ZUnclassifiedEIN: 030210827

Granite Group Insurance Trust

Barre, Vermont

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.07×
Peer Median5.86×
💰
$16.0M
Total Revenue
📊
$16.4M
Total Expenses
🏦
$1.1M
Net Assets
📋
$14K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.4%
Year-over-year change (2022 → 2023)
Net Margin
-2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.07
Net assets divided by total expenses
Liabilities-to-Assets
1.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$15,954,86611%$16,386,35115%$1,119,17924%
2022$14,319,09928%$14,265,40223%$1,468,9057%
2021$11,150,65820%$11,630,18631%$1,580,23825%
2020$9,330,2794%$8,876,8465%$2,112,29132%
2019$8,952,6052%$9,356,8641%$1,596,16019%
2018$8,736,05332%$9,441,27860%$1,969,53326%
2017$6,598,8562%$5,886,7071%$2,676,79137%
2016$6,469,8194%$5,946,86213%$1,960,78236%
2015$6,191,6383%$6,854,25220%$1,437,51044%
2014$6,383,6262%$5,698,22521%$2,547,70563%
2013$6,245,76417%$7,232,3056%$1,562,01555%
2012$7,535,29925%$6,845,00921%$3,469,56559%
2011$6,015,832$5,642,999$2,181,217

Frequently Asked Questions

What does Granite Group Insurance Trust do?

Granite Group Insurance Trust is a unclassified nonprofit organization based in Vermont. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Granite Group Insurance Trust financially healthy?

Based on our 9-metric Financial Health Score model, Granite Group Insurance Trust has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Granite Group Insurance Trust generate?

Granite Group Insurance Trust reports $17.0M in annual revenue and holds $3.5M in total assets, based on IRS filings.

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