INFIRMARY HEALTH SYSTEM INC INSURANCE

EIN: 636117376 501(c)(3)

BIRMINGHAM, AL

Total Revenue
$63,523
Total Expenses
$2,034
Total Assets
$1,324,740
Net Assets
$1,324,740
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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
1981
Legal Domicile
AL
Phone
2058203141
Tax Period
2024-04-01 to 2025-03-31

INFIRMARY HEALTH SYSTEM INC INSURANCE, founded in 1981, is a micro nonprofit that reported $64K in total revenue in fiscal year 2024. The organization ran a surplus of $61K, a strong 97% operating margin.

Mission

TRUST OF INFIRMARY HEALTH SYSTEM, INC'S PURPOSE IS TO PROVIDE FUNDING FOR PROFESSIONAL AND COMPREHENSIVE GENERAL PATIENT LIABILITY CLAIMS

Program Service Accomplishments

Program 1

PAYING CLAIMS LOSSES AND LEGAL EXPENSE FOR CLAIMS DEFENSE AND SETTLEMENT

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $63,523
Other Revenue $0
TOTAL REVENUE $63,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,034
Fundraising Expenses $0
Other Expenses $1,000
TOTAL EXPENSES $2,034

Year-over-Year Comparison

2024 2023 Change
Revenue $63,523 $62,951 +0.0%
Expenses $2,034 $1,983 +0.0%
Net Income $61,489 $60,968 +0.0%
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

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Governance

Voting Members
1
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE N/A
$1,034 $0 $1,034
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 $63,523 $2,034 $1,324,740 $61,489
2024 $62,951 $1,983 $1,263,251 $60,968
2023 $30,002 $1,947 $1,202,283 $28,055
2022 $140 $1,943 $1,178,166 $-1,803
2021 $1,612 $1,945 $1,179,980 $-333
2020 $20,352 $1,937 $1,180,313 $18,415
2019 $24,284 $947,275 $1,161,431 $-922,991
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