AWANE INSURANCE TRUST (EIN 026108886) - 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

Principal Officer

ROBERT YORK

Phone

6039244491

Tax Period

2023-01-01 to 2023-12-31

AWANE INSURANCE TRUST is a mid-sized nonprofit in the Mutual Benefit sector that reported $23.5M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THROUGH MEMBERSHIP, AWANE OFFERS VARIOUS EMPLOYEE BENEFIT PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $23,278,918

Investment Income $237,445

Other Revenue $0

TOTAL REVENUE $23,516,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,921,307

Other Expenses $11,930,674

TOTAL EXPENSES $23,124,787

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,516,363	$19,413,328	+0.2%
Expenses	$23,124,787	$20,905,834	+0.1%
Net Income	$391,576	$-1,492,506	-1.3%

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
JESSE KAPLAN	BOARD MEMBER	0.50	Director	$0	$0	$0
KEN PLANTE	BOARD MEMBER	0.50	Director	$0	$0	$0
BENJAMIN LOIZIDES	BOARD MEMBER	0.50	Director	$0	$0	$0
LEONARD HEBERT	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN AMBLER	BOARD MEMBER	0.50	Director	$0	$0	$0
CHARLES SLOTNICK	BOARD MEMBER	0.50	Director	$0	$0	$0
ROBERT KELLEY	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVID SEGAL	BOARD MEMBER	0.50	Director	$0	$0	$0
PETER IGNATOVICH	BOARD MEMBER	0.50	Director	$0	$0	$0
WILLIAM C O'NEILL	BOARD MEMBER	0.50	Director	$0	$0	$0
RICHARD DELANEY	BOARD MEMBER	0.50	Director	$0	$0	$0
JOSEPH WALIER	BOARD MEMBER	0.50	Director	$0	$0	$0
CHAD WALIER	BOARD MEMBER	0.50	Director	$0	$0	$0
ANDREW PELKEY	BOARD MEMBER	0.50	Director	$0	$0	$0
JORDAN BLANCHE	BOARD MEMBER	0.50	Director	$0	$0	$0
ROBERT YORK	CHAIRMAN	2.00	Director	$0	$0	$0
PHILIP HEALY	EXECUTIVE DI	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	No data	No data	No data	No data
2023	$23,516,363	$23,124,787	$15,575,874	$391,576
2022	$19,413,328	$20,905,834	$14,110,509	$-1,492,506
2021	$19,422,061	$21,188,855	$16,348,379	$-1,766,794
2020	$18,793,054	$19,910,877	$17,851,753	$-1,117,823
2019	$17,382,469	$16,013,735	$19,206,798	$1,368,734
2018	$19,093,353	$17,330,953	$16,895,172	$1,762,400

AWANE INSURANCE TRUST