SOUND HEALTH & WELLNESS RETIREE TRUST (EIN 911950259) - 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

1999

Legal Domicile

Principal Officer

SCOTT KLITZKE POWERS

Phone

2062824100

Tax Period

2022-04-01 to 2023-03-31

SOUND HEALTH & WELLNESS RETIREE TRUST, founded in 1999, is a micro nonprofit that reported $47K in total revenue in fiscal year 2022. Revenue fell 230% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE RETIREES AND THEIR DEPENDENTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $20,783

Investment Income $-67,643

Other Revenue $0

TOTAL REVENUE $-46,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $274,095

TOTAL EXPENSES $1,570,560

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-46,860	$36,084	-2.3%
Expenses	$1,570,560	$239,305	+5.6%
Net Income	$-1,617,420	$-203,221	+7.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frank Jorgensen	TRUSTEE	1.0	Director	$0	$0	$0
SCOTT KLITZKE POWERS	TRUSTEE/CHAIRMAN	1.0	Director	$0	$0	$0
BRENT BOHN	TRUSTEE	1.0	Director	$0	$0	$0
FAYE GUENTHER	TRUSTEE	1.0	Director	$0	$0	$0
JOE MIZRAHI	TRUSTEE/SECRETARY	1.0	Director	$0	$0	$0
YVONNE PETERS	TRUSTEE	1.0	Director	$0	$0	$0
SEAN HAMMOND	TRUSTEE	1.0	Director	$0	$0	$0
SARAH CHERIN	TRUSTEE	1.0	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
2023	$-46,860	$1,570,560	No data	$-1,617,420
2022	$36,084	$239,305	$1,674,882	$-203,221
2021	$53,725	$266,244	$1,950,146	$-212,519
2020	$91,366	$366,957	$2,126,611	$-275,591
2019	$1,773,503	$4,311,280	$2,519,653	$-2,537,777
2018	$4,063,235	$5,491,726	$5,863,006	$-1,428,491

SOUND HEALTH & WELLNESS RETIREE TRUST