CONTRACTORS CHOICE VOLUNTARY BENEFIT TRUST (EIN 816146419) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

LEROY STOKES JR

Phone

8562075968

Tax Period

2024-01-01 to 2024-12-31

CONTRACTORS CHOICE VOLUNTARY BENEFIT TRUST, founded in 2016, is a micro nonprofit in the Mutual Benefit sector that reported $53K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring.

Mission

IS TO COLLECT CONTRIBUTIONS FROM ITS PARTICIPATING EMPLOYERS. THE TRUST WILL PAY PREMIUMS FOR HEALTH, CRITICAL ILLNESS, LIFE, STD, LTD AND OTHER INSURANCE CONTRACTS FOR THE BENEFIT OF THE EMPLOYEES AND THEIR FAMILIES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $52,791

Investment Income $0

Other Revenue $0

TOTAL REVENUE $52,791

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,496

Other Expenses $57,382

TOTAL EXPENSES $57,382

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,791	$131,900	-0.6%
Expenses	$57,382	$144,853	-0.6%
Net Income	$-4,591	$-12,953	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEROY STOKES JR	Director	2.00	Director	$0	$0	$0
WYNONA SNYDER	Trustee	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$52,791	$57,382	$6,420	$-4,591
2023	$131,900	$144,853	$11,011	$-12,953
2019	$303,477	$288,956	$15,949	$14,521
2018	$187,764	$200,478	$1,428	$-12,714
2017	$114,720	$102,731	$14,142	$11,989

CONTRACTORS CHOICE VOLUNTARY BENEFIT TRUST