IBA GROUP INSURANCE TRUST (EIN 356259970) - 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

1957

Legal Domicile

Principal Officer

ROBERT BLUME

Phone

8005586206

Tax Period

2024-05-01 to 2025-04-30

IBA GROUP INSURANCE TRUST, founded in 1957, is a mid-sized nonprofit that reported $49.3M in total revenue in fiscal year 2024.

Mission

TO PROVIDE LIFE, ACCIDENT, AND SICKNESS BENEFITS TO ELIGIBLE PARTICIPANTS.

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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 $0

Program Service Revenue $48,658,408

Investment Income $612,207

Other Revenue $2,061

TOTAL REVENUE $49,272,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $9,646,758

TOTAL EXPENSES $49,113,465

Year-over-Year Comparison

	2024	2023	Change
Revenue	$49,272,676	$46,663,533	+0.1%
Expenses	$49,113,465	$46,384,081	+0.1%
Net Income	$159,211	$279,452	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID FINDLAY	TRUSTEE	0.50	Director	$0	$0	$0
AMBER VAN TIL	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
ROBERT BLUME	PRESIDENT	0.50	Officer Director	$0	$0	$0
SHANE PILARSKI	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
LISA ARNOLD	TRUSTEE	0.50	Director	$0	$0	$0
MATT HOWREY	TRUSTEE	0.50	Director	$0	$0	$0
MIKE ZAHN	TRUSTEE	0.50	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
2025	$49,272,676	$49,113,465	$11,548,317	$159,211
2024	$46,663,533	$46,384,081	$11,223,597	$279,452
2023	$39,579,655	$43,816,515	$10,896,110	$-4,236,860
2022	$34,528,734	$34,477,581	$11,391,886	$51,153
2021	$34,074,096	$33,738,644	$12,832,891	$335,452
2020	$51,794,546	$51,382,117	$11,890,495	$412,429
2019	$52,553,243	$51,240,641	$12,275,247	$1,312,602
2018	$46,858,289	$45,939,500	$10,420,099	$918,789

IBA GROUP INSURANCE TRUST