SC INSURANCE COMPANY C/O DOUGLAS WELDAY (EIN 273312053) - 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

2010

Legal Domicile

Principal Officer

DOUGLAS D WELDAY

Phone

7738788200

Tax Period

2019-10-01 to 2020-01-31

SC INSURANCE COMPANY C/O DOUGLAS WELDAY, founded in 2010, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2019. Revenue fell 56% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.3M, a strong 61% operating margin.

Mission

SUPPORTING ORGANIZATION OF SWEDISH COVENANT HEALTH (HOSPITAL).

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,600,440

Investment Income $2,126,288

Other Revenue $0

TOTAL REVENUE $3,726,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,339,440

Other Expenses $1,469,810

TOTAL EXPENSES $1,469,810

Year-over-Year Comparison

	2019	2018	Change
Revenue	$3,726,728	$8,407,032	-0.6%
Expenses	$1,469,810	$12,615,464	-0.9%
Net Income	$2,256,918	$-4,208,432	-1.5%

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

$3,352,864

Total Directors

$2,859,780

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK BERANEK	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PUTMAN	DIRECTOR	1.00	Director	$0	$0	$0
JANIS A RUEPING	ASSISTANT SECRETARY	1.00	Officer Director	$0	$47,160	$373,300
JONATHAN LIND	VP	1.00	Officer Director	$0	$55,048	$485,546
ANTHONY GUACCIO	PRESIDENT/CHAIR	1.00	Officer Director	$0	$85,403	$944,759
THOMAS GARVEY	VP/TREASURER	1.00	Officer Director	$0	$44,325	$811,074
JUDITH A BORENSTEIN	VP OPERATIONS/SECRETARY	1.00	Officer Director	$0	$17,724	$245,101
NICOLA BYRNE	ASSISTANT TREASURER	1.00	Officer	$0	$12,665	$296,598
SCOTT HANSON	ASSISTANT TREASURER	1.00	Officer	$0	$31,556	$196,486

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
2020	$3,726,728	$1,469,810	No data	$2,256,918

SC INSURANCE COMPANY C/O DOUGLAS WELDAY