Mississippi Life And Health Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,010,022 | 2,346,505 | 663,517 | 115.5 | 9% |
| 2012 | 848,277 | 4,621,165 | −3,772,888 | 48.9 | 4% |
| 2013 | 1,456,720 | 1,075,286 | 381,434 | 214.2 | 19% |
| 2014 | 10,887,371 | 1,839,249 | 9,048,122 | 184.3 | 12% |
| 2015 | 444,829 | 786,344 | −341,515 | 425.8 | 29% |
| 2016 | 1,911,281 | 951,874 | 959,407 | 363.9 | 22% |
| 2017 | 7,220,283 | 13,923,799 | −6,703,516 | 19.1 | 2% |
| 2018 | 2,473,893 | 613,746 | 1,860,147 | 469.6 | 42% |
| 2019 | 6,319,281 | 953,016 | 5,366,265 | 370.0 | 26% |
| 2020 | 5,956,221 | 1,852,346 | 4,103,875 | 217.0 | 15% |
| 2021 | 1,692,715 | 2,175,344 | −482,629 | 182.1 | 12% |
| 2022 | 2,194,755 | 1,283,167 | 911,588 | 317.2 | 20% |
| 2023 | 2,991,941 | 1,900,606 | 1,091,335 | 221.0 | 14% |
In its most recent public year (2023), this organization brought in $1,091,335 more than it spent. Its reserves stood at about 221 months of spending, up from 115.5 in 2011. Staff pay was 14% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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