Kentucky Grp Self-insurance Guaranty Fund
501(c)(6)
Only null% goes to programs Thin reserves Growing revenue
Kentucky Grp Self-insurance Guaranty Fund is a 501(c)(6) organization based in Louisville, Kentucky, registered in 1998, with $1,080,847 in FY2024 revenue. CharityIndex grades it F.
Po Box 22989, Louisville, KY, 40252 EIN 31-1510071 Since 1998
Revenue (FY2024)
$1.1M
▼ 8.3% vs prior year
Expenses (FY2024)
$1.3M
Net assets
-$12.9M
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 Kentucky Grp Self-insurance Guaranty Fund— 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 · -19% 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 Kentucky Grp Self-insurance Guaranty Fund: 0 mo reserves · -19% 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 Kentucky Grp Self-insurance Guaranty Fund— 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 Kentucky Grp Self-insurance Guaranty Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 22989, Louisville, KY, 40252
- City
- Louisville
- State
- Kentucky
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $48K (FY2009) to $1.1M (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $14.6MNet assets -$12.9M
Operating margin
-18.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$14.6M
Net assets
-$12.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,080,847▼8.3% | $1,283,621▲0.4% | -$12,906,675▲5.0% | $1,694,741▼5.7% | 990 |
| 2023 | $1,178,611▼42.7% | $1,277,982▲8.9% | -$13,592,620▼113% | $1,797,058▼2.7% | 990 |
| 2022 | $2,057,941▲15238% | $1,173,478▲1114% | -$6,382,007▼763% | $1,847,377▲91.9% | 990 |
| 2021 | $13,417▼11.3% | $96,665▲207% | $962,913▼10.6% | $962,913▼10.6% | 990 |
| 2020 | $15,121▼30.6% | $31,532▲29.7% | $1,077,247▼2.6% | $1,077,247▼2.6% | 990 |
| 2019 | $21,802▲37.8% | $24,312▲163% | $1,106,313▲1.5% | $1,106,313▲1.5% | 990 |
| 2018 | $15,823▲13.0% | $9,250▼55.0% | $1,090,373▲2.6% | $1,090,373▲2.6% | 990 |
| 2017 | $13,999▲50.5% | $20,564▲128% | $1,063,207▼1.9% | $1,063,207▼1.9% | 990 |
| 2016 | $9,303▼35.0% | $9,036▲0.1% | $1,083,888▼1.0% | $1,083,888▼1.0% | 990 |
| 2015 | $14,314▼49.7% | $9,030▲3.1% | $1,094,741▲1.3% | $1,094,741▲1.3% | 990 |
| 2014 | $28,464▼21.9% | $8,755▲27.8% | $1,080,209▲0.8% | $1,080,209▲0.8% | 990 |
| 2013 | $36,450 | $6,850▲88.3% | $1,071,439▲3.3% | $1,071,439▲3.3% | 990 |
| 2012 | — | $3,638▼19.2% | $1,037,271▼1.5% | $1,037,271▼1.5% | 990 |
| 2011 | — | $4,500▲5.9% | $1,052,676▲0.1% | $1,052,676▲0.1% | 990 |
| 2010 | — | $4,250▼70.6% | $1,051,746▲4.1% | $1,051,746▲4.1% | 990 |
| 2009 | $48,447 | $14,480 | $1,010,258 | $1,010,258 | 990EZ |
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 Kentucky Grp Self-insurance Guaranty Fund a legitimate nonprofit?
- Yes. Kentucky Grp Self-insurance Guaranty Fund is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 31-1510071, based in Louisville, Kentucky.
- What is Kentucky Grp Self-insurance Guaranty Fund's EIN?
- Kentucky Grp Self-insurance Guaranty Fund's Employer Identification Number (EIN) is 31-1510071.
- How much revenue does Kentucky Grp Self-insurance Guaranty Fund report?
- Kentucky Grp Self-insurance Guaranty Fund reported $1,080,847 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Kentucky Grp Self-insurance Guaranty Fund have?
- CharityIndex grades Kentucky Grp Self-insurance Guaranty Fund F, based on financial health (reserves and operating margin).
More nonprofits in Louisville
Explore more
Data for Kentucky Grp Self-insurance Guaranty Fund (EIN 31-1510071) 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.