NEBRASKA PROPERTY & LIABILITY INSURANCE GUARANTY ASSOCIATION (EIN 476106519) - 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

1971

Legal Domicile

Principal Officer

Chad Anderson

Phone

3037595066

Tax Period

2024-01-01 to 2024-12-31

NEBRASKA PROPERTY & LIABILITY INSURANCE GUARANTY ASSOCIATION, founded in 1971, is a community nonprofit in the Community Improvement sector that reported $2.9M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $2.5M left a modest 12% surplus.

Mission

To efficiently pay covered claims of policyholders and claimants of insolvent property and casualty insurers according to Nebraska's guaranty act in cooperation with regulators and receivers, while responsibly managing the funds of the association.

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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 $1,522,200

Investment Income $1,331,801

Other Revenue $0

TOTAL REVENUE $2,854,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,505,645

Other Expenses $2,505,645

TOTAL EXPENSES $2,505,645

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,854,001	$3,239,968	-0.1%
Expenses	$2,505,645	$3,246,017	-0.2%
Net Income	$348,356	$-6,049	-58.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Board Chair	1.0	Director	$0	$0	$0
N/A	Board Vice Chair	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	Board Member	1	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
2024	$2,854,001	$2,505,645	$36,441,622	$348,356
2023	$3,239,968	$3,246,017	$36,093,266	$-6,049
2022	$1,176,564	$1,317,709	$36,099,315	$-141,145
2021	$1,296,263	$2,176,679	$36,240,460	$-880,416
2020	$705,011	$1,531,649	$37,120,876	$-826,638
2019	$5,251,585	$3,893,689	$37,947,514	$1,357,896
2018	$2,045,522	$3,136,387	$36,589,618	$-1,090,865

NEBRASKA PROPERTY & LIABILITY INSURANCE GUARANTY ASSOCIATION