GEORGIA SELF INSURERS GUARANTY TRUST FUND (EIN 581935540) - 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

1994

Legal Domicile

Principal Officer

MATT NINNINGA

Phone

4048726148

Tax Period

2023-01-01 to 2023-12-31

GEORGIA SELF INSURERS GUARANTY TRUST FUND, founded in 1994, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $682K, a strong 39% operating margin.

Mission

THE FUND ASSUMES THE WORKERS' COMPENSATION CLAIMS OF SELF-INSURED EMPLOYERS IF THEY BECOME INSOLVENT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,164,121

Investment Income $569,224

Other Revenue $0

TOTAL REVENUE $1,733,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,051,006

TOTAL EXPENSES $1,051,006

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,733,345	$1,486,137	+0.2%
Expenses	$1,051,006	$957,991	+0.1%
Net Income	$682,339	$528,146	+0.3%

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

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
SAM STOREY	CHAIRMAN	4.00	Director	$0	$0	$0
LYDIA MOORE	TRUSTEE	4.00	Director	$0	$0	$0
MARK H WHYTE	SECRETARY	4.00	Director	$0	$0	$0
SHELDON FRAM	TRUSTEE	4.00	Director	$0	$0	$0
MATT WARD	TRUSTEE	4.00	Director	$0	$0	$0
LIZ SMITH	TRUSTEE	4.00	Director	$0	$0	$0
BILL WHITMORE	TRUSTEE	4.00	Director	$0	$0	$0
MATT NINNINGA	ADMINISTATOR	20.00	Officer	$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	No data	No data	No data	No data
2023	$1,733,345	$1,051,006	$28,454,778	$682,339
2022	$1,486,137	$957,991	$26,442,628	$528,146
2021	$1,400,756	$858,265	$26,193,118	$542,491
2020	$1,410,715	$996,465	$25,615,796	$414,250
2019	$1,988,128	$1,163,914	$26,174,951	$824,214
2018	$1,645,348	$919,064	$28,510,065	$726,284

GEORGIA SELF INSURERS GUARANTY TRUST FUND