ZUnclassifiedEIN: 136194674

Rhode Island Automobile Insurance Plan

Johnston, Rhode Island

FHealth Score
21F

Financial Health Score

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

Critical

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.06×
Peer Median5.86×
💰
$12.2M
Total Revenue
📊
$19.7M
Total Expenses
🏦
-$1.1M
Net Assets
📋
$24.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.3%
Year-over-year change (2022 → 2023)
Net Margin
-62.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.06
Net assets divided by total expenses
Liabilities-to-Assets
104.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$12,163,68810%$19,737,44719%$22,939,42918%
2022$11,028,96716%$16,625,59318%$19,397,31023%
2021$13,070,81021%$20,198,9869%$25,251,1839%
2020$16,647,43823%$22,307,3125%$27,826,39328%
2019$13,584,242213%$21,298,109420%$21,817,02868%
2018$4,337,47010%$4,097,4707%$12,962,33021%
2017$3,934,31112%$3,847,3132%$16,318,68728%
2016$4,481,09419%$3,767,55814%$12,716,23820%
2015$3,766,3082%$3,303,8038%$10,593,90123%
2014$3,674,82421%$3,058,211$8,605,93123%
2013$3,047,8074%$3,056,1889%$6,996,08521%
2012$2,918,1462%$2,812,5094%$5,782,2619%
2011$2,982,799$2,696,510$5,309,157

Frequently Asked Questions

What does Rhode Island Automobile Insurance Plan do?

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

Is Rhode Island Automobile Insurance Plan financially healthy?

Based on our 9-metric Financial Health Score model, Rhode Island Automobile Insurance Plan has a score of 21/100 (Grade: F). 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 Rhode Island Automobile Insurance Plan generate?

Rhode Island Automobile Insurance Plan reports $14.0M in annual revenue and holds $24.3M in total assets, based on IRS filings.

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