COUNTY RISK SERVICES INC

EIN: 830814426 Human Services

MONTGOMERY, AL

Total Revenue
$6,724,048
Total Expenses
$6,613,461
Total Assets
$2,612,594
Net Assets
$891,811
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
AL
Principal Officer
ROBERT D BRASFIELD
Phone
3343943232
Tax Period
2024-01-01 to 2024-12-31

COUNTY RISK SERVICES INC, founded in 2018, is a community nonprofit in the Human Services sector that reported $5.0M in total revenue in fiscal year 2019. Expenses of $4.6M left a modest 8% surplus.

Mission

THE ORGANIZATION'S PURPOSE IS THE PROVISION OF ADMINISTRATIVE, CLAIMS AND RISK MANAGEMENT SERVICES ON BEHALF OF THE ASSOCIATION OF COUNTY COMMISSIONS OF ALABAMA SELF-INSURERS FUND AND THE ASSOCIATION OF COUNTY COMMISSIONS OF ALABAMA LIABILITY SELF-INSURANCE FUND, INC. IN MONTGOMERY, ALABAMA. THE AFOREMENTIONED FUNDS ARE NONPROFIT ORGANIZATIONS PROVIDING SELF-INSURED WORKERS COMPENSATION AND LIABILITY INSURANCE PROTECTION FOR THEIR MEMBERS. MEMBERS OF THE FUNDS ARE COMPOSED OF COUNTIES OF THE STATE OF ALABAMA THAT HAVE POOLED RESOURCES AND FUNDS TO PROVIDE THE INSURANCE CONVERAGE.

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Trantor Score

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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 $6,717,939
Investment Income $6,109
Other Revenue $0
TOTAL REVENUE $6,724,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,400,971
Fundraising Expenses $0
Program Expenses $6,051,906
Other Expenses $4,212,490
TOTAL EXPENSES $6,613,461

Year-over-Year Comparison

2024 2023 Change
Revenue $6,724,048 $5,651,069 +0.2%
Expenses $6,613,461 $5,560,542 +0.2%
Net Income $110,587 $90,527 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
32
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
3
$479,478
Total Directors
6
$339,605
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT D BRASFIELD PRESIDENT 1.00
Officer Director
$0 $0 $339,605
MARY KAY FRAZE VICE PRES 40.00
Officer
$139,873 $0 $139,873
RICKY HARCROW CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAN DAHLKE DIRECTOR 1.00
Director
$0 $0 $0
RICHIE BEYER DIRECTOR 1.00
Director
$0 $0 $0
TONY CHERRY DIRECTOR 1.00
Director
$0 $0 $0
ALLYSON CARTER SECRETARY 1.00
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 $6,724,048 $6,613,461 $2,612,594 $110,587
2023 $5,651,069 $5,560,542 $2,599,775 $90,527
2022 $5,325,520 $5,305,850 $2,585,043 $19,670
2021 $4,936,557 $4,924,906 $2,042,257 $11,651
2020 $5,563,762 $5,280,190 $1,533,322 $283,572
2019 $4,958,259 $4,582,455 $1,175,272 $375,804
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