ZUnclassifiedEIN: 591378046

Florida Insurance Guaranty Association INC

Tallahassee, Florida

CHealth Score
37C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.02×
Peer Median0.87×
💰
$478.4M
Total Revenue
📊
$773.9M
Total Expenses
🏦
-$15.9M
Net Assets
📋
$633.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-26.0%
Year-over-year change (2022 → 2023)
Net Margin
-61.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.02
Net assets divided by total expenses
Liabilities-to-Assets
102.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$478,366,10226%$773,886,11914%$617,776,2312%
2022$646,169,972826%$677,050,862332%$632,385,089344%
2021$69,775,108127%$156,884,90899%$142,504,83938%
2020$30,726,2057%$78,648,50273%$229,614,63917%
2019$33,099,8029%$45,470,004220%$277,536,9364%
2018$36,407,5391%$14,225,3372%$289,907,1388%
2017$36,700,43221%$13,952,54126%$267,724,9369%
2016$46,298,12953%$18,805,39239%$244,977,04513%
2015$30,182,99245%$30,757,22950%$217,484,308
2014$54,450,0705%$61,286,1403%$218,058,5453%
2013$57,074,46968%$59,369,85039%$224,894,6151%
2012$177,878,44166%$96,555,09245%$227,189,99656%
2011$107,284,264$174,708,365$145,866,647

Frequently Asked Questions

What does Florida Insurance Guaranty Association INC do?

Florida Insurance Guaranty Association INC is a unclassified nonprofit organization based in Florida. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Florida Insurance Guaranty Association INC financially healthy?

Based on our 9-metric Financial Health Score model, Florida Insurance Guaranty Association INC has a score of 37/100 (Grade: C). 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 Florida Insurance Guaranty Association INC generate?

Florida Insurance Guaranty Association INC reports $825.6M in annual revenue and holds $827.3M in total assets, based on IRS filings.

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