BLUE MOUNTAIN INSURANCE PROFESSIONALS CORP (EIN 832887801) - 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

Legal Domicile

Principal Officer

TERRE RASMUSSEN

Phone

5413771973

Tax Period

2023-01-01 to 2023-12-31

BLUE MOUNTAIN INSURANCE PROFESSIONALS CORP is a micro nonprofit in the Community Improvement sector that reported $97K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

COLLECTION OF COMMISSIONS AND DUES TO PROVIDE FUNDING FOR CONFERENCE ATTENDANCE, PROVIDE COMMUNITY SCHOLARSHIPS AND FINANCIAL SUPPORT FOR COMMUNITY ACTIVITIES.

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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 $180

Program Service Revenue $96,486

Investment Income $176

Other Revenue $0

TOTAL REVENUE $96,842

Expense Breakdown

Grants Paid $55,700

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $40,064

TOTAL EXPENSES $95,764

Year-over-Year Comparison

	2023	2022	Change
Revenue	$96,842	$88,170	+0.1%
Expenses	$95,764	$104,350	-0.1%
Net Income	$1,078	$-16,180	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG BEAMER	BOARD MEMBER	2.00	Director	$0	$0	$0
TERRY BECKTOLD	BOARD MEMBER	2.00	Director	$0	$0	$0
RICHARD CASWELL	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN OTIS	VICE PRESIDE	4.00	Officer	$0	$0	$0
TERRE RASMUSSEN	SEC/TREAS	4.00	Officer	$0	$0	$0
SCOTT SAGER	PRESIDENT	5.00	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
2023	$96,842	$95,764	$17,440	$1,078
2022	$88,170	$104,350	$16,362	$-16,180
2021	$94,123	$95,466	$32,542	$-1,343

BLUE MOUNTAIN INSURANCE PROFESSIONALS CORP