Thompson And Guilford Mutual Insurance Company
EIN: 366110284 · Scales Mound, IL
| Metric | Value |
|---|---|
| Total Revenue | $795K |
| Total Expenses | $611K |
| Net Assets | $1.5M |
Is Thompson And Guilford Mutual Insurance Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thompson And Guilford Mutual Insurance Company
Thompson And Guilford Mutual Insurance Company (EIN: 366110284) is a nonprofit organization based in Scales Mound, IL. The organization reported total revenue of $795K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thompson And Guilford Mutual Insurance Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thompson And Guilford Mutual Insurance Company is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $657K |
| Total Expenses | $611K |
| Surplus / Deficit | +$46K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 7.0% |
| Months of Reserves | 29.8 months |
Financial Health Grade: A
In 2023, Thompson And Guilford Mutual Insurance Company reported a surplus of $46K with revenue exceeding expenses, holds 29.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Thompson And Guilford Mutual Insurance Company's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +34.5% | +3.1% |
| 2022 | +5.8% | -14.1% | +9.9% |
| 2021 | -0.5% | +50.1% | +2.0% |
| 2020 | -22.5% | -39.2% | +18.5% |
| 2019 | +34.2% | +31.1% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thompson And Guilford Mutual Insurance Company 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 Thompson And Guilford Mutual Insurance Company 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
Frequently Asked Questions about Thompson And Guilford Mutual Insurance Company
Is Thompson And Guilford Mutual Insurance Company a legitimate charity?
Thompson And Guilford Mutual Insurance Company (EIN: 366110284) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $795K. No red flags identified. Financial health grade: A.
How does Thompson And Guilford Mutual Insurance Company spend its money?
Thompson And Guilford Mutual Insurance Company reported $795K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Thompson And Guilford Mutual Insurance Company tax-deductible?
Thompson And Guilford Mutual Insurance Company is registered as a tax-exempt nonprofit (EIN: 366110284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thompson And Guilford Mutual Insurance Company located?
Thompson And Guilford Mutual Insurance Company is headquartered in Scales Mound, Illinois and files with the IRS under EIN 366110284.
How many years of IRS 990 filings does Thompson And Guilford Mutual Insurance Company have?
Thompson And Guilford Mutual Insurance Company 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 $795K in total revenue.
Filing History
IRS 990 filing history for Thompson And Guilford Mutual Insurance Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thompson And Guilford Mutual Insurance Company's revenue has grown by 52.5%, moving from $431K to $657K. Total assets increased by 184.1% over the same period, from $534K to $1.5M. Total functional expenses rose by 57.7%, from $388K to $611K. In its most recent filing year (2023), Thompson And Guilford Mutual Insurance Company reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $657K | $611K | $1.5M | $0 | — | View 990 |
| 2022 | $587K | $454K | $1.5M | $0 | — | View 990 |
| 2021 | $555K | $529K | $1.3M | $0 | — | — |
| 2020 | $558K | $352K | $1.3M | $0 | — | — |
| 2019 | $720K | $580K | $1.1M | $0 | — | View 990 |
| 2018 | $536K | $442K | $969K | $0 | — | View 990 |
| 2017 | $520K | $719K | $875K | $0 | — | View 990 |
| 2016 | $488K | $453K | $795K | $0 | — | View 990 |
| 2015 | $456K | $694K | $760K | $0 | — | View 990 |
| 2014 | $450K | $391K | $717K | $0 | — | View 990 |
| 2013 | $452K | $389K | $659K | $0 | — | View 990 |
| 2012 | $433K | $372K | $596K | $0 | — | View 990 |
| 2011 | $431K | $388K | $534K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $657K, expenses of $611K, and assets of $1.5M (revenue +11.9% year-over-year).
- 2022: Revenue of $587K, expenses of $454K, and assets of $1.5M (revenue +5.8% year-over-year).
- 2021: Revenue of $555K, expenses of $529K, and assets of $1.3M (revenue -0.5% year-over-year).
- 2020: Revenue of $558K, expenses of $352K, and assets of $1.3M (revenue -22.5% year-over-year).
- 2019: Revenue of $720K, expenses of $580K, and assets of $1.1M (revenue +34.2% year-over-year).
- 2018: Revenue of $536K, expenses of $442K, and assets of $969K (revenue +3.2% year-over-year).
- 2017: Revenue of $520K, expenses of $719K, and assets of $875K (revenue +6.6% year-over-year).
- 2016: Revenue of $488K, expenses of $453K, and assets of $795K (revenue +6.9% year-over-year).
- 2015: Revenue of $456K, expenses of $694K, and assets of $760K (revenue +1.3% year-over-year).
- 2014: Revenue of $450K, expenses of $391K, and assets of $717K (revenue -0.4% year-over-year).
- 2013: Revenue of $452K, expenses of $389K, and assets of $659K (revenue +4.2% year-over-year).
- 2012: Revenue of $433K, expenses of $372K, and assets of $596K (revenue +0.6% year-over-year).
- 2011: Revenue of $431K, expenses of $388K, and assets of $534K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thompson And Guilford Mutual Insurance Company:
Data Sources and Methodology
This transparency report for Thompson And Guilford Mutual 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.