Lions Insurance Company (EIN 204372643) - 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

2005

Legal Domicile

Phone

3172212267

Tax Period

2023-01-01 to 2023-12-31

Lions Insurance Company, founded in 2005, is a community nonprofit in the Health Care sector that reported $8.7M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.8M, a strong 67% operating margin.

Mission

TO PROVIDE INSURANCE COVERING THE PROFESSIONAL AND GENERAL LIABILITY EXPOSURES OF THE NURSING HOMES OPERATED BY HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY(HHC)

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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 $6,785,681

Investment Income $1,877,008

Other Revenue $0

TOTAL REVENUE $8,662,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,456,691

Other Expenses $2,816,118

TOTAL EXPENSES $2,816,118

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,662,689	$7,201,564	+0.2%
Expenses	$2,816,118	$3,934,816	-0.3%
Net Income	$5,846,571	$3,266,748	+0.8%

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

$1,014,091

Total Directors

$1,014,091

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER (BEG 12/11/23)	1.0	Officer Director	$0	$66,777	$252,709
N/A	SECRETARY	5.0	Officer Director	$0	$58,662	$326,883
N/A	PRESIDENT	5.0	Officer Director	$0	$83,535	$434,499
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	TREASURER (END 12/11/23)	5.0		$0	$55,436	$265,460

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	$8,662,689	$2,816,118	$40,622,119	$5,846,571
2022	$7,201,564	$3,934,816	$36,383,716	$3,266,748
2021	$6,324,847	$6,640,720	$32,736,482	$-315,873
2020	$6,728,081	$7,161,491	$30,643,828	$-433,410
2019	$6,532,131	$5,735,184	$27,865,977	$796,947
2018	$5,607,530	$4,896,623	$25,186,769	$710,907

Lions Insurance Company