YMutual & Membership BenefitEIN: 650404976· Ruling Year: 2017

Sarasota Firefighters Insurance Trust Fund

Palm Bch Gdns, Florida

A-Health Score
84A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org20.67×
Peer Median29.60×
💰
$6.9M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$45.9M
Net Assets
📋
$43K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.5%
Year-over-year change (2021 → 2022)
Net Margin
+67.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
20.67
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$6,912,51519%$2,219,1936%$45,915,61710%
2021$5,832,80260%$2,094,1585%$51,283,65225%
2020$3,642,0843%$1,999,0611%$41,006,7444%
2019$3,537,20732%$2,021,8755%$39,413,1647%
2018$5,181,8258%$1,930,68711%$36,790,63210%
2017$5,659,298223%$1,739,63714%$33,500,34513%
2016$1,754,81437%$1,531,84714%$29,741,0791%
2015$2,800,39350%$1,348,89212%$29,415,6285%
2014$5,564,03631%$1,206,57516%$27,898,09017%
2013$4,258,62398%$1,041,10313%$23,770,66917%
2012$2,149,72958%$920,9074%$20,376,8648%
2011$5,146,486$881,444$18,954,626

Frequently Asked Questions

What does Sarasota Firefighters Insurance Trust Fund do?

Sarasota Firefighters Insurance Trust Fund is a mutual & membership benefit nonprofit organization based in Florida. It is classified under NTEE code Y44 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sarasota Firefighters Insurance Trust Fund financially healthy?

Based on our 9-metric Financial Health Score model, Sarasota Firefighters Insurance Trust Fund has a score of 84/100 (Grade: A-). 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 Sarasota Firefighters Insurance Trust Fund generate?

Sarasota Firefighters Insurance Trust Fund reports $4.4M in annual revenue and holds $50.2M in total assets, based on IRS filings.

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