R L Fortney Management Inc Health Benefits Trust

Health Benefits Trust shows fluctuating financials with consistent zero officer compensation.

EIN: 207198006 · North Olmsted, OH · NTEE: Y43 · Updated: 2026-03-28

$1.7MRevenue

$142KAssets

85/100Mission Score (Excellent)

Y43

About R L Fortney Management Inc Health Benefits Trust

R L Fortney Management Inc Health Benefits Trust (EIN: 207198006) is a nonprofit organization based in North Olmsted, OH, classified under NTEE code Y43. The organization reported total revenue of $1.7M and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R L Fortney Management Inc Health Benefits Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates R L Fortney Management Inc Health Benefits Trust with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 0%
programs: 100%
fundraising: 0%

According to IRS 990 filings, R L Fortney Management Inc Health Benefits Trust allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization with annual revenues exceeding $1 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of R L Fortney Management Inc Health Benefits Trust's IRS 990 filings:

Frequent years with expenses exceeding revenue (e.g., 202310, 202110, 201910), which could indicate reliance on prior reserves or external funding if not typical for its trust structure.

Strengths

The following positive indicators were identified for R L Fortney Management Inc Health Benefits Trust:

Consistent zero officer compensation across all filings, indicating no executive pay from the organization.
Consistent reporting of zero liabilities, suggesting strong financial management and no outstanding debts.
High potential program spending ratio, likely near 100% given the nature of a benefits trust and zero officer compensation.
Clear financial reporting with 13 years of filing history available.

Frequently Asked Questions about R L Fortney Management Inc Health Benefits Trust

Is R L Fortney Management Inc Health Benefits Trust a good charity?

As a health benefits trust (NTEE Y43), it operates differently from a traditional charity. Its 'goodness' should be assessed based on its effectiveness in providing health benefits to its beneficiaries, rather than typical charitable impact metrics. The consistent zero officer compensation and zero liabilities are positive indicators of financial stewardship.

Why does the organization have fluctuating revenues and expenses?

Fluctuations in revenue and expenses are common for health benefits trusts, as they depend on member contributions and the volume/cost of claims paid out in any given year. For example, in 201910, expenses were $3,951,281 while revenue was $3,468,081, indicating a year with higher payouts.

What is the significance of zero officer compensation?

Zero officer compensation across all filings (e.g., 0% in 202310, 202210, etc.) suggests that the organization is either managed by volunteers, or its administrative functions are handled by an external entity, or the officers are compensated through other means not reported on the 990 as direct compensation from this specific entity. This indicates a very lean overhead structure regarding executive pay.

Are the assets sufficient for its operations?

With latest assets at $142,073 against latest revenue of $1,717,409, the organization does not appear to be accumulating significant reserves. This is typical for a benefits trust that primarily disburses funds. The consistent reporting of zero liabilities across all periods is a strong positive indicator of financial stability in this regard.

How does its spending efficiency compare to other nonprofits?

Given its nature as a health benefits trust and the consistent reporting of 0% officer compensation, it appears to be highly efficient in terms of administrative overhead related to executive pay. Assuming all other expenses are directly related to benefit payouts, its program spending would be exceptionally high, effectively 100% of expenses, which is outstanding for a nonprofit.

Filing History

IRS 990 filing history for R L Fortney Management Inc Health Benefits Trust showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), R L Fortney Management Inc Health Benefits Trust's revenue has grown by 6.9%, moving from $1.0M to $1.1M. Total assets increased by 214.7% over the same period, from $19K to $59K. Total functional expenses rose by 18.9%, from $1.0M to $1.2M. In its most recent filing year (2023), R L Fortney Management Inc Health Benefits Trust reported a deficit of $131K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.1M	$1.2M	$59K	$0	—	View 990
2022	$1.6M	$1.5M	$190K	$0	—	—
2021	$1.9M	$2.0M	$39K	$0	—	View 990
2020	$2.0M	$1.9M	$116K	$0	—	—
2019	$3.5M	$4.0M	$17K	$0	—	—
2018	$2.8M	$2.3M	$500K	$0	—	View 990
2017	$1.5M	$1.5M	$79K	$0	—	View 990
2016	$1.5M	$1.5M	$5K	$0	—	View 990
2015	$1.3M	$1.3M	$35K	$0	—	View 990
2014	$1.5M	$1.5M	$35K	$0	—	View 990
2013	$1.0M	$1.0M	$14K	$0	—	View 990
2012	$744K	$730K	$32K	$0	—	View 990
2011	$1.0M	$1.0M	$19K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.1M, expenses of $1.2M, and assets of $59K (revenue -31.6% year-over-year).
2022: Revenue of $1.6M, expenses of $1.5M, and assets of $190K (revenue -14.9% year-over-year).
2021: Revenue of $1.9M, expenses of $2.0M, and assets of $39K (revenue -7.6% year-over-year).
2020: Revenue of $2.0M, expenses of $1.9M, and assets of $116K (revenue -41.2% year-over-year).
2019: Revenue of $3.5M, expenses of $4.0M, and assets of $17K (revenue +25.8% year-over-year).
2018: Revenue of $2.8M, expenses of $2.3M, and assets of $500K (revenue +80.5% year-over-year).
2017: Revenue of $1.5M, expenses of $1.5M, and assets of $79K (revenue +4.3% year-over-year).
2016: Revenue of $1.5M, expenses of $1.5M, and assets of $5K (revenue +15.5% year-over-year).
2015: Revenue of $1.3M, expenses of $1.3M, and assets of $35K (revenue -14.9% year-over-year).
2014: Revenue of $1.5M, expenses of $1.5M, and assets of $35K (revenue +47.8% year-over-year).
2013: Revenue of $1.0M, expenses of $1.0M, and assets of $14K (revenue +35.6% year-over-year).
2012: Revenue of $744K, expenses of $730K, and assets of $32K (revenue -27.6% year-over-year).
2011: Revenue of $1.0M, expenses of $1.0M, and assets of $19K.

Data Sources and Methodology

This transparency report for R L Fortney Management Inc Health Benefits Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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