TRI COUNTY MUTUAL TOWN INSURANCE CO (EIN 390663760) - 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

1909

Legal Domicile

Principal Officer

SCOTT OGREN

Phone

7153728577

Tax Period

2023-01-01 to 2023-12-31

TRI COUNTY MUTUAL TOWN INSURANCE CO, founded in 1909, is a small nonprofit that reported $339K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $556K exceeded revenue, resulting in a 64% operating deficit.

Mission

TOWN MUTUAL INSURANCE SALES

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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 $359,751

Investment Income $-20,966

Other Revenue $0

TOTAL REVENUE $338,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,609

Fundraising Expenses $0

Other Expenses $541,544

TOTAL EXPENSES $556,153

Year-over-Year Comparison

	2023	2022	Change
Revenue	$338,785	$384,550	-0.1%
Expenses	$556,153	$472,109	+0.2%
Net Income	$-217,368	$-87,559	+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

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

$12,225

Total Directors

$14,609

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBRA LARSON	PRESIDENT	N/A	Officer Director	$2,033	$0	$2,033
GARY PETERSON	VICE PRESIDE	N/A	Officer Director	$596	$0	$596
SCOTT OGREN	SECRETARY/TR	10.00	Officer Director	$9,596	$0	$9,596
JOHN ANTILLA	DIRECTOR	N/A	Director	$596	$0	$596
MARK PIHLE	DIRECTOR	N/A	Director	$596	$0	$596
WILLIAM PETERSON	DIRECTOR	N/A	Director	$596	$0	$596
JACQUELINE BAILEY	DIRECTOR	N/A	Director	$596	$0	$596

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
2023	$338,785	$556,153	$593,748	$-217,368
2022	$384,550	$472,109	$959,758	$-87,559
2021	$399,822	$387,490	$1,043,149	$12,332
2020	$476,531	$517,812	$1,089,665	$-41,281
2019	$399,374	$405,473	$1,108,474	$-6,099
2018	$393,914	$320,523	$1,120,855	$73,391

TRI COUNTY MUTUAL TOWN INSURANCE CO