Is R L Fortney Management Inc Health Benefits Trust Legit?

Quick charity verification for R L Fortney Management Inc Health Benefits Trust (EIN: 207198006)

Verdict: R L Fortney Management Inc Health Benefits Trust appears trustworthy

85/100Mission Score
$1.7MRevenue
$142KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

R L Fortney Management Inc Health Benefits Trust appears to be a health benefits trust, which typically operates differently from traditional public charities. Its financial health shows fluctuating revenues and expenses over the past decade, with several years reporting expenses exceeding revenue, such as in 202310 where expenses were $1,228,249 against revenues of $1,097,411, and in 201910 where expenses significantly outpaced revenue ($3,951,281 vs. $3,468,081). This suggests it may be operating on a model where payouts can sometimes exceed contributions in a given year, which is not uncommon for a benefits trust. The organization consistently reports zero liabilities and zero officer compensation, indicating a lean operational structure and a focus on its primary purpose without significant executive overhead. Its assets are relatively modest compared to its annual revenue, with the latest reported assets at $142,073 against $1,717,409 in latest revenue, suggesting funds are primarily disbursed rather than accumulated. The consistent reporting of zero officer compensation across all filings indicates a high degree of transparency regarding executive pay, as there is none to report.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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