Insurance Trust For Delta Retirees Inc
Insurance Trust For Delta Retirees Inc consistently allocates nearly all expenses to programs with no reported officer compensation.
EIN: 208503691 · Duluth, GA · NTEE: Y44 · Updated: 2026-03-28
Is Insurance Trust For Delta Retirees Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Insurance Trust For Delta Retirees Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Insurance Trust For Delta Retirees Inc
Insurance Trust For Delta Retirees Inc (EIN: 208503691) is a nonprofit organization based in Duluth, GA, classified under NTEE code Y44. The organization reported total revenue of $95.1M and total assets of $39.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Insurance Trust For Delta Retirees Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Insurance Trust For Delta Retirees Inc is a major nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 88.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71.1M |
| Total Expenses | $69.7M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $35.0M |
| Net Assets | $35.0M |
| Operating Margin | 2.0% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Insurance Trust For Delta Retirees Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Insurance Trust For Delta Retirees Inc's revenue has grown at a compound annual growth rate (CAGR) of 88.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | +0.5% | +15.1% |
| 2022 | -0.5% | +3.0% | -10.2% |
| 2021 | +2.8% | +1.5% | +19.7% |
| 2020 | +5.2% | +6.1% | +15.7% |
| 2019 | -1.1% | -0.6% | +30.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Insurance Trust For Delta Retirees Inc with a Mission Score of 95 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Insurance Trust For Delta Retirees Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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 $1.4M, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of this size and revenue.
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 Insurance Trust For Delta Retirees Inc's IRS 990 filings:
- Unusually low administrative and fundraising expenses (0-1%) may suggest some costs are miscategorized or absorbed by a related entity, warranting further investigation into the full scope of operations.
Strengths
The following positive indicators were identified for Insurance Trust For Delta Retirees Inc:
- Exceptional program spending ratio (99% of expenses dedicated to programs).
- Consistent revenue growth and financial stability over a decade.
- Zero reported officer compensation across all filings, indicating highly efficient or volunteer leadership.
- Healthy asset growth and no reported liabilities in recent years.
- Consistent surplus of revenue over expenses, contributing to financial resilience.
Frequently Asked Questions about Insurance Trust For Delta Retirees Inc
Is Insurance Trust For Delta Retirees Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Insurance Trust For Delta Retirees Inc (EIN: 208503691) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Insurance Trust For Delta Retirees Inc spend its money?
Insurance Trust For Delta Retirees Inc directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Insurance Trust For Delta Retirees Inc tax-deductible?
Insurance Trust For Delta Retirees Inc is registered as a tax-exempt nonprofit (EIN: 208503691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Insurance Trust For Delta Retirees Inc a good charity?
Based on its financial data, Insurance Trust For Delta Retireees Inc appears to be a very good charity. It consistently dedicates nearly all its expenses to program services, maintains a healthy financial surplus, and reports no officer compensation, indicating strong financial stewardship and a focus on its mission.
How does Insurance Trust For Delta Retirees Inc manage its administrative costs?
The organization manages its administrative costs exceptionally well, with an estimated 1% of total expenses allocated to administration. This is further supported by the consistent reporting of 0% officer compensation across all filings, suggesting a highly efficient and possibly volunteer-driven administrative structure.
What is the trend in the organization's assets?
The organization's assets have shown consistent and significant growth over the past decade, increasing from $8,002,481 in 2014 to $39,140,091 currently. This indicates strong financial management and accumulation of reserves.
Does Insurance Trust For Delta Retirees Inc have any liabilities?
For the most recent filings (2017-2023), Insurance Trust For Delta Retirees Inc has reported $0 in liabilities, indicating a very strong financial position with no outstanding debts.
Filing History
IRS 990 filing history for Insurance Trust For Delta Retirees Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Insurance Trust For Delta Retirees Inc's revenue has grown by 199933.3%, moving from $36K to $71.1M. Total assets increased by 5982% over the same period, from $576K to $35.0M. Total functional expenses rose by 53018.2%, from $131K to $69.7M. In its most recent filing year (2023), Insurance Trust For Delta Retirees Inc reported a surplus of $1.4M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71.1M | $69.7M | $35.0M | $0 | — | View 990 |
| 2022 | $70.7M | $69.3M | $30.4M | $0 | — | — |
| 2021 | $71.0M | $67.3M | $33.9M | $0 | — | View 990 |
| 2020 | $69.1M | $66.3M | $28.3M | $0 | — | — |
| 2019 | $65.6M | $62.5M | $24.5M | $0 | — | View 990 |
| 2018 | $66.4M | $62.8M | $18.8M | $0 | — | View 990 |
| 2017 | $64.5M | $62.0M | $17.6M | $0 | — | View 990 |
| 2016 | $63.0M | $59.9M | $14.3M | $39K | — | View 990 |
| 2015 | $59.7M | $56.7M | $10.8M | $29K | — | View 990 |
| 2014 | $53.0M | $50.1M | $8.0M | $11K | — | View 990 |
| 2013 | $26K | $85K | $477K | $0 | — | View 990 |
| 2012 | $36K | $77K | $535K | $0 | — | View 990 |
| 2011 | $36K | $131K | $576K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71.1M, expenses of $69.7M, and assets of $35.0M (revenue +0.6% year-over-year).
- 2022: Revenue of $70.7M, expenses of $69.3M, and assets of $30.4M (revenue -0.5% year-over-year).
- 2021: Revenue of $71.0M, expenses of $67.3M, and assets of $33.9M (revenue +2.8% year-over-year).
- 2020: Revenue of $69.1M, expenses of $66.3M, and assets of $28.3M (revenue +5.2% year-over-year).
- 2019: Revenue of $65.6M, expenses of $62.5M, and assets of $24.5M (revenue -1.1% year-over-year).
- 2018: Revenue of $66.4M, expenses of $62.8M, and assets of $18.8M (revenue +3.0% year-over-year).
- 2017: Revenue of $64.5M, expenses of $62.0M, and assets of $17.6M (revenue +2.3% year-over-year).
- 2016: Revenue of $63.0M, expenses of $59.9M, and assets of $14.3M (revenue +5.6% year-over-year).
- 2015: Revenue of $59.7M, expenses of $56.7M, and assets of $10.8M (revenue +12.5% year-over-year).
- 2014: Revenue of $53.0M, expenses of $50.1M, and assets of $8.0M (revenue +200314.0% year-over-year).
- 2013: Revenue of $26K, expenses of $85K, and assets of $477K (revenue -26.0% year-over-year).
- 2012: Revenue of $36K, expenses of $77K, and assets of $535K (revenue +0.6% year-over-year).
- 2011: Revenue of $36K, expenses of $131K, and assets of $576K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Insurance Trust For Delta Retirees Inc:
Data Sources and Methodology
This transparency report for Insurance Trust For Delta Retirees Inc 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.