Guthrie Risk Retention Group
Guthrie Risk Retention Group consistently generates significant surpluses with zero reported officer compensation.
EIN: 201090801 · Charleston, SC · NTEE: F11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $80.9M |
| Total Expenses | $444K |
| Program Spending | 90% |
| Net Assets | $26.7M |
| Transparency Score | 75/100 |
Is Guthrie 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 →
Guthrie Risk Retention Group directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Guthrie Risk Retention Group
Guthrie Risk Retention Group (EIN: 201090801) is a nonprofit organization based in Charleston, SC, classified under NTEE code F11. The organization reported total revenue of $80.9M and total assets of $53.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guthrie Risk Retention Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Guthrie Risk Retention Group is a major nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.5M |
| Total Expenses | $444K |
| Surplus / Deficit | +$11.0M |
| Total Assets | $61.3M |
| Total Liabilities | $34.7M |
| Net Assets | $26.7M |
| Operating Margin | 96.1% |
| Debt-to-Asset Ratio | 56.5% |
| Months of Reserves | 1656.1 months |
Financial Health Grade: A
In 2023, Guthrie Risk Retention Group reported a surplus of $11.0M with revenue exceeding expenses, holds 1656.1 months of operating reserves (strong position), has a debt-to-asset ratio of 56.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Guthrie Risk Retention Group's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.8% | -73.0% | -6.3% |
| 2022 | -16.4% | +26.9% | -3.3% |
| 2021 | +2.5% | -88.6% | +9.7% |
| 2020 | -9.6% | +63.6% | +10.5% |
| 2019 | +18.0% | — | -1.6% |
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 Guthrie Risk Retention Group with a Mission Score of 75 out of 100 (Good). 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, Guthrie Risk Retention Group 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 surplus of $11.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings. This suggests that either the leadership is entirely volunteer-based, or compensation is paid through a related management entity, which would not be directly reflected in the officer compensation section of the 990.
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 Guthrie Risk Retention Group's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) makes traditional nonprofit efficiency analysis difficult.
- Consistent zero officer compensation may indicate compensation is paid through a related entity, obscuring full compensation picture.
Strengths
The following positive indicators were identified for Guthrie Risk Retention Group:
- Strong financial health with consistent annual surpluses, such as the $11,037,174 surplus in 2023.
- Significant and growing asset base, reaching $61,314,077 in 2023, indicating financial stability.
- Very low reported expenses relative to revenue in recent years, suggesting efficient operations or specific financial structure.
Frequently Asked Questions about Guthrie Risk Retention Group
Is Guthrie Risk Retention Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Guthrie Risk Retention Group (EIN: 201090801) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Guthrie Risk Retention Group spend its money?
Guthrie Risk Retention Group directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Guthrie Risk Retention Group tax-deductible?
Guthrie Risk Retention Group is registered as a tax-exempt nonprofit (EIN: 201090801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Guthrie Risk Retention Group compare to similar nonprofits?
With a transparency score of 75/100 (Good), Guthrie Risk Retention Group is above average for NTEE category F11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Guthrie Risk Retention Group located?
Guthrie Risk Retention Group is headquartered in Charleston, South Carolina and files with the IRS under EIN 201090801. It is classified under NTEE code F11.
How many years of IRS 990 filings does Guthrie Risk Retention Group have?
Guthrie Risk Retention Group has 14 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 $80.9M in total revenue.
How does Guthrie Risk Retention Group utilize its significant annual surpluses?
The consistent surpluses, such as the $11,037,174 in 2023 ($11,481,447 revenue - $444,273 expenses), contribute to the organization's growing asset base, which reached $61,314,077 in 2023. As a risk retention group, these funds likely bolster reserves to cover future claims and operational stability.
What are the specific program activities and their associated costs for Guthrie Risk Retention Group?
Without a detailed functional expense breakdown in the provided data, it's difficult to ascertain the specific program activities and their costs. As an NTEE F11 (Insurance Providers), its 'program' would primarily involve providing insurance coverage and managing risk for its members.
Who are the officers and key employees, and how are they compensated if not directly by the organization?
The filings consistently report 0% officer compensation. This suggests that officers may be volunteers, or they are compensated by a separate management company or related entity, which would not be disclosed in the officer compensation section of the 990 for Guthrie Risk Retention Group itself.
Filing History
IRS 990 filing history for Guthrie Risk Retention Group showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Guthrie Risk Retention Group's revenue has grown by 0.8%, moving from $11.4M to $11.5M. Total assets increased by 20.1% over the same period, from $51.1M to $61.3M. Total functional expenses fell by 93.1%, from $6.4M to $444K. In its most recent filing year (2023), Guthrie Risk Retention Group reported a surplus of $11.0M, with revenue exceeding expenses. The organization holds $34.7M in liabilities against $61.3M in assets (debt-to-asset ratio: 56.5%), resulting in net assets of $26.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.5M | $444K | $61.3M | $34.7M | — | — |
| 2022 | $9.2M | $1.6M | $65.5M | $38.1M | — | View 990 |
| 2021 | $11.0M | $1.3M | $67.7M | $42.3M | — | View 990 |
| 2020 | $10.7M | $11.4M | $61.8M | $45.6M | — | View 990 |
| 2019 | $11.9M | $7.0M | $55.9M | $35.5M | — | View 990 |
| 2018 | $10.1M | $-1,340,595 | $56.8M | $32.2M | — | View 990 |
| 2017 | $9.2M | $5.0M | $57.8M | $37.9M | — | View 990 |
| 2016 | $9.4M | $6.9M | $53.0M | $35.2M | — | View 990 |
| 2015 | $9.1M | $4.8M | $51.8M | $33.4M | — | View 990 |
| 2014 | $10.6M | $4.8M | $54.3M | $32.3M | — | View 990 |
| 2013 | $8.8M | $5.3M | $52.9M | $30.1M | — | View 990 |
| 2012 | $10.8M | $6.1M | $45.6M | $28.3M | — | View 990 |
| 2011 | $10.0M | $-1,287,102 | $52.7M | $25.8M | — | View 990 |
| 2010 | $11.4M | $6.4M | $51.1M | $35.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.5M, expenses of $444K, and assets of $61.3M (revenue +24.8% year-over-year).
- 2022: Revenue of $9.2M, expenses of $1.6M, and assets of $65.5M (revenue -16.4% year-over-year).
- 2021: Revenue of $11.0M, expenses of $1.3M, and assets of $67.7M (revenue +2.5% year-over-year).
- 2020: Revenue of $10.7M, expenses of $11.4M, and assets of $61.8M (revenue -9.6% year-over-year).
- 2019: Revenue of $11.9M, expenses of $7.0M, and assets of $55.9M (revenue +18.0% year-over-year).
- 2018: Revenue of $10.1M, expenses of $-1,340,595, and assets of $56.8M (revenue +8.9% year-over-year).
- 2017: Revenue of $9.2M, expenses of $5.0M, and assets of $57.8M (revenue -1.9% year-over-year).
- 2016: Revenue of $9.4M, expenses of $6.9M, and assets of $53.0M (revenue +3.1% year-over-year).
- 2015: Revenue of $9.1M, expenses of $4.8M, and assets of $51.8M (revenue -13.6% year-over-year).
- 2014: Revenue of $10.6M, expenses of $4.8M, and assets of $54.3M (revenue +20.0% year-over-year).
- 2013: Revenue of $8.8M, expenses of $5.3M, and assets of $52.9M (revenue -18.6% year-over-year).
- 2012: Revenue of $10.8M, expenses of $6.1M, and assets of $45.6M (revenue +8.4% year-over-year).
- 2011: Revenue of $10.0M, expenses of $-1,287,102, and assets of $52.7M (revenue -12.2% year-over-year).
- 2010: Revenue of $11.4M, expenses of $6.4M, and assets of $51.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Guthrie Risk Retention Group:
Data Sources and Methodology
This transparency report for Guthrie 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.