GALLO EMPLOYEE BENEFIT TRUST (EIN 942334925) - 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

1976

Legal Domicile

Principal Officer

MICHELLE LEWIS

Phone

2093413024

Tax Period

2023-01-01 to 2023-12-31

GALLO EMPLOYEE BENEFIT TRUST, founded in 1976, is a mid-sized nonprofit in the Unknown sector that reported $66.1M in total revenue in fiscal year 2023. Expenses of $63.7M left a modest 4% surplus.

Mission

THE VEBA TRUST PROVIDES MEDICAL, HEALTHCARE, AND DENTAL BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS IN ACCORDANCE WITH THE GALLO HEALTH AND DENTAL PLANS FOR SALARIED EMPLOYEES AND FULLTIME FARMWORKERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $66,084,574

Investment Income $0

Other Revenue $0

TOTAL REVENUE $66,084,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,991,717

TOTAL EXPENSES $63,703,883

Year-over-Year Comparison

	2023	2022	Change
Revenue	$66,084,574	$64,424,673	+0.0%
Expenses	$63,703,883	$64,003,665	0.0%
Net Income	$2,380,691	$421,008	+4.7%

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
MICHELLE LEWIS	TRUSTEE	1.00	Director	$0	$0	$0
JEFF WILSON	TRUSTEE	1.00	Director	$0	$0	$0
DAVID PIERCE	SENIOR DIRECTOR	1.00	Officer	$0	$0	$0
CARMELLA SMYTH	SENIOR MANAGER	4.00	Officer	$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
2024	No data	No data	No data	No data
2023	$66,084,574	$63,703,883	$7,727,916	$2,380,691
2022	$64,424,673	$64,003,665	$6,957,790	$421,008
2021	$62,468,490	$59,757,101	$5,341,212	$2,711,389
2020	$58,655,924	$59,861,299	$4,508,037	$-1,205,375
2019	$57,763,376	$59,410,421	$3,816,045	$-1,647,045
2018	$52,822,672	$53,545,702	$4,153,734	$-723,030

GALLO EMPLOYEE BENEFIT TRUST