Southwest Professional Indemnity Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 52,267 | 165,186 | −112,919 | 60.0 | 35% |
| 2012 | 110,249 | 94,303 | 15,946 | 110.5 | 0% |
| 2013 | 114,757 | 127,691 | −12,934 | 81.3 | 49% |
| 2014 | 82,333 | 144,614 | −62,281 | 64.6 | 56% |
| 2015 | 106,141 | 160,492 | −54,351 | 50.1 | 30% |
| 2016 | 76,645 | 92,272 | −15,627 | 81.5 | 29% |
| 2017 | 76,487 | 102,202 | −25,715 | 63.1 | 60% |
| 2018 | 96,251 | 101,179 | −4,928 | 61.1 | 59% |
| 2019 | 119,977 | 94,235 | 25,742 | 61.0 | 62% |
| 2020 | 77,176 | 76,240 | 936 | 76.6 | 53% |
| 2021 | 70,153 | 76,361 | −6,208 | 74.1 | 51% |
| 2022 | 62,286 | 76,749 | −14,463 | 61.2 | 0% |
| 2023 | 67,963 | 79,722 | −11,759 | 51.3 | 0% |
In its most recent public year (2023), this organization spent $11,759 more than it brought in. Its reserves stood at about 51.3 months of spending, down from 60 in 2011. Staff pay was 0% 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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