ZUnclassifiedEIN: 237366411

Mississippi Insurance Guaranty Association

Flowood, Mississippi

DHealth Score
34D

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

💰
$2.7M
Total Revenue
📊
-$8.4M
Total Expenses
🏦
$43.0M
Net Assets
📋
$67.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-44.7%
Year-over-year change (2022 → 2023)
Net Margin
+410.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-5.15
Net assets divided by total expenses
Liabilities-to-Assets
61.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,691,03845%-$8,362,360252%$110,291,4501%
2022$4,863,58421%-$2,377,96726%$109,515,37910%
2021$4,014,4672%-$3,205,22753%$121,988,0014%
2020$3,927,07383%-$6,890,889122%$127,632,6283%
2019$23,041,19417%$31,043,008103%$124,470,73818%
2018$19,736,015493%$15,276,1441406%$105,626,55712%
2017$3,328,55224%$1,014,45785%$94,608,5173%
2016$4,374,03546%$6,906,00760%$97,122,5453%
2015$8,035,5072%$17,440,4524081%$100,527,492
2014$7,862,17818%$417,18095%$100,447,8771%
2013$9,568,73426%$9,063,21555%$99,686,54417%
2012$12,895,24027%$20,235,7431377%$120,170,9594%
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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