IRVINE EMPLOYEES BENEFIT TRUST (EIN 912003780) - 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

MICHAEL WEISS

Phone

8334684659

Tax Period

2024-07-01 to 2025-06-30

IRVINE EMPLOYEES BENEFIT TRUST, founded in 1999, is a community nonprofit in the Mutual Benefit sector that reported $7.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.4M, a strong 62% operating margin.

Mission

THE TRUST PROVIDES FOR REIMBURSEMENTS TO RETIRED BENEFICIARIES OF HEALTH INSURANCE PREMIUMS AND QUALIFIED MEDICAL EXPENSES PAID BY THE BENEFICIARY.

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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 $5,066,788

Investment Income $1,990,876

Other Revenue $0

TOTAL REVENUE $7,057,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $335,085

TOTAL EXPENSES $2,698,334

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,057,664	$5,951,874	+0.2%
Expenses	$2,698,334	$2,425,908	+0.1%
Net Income	$4,359,330	$3,525,966	+0.2%

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

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
MICHAEL WEISS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRIAN BROWN	SECRETARY	1.00	Officer Director	$0	$0	$0
MATHEW ARAGON	TRUSTEE	1.00	Director	$0	$0	$0
NINA BERBIGLIA	TRUSTEE	1.00	Director	$0	$0	$0
JON JARRETT	TRUSTEE	1.00	Director	$0	$0	$0
DARCY JONES	TRUSTEE	1.00	Director	$0	$0	$0
JAMES MOORE	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN SHIPPEE	TRUSTEE	1.00	Director	$0	$0	$0
MARK SOMERS	TRUSTEE	1.00	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
2025	$7,057,664	$2,698,334	$51,214,631	$4,359,330
2024	$5,951,874	$2,425,908	$44,171,213	$3,525,966
2023	$5,115,069	$2,318,946	$37,838,098	$2,796,123
2022	$4,854,545	$2,106,616	$33,096,171	$2,747,929
2021	$4,694,245	$1,989,322	$36,017,388	$2,704,923
2020	$4,444,003	$1,821,714	$26,692,406	$2,622,289
2019	$2,972,698	$1,633,090	$25,023,591	$1,339,608
2018	$4,237,508	$1,547,485	$23,188,621	$2,690,023

IRVINE EMPLOYEES BENEFIT TRUST