Five Pointe Professional Liability Insurance Company
Five Pointe Professional Liability Insurance Company shows significant revenue and asset growth with no reported officer compensation.
EIN: 204191006 · Wilmington, DE · NTEE: E11 · Updated: 2026-03-28
Is Five Pointe Professional Liability Insurance Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Five Pointe Professional Liability Insurance Company directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Five Pointe Professional Liability Insurance Company
Five Pointe Professional Liability Insurance Company (EIN: 204191006) is a nonprofit organization based in Wilmington, DE, classified under NTEE code E11. The organization reported total revenue of $153.4M and total assets of $437.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Five Pointe Professional Liability Insurance Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Five Pointe Professional Liability Insurance Company is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $135.4M |
| Total Expenses | $139.0M |
| Surplus / Deficit | $-3,586,487 |
| Total Assets | $393.1M |
| Total Liabilities | $320.0M |
| Net Assets | $73.1M |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 81.4% |
| Months of Reserves | 33.9 months |
Financial Health Grade: C
In 2023, Five Pointe Professional Liability Insurance Company reported a deficit of $3.6M with expenses exceeding revenue, holds 33.9 months of operating reserves (strong position), has a debt-to-asset ratio of 81.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Five Pointe Professional Liability Insurance Company's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +182.7% | +134.6% | +69.1% |
| 2022 | +4.7% | +28.0% | -3.9% |
| 2021 | +7.8% | +53.1% | +13.6% |
| 2020 | +10.2% | +19.8% | -3.2% |
| 2019 | -2.3% | +55.0% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Five Pointe Professional Liability Insurance Company 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Five Pointe Professional Liability Insurance Company allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $3.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 13 available IRS 990 filings, which is highly unusual for an organization with current annual revenue exceeding $153 million and assets over $437 million. This suggests either a unique operational model with unpaid leadership or that compensation is handled through a related entity not reflected in these specific filings.
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 Five Pointe Professional Liability Insurance Company's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, warranting further investigation into compensation structures.
Strengths
The following positive indicators were identified for Five Pointe Professional Liability Insurance Company:
- Significant and consistent asset growth, from $232.4 million in 2022 to $437.2 million currently, indicating strong financial health.
- Substantial revenue growth, particularly from $47.8 million in 2022 to over $153 million currently, demonstrating operational success.
- Extensive filing history (13 years) provides good transparency into financial trends.
- Consistent reporting of 0% officer compensation, if truly reflective of unpaid leadership, indicates exceptional resource allocation towards its mission.
Frequently Asked Questions about Five Pointe Professional Liability Insurance Company
Is Five Pointe Professional Liability Insurance Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Five Pointe Professional Liability Insurance Company (EIN: 204191006) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Five Pointe Professional Liability Insurance Company spend its money?
Five Pointe Professional Liability Insurance Company directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Five Pointe Professional Liability Insurance Company tax-deductible?
Five Pointe Professional Liability Insurance Company is registered as a tax-exempt nonprofit (EIN: 204191006). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Five Pointe Professional Liability Insurance Company manage executive compensation given the 0% reported on 990s?
The consistent reporting of 0% officer compensation across all 13 filings for an organization of this scale is highly unusual. It suggests either a unique operational model with entirely unpaid leadership, or that executive compensation is structured and reported through a related entity or mechanism not directly visible in these specific 990 filings. Further investigation into the organization's full corporate structure would be needed to clarify this.
What is the primary driver behind the significant revenue and asset growth observed in recent years?
The organization experienced substantial revenue growth from $47.8 million in 2022 to $135.3 million in 2023, and assets grew from $232.4 million to $393 million in the same period. This rapid expansion likely indicates successful underwriting, increased policy sales, or favorable market conditions within the professional liability insurance sector.
How does the organization's expense structure, particularly the periods where expenses exceed revenue (e.g., 2023), align with its nonprofit mission?
As an insurance company, a significant portion of 'expenses' would typically be claims paid to policyholders, which directly fulfills its mission of providing liability coverage. In 2023, expenses ($138.9 million) slightly exceeded revenue ($135.3 million), which could indicate a period of higher claims payouts or strategic investments, consistent with the nature of an insurer managing risk and fulfilling obligations.
Filing History
IRS 990 filing history for Five Pointe Professional Liability Insurance Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Five Pointe Professional Liability Insurance Company's revenue has grown by 126.4%, moving from $59.8M to $135.4M. Total assets increased by 50.8% over the same period, from $260.6M to $393.1M. Total functional expenses rose by 289.7%, from $35.7M to $139.0M. In its most recent filing year (2023), Five Pointe Professional Liability Insurance Company reported a deficit of $3.6M, with expenses exceeding revenue. The organization holds $320.0M in liabilities against $393.1M in assets (debt-to-asset ratio: 81.4%), resulting in net assets of $73.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $135.4M | $139.0M | $393.1M | $320.0M | — | View 990 |
| 2022 | $47.9M | $59.2M | $232.5M | $219.5M | — | View 990 |
| 2021 | $45.8M | $46.3M | $241.9M | $183.9M | — | View 990 |
| 2020 | $42.4M | $30.2M | $212.9M | $154.8M | — | View 990 |
| 2019 | $38.5M | $25.2M | $220.0M | $153.6M | — | View 990 |
| 2018 | $39.4M | $16.3M | $217.0M | $148.3M | — | View 990 |
| 2017 | $38.0M | $19.5M | $204.8M | $135.2M | — | View 990 |
| 2016 | $67.7M | $12.6M | $203.4M | $138.6M | — | View 990 |
| 2015 | $64.0M | $29.1M | $253.9M | $155.9M | — | View 990 |
| 2014 | $67.0M | $28.5M | $273.2M | $158.8M | — | View 990 |
| 2013 | $66.5M | $26.0M | $271.2M | $166.8M | — | View 990 |
| 2012 | $64.0M | $32.2M | $268.0M | $185.1M | — | View 990 |
| 2011 | $59.8M | $35.7M | $260.6M | $183.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135.4M, expenses of $139.0M, and assets of $393.1M (revenue +182.7% year-over-year).
- 2022: Revenue of $47.9M, expenses of $59.2M, and assets of $232.5M (revenue +4.7% year-over-year).
- 2021: Revenue of $45.8M, expenses of $46.3M, and assets of $241.9M (revenue +7.8% year-over-year).
- 2020: Revenue of $42.4M, expenses of $30.2M, and assets of $212.9M (revenue +10.2% year-over-year).
- 2019: Revenue of $38.5M, expenses of $25.2M, and assets of $220.0M (revenue -2.3% year-over-year).
- 2018: Revenue of $39.4M, expenses of $16.3M, and assets of $217.0M (revenue +3.7% year-over-year).
- 2017: Revenue of $38.0M, expenses of $19.5M, and assets of $204.8M (revenue -43.9% year-over-year).
- 2016: Revenue of $67.7M, expenses of $12.6M, and assets of $203.4M (revenue +5.9% year-over-year).
- 2015: Revenue of $64.0M, expenses of $29.1M, and assets of $253.9M (revenue -4.5% year-over-year).
- 2014: Revenue of $67.0M, expenses of $28.5M, and assets of $273.2M (revenue +0.7% year-over-year).
- 2013: Revenue of $66.5M, expenses of $26.0M, and assets of $271.2M (revenue +4.0% year-over-year).
- 2012: Revenue of $64.0M, expenses of $32.2M, and assets of $268.0M (revenue +7.0% year-over-year).
- 2011: Revenue of $59.8M, expenses of $35.7M, and assets of $260.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Five Pointe Professional Liability Insurance Company:
Data Sources and Methodology
This transparency report for Five Pointe Professional Liability Insurance Company 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.