NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS INC (EIN 363678111) - 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

1989

Legal Domicile

Principal Officer

ROGER H SCHMELZER

Phone

3174648199

Tax Period

2024-01-01 to 2024-12-31

NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS INC, founded in 1989, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $4.6M left a modest 10% surplus.

Mission

NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS (NCIGF) ASSISTS PROPERTY AND CASUALTY GUARANTY FUNDS

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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 $4,825,831

Investment Income $344,149

Other Revenue $0

TOTAL REVENUE $5,169,980

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,422,483

Fundraising Expenses $0

Other Expenses $2,215,195

TOTAL EXPENSES $4,637,678

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,169,980	$4,761,918	+0.1%
Expenses	$4,637,678	$4,473,521	+0.0%
Net Income	$532,302	$288,397	+0.8%

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

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

$1,075,514

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH TORTI	CHAIR	1.00	Officer Director	$0	$0	$0
BRADLEY A ROEBER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JENNY ANZALONE-ACKLEY	DIRECTOR-TERM ENDED 11/24	1.00	Director	$0	$0	$0
CHAD ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
D KEITH BELL	DIRECTOR	1.00	Director	$0	$0	$0
LAVAWN COLEMAN	DIRECTOR-TERM ENDED 2/24	1.00	Director	$0	$0	$0
KATIE EVANS	DIRECTOR	1.00	Director	$0	$0	$0
BONNY GORDON	DIRECTOR-TERM ENDED 8/24	1.00	Director	$0	$0	$0
J SMITH HARRISON	DIRECTOR	1.00	Director	$0	$0	$0
NEIL JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA KOPP	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA LAW	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM LYNCH	DIRECTOR-TERM ENDED 5/24	1.00	Director	$0	$0	$0
ANDREA LENTINE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER P ROE	DIRECTOR	1.00	Director	$0	$0	$0
ARTHUR M RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY M SCHOTKE	DIRECTOR	1.00	Director	$0	$0	$0
CHAD WILSON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT ZEMAN	DIRECTOR	1.00	Director	$0	$0	$0
KIM DECKER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK FOLTYN	DIRECTOR-TERM STARTED 2/24	1.00	Director	$0	$0	$0
SAMANTHA FREEDMAN	DIRECTOR-TERM STARTED 8/24	1.00	Director	$0	$0	$0
TRACI SMITH	DIRECTOR-TERM STARTED 11/24	1.00	Director	$0	$0	$0
ELISE SPRIGGS	DIRECTOR-TERM STARTED 5/24	1.00	Director	$0	$0	$0
ROGER H SCHMELZER	PRESIDENT, CEO	40.00	Officer	$563,135	$39,026	$602,161
ASHLEY ROSENBERGER	SR. LEGAL COUNSEL & CORP.S	40.00	Officer	$173,906	$24,202	$198,108
MIKE ULMER	V.P. TECHNOLOGY SERVICES A	40.00	Officer	$249,617	$25,628	$275,245
NATHANIEL JENNINGS	PROGRAM ANALYST	40.00	Highest	$109,528	$12,132	$121,660
RICHARD MINNIEAR	PROGRAM ANALYST	40.00	Highest	$135,182	$23,762	$158,944

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	$5,169,980	$4,637,678	$6,416,137	$532,302
2023	$4,761,918	$4,473,521	$5,780,441	$288,397
2022	$4,441,379	$4,306,667	$5,497,220	$134,712
2021	$4,069,292	$3,289,647	$4,600,811	$779,645
2020	$3,982,049	$3,350,140	$4,179,609	$631,909
2019	$4,123,492	$3,610,902	$3,668,587	$512,590
2018	$4,117,002	$3,741,943	$3,201,905	$375,059

NATIONAL CONFERENCE OF INSURANCE GUARANTY FUNDS INC