1999 VEBA OF THE NON REPRESENTED EMPLOYEES OF SOUTHERN CALIFORNIA EDISON (EIN 954742958) - 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

MARK CHILDS

Phone

6263022627

Tax Period

2024-01-01 to 2024-12-31

1999 VEBA OF THE NON REPRESENTED EMPLOYEES OF SOUTHERN CALIFORNIA EDISON, founded in 1999, is a community nonprofit in the Mutual Benefit sector that reported $4.2M in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $5.0M exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ORGANIZATION IS ESTABLISHED TO PROVIDE POST-RETIREMENT HEALTH AND WELFARE BENEFITS TO ITS MEMBERS, WHICH ARE NOT EXCLUSIVELY PART OF A COLLECTIVELY BARGAINED 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4,167,112

Other Revenue $0

TOTAL REVENUE $4,167,112

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,187

Fundraising Expenses $0

Other Expenses $404,640

TOTAL EXPENSES $5,019,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,167,112	$11,060,555	-0.6%
Expenses	$5,019,743	$9,615,454	-0.5%
Net Income	$-852,631	$1,445,101	-1.6%

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
N/A	TRUSTEE	1.50		$0	$25,187	$25,187

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	$4,167,112	$5,019,743	$128,265,979	$-852,631
2023	$11,060,555	$9,615,454	$125,896,058	$1,445,101
2022	$-5,115,732	$6,755,619	$110,596,792	$-11,871,351
2021	$47,756,736	$32,509,390	$152,655,574	$15,247,346
2020	$6,402,292	$11,842,606	$161,890,674	$-5,440,314
2019	$4,391,385	$8,618,289	$150,507,239	$-4,226,904
2018	$4,558,469	$8,143,789	$126,723,834	$-3,585,320

1999 VEBA OF THE NON REPRESENTED EMPLOYEES OF SOUTHERN CALIFORNIA EDISON