I S T A Insurance Trust
501(c)(9)
Only null% goes to programs Thin reserves
I S T A Insurance Trust is a 501(c)(9) organization based in Indianapolis, Indiana, registered in 1988, with $41,610 in FY2023 revenue. CharityIndex grades it F.
150 W Market St Ste 900, Indianapolis, IN, 46204 EIN 31-1151545 Since 1988
Revenue (FY2023)
$42K
▲ 10.2% vs prior year
Expenses (FY2023)
$759K
Net assets
-$57.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I S T A Insurance Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -1723% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I S T A Insurance Trust: 0 mo reserves · -1723% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I S T A Insurance Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I S T A Insurance Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 150 W Market St Ste 900, Indianapolis, IN, 46204
- City
- Indianapolis
- State
- Indiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $280K (FY2013) to $42K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $58.8MNet assets -$57.7M
Operating margin
-1723.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$58.8M
Net assets
-$57.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $41,610▲10.2% | $758,591▲327% | -$57,683,986▼1.3% | $1,095,665▼23.6% | 990 |
| 2022 | $37,763▲118% | $177,669▲25.3% | -$56,967,005▼0.2% | $1,434,614▼20.2% | 990 |
| 2021 | -$215,100▼422% | $141,747▼1.7% | -$56,827,492▼0.7% | $1,796,917▼16.8% | 990 |
| 2020 | -$41,208▼124% | $144,216▼66.5% | -$56,426,085▼0.2% | $2,159,524▼19.8% | 990 |
| 2019 | $169,771▲18.7% | $430,627▲16.7% | -$56,295,474▼0.7% | $2,693,765▼20.0% | 990 |
| 2018 | $143,080▼62.6% | $369,106▲12.6% | -$55,876,554▼0.6% | $3,368,015▼14.1% | 990 |
| 2017 | $382,334▲30.1% | $327,692▼63.6% | -$55,562,580▼0.5% | $3,918,974▼18.3% | 990 |
| 2016 | $293,956▼22.0% | $900,890▲131% | -$55,301,836▼1.5% | $4,798,853▼10.4% | 990 |
| 2015 | $376,991▼42.6% | $389,356▼18.5% | -$54,507,285▼0.9% | $5,358,472▼19.0% | 990 |
| 2014 | $656,336▲135% | $477,823▼93.6% | -$54,011,689▼0.2% | $6,611,516▼19.7% | 990 |
| 2013 | $279,790 | $7,450,881▲814% | -$53,930,426▼14.6% | $8,232,212▼61.8% | 990 |
| 2012 | — | $815,399▼78.5% | -$47,057,281▼0.7% | $21,545,582▲2.8% | 990 |
| 2011 | — | $3,800,565▼41.6% | -$46,745,518▲2.6% | $20,966,625▲29.0% | 990 |
| 2010 | — | $6,505,371▲37.4% | -$47,994,356▼10.3% | $16,259,430▲14.8% | 990 |
| 2009 | — | $4,733,853 | -$43,520,710 | $14,157,983 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is I S T A Insurance Trust a legitimate nonprofit?
- Yes. I S T A Insurance Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 31-1151545, based in Indianapolis, Indiana.
- What is I S T A Insurance Trust's EIN?
- I S T A Insurance Trust's Employer Identification Number (EIN) is 31-1151545.
- How much revenue does I S T A Insurance Trust report?
- I S T A Insurance Trust reported $41,610 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does I S T A Insurance Trust have?
- CharityIndex grades I S T A Insurance Trust F, based on financial health (reserves and operating margin).
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Data for I S T A Insurance Trust (EIN 31-1151545) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.