FORD DEVELOPMENT VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION TRUST

EIN: 836175978

BROOKLYN, NY

Total Revenue
$87,188
Total Expenses
$111,714
Total Assets
N/A
Net Assets
N/A
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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
2017
Legal Domicile
NY
Principal Officer
STEPHEN GOLDBLATT
Phone
7183326474
Tax Period
2019-01-01 to 2019-12-31

FORD DEVELOPMENT VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION TRUST, founded in 2017, is a micro nonprofit that reported $87K in total revenue in fiscal year 2019. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $112K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE FORD DEVELOPMENT VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION TRUST (THE "TRUST") IS FUNDED BY FORD DEVELOPMENT. THE TRUST IS REFERRED TO AS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION OR VEBA. THE TRUST WAS ESTABLISHED TO FUND THE OPERATIONS OF THE PLAN.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $87,188
Investment Income $0
Other Revenue $0
TOTAL REVENUE $87,188

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $29,100
TOTAL EXPENSES $111,714

Year-over-Year Comparison

2019 2018 Change
Revenue $87,188 $118,673 -0.3%
Expenses $111,714 $57,774 +0.9%
Net Income $-24,526 $60,899 -1.4%
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

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Governance

Voting Members
1
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 0.00
$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
2019 $87,188 $111,714 No data $-24,526
2018 $118,673 $57,774 $152,844 $60,899
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