BRAKEBUSH BROTHERS INC WELFARE BENEFITS TRUST (EIN 816959427) - 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

GREGORY HUFF

Phone

6082962121

Tax Period

2023-01-01 to 2023-12-31

BRAKEBUSH BROTHERS INC WELFARE BENEFITS TRUST, founded in 2016, is a mid-sized nonprofit in the Mutual Benefit sector that reported $15.4M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $17.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

VEBA ESTABLISHED TO COVER HEALTH AND DENTAL INSURANCE FOR EMPLOYEES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $15,391,746

Investment Income $22,196

Other Revenue $0

TOTAL REVENUE $15,413,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,869,106

TOTAL EXPENSES $17,588,787

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,413,942	$16,565,197	-0.1%
Expenses	$17,588,787	$15,625,669	+0.1%
Net Income	$-2,174,845	$939,528	-3.3%

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
GREGORY HUFF	TRUSTEE	1.00	Director	$0	$0	$0
VAI OLES	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS NUSS	TRUSTEE	1.00	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	No data	No data	No data	No data
2023	$15,413,942	$17,588,787	$1,821,401	$-2,174,845
2022	$16,565,197	$15,625,669	$3,973,425	$939,528
2021	$16,978,203	$17,032,769	$3,046,409	$-54,566
2020	$15,585,904	$16,008,328	$2,842,853	$-422,424
2019	$13,680,299	$13,826,072	$3,243,053	$-145,773
2018	$12,583,478	$13,007,552	$3,265,545	$-424,074

BRAKEBUSH BROTHERS INC WELFARE BENEFITS TRUST