SOCIETY OF INSURANCE TRAINERS & ED… - Form 990 Financial Data

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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

1953

Legal Domicile

Principal Officer

CRAIG TAPPEL

Phone

9139099035

Tax Period

2025-01-01 to 2025-12-31

SOCIETY OF INSURANCE TRAINERS & EDUCATORS INC, founded in 1953, is a micro nonprofit that reported $27K in total revenue in fiscal year 2025. Revenue fell 31% from the prior year — a significant decline worth monitoring. Net assets of $146K represent 64 months of operating reserves.

Mission

THE SOCIETY OF INSURANCE TRAINERS AND EDUCATORS EXISTS TO PROVIDE PROFESSIONAL DEVELOPMENT TO SOCIETY MEMBERS THROUGH PROGRAMS, NETWORKING OPPORTUNITIES, AND SERVICES.

Program Service Accomplishments

Program 1

Expenses: $12,939 Revenue: $3,853

ANNUAL CONFERENCE.

Program 2

Expenses: $3,284 Revenue: $7,875

TRAIN THE TRAINER.

Program 3

Expenses: $3,439 Revenue: $328

OTHER.

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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 (2025)

Revenue Breakdown

Contributions & Grants $15,121

Program Service Revenue $12,056

Investment Income $0

Other Revenue $0

TOTAL REVENUE $27,177

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,662

Other Expenses $27,531

TOTAL EXPENSES $27,531

Year-over-Year Comparison

	2025	2024	Change
Revenue	$27,177	$39,531	-0.3%
Expenses	$27,531	$27,600	0.0%
Net Income	$-354	$11,931	-1.0%

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
PATRICK WRAIGHT	PAST PRESIDENT	1.00	Director	$0	$0	$0
MIKE KOSCIELNY	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE CLINE CPCU CIC ITP	MEMBER AT LARGE	1.00	Officer Director	$0	$0	$0
ARTHUR CARVAJAL ESQ	MEMBER-AT-LARGE	1.00	Officer Director	$0	$0	$0
HEATHER BLEVINS CPCUAICAINSAISSC	VP MARKETING	1.00	Officer Director	$0	$0	$0
CRAIG TAPPEL	SECRETARY TREASURER	1.00	Officer Director	$0	$0	$0
GREG GOLSON	DIRECTOR OF CONFERENCE	1.00	Director	$0	$0	$0
ERIC CZERWIN	DIRECTOR OF MEMBER BENEFITS	1.00	Director	$0	$0	$0
DIANE HANLON	VICE PRSEIDENT MEMBERSHIP	1.00	Officer Director	$0	$0	$0
RUTH PHILLIPS	VP OF PROGRAMS	1.00	Officer Director	$0	$0	$0
EMILY DONNELLY	DIRECTOR OF COMMUNICATIONS	1.00	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
2025	$27,177	$27,531	$145,506	$-354
2024	$39,531	$27,600	$145,064	$11,931
2023	$50,993	$24,620	$133,133	$26,373
2022	$56,713	$18,937	$106,760	$37,776
2021	$45,830	$17,958	$68,984	$27,872
2020	$43,108	$80,301	$41,112	$-37,193
2019	$189,344	$262,698	$138,032	$-73,354
2018	$152,010	$231,851	$175,156	$-79,841

SOCIETY OF INSURANCE TRAINERS & EDUCATORS INC