#246 of 500 · Member & Benefit Funds
Board Of Education Of Montgomery County Employee Benefit Trust Fund
A voluntary employees' beneficiary association (VEBA) based in Rockville, Maryland, that funds the Montgomery County Public Schools (MCPS) Employee Benefit Plan. It provides health and welfare benefits, including medical, dental, vision, prescription drug and life insurance coverage, to eligible current employees, retirees and their dependents. As an employee-benefit trust, it does not conduct public charitable programs.
Open the interactive profileFinancials, fiscal 2024
- Revenue
- $631.5M
- Expenses
- $665.9M
- Total assets
- $26.5M
- Net assets
- -$35.0M
- Operating margin
- -5.4%
- 1-year growth
- 11.8%
- 5-year growth (CAGR)
- 7.1%
- Reserve (years of spending)
- -0.6
- Contributions share
- n/a
- Programme spending
- 99.7%
- Fundraising cost
- n/a
- Executive pay share
- 0.00%
- Employees
- 33,119
- Revenue per employee
- $19K
- Grants paid
- n/a
- Years filing
- 60
NFP Health Score: 53 / 100
Financial 10 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Revenue history
| Year | Revenue |
|---|---|
| 2020 | $479.1M |
| 2021 | $504.9M |
| 2022 | $526.1M |
| 2023 | $565.0M |
| 2024 | $631.5M |