2025-11-12T13:30:04-06:00 2024-12-31 871353108 EISNER ADVISORY GROUP LLC 202 CARNEGIE CENTER SUITE 300 PRINCETON NJ 08540 990 2024-01-01 203455598 BENEFITS DATA TRUST C/O LYNN E FELDMAN ESQ BENE 6105309285 2310 WALBERT AVENUE 103 ALLENTOWN PA 18104 LYNN E FELDMAN ESQ CHAPTER 7 BANKRUPTCY TRUSTEE 6105309285 2025-11-11 1 1 WILLIAM EPSTEIN P01307171 6099210900 2025-11-11 2024 2025-03-06 01:10:19Z X LYNN E FELDMAN ESQ 5946404 0 X N/A X 2005 PA COMMITTED TO TRANSFORMING HOWINDIVIDUALS IN NEED ACCESS ESSENTIAL BENEFITS. 0 0 352 0 0 0 15067912 757121 12811239 4958150 494812 231133 170011 0 28543974 5946404 0 0 0 0 28211898 17004046 0 0 1376961 8991852 6863390 37203750 23867436 -8659776 -17921032 32856270 13801160 9390952 8129689 23465318 5671471 X BENEFITS DATA TRUST IS A NATIONAL NOT-FOR-PROFIT COMMITTED TOTRANSFORMING HOW INDIVIDUALS IN NEED ACCESS ESSENTIAL BENEFITS ANDSERVICES. (SEE ALSO SCHEDULE O) 0 1 10451715 2402468 DIRECT OUTREACH AND APPLICATION ASSISTANCE:BENEFITS DATA TRUST (BDT) ASSISTS CLIENTS WITH THE BENEFIT APPLICATIONAND ENROLLMENT PROCESS THROUGH PHONE-BASED APPLICATION ASSISTANCE ANDDATA-DRIVEN OUTREACH. BDT PARTNERS WITH GOVERNMENT AGENCIES ANDCROSS-SECTOR STAKEHOLDERS AND USES DATA TO IDENTIFY INDIVIDUALS WHO ARENOT CURRENTLY ACCESSING THE CRITICAL BENEFITS AND SERVICES FOR WHICHTHEY QUALIFY. ONCE IDENTIFIED, INDIVIDUALS ARE CONNECTED WITH TRAINEDSTAFF AT BDT'S CONTACT CENTER, WHICH USES BDT'S PROPRIETARY SOFTWARE TOHELP CLIENTS COMPLETE APPLICATIONS FOR A FULL SUITE OF BENEFITS ANDSERVICES AT ONCE, ELIMINATING THE BURDEN AND REDUNDANCY OF NAVIGATINGEACH PROGRAM SEPARATELY. THIS IS A GRANT FUNDED PROGRAM THAT IS A FREESERVICE TO OUR CLIENTS. 4437664 1120431 DATA AND TECHNOLOGY:BDT USES DATA AND TECHNOLOGY TO DESIGN SOLUTIONS THAT IMPROVE ACCESS TOESSENTIAL BENEFITS AND SERVICES. BDT ANALYZES DATA TO BETTER CONNECTTHOSE IN NEED TO PUBLIC BENEFITS THAT THEY ARE ELIGIBLE FOR AND BUILDSINTEGRATED TECHNOLOGY SOLUTIONS THAT CONNECT CLIENTS TO SERVICES FORKEY PARTNERS AND/OR GEOGRAPHIES. BY BUILDING TECHNOLOGY SOLUTIONS THATENSURE A SMOOTH APPLICATION AND ENROLLMENT PROCESS, BDT IS REDUCING THENUMBER OF BARRIERS FACED BY THOSE IN NEED WHEN APPLYING FOR ASSISTANCE.NOTING THE DECLINE IN THE % OF FUNDED DIRECT SERVICE & OUTREACH PROGRAMEXPENSES (SEE NOTE ABOVE), BDT MANAGEMENT RECOGNIZED THAT THE COREDIRECT SERVICE & OUTREACH BUSINESS LINE NEEDED TO BE REINVENTED. A VISIONARY PLAN WAS IMPLEMENTED WITH THE GOALS TO (CONTINTUED ON SCH. O) ENHANCE DIRECT SERVICE. 1395625 1209682 TECHNICAL ASSISTANCE:BDT PROVIDES POLICY AND PRACTICE ASSISTANCE TO STATES NATIONWIDE TOHELP THEM STREAMLINE BENEFITS ACCESS. THE ORGANIZATION HELPS STATEAGENCIES EXPLORE, APPLY FOR, AND OPERATIONALIZE THE COLLECTION OFWAIVERS, STATE OPTIONS, AND PROCESS IMPROVEMENTS AVAILABLE, INCLUDINGDATA-MATCHING, CROSS-PROGRAM ENROLLMENT COORDINATION, DATA-DRIVENOUTREACH, AND APPLICATION SIMPLIFICATION. BDT'S POLICY WORK ALSOINCLUDES DISSEMINATION OF EFFECTIVE POLICIES AND PRACTICES THROUGHREPORTS, ISSUE BRIEFS, PLAYBOOKS, AND WEBINARS. 225569 (CONTINUED FROM PART III) OTHER VARIOUS PROGRAM SERVICES PROVIDED TO ENHANCE ACCESS TO ESSENTIAL BENEFITS AND SERVICE. 225569 16285004 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 22 0 352 1 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA CO CT IN LA MD MI MN NH NJ NY NC ND OK PA RI SC TX VA WA X LYNN E FELDMAN ESQUIRE 6105309285 2310 WALBERT AVE STE 103 ALLENTOWN PA 18104 X GWEN MUSE-EVANS DIRECTOR - THRU 10/7/24 1.00 X 0 0 0 JEFFREY BAKER DIRECTOR - THRU 10/7/24 1.00 X X 0 0 0 JULIUS GREEN DIRECTOR - THRU 6/30/2024 1.00 X 0 0 0 LISA MORRISON BUTLER DIRECTOR - THRU 10/7/24 1.00 X 0 0 0 MARGARET BRADLEY SECRETARY - THRU 10/7/24 1.00 X X 0 0 0 RICH GREENAWALT DIRECTOR - THRU 10/7/24 1.00 X 0 0 0 THOMAS SHAFFERT TREASURER - THRU 6/30/2024 1.00 X X 0 0 0 TROOPER SANDERS CEO - THRU 6/9/2024 45.00 X 166891 0 7151 VIKKI WACHINO DIRECTOR - THRU 10/7/24 1.00 X 0 0 0 WARREN KANTOR CHAIRMAN - THRU 10/7/24 1.00 X X 0 0 0 ZIA KHAN DIRECTOR - THRU 6/30/2024 1.00 X 0 0 0 LYNN E FELDMAN ESQ BANKRUPTCY TRUSTEE - AS OF 10.7.24 2.00 X 0 0 0 ALYSSA WAGNER CPO - THRU 10/7/2024 45.00 X 208061 0 8759 ERIKA BLUMENTHAL COO - THRU 10/4/2024 45.00 X 221859 0 8935 SANG HOON LEE CHIEF OF STAFF - THRU 8/6/2024 45.00 X 153754 0 5744 STEPHEN ROCKWELL CDO - THRU 6/14/2024 45.00 X 135402 0 5445 WENDY STARNER CFO - THRU 10/5/2024 45.00 X 240651 0 7367 CASSIAN BRIGETTE K POWELL SR. DIR. OF POLICY - THRU 8/24/2024 37.00 X 136114 0 6156 JULIETTE HYE-YOUNG CHO SR. DIR. OF PHILANTHROPY - THRU 8/24/2024 37.00 X 174296 0 0 MARTA MIGUEL DIR. OF DATA ANALYTICS - THRU 8/24/2024 37.00 X 134657 0 5413 SEAN SHAMBA DONOVAN SR. DIR. OF INFO SYSTEM - THRU 8/24/2024 37.00 X 130075 0 5387 SHARON REIKO WAKIYAMA ENTERPRISE ARCHITECT - THRU 10/4/2024 37.00 X 137311 0 5977 1839071 0 66334 11 0 1 0 ADP INC ADP BOULEVARD ROSELAND NJ 07068 PAYROLL SERVICES 1339395 FIVE9 INC 3001 BISHOP DRIVE SAN RAMON CA 94583 TELEPHONE SERVICES 462645 SADA SYSTEMS INC 5250 LANKERSHIM BOULEVARD 620 NORTH HOLLYWOOD CA 91601 IT SERVICES 410811 UNITED MAIL 4410 BISHOP LANE WATTERSON PARK KY 40218 DIRECT MARKETING 349861 TRANSPERFECT TRANSLATIONS INTERNATIONAL 1250 BROADWAY 32ND FLOOR NEW YORK NY 10001 TRANLATION SERVICES 167042 5 757121 18009 757121 PROGRAM SERVICE REVENU 518210 4958150 4958150 4958150 231133 231133 5946404 4958150 0 231133 1126616 181779 609902 334935 12699792 9872800 2181336 645656 431592 340172 71041 20379 1572786 1132021 338950 101815 1173260 848960 243449 80851 404091 404091 33000 33000 857264 344788 512476 115240 115240 89757 27865 59768 2124 1020517 471522 546506 2489 860996 602698 232469 25829 110941 81140 23608 6193 18503 10141 6942 1420 45037 45037 1319476 936828 343064 39584 339935 339935 SUBCONTRACTORS 895356 895356 MAIL PRODUCTION 531689 531243 446 MISCELLANEOUS 208944 7614 201330 BANK CHARGES 12644 77 12567 23867436 16285004 6205471 1376961 246321 3436843 1443144 151720 8286406 0 3801805 170893 144407 14347757 9829522 5837713 4518235 13879062 2992731 1748150 32856270 13801160 2159078 5785486 0 0 2402142 0 4829732 2344203 9390952 8129689 X 18581293 5671471 4884025 0 23465318 5671471 32856270 13801160 -17921032 127185 0 X X 0 0 1 0 X 16550735 13894661 32534625 15067912 757121 78805054 9754528 14286156 12937546 12811239 4958150 54747619 146900 146900 26452163 28180817 45472171 27879151 5715271 133699573 12834055 9765964 29821471 9866851 1621809 63910150 0 12834055 9765964 29821471 9866851 1621809 63910150 69789423 70834 103509 491574 494812 231133 1391862 70834 103509 491574 494812 231133 1391862 4454 58 15535 170011 190058 26527451 28284384 45979280 28543974 5946404 135281493 0.51590 0.50790 0.01030 0.00760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 1000000 1000000 0 3000000 4500000 93 2425 32000 0 34518 250000 250000 250000 0 750000 1125000 30 245 0 0 275 3913732 2822933 1090799 450378 441750 8628 9983647 6564839 3418808 4518235 RIGHT TO USE ASSET 1748150 1748150 OPERATING LEASE LIABILITY 2294203 SECURITY DEPOSIT 50000 2344203 X X X 0 0 0 0 0 0 0 0 0 WENDY STARNER CFO - THRU 10/5/2024 240651 0 0 0 0 0 7055 0 312 0 248018 0 0 0 ERIKA BLUMENTHAL COO - THRU 10/4/2024 221859 0 0 0 0 0 8935 0 0 0 230794 0 0 0 ALYSSA WAGNER CPO - THRU 10/7/2024 208061 0 0 0 0 0 8446 0 312 0 216819 0 0 0 JULIETTE HYE-YOUNG CHO SR. DIR. OF PHILANTHROPY - THRU 8/24 174296 0 0 0 0 0 0 0 0 0 174296 0 0 0 TROOPER SANDERS CEO - THRU 6/9/2024 166891 0 0 0 0 0 5706 0 1446 0 174043 0 0 0 SANG HOON LEE CHIEF OF STAFF - THRU 8/6/2024 153754 0 0 0 0 0 5286 0 458 0 159498 0 0 0 SHARON REIKO WAKIYAMA ENTERPRISE ARCHITECT - THRU 10/4/202 137311 0 0 0 0 0 5665 0 312 0 143288 0 0 0 CASSIAN BRIGETTE K POWELL SR. DIR. OF POLICY - THRU 8/24/2024 136114 0 0 0 0 0 5698 0 458 0 142270 0 0 0 STEPHEN ROCKWELL CDO - THRU 6/14/2024 135402 0 0 0 0 0 5445 0 0 0 140847 0 0 0 MARTA MIGUEL DIR. OF DATA ANALYTICS - THRU 8/24/2 134657 0 0 0 0 0 5413 0 0 0 140070 0 0 0 SEAN SHAMBA DONOVAN SR. DIR. OF INFO SYSTEM - THRU 8/24/ 130075 0 0 0 0 0 5283 0 104 0 135462 0 0 0 FORM 990, PART III, LINE 3 THE ORGANIZATION CEASED OPERATIONS AS OF OCTOBER 7, 2024 AND FILED A VOLUNTARY PETITION FOR RELIEF UNDER CHAPTER 7 OF THE BANKRUPTCY CODE WITH THE UNITED BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA, AT WHICH TIME LYNN E. FELDMAN, ESQ. WAS APPOINTED AS CHAPTER 7 BANKRUPTCY TRUSTEE. ALTHOUGH OPERATIONS HAVE CEASED, AS OF DECEMBER 31, 2024 ASSETS REMAINED FOR THE DISTRIBUTION OF CLAIMS, WHICH WILL BEGIN TO BE PAID OUT IN 2025. IT IS EXPECTED THAT THE 2025 RETURN WILL BE FINAL. SEE ATTACHED BANKRUPTCY PETITION. FORM 990, PART V, LINE 2A THE ORGANIZATION CEASED OPERATIONS AS OF OCTOBER 7, 2024 AND FILED FOR CHAPTER 7 BAKRUPTCY. AS A RESULT, ALL EMPLOYEES WERE TERMINATED BY THIS DATE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CEASED OPERATIONS ON OCTOBER 7, 2024 AS A RESULT OF FILING FOR CHAPTER 7 BANKRUPTCY. AS OF THIS DATE, ALL EMPLOYEES, OFFICERS AND DIRECTORS WERE TERMINATED. CONTROL OVER ASSETS AND MANAGEMENT DUTIES CUTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES WERE DELEGAED TO LYNN E. FELDMAN, ESQ., WHO WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE AS OF OCTOBER 7, 2024. SEE ATTACHED PETITION. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION ADOPTED A RESOLUTION ON SEPTEMBER 18, 2024 TO FILE FOR CHAPTER 7 BANKRUPTCY. ON OCTOBER 7, 2024, THE ORGANIZATION CEASED OPERATIONS AND FILED FOR CHAPTER 7 BANKRUPTCY WITH THE UNITED STATES BANKRUPTCY COURT IN THE EASTERN DISTRICT OF PENNSYLVANIA. SEE ATTACHED PETITION. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION FILED FOR CHAPTER 7 BANKRUPTCY ON OCTOER 7, 2024 AND LYNN E. FELDMAN, ESQ. WAS APPOINTED CHAPTER 7 BANKRUPTCY TRUSTEE. AS A RESULT, ALL GOVERNANCE DECISIONS ARE RESERVED FOR THE TRUSTEE ALONG WITH CUSTODY OF THE ORGANIZATION'S ASSETS. FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW THE FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT AND REVIEWED BY THE CHAPTER 7 BANKRPUTCY TRUSTEE. FORM 990, PART VI, SECTION B, LINE 12C NEW EMPLOYEES ARE REQUIRED TO REVIEW BDT'S CONFLICT OF INTEREST POLICY AND EXECUTE A CONFLICT OF INTEREST FORM DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. ANY FUTURE CONFLICTS OF INTEREST ARE TO BE DISCLOSED, AND DISCUSSED WITH THEIR SUPERVISOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, IT WOULD BE ASSESSED INITALLY BY BDT'S ASSOCIATE DIRECTOR OF QUALITY COMPLIANCE, AND ALSO BY BDT'S DIRECTOR OF HUMAN RESOURCES, CFO, AND CEO AS NEEDED AND APPROPRIATE ACTIONS WOULD BE TAKEN TO ENSURE THAT THE CONFLICTS WERE RESOLVED. AS OF JULY 1, 2018, EMPLOYEES SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. BDT BOARD MEMBERS ALSO SIGN A CONFLICT OF INTEREST FORM UPON APPOINTMENT TO THE BOARD AND ANNUALLY. IF ANY CONFLICTS OF INTEREST ARE IDENTIFIED, THAT BOARD MEMBER REFRAINS FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS AS IT PERTAINS TO ANY AFFECTED TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 WHEN SETTING THE COMPENSATION FOR THE CEO, THE BOARD USED THE 990S OF OTHER ORGANIZATIONS ALONG WITH AVAILABLE MARKET DATA (E.G. PAYSCALE), AND THE FULL BOARD VOTED ON THE WRITTEN CONTRACT. THE OUTSIDE FIRM THAT RAN THE SEARCH ALSO PROVIDED VALUABLE COMPETITIVE INPUT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15B: FOR TOP MANAGEMENT, THE 990S OF OTHER ORGANIZATIONS AND AVAILABLE MARKET DATA ARE ALSO DISCUSSED AND THE DECISIONS ARE MADE BY THE CEO WITH FULL CONSULTATION FROM THE CFO AND DIRECTOR OF HUMAN RESOURCES. THE OUTSIDE FIRMS THAT HAVE CONDUCTED THE SEARCHES ALSO PROVIDE VALUABLE COMPETITIVE INPUT. FORM 990, PART VII THE ORGANIZATION CEASED OPERATOINS AS OF OCTOBER 7, 2024 AND FILED FOR CHAPTER 7 BANKRUPTCY. ALL OFFICERS, DIRECTORS AND EMPLOYEES WERE TERMINATED ON OR BEFORE THIS DATE.