GEORGIA GUARD INSURANCE TRUST (EIN 586276195) - 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

1984

Legal Domicile

Principal Officer

MARSHALL KENNEMER

Phone

7707399651

Tax Period

2023-01-01 to 2023-12-31

GEORGIA GUARD INSURANCE TRUST, founded in 1984, is a small nonprofit that reported $619K in total revenue in fiscal year 2023.

Mission

THE GEORGIA GUARD INSURANCE TRUST WAS FORMED TO PROVIDE GROUP LIFE INSURANCE COVERAGE FOR MEMBERS AND FORMER MEMBERS OF THE GEORGIA NATIONAL GUARD.

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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 $600,783

Investment Income $17,881

Other Revenue $0

TOTAL REVENUE $618,664

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $232,521

Fundraising Expenses $0

Program Expenses $526,914

Other Expenses $364,201

TOTAL EXPENSES $626,722

Year-over-Year Comparison

	2023	2022	Change
Revenue	$618,664	$623,823	0.0%
Expenses	$626,722	$753,904	-0.2%
Net Income	$-8,058	$-130,081	-0.9%

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

$90,322

Total Directors

$97,522

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN PAUL LAURENCEAU	PRESIDENT ELECT NGAGA	5.00	Officer Director	$0	$0	$0
MARSHALL KENNEMER	ADMINISTRATOR	40.00	Officer Director	$90,322	$0	$90,322
PATRICK WATSON	PRESIDENT NGAGA	5.00	Director	$0	$0	$0
DAVID MORRIS	PRESIDENT ELECT EANGGA	5.00	Director	$0	$0	$0
JAMES DENNIS	TRUSTEE	5.00	Director	$800	$0	$800
DAVID HARPER	EXECUTIVE DIRECTOR OF EANG	5.00	Director	$6,400	$0	$6,400
JACKIE MCKENNIE	TRUSTEE	5.00	Director	$0	$0	$0
MEARA BROWN	PRESIDENT EANGGA	5.00	Director	$0	$0	$0
HAROLD CARLISLE	EMERITUS	0.00	Director	$0	$0	$0
WALTER CORISH JR	EMERITUS	0.00	Director	$0	$0	$0
CHARLIE NEELY	EMERITUS	0.00	Director	$0	$0	$0
ALEX ROBINSON	TRUSTEE	5.00	Director	$0	$0	$0
JERMIAH LAXSON	TRUSTEE	5.00	Director	$0	$0	$0
KEVIN YOKLEY	TRUSTEE	5.00	Director	$0	$0	$0
KRIS MARSHALL	TRUSTEE	5.00	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	No data	No data	No data	No data
2023	$618,664	$626,722	$719,983	$-8,058
2022	$623,823	$753,904	$655,646	$-130,081
2021	$659,234	$714,829	$787,933	$-55,595
2020	$724,663	$674,435	$848,662	$50,228

GEORGIA GUARD INSURANCE TRUST