CENTRAL FARMERS MUTUAL FIRE INSURANCE COMPANY (EIN 430601351) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1896

Legal Domicile

Principal Officer

LISA DAY

Phone

6362421896

Tax Period

2022-01-01 to 2022-12-31

CENTRAL FARMERS MUTUAL FIRE INSURANCE COMPANY, founded in 1896, is a small nonprofit that reported $522K in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $98K, a strong 19% operating margin.

Mission

MUTUALLY INSURE MEMBERS AGAINST THE PERILS OF FIRE, LIABILITY AND EXTENDED COVERAGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $477,112

Investment Income $45,057

Other Revenue $0

TOTAL REVENUE $522,169

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,389

Fundraising Expenses $0

Other Expenses $358,797

TOTAL EXPENSES $424,186

Year-over-Year Comparison

	2022	2021	Change
Revenue	$522,169	$442,666	+0.2%
Expenses	$424,186	$387,406	+0.1%
Net Income	$97,983	$55,260	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$56,400

Total Directors

$2,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GINA NELSEN	SECRETARY/TR	40.00	Officer	$54,900	$0	$54,900
AARON DAY	DIRECTOR	2.00	Director	$800	$0	$800
LISA DAY	PRESIDENT	2.00	Officer	$800	$0	$800
THOMAS PARR	DIRECTOR	2.00	Director	$700	$0	$700
CLAUDE BOSCHERT	VICE PRESIDE	2.00	Officer	$700	$0	$700
LAWRENCE EHLMANN	DIRECTOR	2.00	Director	$600	$0	$600
GERARD ORF	DIRECTOR	2.00	Director	$600	$0	$600

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
2022	$522,169	$424,186	$1,530,719	$97,983
2021	$442,666	$387,406	$1,386,647	$55,260
2020	$356,824	$479,406	$1,292,571	$-122,582
2019	$353,005	$471,021	$1,376,931	$-118,016
2018	$347,247	$231,358	$1,474,057	$115,889

CENTRAL FARMERS MUTUAL FIRE INSURANCE COMPANY