Mississippi Insurance Guaranty Association
Flowood, Mississippi
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,691,038↓45% | -$8,362,360↓252% | $110,291,450↑1% | — |
| 2022 | $4,863,584↑21% | -$2,377,967↑26% | $109,515,379↓10% | — |
| 2021 | $4,014,467↑2% | -$3,205,227↑53% | $121,988,001↓4% | — |
| 2020 | $3,927,073↓83% | -$6,890,889↓122% | $127,632,628↑3% | — |
| 2019 | $23,041,194↑17% | $31,043,008↑103% | $124,470,738↑18% | — |
| 2018 | $19,736,015↑493% | $15,276,144↑1406% | $105,626,557↑12% | — |
| 2017 | $3,328,552↓24% | $1,014,457↓85% | $94,608,517↓3% | — |
| 2016 | $4,374,035↓46% | $6,906,007↓60% | $97,122,545↓3% | — |
| 2015 | $8,035,507↑2% | $17,440,452↑4081% | $100,527,492 | — |
| 2014 | $7,862,178↓18% | $417,180↓95% | $100,447,877↑1% | — |
| 2013 | $9,568,734↓26% | $9,063,215↓55% | $99,686,544↓17% | — |
| 2012 | $12,895,240↓27% | $20,235,743↑1377% | $120,170,959↓4% | — |
| 2011 | $17,545,109 | $1,369,602 | $124,952,585 | — |
Frequently Asked Questions
What does Mississippi Insurance Guaranty Association do?▼
Mississippi Insurance Guaranty Association is a unclassified nonprofit organization based in Mississippi. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Mississippi Insurance Guaranty Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Mississippi Insurance Guaranty Association has a score of 34/100 (Grade: D). 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 Mississippi Insurance Guaranty Association generate?▼
Mississippi Insurance Guaranty Association reports $3.6M in annual revenue and holds $111.1M in total assets, based on IRS filings.
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