PENNSYLVANIA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION

EIN: 232135158

BALA CYNWYD, PA

Total Revenue
$250,648,552
Total Expenses
$55,966,303
Total Assets
$244,956,972
Net Assets
$244,956,972
🔒

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
1978
Legal Domicile
PA
Principal Officer
NANCY MARGOLIS
Phone
6109750572
Tax Period
2024-01-01 to 2024-12-31

PENNSYLVANIA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION, founded in 1978, is a major nonprofit that reported $250.6M in total revenue in fiscal year 2024. Revenue surged 974% from the prior year, signaling strong growth momentum. The organization ran a surplus of $194.7M, a strong 78% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROTECT POLICYHOLDERS, INSUREDS, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF THE INSURER ISSUING SUCH POLICIES.

🔒

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 $0
Program Service Revenue $247,982,860
Investment Income $2,665,692
Other Revenue $0
TOTAL REVENUE $250,648,552

Expense Breakdown

Grants Paid $0
Salaries & Benefits $467,135
Fundraising Expenses $0
Program Expenses $55,966,303
Other Expenses $832,703
TOTAL EXPENSES $55,966,303

Year-over-Year Comparison

2024 2023 Change
Revenue $250,648,552 $23,336,573 +9.7%
Expenses $55,966,303 $2,714,931 +19.6%
Net Income $194,682,249 $20,621,642 +8.4%
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
11
Independent Members
11
Employees
2
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
4
$306,631
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY MARGOLIS EXECUTIVE DI 40.00
Officer
$297,700 $8,931 $306,631
N/A DIRECTOR 1.00
Director
$0 $0 $0
N/A DIRECTOR 1.00
Director
$0 $0 $0
N/A DIRECTOR 1.00
Director
$0 $0 $0
N/A DIRECTOR 1.00
Director
$0 $0 $0
N/A DIRECTOR 1.00
Director
$0 $0 $0
N/A VICE CHAIR 1.00
Officer Director
$0 $0 $0
N/A DIRECTOR 1.00
Director
$0 $0 $0
N/A DIRECTOR 1.00
Director
$0 $0 $0
N/A CHAIR 1.00
Officer Director
$0 $0 $0
N/A SECRETARY/TR 1.00
Officer Director
$0 $0 $0
N/A DIRECTOR 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 $250,648,552 $55,966,303 $244,956,972 $194,682,249
2023 $23,336,573 $2,714,931 $50,274,723 $20,621,642
2022 $396,599 $1,941,833 $29,653,081 $-1,545,234
2021 $342,282 $8,734,202 $31,198,315 $-8,391,920
2020 $16,141,339 $15,752,375 $39,590,235 $388,964
2019 $10,557,712 $15,574,223 $39,201,271 $-5,016,511
2018 $745,672 $15,364,413 $44,217,782 $-14,618,741
Explore More Nonprofits
→Top 100 Nonprofits in Pennsylvania →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PENNSYLVANIA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION with other nonprofits in Pennsylvania and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.