National Council of Insurance Legislators (EIN 237412297) - 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

1996

Legal Domicile

Principal Officer

Thomas B Considine

Phone

7322014133

Tax Period

2024-01-01 to 2024-12-31

National Council of Insurance Legislators, founded in 1996, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. The organization ran a surplus of $296K, a strong 16% operating margin.

Mission

Support and educate insurance legislators so they can better serve the public resulting in sound public policy.

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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 (2024)

Revenue Breakdown

Contributions & Grants $590,000

Program Service Revenue $1,190,463

Investment Income $34,985

Other Revenue $0

TOTAL REVENUE $1,815,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,131,962

Other Expenses $1,519,263

TOTAL EXPENSES $1,519,263

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,815,448	$1,852,702	0.0%
Expenses	$1,519,263	$1,416,918	+0.1%
Net Income	$296,185	$435,784	-0.3%

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
Tom Oliverson	President	1.00	Officer	$0	$0	$0
Pamela Hunter	Vice President	1.00	Officer	$0	$0	$0
Paul Utke	Treasurer	1.00	Officer	$0	$0	$0
Edmond Jordan	Secretary	1.00	Officer	$0	$0	$0
Deborah Ferguson	Immediate Past President	1.00	Officer	$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	$1,815,448	$1,519,263	$2,454,275	$296,185
2023	$1,852,702	$1,416,918	$2,066,669	$435,784
2022	$1,594,810	$1,294,489	$1,631,410	$300,321
2021	$1,529,737	$1,209,325	$1,340,390	$320,412
2020	$1,371,788	$1,020,451	$1,071,206	$351,337
2019	$1,129,009	$1,033,894	$679,383	$95,115
2018	$1,032,349	$918,147	$578,141	$114,202

National Council of Insurance Legislators