ZUnclassifiedEIN: 411357750

Workers Compensation Reinsurance Association

Saint Paul, Minnesota

B+Health Score
70B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org37.85×
Peer Median0.87×
💰
$188.2M
Total Revenue
📊
$49.2M
Total Expenses
🏦
$1.9B
Net Assets
📋
$1.6B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-41.4%
Year-over-year change (2022 → 2023)
Net Margin
+73.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
37.85
Net assets divided by total expenses
Liabilities-to-Assets
46.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$188,204,78741%$49,160,6649%$3,484,949,95916%
2022$321,335,04015%$53,879,9723%$2,999,849,53727%
2021$379,015,44936%$52,075,229430%$4,127,132,92915%
2020$279,534,32450%$9,821,06384%$3,581,217,85114%
2019$186,807,43637%$62,690,1522%$3,131,801,76418%
2018$136,794,78018%$64,154,09917%$2,652,078,4766%
2017$165,902,1684%$76,847,2193185%$2,817,868,0505%
2016$160,191,79811%$2,339,44796%$2,686,662,91914%
2015$143,769,5547%$52,983,8373%$2,363,019,7372%
2014$134,374,590640%$51,642,22935%$2,404,396,7117%
2013-$24,863,801117%$79,212,02754%$2,256,812,0466%
2012$150,563,167118%$171,428,924295%$2,133,224,59315%
2011$68,961,320$43,424,351$1,853,768,029

Frequently Asked Questions

What does Workers Compensation Reinsurance Association do?

Workers Compensation Reinsurance Association is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Workers Compensation Reinsurance Association financially healthy?

Based on our 9-metric Financial Health Score model, Workers Compensation Reinsurance Association has a score of 70/100 (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 Workers Compensation Reinsurance Association generate?

Workers Compensation Reinsurance Association reports $260.6M in annual revenue and holds $3.8B in total assets, based on IRS filings.

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