Y — Mutual & Membership BenefitEIN: 271461867· Ruling Year: 2012

Nonprofit Insurance Trust

Lakeville, Minnesota

BHealth Score
58B

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 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.63×
Peer Median10.70×
💰
$17.9M
Total Revenue
📊
$15.1M
Total Expenses
🏦
$24.7M
Net Assets
📋
$20.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.4%
Year-over-year change (2022 → 2023)
Net Margin
+15.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.63
Net assets divided by total expenses
Liabilities-to-Assets
45.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$17,873,844↑3%$15,112,461↑4%$45,356,707↑13%
2022$17,278,123↓6%$14,463,298↑14%$40,084,591
2021$18,458,548↑10%$12,662,785↓17%$40,064,568↑10%
2020$16,777,576$15,236,845↓3%$36,558,201↑2%
2019$16,786,304↑9%$15,682,190↑25%$35,840,369↑16%
2018$15,428,478↓1%$12,520,387↓14%$31,027,528↑8%
2017$15,541,410↑1%$14,517,984↓3%$28,743,597↑9%
2016$15,432,972↑13%$14,949,230↑15%$26,394,061↑13%
2015$13,676,236↑11%$12,973,682↑19%$23,433,677↑17%
2014$12,373,178↑21%$10,941,203↑22%$20,075,045↑16%
2013$10,241,829↑15%$8,951,519↑15%$17,311,006↑4%
2012$8,908,954↑29%$7,804,879↑8%$16,651,797↑7%
2011$6,913,676↑162%$7,238,587↑409%$15,510,839↑16%
2010$2,639,776$1,420,979$13,404,281

Frequently Asked Questions

What does Nonprofit Insurance Trust do?▼

Nonprofit Insurance Trust is a mutual & membership benefit nonprofit organization based in Minnesota. It is classified under NTEE code Y200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nonprofit Insurance Trust financially healthy?▼

Based on our 9-metric Financial Health Score model, Nonprofit Insurance Trust has a score of 58/100 (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 Nonprofit Insurance Trust generate?▼

Nonprofit Insurance Trust reports $19.8M in annual revenue and holds $46.6M in total assets, based on IRS filings.

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