Kentucky Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,756,731 | 5,713,750 | 5,042,981 | 88.3 | 6% |
| 2012 | 5,669,592 | 5,352,906 | 316,686 | 94.1 | 7% |
| 2013 | 9,327,354 | 5,998,036 | 3,329,318 | 90.6 | 6% |
| 2014 | 8,446,460 | 9,064,108 | −617,648 | 59.2 | 5% |
| 2015 | 6,902,266 | 6,586,759 | 315,507 | 82.0 | 7% |
| 2016 | 4,110,980 | 6,072,403 | −1,961,423 | 85.0 | 8% |
| 2017 | 4,145,091 | 6,240,449 | −2,095,358 | 78.7 | 8% |
| 2018 | 14,249,762 | 6,397,145 | 7,852,617 | 91.5 | 6% |
| 2019 | 14,013,841 | 5,376,798 | 8,637,043 | 128.2 | 8% |
| 2020 | 6,928,406 | 4,375,974 | 2,552,432 | 164.5 | 10% |
| 2021 | 3,964,156 | 4,538,847 | −574,691 | 157.1 | 10% |
| 2022 | 1,377,031 | 5,038,332 | −3,661,301 | 132.8 | 8% |
| 2023 | 4,610,383 | 5,692,009 | −1,081,626 | 115.2 | 9% |
In its most recent public year (2023), this organization spent $1,081,626 more than it brought in. Its reserves stood at about 115.2 months of spending, up from 88.3 in 2011. Staff pay was 9% 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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