ALLIANCE OF NONPROFITS FOR INSURANCE RISK RETENTION GROUP INC (EIN 061555320) - 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

Formation Year

1999

Legal Domicile

Principal Officer

PAMELA DAVIS

Phone

8314590980

Tax Period

2024-01-01 to 2024-12-31

ALLIANCE OF NONPROFITS FOR INSURANCE RISK RETENTION GROUP INC, founded in 1999, is a major nonprofit in the Mutual Benefit sector that reported $117.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

QUALIFIED CHARITABLE RISK POOL FOR NONPROFIT ORGANIZATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $110,765,690

Investment Income $6,933,536

Other Revenue $0

TOTAL REVENUE $117,699,226

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,878,626

Other Expenses $127,561,636

TOTAL EXPENSES $127,561,636

Year-over-Year Comparison

	2024	2023	Change
Revenue	$117,699,226	$101,585,397	+0.2%
Expenses	$127,561,636	$92,546,605	+0.4%
Net Income	$-9,862,410	$9,038,792	-2.1%

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

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

$1,034,966

Total Directors

$524,492

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAMELA DAVIS	PRESIDENT	17.00	Officer Director	$0	$25,928	$524,492
ANN MARIE GOTHARD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MICHAEL SHAVER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SHAUN POWERS	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFFREY KENNESON	ASSISTANT SECRETARY (TO APR '24)	1.00	Officer Director	$0	$0	$0
DAVE TATLOCK	ASSISTANT SECRETARY (FROM APR '24)	1.00	Officer Director	$0	$0	$0
AHNDREA BLUE	DIRECTOR (FROM FEB '24)	1.00	Director	$0	$0	$0
KRISTEN BRADBURY	DIRECTOR	1.00	Director	$0	$0	$0
NORRIS CLARK	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN DAY	DIRECTOR	1.00	Director	$0	$0	$0
S ORLENE GRANT	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD HAIK	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA MARCON	DIRECTOR	1.00	Director	$0	$0	$0
TRUDY SOUCOUP	DIRECTOR (FROM FEB '24)	1.00	Director	$0	$0	$0
STEPHEN SUMNER	DIRECTOR (TO FEB '24)	1.00	Director	$0	$0	$0
KIM ADAY	CFO & TREASURER (TO JUN '24)	17.00	Officer	$0	$29,535	$326,272
CARLOS BALLESTEROS	CFO & TREASURER (FROM JUN '24)	17.00	Officer	$0	$6,769	$184,202

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	$117,699,226	$127,561,636	$445,634,448	$-9,862,410
2023	$101,585,397	$92,546,605	$374,154,517	$9,038,792
2022	$86,466,315	$79,950,826	$304,018,973	$6,515,489
2021	$70,179,499	$62,162,569	$261,341,148	$8,016,930
2020	$54,541,093	$48,235,334	$220,310,661	$6,305,759
2019	$42,587,185	$38,449,890	$177,938,148	$4,137,295
2018	$36,609,731	$34,333,039	$155,041,179	$2,276,692

ALLIANCE OF NONPROFITS FOR INSURANCE RISK RETENTION GROUP INC