Operating Engineers Workers Compensation Trust Fund (EIN 954779189) - 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

2000

Legal Domicile

Principal Officer

MICHAEL B DE CHELLIS

Phone

6263561000

Tax Period

2023-01-01 to 2023-12-31

Operating Engineers Workers Compensation Trust Fund, founded in 2000, is a small nonprofit in the Crime & Legal sector that reported $284K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $180K, a strong 63% operating margin.

Mission

to improve the quality and delivery of workers' compensation benefits to injured employees and to create a safety group established pursuant to a joint labor-management committee which will establish a written safety program designed to decrease the severity and incidence of work-related injuries suffered by employees.

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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 $213,873

Investment Income $70,180

Other Revenue $0

TOTAL REVENUE $284,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $104,478

TOTAL EXPENSES $104,478

Year-over-Year Comparison

	2023	2022	Change
Revenue	$284,053	$226,868	+0.3%
Expenses	$104,478	$81,365	+0.3%
Net Income	$179,575	$145,503	+0.2%

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

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
JAMES HULSE	TRUSTEE	1.0	Director	$0	$0	$0
PERRY HAWKINS	TRUSTEE	1.0	Director	$0	$0	$0
ROBERT NINTEMAN	ALTERNATE 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
2024	No data	No data	No data	No data
2023	$284,053	$104,478	$2,078,483	$179,575
2022	$226,868	$81,365	$1,881,712	$145,503
2021	$271,113	$70,121	$1,880,094	$200,992
2020	$227,190	$61,360	$1,745,222	$165,830
2019	$314,231	$76,818	$1,534,714	$237,413
2018	$224,599	$102,123	$1,317,505	$122,476

Operating Engineers Workers Compensation Trust Fund