Florida Workers Compensation Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,843,939 | 49,353,904 | −24,509,965 | 39.0 | 1% |
| 2012 | 26,741,521 | 56,648,506 | −29,906,985 | 27.7 | 1% |
| 2013 | 17,507,187 | 39,062,487 | −21,555,300 | 33.5 | 2% |
| 2014 | 18,445,307 | 35,253,308 | −16,808,001 | 31.4 | 2% |
| 2015 | 46,725,877 | 26,357,376 | 20,368,501 | 51.2 | 3% |
| 2016 | 18,524,007 | 24,506,137 | −5,982,130 | 52.2 | 3% |
| 2017 | 15,206,479 | 25,092,144 | −9,885,665 | 46.2 | 3% |
| 2018 | 82,026,974 | 49,261,978 | 32,764,996 | 31.5 | 2% |
| 2019 | 46,138,634 | 37,587,286 | 8,551,348 | 44.1 | 2% |
| 2020 | 34,230,229 | 21,327,247 | 12,902,982 | 84.9 | 4% |
| 2021 | 30,980,706 | 21,102,742 | 9,877,964 | 91.4 | 4% |
| 2022 | 8,796,054 | 16,560,667 | −7,764,613 | 110.9 | 5% |
| 2023 | 7,986,133 | 14,551,893 | −6,565,760 | 120.8 | 4% |
In its most recent public year (2023), this organization spent $6,565,760 more than it brought in. Its reserves stood at about 120.8 months of spending, up from 39 in 2011. Staff pay was 4% 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
Florida Workers Compensation Insurance Guaranty Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works