NATIONAL GUARD ASSOCIATION OF TENN… - Form 990 Financial Data

🔒

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

1924

Legal Domicile

Principal Officer

COL RET BYRON DEEL

Phone

6158339100

Tax Period

2024-07-01 to 2025-06-30

NATIONAL GUARD ASSOCIATION OF TENNESSEE GROUP INSURANCE TRUST, founded in 1924, is a small nonprofit that reported $845K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $283K, a strong 33% operating margin.

Mission

THE NATIONAL GUARD ASSOCIATION OF TENNESSEE GROUP INSURANCE TRUST ("TRUST")IS A NON-PROFIT ORGANIZATION WHICH IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(19). THE PRIMARY PURPOSE OF THE TRUST IS TO OBTAIN LIFE INSURANCE FOR THE MEMBERS.

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDES A PERMANENT ARRANGEMENT FOR THE ADMINISTRATION OF THE GROUP INSURANCE PROGRAM OF THE NATIONAL GUARD ASSOCIATION OF TENNESSEE FOR THE BENEFIT OF IT'S MEMBERS.

Program 2

THE ORGANIZATION PAYS INSURANCE PREMIUMS ON BEHALF OF MEMBERS WHO HAVE RETIRED FROM THE TENNESSEE NATIONAL GUARD AND WHO MEET CERTAIN CRITERIA SET FORTH BY THE TRUST.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $25,000

Program Service Revenue $498,172

Investment Income $274,438

Other Revenue $47,812

TOTAL REVENUE $845,422

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $286,918

Fundraising Expenses $0

Other Expenses $235,394

TOTAL EXPENSES $562,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$845,422	$707,202	+0.2%
Expenses	$562,312	$594,347	-0.1%
Net Income	$283,110	$112,855	+1.5%

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

$93,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COL RET BYRON DEEL	EXECUTIVE DI	24.00	Officer	$37,280	$0	$93,200
COL RET TREY BRANNOM	TRUSTEE	N/A	Director	$0	$0	$0
SMSGT CHRISTIE BROWN	VICE-CHAIR	N/A	Officer Director	$0	$0	$0
COL RET BARRY BUNTIN	TRUSTEE	N/A	Director	$0	$0	$0
COL TONY GLANDORF	TRUSTEE	N/A	Director	$0	$0	$0
LTC JAMES HALTOM	CHAIR	N/A	Officer Director	$0	$0	$0
COL RET TIM LEDMAN	TRUSTEE	N/A	Director	$0	$0	$0
LTC RET AUSTIN MAXWELL	SECRETARY	N/A	Officer Director	$0	$0	$0
COL TUCKER ROJAS	TRUSTEE	N/A	Director	$0	$0	$0
CSM RET HANK WHITE	TRUSTEE	N/A	Director	$0	$0	$0
LTC MEREDITH RICHARDSON	PRESIDENT	N/A	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
2025	$845,422	$562,312	$5,659,429	$283,110
2024	$707,202	$594,347	$5,162,052	$112,855
2023	$529,055	$490,175	$4,828,898	$38,880
2022	$489,339	$506,739	$4,537,363	$-17,400
2021	$475,189	$481,795	$5,433,092	$-6,606
2020	$520,664	$472,595	$4,764,252	$48,069
2019	$666,398	$455,867	$4,642,233	$210,531
2018	$431,854	$542,568	$4,336,082	$-110,714

NATIONAL GUARD ASSOCIATION OF TENNESSEE GROUP INSURANCE TRUST