INSURANCE INDUSTRY CHARITABLE FOUNDATION (EIN 201240972) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

ANNA PANOIAN

Phone

4242531107

Tax Period

2023-01-01 to 2023-12-31

INSURANCE INDUSTRY CHARITABLE FOUNDATION, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.4M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE INSURANCE INDUSTRY CHARITABLE FOUNDATION SEEKS TO HELP COMMUNITIES AND ENRICH LIVES BY COMBING THE COLLECTIVE STRENGTHS OF THE INDUSTRY TO PROVIDE GRANTS, VOLUNTEER SERVICE, AND LEADERSHIP.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,370,766

Program Service Revenue $0

Investment Income $54,675

Other Revenue $0

TOTAL REVENUE $6,425,441

Expense Breakdown

Grants Paid $3,198,961

Salaries & Benefits $2,498,710

Fundraising Expenses $364,733

Program Expenses $5,685,777

Other Expenses $817,046

TOTAL EXPENSES $6,514,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,425,441	$5,861,644	+0.1%
Expenses	$6,514,717	$5,853,144	+0.1%
Net Income	$-89,276	$8,500	-11.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$465,000

Total Directors

Key Employees

$645,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE ALBERTS	BOARD MEMBER	0.00	Director	$0	$0	$0
BRUCE BASSO	BOARD MEMBER	0.00	Director	$0	$0	$0
BARBARA BUFKIN	BOARD MEMBER	0.00	Director	$0	$0	$0
LISA BUTERA	BOARD MEMBER	0.00	Director	$0	$0	$0
JOE CONNELLY	BOARD MEMBER	0.00	Director	$0	$0	$0
KEN CRERAR	BOARD MEMBER	0.00	Director	$0	$0	$0
JOHN GAMBALE	BOARD MEMBER	0.00	Director	$0	$0	$0
ROD HUGHES	BOARD MEMBER	0.00	Director	$0	$0	$0
JODIE KAUFMAN	BOARD MEMBER	0.00	Director	$0	$0	$0
SEAN KEVELIGHAN	BOARD MEMBER	0.00	Director	$0	$0	$0
MATTHEW KIRK	BOARD MEMBER	0.00	Director	$0	$0	$0
JEFF KROEGER	BOARD MEMBER	0.00	Director	$0	$0	$0
DAWN MILLER	BOARD MEMBER	0.00	Director	$0	$0	$0
MARC ORLOFF	BOARD MEMBER	0.00	Director	$0	$0	$0
BRUCE SASSI	BOARD MEMBER	0.00	Director	$0	$0	$0
RANDY TERMEER	BOARD MEMBER	0.00	Director	$0	$0	$0
PETER J TUCKER	BOARD MEMBER	0.00	Director	$0	$0	$0
JOHN VASTURIA	BOARD MEMBER	0.00	Director	$0	$0	$0
PAUL WHEATON	BOARD MEMBER	0.00	Director	$0	$0	$0
JAMES WOODS	BOARD MEMBER	0.00	Director	$0	$0	$0
SOPHIA YEN	BOARD MEMBER	0.00	Director	$0	$0	$0
HANK WATKINS	BOARD MEMBER	0.00	Director	$0	$0	$0
NANCY THOMAS	BOARD MEMBER	0.00	Director	$0	$0	$0
GARRETT KOEHN	BOARD MEMBER	0.00	Director	$0	$0	$0
WILLIAM ROSS	CEO	40.00	Officer	$465,000	$0	$465,000
ELIZABETH MYATT	EXECUTIVE DIRECTOR	40.00	Key Emp	$290,000	$0	$290,000
ALISA BREESE	VP COMMUNICATIONS	40.00	Key Emp	$175,000	$0	$175,000
ANNA PANOIAN	CHIEF FINANCIAL OFFICER	40.00	Key Emp	$180,000	$0	$180,000
SARAH CONWAY	EXECUTIVE DIRECTOR	40.00	Highest	$170,000	$0	$170,000
KELLY HARTWEG	EXECUTIVE DIRECTOR	40.00	Highest	$153,000	$0	$153,000
MELISSA DUNCAN	EXECUTIVE DIRECTOR	40.00	Highest	$175,000	$0	$175,000

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	$6,425,441	$6,514,717	$4,317,236	$-89,276
2022	$5,861,644	$5,853,144	$4,224,831	$8,500
2021	$6,044,634	$5,483,262	$4,450,782	$561,372
2020	$5,545,552	$5,171,291	$3,981,158	$374,261
2019	$4,505,385	$4,864,588	$3,134,412	$-359,203
2018	$5,324,190	$4,663,799	$3,598,944	$660,391

INSURANCE INDUSTRY CHARITABLE FOUNDATION