Kenosha County Mutual Insurance Company (EIN 391083287) - 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

1905

Legal Domicile

Principal Officer

Janet Elfering

Phone

2628572876

Tax Period

2023-01-01 to 2023-12-31

Kenosha County Mutual Insurance Company, founded in 1905, is a micro nonprofit that reported $99K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $530K exceeded revenue, resulting in a 438% operating deficit.

Mission

Provide property casualty insurance to member policyholders

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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 $375,695

Investment Income $-277,401

Other Revenue $255

TOTAL REVENUE $98,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,764

Fundraising Expenses $0

Other Expenses $396,674

TOTAL EXPENSES $530,438

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,549	$429,073	-0.8%
Expenses	$530,438	$476,408	+0.1%
Net Income	$-431,889	$-47,335	+8.1%

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

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

$118,221

Total Directors

$127,571

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Janet Elfering	Secretary	040.00	Officer Director	$29,217	$56,541	$85,758
Myron Daniels	President	001.00	Officer Director	$14,863	$0	$14,863
Dennis Sheen	Treasurer	001.00	Officer Director	$14,850	$0	$14,850
Daniel Weidman	Vice President	005.00	Officer Director	$2,750	$0	$2,750
Fred Kevek	Director	001.00	Director	$2,025	$0	$2,025
Hector Velasquez	Director	001.00	Director	$2,000	$0	$2,000
Patrick Willkomm	Director	001.00	Director	$2,000	$0	$2,000
Jake DeBell	Director	001.00	Director	$1,750	$0	$1,750
Chris Lecker	Director	001.00	Director	$1,575	$0	$1,575

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	$98,549	$530,438	No data	$-431,889
2022	$429,073	$476,408	$5,122,728	$-47,335
2021	$441,198	$449,968	$5,576,772	$-8,770
2020	$465,162	$381,146	$5,448,435	$84,016

Kenosha County Mutual Insurance Company