Allied Services Risk Retention Group
Allied Services Risk Retention Group maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 201177431 · Charleston, SC · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| Net Assets | $2.5M |
| Transparency Score | 85/100 |
Is Allied Services Risk Retention Group Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allied Services Risk Retention Group directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allied Services Risk Retention Group
Allied Services Risk Retention Group (EIN: 201177431) is a nonprofit organization based in Charleston, SC, classified under NTEE code E11. The organization reported total revenue of $2.0M and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allied Services Risk Retention Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allied Services Risk Retention Group is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$54K |
| Total Assets | $8.6M |
| Total Liabilities | $6.1M |
| Net Assets | $2.5M |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 71.0% |
| Months of Reserves | 64.5 months |
Financial Health Grade: A
In 2023, Allied Services Risk Retention Group reported a surplus of $54K with revenue exceeding expenses, holds 64.5 months of operating reserves (strong position), has a debt-to-asset ratio of 71.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Allied Services Risk Retention Group's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +39.7% | -0.8% |
| 2022 | -20.2% | -18.5% | -3.4% |
| 2021 | +17.0% | +16.5% | +7.3% |
| 2020 | +26.6% | -45.0% | +16.6% |
| 2019 | +16.2% | +64.4% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Allied Services Risk Retention Group with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Allied Services Risk Retention Group allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available IRS 990 filings, suggesting either a volunteer-led executive team, compensation handled by an external management entity, or that compensation falls below reporting thresholds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Allied Services Risk Retention Group's IRS 990 filings:
- Lack of detailed functional expense breakdown makes precise spending efficiency analysis difficult
- No reported officer compensation could indicate services provided by an external entity, potentially obscuring true administrative costs
Strengths
The following positive indicators were identified for Allied Services Risk Retention Group:
- Consistent revenue generation, with latest revenue at $1,663,328 in 2023
- Healthy asset-to-liability ratio, with assets of $8,644,209 against liabilities of $6,139,873 in 2023
- No reported officer compensation, suggesting potentially low overhead for executive leadership
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance
Frequently Asked Questions about Allied Services Risk Retention Group
Is Allied Services Risk Retention Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Allied Services Risk Retention Group (EIN: 201177431) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Allied Services Risk Retention Group spend its money?
Allied Services Risk Retention Group directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Allied Services Risk Retention Group tax-deductible?
Allied Services Risk Retention Group is registered as a tax-exempt nonprofit (EIN: 201177431). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Allied Services Risk Retention Group's spending goes to programs?
Allied Services Risk Retention Group directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Allied Services Risk Retention Group compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Allied Services Risk Retention Group is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Allied Services Risk Retention Group located?
Allied Services Risk Retention Group is headquartered in Charleston, South Carolina and files with the IRS under EIN 201177431. It is classified under NTEE code E11.
How many years of IRS 990 filings does Allied Services Risk Retention Group have?
Allied Services Risk Retention Group has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.
How does Allied Services Risk Retention Group define and categorize its program expenses?
As a risk retention group, its program expenses are likely tied to insurance underwriting, claims processing, and risk management services for its members. A detailed functional expense statement would clarify this.
Who provides executive leadership and how are they compensated if no officer compensation is reported?
The absence of reported officer compensation suggests either a volunteer board, services provided by an external management company, or compensation below the reporting threshold for individual officers.
What is the organization's strategy for managing its liabilities, which were $6,139,873 in 2023?
Given its nature as a risk retention group, liabilities likely include reserves for future claims. The organization consistently holds assets significantly greater than liabilities, indicating sound financial management.
Filing History
IRS 990 filing history for Allied Services Risk Retention Group showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Allied Services Risk Retention Group's revenue has grown by 36.1%, moving from $1.2M to $1.7M. Total assets increased by 54.2% over the same period, from $5.6M to $8.6M. Total functional expenses rose by 33.7%, from $1.2M to $1.6M. In its most recent filing year (2023), Allied Services Risk Retention Group reported a surplus of $54K, with revenue exceeding expenses. The organization holds $6.1M in liabilities against $8.6M in assets (debt-to-asset ratio: 71.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $8.6M | $6.1M | — | — |
| 2022 | $1.6M | $1.2M | $8.7M | $5.7M | — | View 990 |
| 2021 | $2.0M | $1.4M | $9.0M | $5.4M | — | View 990 |
| 2020 | $1.7M | $1.2M | $8.4M | $4.6M | — | View 990 |
| 2019 | $1.3M | $2.2M | $7.2M | $4.1M | — | View 990 |
| 2018 | $1.2M | $1.3M | $6.2M | $2.5M | — | View 990 |
| 2017 | $1.2M | $1.4M | $6.2M | $2.1M | — | View 990 |
| 2016 | $1.2M | $1.0M | $6.3M | $2.2M | — | View 990 |
| 2015 | $1.5M | $1.8M | $6.6M | $2.6M | — | View 990 |
| 2014 | $1.1M | $401K | $7.3M | $2.6M | — | View 990 |
| 2013 | $1.1M | $-289,722 | $6.7M | $2.8M | — | View 990 |
| 2012 | $1.2M | $1.4M | $6.3M | $3.9M | — | View 990 |
| 2011 | $1.2M | $1.2M | $5.6M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $8.6M (revenue +4.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.2M, and assets of $8.7M (revenue -20.2% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.4M, and assets of $9.0M (revenue +17.0% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.2M, and assets of $8.4M (revenue +26.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $2.2M, and assets of $7.2M (revenue +16.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $6.2M (revenue -2.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.4M, and assets of $6.2M (revenue +2.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.0M, and assets of $6.3M (revenue -20.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.8M, and assets of $6.6M (revenue +29.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $401K, and assets of $7.3M (revenue -1.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $-289,722, and assets of $6.7M (revenue -1.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.4M, and assets of $6.3M (revenue -5.7% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allied Services Risk Retention Group:
Data Sources and Methodology
This transparency report for Allied Services Risk Retention Group is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.