ROCKBRIDGE MUTUAL FIRE INSURANCE COMPANY (EIN 540361880) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1900

Legal Domicile

Principal Officer

C MICHAEL SANDRIDGE

Phone

5404634223

Tax Period

2023-01-01 to 2023-12-31

ROCKBRIDGE MUTUAL FIRE INSURANCE COMPANY, founded in 1900, is a small nonprofit that reported $337K in total revenue in fiscal year 2018. Revenue surged 47% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE FIRE INSURANCE COVERAGE ON MEMBER HOUSES

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $193,152

Investment Income $8,620

Other Revenue $58

TOTAL REVENUE $201,830

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,588

Fundraising Expenses $0

Program Expenses $136,622

Other Expenses $135,317

TOTAL EXPENSES $190,905

Year-over-Year Comparison

	2023	2022	Change
Revenue	$201,830	$198,096	+0.0%
Expenses	$190,905	$198,767	0.0%
Net Income	$10,925	$-671	-17.3%

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

$43,522

Total Directors

$51,259

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
C MICHAEL SANDRIDGE	PRESIDENT	5.00	Officer Director	$4,058	$0	$4,058
AMBER JOHNSTON	SECRETARY/TR	40.00	Officer Director	$37,468	$0	$37,468
SEAN DUNCAN	DIRECTOR	5.00	Officer Director	$1,996	$0	$1,996
CHRISTOPHER A FUNKHOUSER	DIRECTOR	5.00	Director	$2,728	$0	$2,728
REBECCA L FLINT	DIRECTOR	5.00	Director	$2,512	$0	$2,512
JUSTIN L THOMPSON	DIRECTOR	5.00	Director	$2,497	$0	$2,497

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	No data	No data	No data	No data
2023	$201,830	$190,905	$550,252	$10,925
2022	$198,096	$198,767	$540,876	$-671
2021	$289,182	$207,427	$541,422	$81,755
2020	$237,092	$234,669	$463,535	$2,423
2019	$282,236	$275,391	$461,307	$6,845
2018	$336,917	$347,533	$454,095	$-10,616

ROCKBRIDGE MUTUAL FIRE INSURANCE COMPANY