Nonprofit Insurance Trust
Lakeville, Minnesota
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 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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