OHIO AUTOMOBILE INSURANCE PLAN (EIN 316068787) - 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

1948

Legal Domicile

Principal Officer

DEAN A FADEL

Phone

6142212596

Tax Period

2023-01-01 to 2023-12-31

OHIO AUTOMOBILE INSURANCE PLAN, founded in 1948, is a small nonprofit that reported $200K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $186K left a modest 7% surplus.

Mission

THE PLAN'S PURPOSE IS TO PROVIDE AN ASSIGNED RISK FACILITY WHEREBY ANY INDIVIDUAL HOLDING A VALID DRIVER'S LICENSE CAN SECURE AUTOMOBILE INSURANCE WHEN UNABLE TO OBTAIN INSURANCE THROUGH THE VOLUNTARY MARKET.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $200,332

Investment Income $56

Other Revenue $0

TOTAL REVENUE $200,388

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $149,612

Other Expenses $185,983

TOTAL EXPENSES $185,983

Year-over-Year Comparison

	2023	2022	Change
Revenue	$200,388	$176,127	+0.1%
Expenses	$185,983	$196,579	-0.1%
Net Income	$14,405	$-20,452	-1.7%

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
DENISE ARBOGAST	GOVERNING BO	1.00	Director	$0	$0	$0
DUKE DAUGHERTY	GOVERNING BO	1.00	Director	$0	$0	$0
TOM FELTMAN	GOVERNING BO	1.00	Director	$0	$0	$0
PARTICK FOLTYN	GOVERNING BO	1.00	Director	$0	$0	$0
GLEN KARRENBAUER	GOVERNING BO	1.00	Director	$0	$0	$0
CAREN KERMAN	GOVERNING BO	1.00	Director	$0	$0	$0
CHRIS MIGLIOZZI	GOVERNING BO	1.00	Director	$0	$0	$0
DEAN A FADEL	MANAGER	10.00	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	No data	No data	No data	No data
2023	$200,388	$185,983	$199,126	$14,405
2022	$176,127	$196,579	$184,721	$-20,452
2021	$213,490	$223,049	$205,173	$-9,559

OHIO AUTOMOBILE INSURANCE PLAN