INDIANA SCHOOLS EDUCATIONAL SERVICE CTR RISK MANAGEMENT PROGRAM SELFINSURANCE TR

EIN: 207096433

INDIANAPOLIS, IN

Total Revenue
$192,208
Total Expenses
$342,842
Total Assets
$943,070
Net Assets
$526,616
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
IN
Phone
8007237475
Tax Period
2024-01-01 to 2024-12-31

INDIANA SCHOOLS EDUCATIONAL SERVICE CTR RISK MANAGEMENT PROGRAM SELFINSURANCE TR, founded in 2006, is a small nonprofit that reported $192K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $343K exceeded revenue, resulting in a 78% operating deficit.

Mission

TO PROVIDE MEMBER SCHOOLS SELF-INSURED LIABILITY EXPOSURE AT A LOWER COST THAN IS POSSIBLE WITH TRADITIONAL POLICIES OF INSURANCE THROUGH A SELF-INSURANCE PROGRAM.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $192,208
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $192,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $342,423
Other Expenses $342,842
TOTAL EXPENSES $342,842

Year-over-Year Comparison

2024 2023 Change
Revenue $192,208 $462,088 -0.6%
Expenses $342,842 $334,366 +0.0%
Net Income $-150,634 $127,722 -2.2%
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

Sign In

Governance

Voting Members
15
Independent Members
15
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
0
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE SCHIMPF Trustee 1.00
Director
$0 $0 $0
DR ANDREW MELIN President 1.00
Director
$0 $0 $0
DR NICOLE ALLEE Trustee 1.00
Director
$0 $0 $0
SERENA FRANCIS Trustee 1.00
Director
$0 $0 $0
MARY ANN BAINES Trustee 1.00
Director
$0 $0 $0
JEFFREY BATES Trustee 1.00
Director
$0 $0 $0
BRENT MINTON Vice President 1.00
Director
$0 $0 $0
BOB GLOVER Trustee 1.00
Director
$0 $0 $0
DR WILLIAM LONG Trustee 1.00
Director
$0 $0 $0
TODD PRITCHETT Trustee 1.00
Director
$0 $0 $0
DR TIM GARLAND Trustee 1.00
Director
$0 $0 $0
JANE ROGERS Trustee 1.00
Director
$0 $0 $0
TINA JOBE-GROSS Trustee 1.00
Director
$0 $0 $0
ZACH DENNIS Trustee 1.00
Director
$0 $0 $0
DAVE DRIGGS Trustee 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
2024 $192,208 $342,842 $943,070 $-150,634
2023 $462,088 $334,366 $1,277,658 $127,722
2022 $285,645 $1,041,410 $1,080,835 $-755,765
2021 $909,712 $768,773 $1,780,354 $140,939
2020 $679,003 $269,544 $1,619,525 $409,459
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INDIANA SCHOOLS EDUCATIONAL SERVICE CTR RISK MANAGEMENT PROGRAM SELFINSURANCE TR with other nonprofits in Indiana and across the country.