Alabama Life & Disability Insurance Guaranty Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,096,610 | 2,763,002 | −1,666,392 | -247.1 | 6% |
| 2011 | 9,154,653 | 3,277,290 | 5,877,363 | -128.7 | 5% |
| 2012 | 1,155,544 | 7,992,797 | −6,837,253 | -57.3 | 2% |
| 2013 | 534,876 | 2,196,619 | −1,661,743 | -246.6 | 7% |
| 2014 | 5,319,338 | 2,190,524 | 3,128,814 | -163.6 | 8% |
| 2015 | 7,773,083 | 1,965,259 | 5,807,824 | -146.8 | 9% |
| 2016 | 525,265 | 1,894,118 | −1,368,853 | -165.3 | 10% |
| 2017 | 1,038,622 | 3,732,838 | −2,694,216 | -89.4 | 5% |
| 2018 | 1,125,920 | 2,010,215 | −884,295 | -162.5 | 10% |
| 2019 | 1,067,253 | 2,016,771 | −949,518 | -165.7 | 10% |
| 2020 | 524,583 | 2,022,404 | −1,497,821 | -165.0 | 10% |
| 2021 | 948,305 | 2,327,528 | −1,379,223 | -277.6 | 9% |
| 2022 | 365,091 | 1,983,466 | −1,618,375 | -437.2 | 11% |
| 2023 | 6,101,619 | 5,805,962 | 295,657 | -182.9 | 4% |
In its most recent public year (2023), this organization brought in $295,657 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-182.9 months), up from -247.1 in 2010. 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
Alabama Life & Disability Insurance Guaranty Assoc'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