East Bay Drayage Drivers Security Fund (EIN 946073020) - 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

1952

Legal Domicile

Principal Officer

MARTY FRATES

Phone

9259541439

Tax Period

2023-11-01 to 2024-10-31

East Bay Drayage Drivers Security Fund, founded in 1952, is a mid-sized nonprofit that reported $78.9M in total revenue in fiscal year 2023. Expenses of $87.6M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS IN THIS MULTIEMPLOYER PLAN.

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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 $76,455,613

Investment Income $2,381,299

Other Revenue $112,500

TOTAL REVENUE $78,949,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,675,817

TOTAL EXPENSES $87,602,882

Year-over-Year Comparison

	2023	2022	Change
Revenue	$78,949,412	$82,319,048	0.0%
Expenses	$87,602,882	$80,982,858	+0.1%
Net Income	$-8,653,470	$1,336,190	-7.5%

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
RICH MURPHY	CO-CHAIR	1.0	Officer Director	$0	$0	$0
Greg Ong	TRUSTEE	1.0	Director	$0	$0	$0
MARTY FRATES	CO-CHAIR	1.0	Officer Director	$0	$0	$0
Mark Hawkins	TRUSTEE	1.0	Director	$0	$0	$0
DOMINIC CHIOVARE	Trustee	1.0	Director	$0	$0	$0
FELIX MARTINEZ	TRUSTEE	1.0	Director	$0	$0	$0
LOU PELLEGRINI	TRUSTEE (THRU 5/6/2024)	1.0	Director	$0	$0	$0
DEB OSTENDORP	TRUSTEE	1.0	Director	$0	$0	$0
SEE SCHEDULE O FOR COMPENSATION	PAID BY RELATED ORGANIZATIONS	0.0	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
2024	$78,949,412	$87,602,882	$70,456,123	$-8,653,470
2023	$82,319,048	$80,982,858	$71,497,950	$1,336,190
2022	$76,525,712	$70,878,795	$68,861,690	$5,646,917
2021	$78,936,100	$68,189,569	$71,254,325	$10,746,531
2020	$71,426,490	$67,577,709	$62,396,392	$3,848,781
2019	$68,813,228	$64,664,724	$60,170,635	$4,148,504
2018	$63,393,387	$58,344,003	$53,938,277	$5,049,384

East Bay Drayage Drivers Security Fund