TEAMSTERS AND FOOD EMPLOYERS SECURITY TRUST FUND (EIN 956048844) - 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

1950

Legal Domicile

Principal Officer

FRANK AFOA

Phone

6266461075

Tax Period

2024-01-01 to 2024-12-31

TEAMSTERS AND FOOD EMPLOYERS SECURITY TRUST FUND, founded in 1950, is a major nonprofit that reported $136.3M in total revenue in fiscal year 2024. Expenses of $125.7M left a modest 8% surplus.

Mission

HEALTH & WELFARE BENEFITS PROVIDED TO MEMBERS WHO ARE COVERED BY COLLECTIVE BARGAINING AGREEMENTS BETWEEN UNION AND EMPLOYERS.

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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 $123,493,256

Investment Income $2,810,424

Other Revenue $10,044,900

TOTAL REVENUE $136,348,580

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,659,589

Other Expenses $6,086,587

TOTAL EXPENSES $125,659,589

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,348,580	$137,053,618	0.0%
Expenses	$125,659,589	$126,569,252	0.0%
Net Income	$10,688,991	$10,484,366	+0.0%

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
BRENT BOHN	TRUSTEE	10.00	Director	$0	$0	$0
FRANK AFOA	TRUSTEE	10.00	Director	$0	$0	$0
LOURDES GARCIA	TRUSTEE	10.00	Director	$0	$0	$0
ERIC TATE	TRUSTEE	10.00	Director	$0	$0	$0
SONIA MUNOZ	TRUSTEE	10.00	Director	$0	$0	$0
MONIQUE DEGUIA JONES	TRUSTEE	10.00	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	$136,348,580	$125,659,589	$82,291,413	$10,688,991
2023	$137,053,618	$126,569,252	$73,749,659	$10,484,366
2022	$136,995,545	$128,280,128	$61,363,473	$8,715,417
2021	$145,796,443	$131,811,949	$52,333,159	$13,984,494
2020	$143,152,045	$143,427,199	$40,560,259	$-275,154
2019	$142,315,275	$152,417,772	$42,358,660	$-10,102,497
2018	$139,976,080	$138,618,633	$50,617,623	$1,357,447

TEAMSTERS AND FOOD EMPLOYERS SECURITY TRUST FUND