INDEPENDENT SCHOOL DISTRICT NO 15 VEBA HEALTH Savings Trust (EIN 853618801) - 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

2004

Legal Domicile

Principal Officer

Brandon Nelson

Phone

7637537039

Tax Period

2024-07-01 to 2025-06-30

INDEPENDENT SCHOOL DISTRICT NO 15 VEBA HEALTH Savings Trust, founded in 2004, is a micro nonprofit in the Mutual Benefit sector that reported $573K in total revenue in fiscal year 2024. Revenue fell 203% from the prior year — a significant decline worth monitoring.

Mission

The purpose of the plan is to provide certain employees with an opportunity to receive reimbursement for certain health care expenses

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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 $198,102

Investment Income $-771,155

Other Revenue $0

TOTAL REVENUE $-573,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $719,777

Other Expenses $34,026

TOTAL EXPENSES $753,803

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-573,053	$553,726	-2.0%
Expenses	$753,803	$857,761	-0.1%
Net Income	$-1,326,856	$-304,035	+3.4%

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
Hand Benefit and Trust	Trustee	1.0		$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
2025	$-573,053	$753,803	$4,753,119	$-1,326,856
2024	$432,101	$1,806,548	$3,956,514	$-1,374,447
2023	$846,500	$674,580	$5,299,143	$171,920
2023	$846,484	$678,374	$5,295,333	$168,110
2022	$706,067	$717,962	$5,102,519	$-11,895
2021	$1,232,555	$762,668	$5,321,216	$469,887

INDEPENDENT SCHOOL DISTRICT NO 15 VEBA HEALTH Savings Trust