REVOLUTIONARY MEDICAL TRUST (EIN 847090724) - 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

2020

Legal Domicile

Principal Officer

ERIC TATE

Phone

8182430222

Tax Period

2024-01-01 to 2024-12-31

REVOLUTIONARY MEDICAL TRUST, founded in 2020, is a mid-sized nonprofit that reported $52.6M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $47.4M left a modest 10% surplus.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS ON WHOSE BEHALF EMPLOYERS CONTRIBUTE TO THE PLAN IN ACCORDANCE WITH THEIR COLLECTIVE BARGAINING AGREEMENTS.

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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 $52,505,864

Investment Income $112,566

Other Revenue $0

TOTAL REVENUE $52,618,430

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,570,056

TOTAL EXPENSES $47,424,828

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,618,430	$47,857,744	+0.1%
Expenses	$47,424,828	$45,703,684	+0.0%
Net Income	$5,193,602	$2,154,060	+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

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
LE PHAN	EMPLOYER TRUSTEE	2.0	Director	$0	$0	$0
RICH HATTEM	EMPLOYER TRUSTEE	2.0	Director	$0	$0	$0
ERIC TATE	CHAIRMAN	2.0	Officer Director	$0	$0	$0
JOE PIMENTEL	UNION TRUSTEE	2.0	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	$52,618,430	$47,424,828	$7,966,121	$5,193,602
2023	$47,857,744	$45,703,684	$2,722,573	$2,154,060
2022	$38,784,597	$39,095,759	$723,534	$-311,162
2021	$23,837,718	$23,651,679	$1,389,554	$186,039
2020	$2,961,865	$2,428,475	$828,180	$533,390

REVOLUTIONARY MEDICAL TRUST