GRIFFITH INSURANCE EDUCATION FOUNDATION

EIN: 316052801 501(c)(3) Community Improvement

MALVERN, PA

Total Revenue
N/A
Total Expenses
$619,975
Total Assets
N/A
Net Assets
$-1,733,499
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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
1947
Legal Domicile
OH
Principal Officer
PETER L MILLER
Phone
6106442100
Tax Period
2023-01-01 to 2023-12-31

Mission

GRIFFITH INSURANCE EDUCATION FOUNDATION PROMOTES THE STUDY AND TEACHING OF RISK MANAGEMENT AND ALL LINES OF INSURANCE THROUGH EDUCATIONAL PROGRAMS TARGETING STUDENTS AND PUBLIC POLICYMAKERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $619,975
Other Expenses $619,975
TOTAL EXPENSES $619,975

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $2,570 -1.0%
Expenses $619,975 $427,789 +0.4%
Net Income N/A $-425,219 N/A
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
10

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
$3,997,700
Total Directors
3
$3,997,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER L MILLER President & CEO 2.0
Officer Director
$0 $220,597 $2,437,369
KATHERINE HOROWITZ SECRETARY 2.0
Officer Director
$0 $62,870 $993,683
JEFFREY A SCHEIDT TREASURER 2.0
Officer Director
$0 $68,887 $566,648
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 No data $619,975 No data No data
2022 $2,570 $427,789 $388 $-425,219
2021 $4,602 $334,800 $958,976 $-330,198
2020 $114,870 $3,907,182 $954,393 $-3,792,312
2019 $3,361,306 $1,058,519 $3,877,075 $2,302,787
2018 $216,872 $1,046,415 $3,126,793 $-829,543
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