INFORMATION TECHNOLOGY COALITION INC HEALTH & WELFARE TRUST

EIN: 856180212

ALEXANDRIA, VA

Total Revenue
$8,825,289
Total Expenses
$8,766,804
Total Assets
$450,024
Net Assets
$198,236
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
WILMINGTON TRUST NA
Phone
7038944444
Tax Period
2023-07-01 to 2024-06-30

INFORMATION TECHNOLOGY COALITION INC HEALTH & WELFARE TRUST, founded in 2020, is a community nonprofit that reported $6.3M in total revenue in fiscal year 2022. Revenue surged 69% from the prior year, signaling strong growth momentum.

Mission

THE TRUST PROVIDES FRINGE BENEFITS TO EMPLOYEES COVERED BY THE SERVICE CONTRACT ACT. EMPLOYEE BENEFITS INCLUDING HEALTH, DENTAL, VISION, LIFE, AD&D, AND SHORT TERM DISABILITY, CRITICAL ILLNESS, INDEMNITY INSURANCE ARE REQUIRED TO MEET MINIMUM PREVAILING WAGE RATES AS REQUIRED UNDER THE ACT.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,808,265
Investment Income $17,024
Other Revenue $0
TOTAL REVENUE $8,825,289

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,860
Fundraising Expenses $0
Other Expenses $287,717
TOTAL EXPENSES $8,766,804

Year-over-Year Comparison

2023 2022 Change
Revenue $8,825,289 $6,330,979 +0.4%
Expenses $8,766,804 $6,581,325 +0.3%
Net Income $58,485 $-250,346 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

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 1.00
$9,860 $0 $9,860
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 No data No data No data No data
2024 $8,825,289 $8,766,804 $450,024 $58,485
2023 $4,349,827 $4,492,809 $316,495 $-142,982
2023 $6,330,979 $6,581,325 $699,078 $-250,346
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare INFORMATION TECHNOLOGY COALITION INC HEALTH & WELFARE TRUST with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.