North Dakota Life And Heath Insurance Guaranty Assn
EIN: 450375813 · Fargo, ND
| Metric | Value |
|---|---|
| Total Revenue | $9.1M |
| Total Expenses | $275K |
| Net Assets | $3.9M |
Is North Dakota Life And Heath Insurance Guaranty Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Dakota Life And Heath Insurance Guaranty Assn
North Dakota Life And Heath Insurance Guaranty Assn (EIN: 450375813) is a nonprofit organization based in Fargo, ND. The organization reported total revenue of $9.1M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Dakota Life And Heath Insurance Guaranty Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Dakota Life And Heath Insurance Guaranty Assn is a mid-size nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $275K |
| Surplus / Deficit | $-84,747 |
| Total Assets | $3.9M |
| Net Assets | $3.9M |
| Operating Margin | -44.5% |
| Months of Reserves | 168.0 months |
Financial Health Grade: B
In 2024, North Dakota Life And Heath Insurance Guaranty Assn reported a deficit of $85K with expenses exceeding revenue, holds 168.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), North Dakota Life And Heath Insurance Guaranty Assn's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -37.5% | +10.2% | -2.2% |
| 2023 | +5308.0% | +21.8% | +1.4% |
| 2022 | -99.9% | -64.2% | -4.9% |
| 2021 | +415.9% | -16.1% | +1389.9% |
| 2020 | +7825.0% | +5.2% | +153.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Dakota Life And Heath Insurance Guaranty Assn has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Dakota Life And Heath Insurance Guaranty Assn with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $85K, with expenses exceeding revenue.
Frequently Asked Questions about North Dakota Life And Heath Insurance Guaranty Assn
Is North Dakota Life And Heath Insurance Guaranty Assn a legitimate charity?
North Dakota Life And Heath Insurance Guaranty Assn (EIN: 450375813) is a registered tax-exempt nonprofit based in North Dakota. It has 14 years of IRS 990 filings on record. Total revenue: $9.1M. No red flags identified. Financial health grade: B.
How does North Dakota Life And Heath Insurance Guaranty Assn spend its money?
North Dakota Life And Heath Insurance Guaranty Assn reported $9.1M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to North Dakota Life And Heath Insurance Guaranty Assn tax-deductible?
North Dakota Life And Heath Insurance Guaranty Assn is registered as a tax-exempt nonprofit (EIN: 450375813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Dakota Life And Heath Insurance Guaranty Assn located?
North Dakota Life And Heath Insurance Guaranty Assn is headquartered in Fargo, North Dakota and files with the IRS under EIN 450375813.
How many years of IRS 990 filings does North Dakota Life And Heath Insurance Guaranty Assn have?
North Dakota Life And Heath Insurance Guaranty Assn 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 $9.1M in total revenue.
Filing History
IRS 990 filing history for North Dakota Life And Heath Insurance Guaranty Assn showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), North Dakota Life And Heath Insurance Guaranty Assn's revenue has grown by 704.5%, moving from $24K to $191K. Total assets decreased by 1.6% over the same period, from $3.9M to $3.9M. Total functional expenses fell by 22.5%, from $355K to $275K. In its most recent filing year (2024), North Dakota Life And Heath Insurance Guaranty Assn reported a deficit of $85K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $191K | $275K | $3.9M | $0 | — | — |
| 2023 | $305K | $250K | $3.9M | $0 | — | View 990 |
| 2022 | $6K | $205K | $3.9M | $0 | — | View 990 |
| 2021 | $4.4M | $574K | $4.1M | $0 | — | View 990 |
| 2020 | $850K | $684K | $274K | $0 | — | View 990 |
| 2019 | $11K | $650K | $108K | $0 | — | View 990 |
| 2018 | $19K | $673K | $748K | $0 | — | View 990 |
| 2017 | $50K | $1.6M | $1.4M | $0 | — | View 990 |
| 2016 | $254K | $302K | $2.9M | $0 | — | View 990 |
| 2015 | $1K | $266K | $3.0M | $0 | — | View 990 |
| 2014 | $264K | $186K | $3.2M | $0 | — | View 990 |
| 2013 | $20K | $1.5M | $3.1M | $0 | — | View 990 |
| 2012 | $1.0M | $304K | $4.6M | $0 | — | View 990 |
| 2011 | $24K | $355K | $3.9M | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $191K, expenses of $275K, and assets of $3.9M (revenue -37.5% year-over-year).
- 2023: Revenue of $305K, expenses of $250K, and assets of $3.9M (revenue +5308.0% year-over-year).
- 2022: Revenue of $6K, expenses of $205K, and assets of $3.9M (revenue -99.9% year-over-year).
- 2021: Revenue of $4.4M, expenses of $574K, and assets of $4.1M (revenue +415.9% year-over-year).
- 2020: Revenue of $850K, expenses of $684K, and assets of $274K (revenue +7825.0% year-over-year).
- 2019: Revenue of $11K, expenses of $650K, and assets of $108K (revenue -43.9% year-over-year).
- 2018: Revenue of $19K, expenses of $673K, and assets of $748K (revenue -62.1% year-over-year).
- 2017: Revenue of $50K, expenses of $1.6M, and assets of $1.4M (revenue -80.2% year-over-year).
- 2016: Revenue of $254K, expenses of $302K, and assets of $2.9M (revenue +20770.7% year-over-year).
- 2015: Revenue of $1K, expenses of $266K, and assets of $3.0M (revenue -99.5% year-over-year).
- 2014: Revenue of $264K, expenses of $186K, and assets of $3.2M (revenue +1223.2% year-over-year).
- 2013: Revenue of $20K, expenses of $1.5M, and assets of $3.1M (revenue -98.1% year-over-year).
- 2012: Revenue of $1.0M, expenses of $304K, and assets of $4.6M (revenue +4248.6% year-over-year).
- 2011: Revenue of $24K, expenses of $355K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Dakota Life And Heath Insurance Guaranty Assn:
Data Sources and Methodology
This transparency report for North Dakota Life And Heath Insurance Guaranty Assn 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.