State Bankers Association Group Insurance Trust
Glen Allen, Virginia
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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,367,000↑4% | $7,365,079↑5% | $40,812↑4% | — |
| 2022 | $7,062,495↓13% | $7,047,422↓13% | $39,082↑60% | — |
| 2021 | $8,112,417↑5% | $8,096,998↑5% | $24,398↑188% | — |
| 2020 | $7,690,654↑7% | $7,692,279↑7% | $8,458↓61% | — |
| 2019 | $7,186,740↑5% | $7,187,223↑5% | $21,548↑115% | — |
| 2018 | $6,835,670↑4% | $6,837,461↑4% | $10,023↓22% | — |
| 2017 | $6,582,342↓6% | $6,585,064↓6% | $12,847↑126% | — |
| 2016 | $6,968,915↑3% | $6,972,125↑3% | $5,689↓37% | — |
| 2015 | $6,772,500 | $6,764,988 | $8,980 | — |
Frequently Asked Questions
What does State Bankers Association Group Insurance Trust do?▼
State Bankers Association Group Insurance Trust is a mutual & membership benefit nonprofit organization based in Virginia. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is State Bankers Association Group Insurance Trust financially healthy?▼
Based on our 9-metric Financial Health Score model, State Bankers Association Group Insurance Trust has a score of 57/100 (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 State Bankers Association Group Insurance Trust generate?▼
State Bankers Association Group Insurance Trust reports $5.0M in annual revenue and holds $41K in total assets, based on IRS filings.
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