BEVERLY HILLS POA SUPPLEMENTAL BEN… - Form 990 Financial Data

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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

1994

Legal Domicile

Principal Officer

STEVE OWN

Phone

4257717359

Tax Period

2024-01-01 to 2024-12-31

BEVERLY HILLS POA SUPPLEMENTAL BEN TRUST, founded in 1994, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $991K, a strong 65% operating margin.

Mission

NONE

Program Service Accomplishments

Program 1

THE TRUST PROVIDES FOR REIMBURSEMENTS TO RETIRED BENEFICIARIES OF MEDICAL INSURANCE PREMIUMS PAID BY THE BENEFICIARY. IN 2024, 47 RETIRED BENEFICIARIES RECEIVED SUCH REIMBURSEMENTS.

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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 $562,674

Investment Income $959,064

Other Revenue $0

TOTAL REVENUE $1,521,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $139,026

TOTAL EXPENSES $530,652

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,521,738	$1,231,755	+0.2%
Expenses	$530,652	$506,049	+0.0%
Net Income	$991,086	$725,706	+0.4%

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
STEVE OWN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MICHAEL R CORREN	TREASURER	2.00	Officer Director	$0	$0	$0
ERIC BENDER	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM L FAIR	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS LELONG	TRUSTEE	1.00	Director	$0	$0	$0
DOUGLAS S MATTESON	TRUSTEE	1.00	Director	$0	$0	$0
ALEX RHEE	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
2024	$1,521,738	$530,652	$23,938,038	$991,086
2023	$1,231,755	$506,049	$20,705,527	$725,706
2022	$1,709,371	$410,157	$17,918,270	$1,299,214
2021	$2,975,653	$412,568	$20,448,414	$2,563,085
2020	$1,522,862	$339,809	$17,380,746	$1,183,053
2019	$1,018,850	$289,561	$15,484,323	$729,289
2018	$1,147,191	$235,322	$12,658,994	$911,869

BEVERLY HILLS POA SUPPLEMENTAL BEN TRUST