California Bankers Association Gro… - Form 990 Financial Data

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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

1950

Legal Domicile

Phone

9164384400

Tax Period

2024-01-01 to 2024-12-31

California Bankers Association Group Insurance Trust, founded in 1950, is a small nonprofit that reported $374K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $549K exceeded revenue, resulting in a 47% operating deficit.

Mission

CERTAIN EDUCATIONAL SCHOLARSHIPS and WELFARE BENEFITS TO EMPLOYEES OF MEMBER ORGANIZATIONS

Program Service Accomplishments

Program 1

INSURANCE TRUST PROVIDES VARIOUS EDUCATIONAL SCHOLARSHIPS AND WELFARE BENEFITS TO EMPLOYEES OF MEMBER ORGANIZATIONS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $354,562

Other Revenue $19,802

TOTAL REVENUE $374,364

Expense Breakdown

Grants Paid $369,282

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $163,631

TOTAL EXPENSES $549,388

Year-over-Year Comparison

	2024	2023	Change
Revenue	$374,364	$195,986	+0.9%
Expenses	$549,388	$514,294	+0.1%
Net Income	$-175,024	$-318,308	-0.5%

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	Role	Reportable Comp	Other Comp	Total
Robert Gotelli	Board Member	Director	$0	$0	$0
Deborah A Meekins	Board Member	Director	$0	$0	$0
Louise A Walker	Board Member	Director	$0	$0	$0
George L Cook	Chairman	Director	$0	$0	$0
Amy Wakayama	Board Member	Director	$0	$0	$0
David Malone	Board Member	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	$374,364	$549,388	$4,167,090	$-175,024
2023	$195,986	$514,294	$4,300,587	$-318,308
2022	$174,365	$456,173	$4,237,228	$-281,808
2021	$336,084	$475,583	$5,316,490	$-139,499
2020	$181,427	$437,558	$5,107,845	$-256,131
2019	$528,583	$629,636	$4,934,004	$-101,053
2018	$302,807	$488,580	$4,738,350	$-185,773

California Bankers Association Group Insurance Trust