Massachusetts Life And Health Insurance Guaranty Association
Springfield, Massachusetts
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 75 peers in Mutual & Membership Benefit with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $15,001,926↑39087% | $460,952↑15% | $18,372,444↑386% | |
| 2022 | $38,283↓95% | $401,527↑13% | $3,778,679↓8% | — |
| 2021 | $749,754↑1181% | $354,614↓9% | $4,101,790↑10% | — |
| 2020 | $58,536↓91% | $390,422↑10% | $3,725,351↓8% | — |
| 2019 | $671,207↑10% | $356,532↑15% | $4,061,524↑7% | — |
| 2018 | $609,165↓82% | $310,183↓89% | $3,783,336↓9% | — |
| 2017 | $3,324,414↑713% | $2,890,119↑823% | $4,164,774↑42% | — |
| 2016 | $408,729↓9% | $313,261↑4% | $2,936,463↑4% | — |
| 2015 | $448,609↑113% | $299,982↓5% | $2,832,479↑6% | — |
| 2014 | $210,727↓98% | $315,291↓98% | $2,684,468↓4% | — |
| 2013 | $11,046,806↑229% | $13,735,273↑729% | $2,802,534↓49% | — |
| 2012 | $3,359,107↑286% | $1,656,742↓2% | $5,478,674↑45% | — |
| 2011 | $870,798 | $1,684,144 | $3,775,195 | — |
Frequently Asked Questions
What does Massachusetts Life And Health Insurance Guaranty Association do?▼
Massachusetts Life And Health Insurance Guaranty Association is a mutual & membership benefit nonprofit organization based in Massachusetts. It is classified under NTEE code Y20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Massachusetts Life And Health Insurance Guaranty Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Massachusetts Life And Health Insurance Guaranty Association has a score of 72/100 (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 Massachusetts Life And Health Insurance Guaranty Association generate?▼
Massachusetts Life And Health Insurance Guaranty Association reports $120.7M in annual revenue and holds $138.7M in total assets, based on IRS filings.
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