Republic Risk Retention Group

Republic Risk Retention Group consistently reports zero officer compensation while operating with expenses frequently exceeding annual revenue.

EIN: 201175924 · Columbia, SC · NTEE: Y200 · Updated: 2026-03-28

$1.7MRevenue
$1.7MGross Revenue
$3.2MAssets
70/100Mission Score (Good)
Y200
Republic Risk Retention Group Financial Summary
MetricValue
Total Revenue$1.7M
Total Expenses$121K
Program Spending80%
Net Assets$1.4M
Transparency Score70/100

Search Intent Cockpit

Republic Risk Retention Group Form 990, Revenue, CEO Pay, and IRS Filing Signals

Republic Risk Retention Group is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Republic Risk Retention Group in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $14K and expenses of $121K.

Revenue and Expenses

Republic Risk Retention Group reported $14K in revenue and $121K in expenses, a deficit of $107K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Republic Risk Retention Group Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Republic Risk Retention Group Expense Deployment
Program services$97K (80%)

Across stored filings, Republic Risk Retention Group shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Republic Risk Retention Group Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Sigma Delta PiSouth Carolina and Category Y context

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Republic Risk Retention Group directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Republic Risk Retention Group

Republic Risk Retention Group (EIN: 201175924) is a nonprofit organization based in Columbia, SC, classified under NTEE code Y200. The organization reported total revenue of $1.7M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Republic Risk Retention Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Republic 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 -11.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$14K
Total Expenses$121K
Surplus / Deficit$-107,478
Total Assets$1.4M
Total Liabilities$5K
Net Assets$1.4M
Operating Margin-781.7%
Debt-to-Asset Ratio0.3%
Months of Reserves142.1 months

Financial Health Grade: B

In 2023, Republic Risk Retention Group reported a deficit of $107K with expenses exceeding revenue, holds 142.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Republic Risk Retention Group's revenue has declined at a compound annual growth rate (CAGR) of -11.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023-50.8%+68.6%-2.7%
2022-71.7%+5.3%-12.9%
2021+104.9%-2.8%-0.8%
2020-20.2%-3.2%+1.7%
2019+20.9%-5.1%+4.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Republic Risk Retention Group appears to be a unique entity, likely operating as a member-owned insurance company rather than a traditional public charity, given its NTEE code Y200 (Insurance & Risk Management) and consistent financial patterns. Its financial health, based on the provided data, shows a consistent pattern of expenses often exceeding revenue in recent years, such as in 2023 where expenses were $121,227 against revenue of $13,749. This suggests it may rely on accumulated assets or member contributions rather than annual fundraising for operational solvency. The organization maintains a stable asset base, with assets around $1.4 million to $1.7 million in recent periods, significantly higher than its liabilities, indicating a strong balance sheet. Spending efficiency is difficult to assess without a detailed breakdown of program vs. administrative costs, which are not provided in the summary data. However, the consistent low revenue and higher expenses suggest that its 'programs' are likely the risk management services it provides to its members, which may not generate significant direct revenue. Transparency regarding executive compensation is high, as it consistently reports 0% officer compensation across all provided filings, which is a positive indicator for member-focused governance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Republic Risk Retention Group with a Mission Score of 70 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: 20%
  • programs: 80%
  • fundraising: 0%

According to IRS 990 filings, Republic Risk Retention Group allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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:

$14KTotal Revenue
$121KTotal Expenses
$1.4MTotal Assets
$5KTotal Liabilities
$1.4MNet Assets
  • The organization reported a deficit of $107K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.3%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated directly by the organization, which is highly unusual for an entity of its size and operational scope.

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 Republic Risk Retention Group's IRS 990 filings:

  • Consistent annual expenses exceeding revenue, indicating reliance on reserves or other non-revenue income.
  • Lack of detailed program spending breakdown in summary data, making efficiency analysis difficult for a traditional nonprofit perspective.

Strengths

The following positive indicators were identified for Republic Risk Retention Group:

  • Consistent reporting of 0% officer compensation, indicating strong financial stewardship regarding executive pay.
  • Stable and substantial asset base ($1.4M - $1.7M) significantly exceeding liabilities, demonstrating financial solvency.
  • Clear focus on its specific NTEE mission (Insurance & Risk Management) as indicated by its structure and financial patterns.

Frequently Asked Questions about Republic Risk Retention Group

Is Republic Risk Retention Group a legitimate charity?

Republic Risk Retention Group (EIN: 201175924) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Republic Risk Retention Group spend its money?

Republic Risk Retention Group directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Republic Risk Retention Group tax-deductible?

Republic Risk Retention Group is registered as a tax-exempt nonprofit (EIN: 201175924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Republic Risk Retention Group compare to similar nonprofits?

With a transparency score of 70/100 (Good), Republic Risk Retention Group is above average for NTEE category Y200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Republic Risk Retention Group located?

Republic Risk Retention Group is headquartered in Columbia, South Carolina and files with the IRS under EIN 201175924. It is classified under NTEE code Y200.

How many years of IRS 990 filings does Republic Risk Retention Group have?

Republic 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 $1.7M in total revenue.

Is Republic Risk Retention Group a good charity?

Republic Risk Retention Group is not a traditional charity. Its NTEE code Y200 indicates it's involved in insurance and risk management, likely serving a specific member group. Therefore, evaluating it as a 'charity' in the conventional sense is inappropriate. Its financial structure suggests it's a member-owned entity providing services rather than a public benefit organization.

How does Republic Risk Retention Group sustain operations with low revenue?

The organization likely sustains operations through accumulated assets and potentially member premiums or capital contributions, as its annual revenue (e.g., $13,749 in 2023) is consistently lower than its expenses (e.g., $121,227 in 2023). Its substantial asset base ($1.4M - $1.7M) relative to liabilities ($5,000) provides financial stability.

What is the purpose of Republic Risk Retention Group?

Based on its NTEE code Y200 (Insurance & Risk Management), Republic Risk Retention Group's purpose is likely to provide liability insurance or risk management services to its members, who share similar risks. This structure allows members to collectively self-insure.

Filing History

IRS 990 filing history for Republic Risk Retention Group showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Republic Risk Retention Group's revenue has declined by 77.7%, moving from $62K to $14K. Total assets decreased by 21.8% over the same period, from $1.8M to $1.4M. Total functional expenses rose by 50.3%, from $81K to $121K. In its most recent filing year (2023), Republic Risk Retention Group reported a deficit of $107K, with expenses exceeding revenue. The organization holds $5K in liabilities against $1.4M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $14K $121K $1.4M $5K View 990
2022 $28K $72K $1.5M $5K View 990
2021 $99K $68K $1.7M $5K View 990
2020 $48K $70K $1.7M $5K View 990
2019 $60K $73K $1.7M $5K View 990
2018 $50K $77K $1.6M $7K View 990
2017 $45K $97K $1.7M $8K View 990
2016 $28K $77K $1.7M $5K View 990
2015 $52K $70K $1.7M $5K View 990
2014 $74K $98K $1.8M $57K View 990
2013 $88K $106K $1.8M $35K View 990
2012 $58K $51K $1.8M $8K View 990
2011 $62K $81K $1.8M $47K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $14K, expenses of $121K, and assets of $1.4M (revenue -50.8% year-over-year).
  • 2022: Revenue of $28K, expenses of $72K, and assets of $1.5M (revenue -71.7% year-over-year).
  • 2021: Revenue of $99K, expenses of $68K, and assets of $1.7M (revenue +104.9% year-over-year).
  • 2020: Revenue of $48K, expenses of $70K, and assets of $1.7M (revenue -20.2% year-over-year).
  • 2019: Revenue of $60K, expenses of $73K, and assets of $1.7M (revenue +20.9% year-over-year).
  • 2018: Revenue of $50K, expenses of $77K, and assets of $1.6M (revenue +10.9% year-over-year).
  • 2017: Revenue of $45K, expenses of $97K, and assets of $1.7M (revenue +62.1% year-over-year).
  • 2016: Revenue of $28K, expenses of $77K, and assets of $1.7M (revenue -46.4% year-over-year).
  • 2015: Revenue of $52K, expenses of $70K, and assets of $1.7M (revenue -30.3% year-over-year).
  • 2014: Revenue of $74K, expenses of $98K, and assets of $1.8M (revenue -15.5% year-over-year).
  • 2013: Revenue of $88K, expenses of $106K, and assets of $1.8M (revenue +52.1% year-over-year).
  • 2012: Revenue of $58K, expenses of $51K, and assets of $1.8M (revenue -6.4% year-over-year).
  • 2011: Revenue of $62K, expenses of $81K, and assets of $1.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Republic Risk Retention Group:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Republic 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.

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