SOUND HEALTH & WELLNESS TRUST

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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

1957

Legal Domicile

Principal Officer

SCOTT KLITZKE POWERS

Phone

2062824100

Tax Period

2024-04-01 to 2025-03-31

SOUND HEALTH & WELLNESS TRUST, founded in 1957, is a major nonprofit that reported $301.0M in total revenue in fiscal year 2024.

Mission

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

Program Service Accomplishments

Program 1

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $296,117,517

Investment Income $4,881,770

Other Revenue $0

TOTAL REVENUE $300,999,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,767,122

TOTAL EXPENSES $329,009,002

Year-over-Year Comparison

	2024	2023	Change
Revenue	$300,999,287	$296,025,091	+0.0%
Expenses	$329,009,002	$311,499,425	+0.1%
Net Income	$-28,009,715	$-15,474,334	+0.8%

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
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	FORMER TRUSTEE	1.0	Director	$0	$0	$0
SARAH CHERIN	TRUSTEE	1.0	Director	$0	$0	$0
SHARON CARROLL	FORMER TRUSTEE	1.0	Director	$0	$0	$0
SEAN EMBLY	TRUSTEE	1.0	Director	$0	$0	$0
ERIC RENNER	trustee	1.0	Director	$0	$0	$0
KENDRA VALDEZ	TRUSTEE	1.0	Director	$0	$0	$0
ZACHERY ENGLANDER	TRUSTEE	1.0	Director	$0	$0	$0
JESSICA KONG	TRUSTEE	1.0	Director	$0	$0	$0
HENRY TAYLOR	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
2025	$300,999,287	$329,009,002	$148,200,931	$-28,009,715
2024	$296,025,091	$311,499,425	$166,213,396	$-15,474,334
2023	$293,925,611	$299,958,602	$179,024,146	$-6,032,991
2022	$269,875,972	$284,848,356	$181,681,087	$-14,972,384
2021	$220,354,576	$283,364,104	$203,162,262	$-63,009,528
2020	$239,281,683	$267,164,078	$256,530,776	$-27,882,395
2019	$306,298,087	$273,727,806	$290,642,174	$32,570,281
2018	$296,999,283	$272,142,085	$257,806,616	$24,857,198