Catholic Life Insurance (EIN 740548665) - 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

1901

Legal Domicile

Phone

2108289921

Tax Period

2023-01-01 to 2023-12-31

Catholic Life Insurance, founded in 1901, is a major nonprofit that reported $152.8M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

CATHOLIC LIFE INSURANCE IS A FRATERNAL BENEFIT SOCIETY THAT OFFERS LIFE INSURANCE AND RETIREMENT PRODUCTS.

🔒

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 $99,339,200

Investment Income $53,717,765

Other Revenue $-277,719

TOTAL REVENUE $152,779,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,344,662

Fundraising Expenses $0

Program Expenses $0

Other Expenses $-3,195,273

TOTAL EXPENSES $148,546,277

Year-over-Year Comparison

	2023	2022	Change
Revenue	$152,779,246	$112,709,879	+0.4%
Expenses	$148,546,277	$108,335,852	+0.4%
Net Income	$4,232,969	$4,374,027	0.0%

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

378

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

$1,672,094

Total Directors

$1,569,793

Key Employees

$298,441

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	President/CEO - BEG 12/01/23	38.5	Officer Director	$319,522	$731	$320,253
N/A	President Emeritus - END 12/15/23	38.5	Officer Director	$1,012,292	$61,307	$1,073,599
N/A	Director	4.0	Director	$18,200	$0	$18,200
N/A	Director	4.0	Director	$21,500	$0	$21,500
N/A	Director	4.0	Director	$22,050	$0	$22,050
N/A	Director	4.0	Director	$25,274	$0	$25,274
N/A	Director	4.0	Director	$19,300	$0	$19,300
N/A	Director	4.0	Director	$27,442	$0	$27,442
N/A	Director	4.0	Director	$21,500	$0	$21,500
N/A	Director	4.0	Director	$20,675	$0	$20,675
N/A	SVP/CFO	38.5	Officer	$223,920	$54,322	$278,242
N/A	SVP/Director of Sales	38.5	Key Emp	$232,389	$66,052	$298,441
N/A	SVP/Marketing-Communications	38.5	Highest	$144,031	$34,779	$178,810
N/A	VP/Human Resources & Training	38.5	Highest	$128,886	$28,934	$157,820
N/A	SVP/Chief Underwriter	38.5	Highest	$181,743	$33,382	$215,125
N/A	VP/Director of Agencies	38.5	Highest	$101,093	$36,879	$137,972
N/A	SVP/Information Technologies	38.5	Highest	$172,273	$50,818	$223,091

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	$152,779,246	$148,546,277	$1,265,111,807	$4,232,969
2022	$112,709,879	$108,335,852	$1,276,938,142	$4,374,027
2021	$118,816,051	$113,840,701	$1,259,804,171	$4,975,350
2020	$115,301,097	$112,486,710	$1,234,007,036	$2,814,387
2019	$105,005,384	$99,119,840	$1,207,953,221	$5,885,544
2018	$105,345,882	$99,247,406	$1,191,991,110	$6,098,476

Catholic Life Insurance