ZUnclassifiedEIN: 630810507· Ruling Year: 1982

Alabama Insurance Guaranty Association

Birmingham, Alabama

B-Health Score
53B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.65×
Peer Median15.40×
💰
$6.3M
Total Revenue
📊
$8.9M
Total Expenses
🏦
$14.8M
Net Assets
📋
$141.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.4%
Year-over-year change (2022 → 2023)
Net Margin
-42.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.65
Net assets divided by total expenses
Liabilities-to-Assets
90.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,286,70713%$8,946,6128%$156,559,2611%
2022$7,260,59110%$9,744,6956%$155,685,6227%
2021$6,611,62566%$10,416,7057%$168,293,0244%
2020$19,646,96276%$9,698,9622%$175,439,1816%
2019$81,416,496358%$9,550,67444%$164,888,48980%
2018$17,775,21727%$16,954,85451%$91,768,3131%
2017$14,020,10526%$11,230,59020%$90,638,3473%
2016$11,135,58527%$13,967,2589%$87,848,8323%
2015$15,291,83118%$12,839,5896%$90,680,5033%
2014$12,999,89451%$13,707,39765%$88,228,2611%
2013$26,534,22666%$39,649,007231%$88,935,76613%
2012$16,017,1991%$11,978,99026%$102,050,5474%
2011$15,908,212$16,161,132$98,012,339

Frequently Asked Questions

What does Alabama Insurance Guaranty Association do?

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

Is Alabama Insurance Guaranty Association financially healthy?

Based on our 9-metric Financial Health Score model, Alabama Insurance Guaranty Association has a score of 53/100 (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 Alabama Insurance Guaranty Association generate?

Alabama Insurance Guaranty Association reports $9.4M in annual revenue and holds $160.2M in total assets, based on IRS filings.

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