nonprofit · EIN 87-0189237 · UT
How much does Educators Mutual Insurance Association of Utah raise and spend?
Educators Mutual Insurance Association of Utah (UT, EIN 87-0189237) reported $62.4M in revenue and $45.9M in expenses for tax year 2024, with $200.9M in net assets (52.5 months of reserves). By expenses that ranks 5,112 of 391,588 e-filers, 25 of 2,418 nonprofits in utah.
What stands out
Educators Mutual Insurance Association of Utah (UT, EIN 87-0189237) reported $62.4M in revenue and $45.9M in expenses for tax year 2024, with $200.9M in net assets (52.5 months of reserves). By expenses that ranks 5,112 of 391,588 e-filers, 25 of 2,418 nonprofits in utah. Against nonprofits with $10M-$100M in expenses: months of reserves 52.5 months, above the peer median of 9.5 months; officer compensation share of expenses 2.2%, below the peer median of 2.6%; contributions share of revenue 0.0%, below the peer median of 12.5%; surplus margin 26.4%, above the peer median of 2.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $62.4M | — | $21.4M | $198.5k |
| Total expenses | $45.9M | — | $20.3M | $179.6k |
| Total assets | $239.5M | — | $29.5M | $761.5k |
| Net assets | $200.9M | — | $17.4M | $615.1k |
| Officer compensation (total per organisation) | $1.0M | — | $625.8k | $114.3k |
| Program service revenue share | 92.5% | — | 73.7% | 13.4% |
| Contributions share of revenue | 0.0% | — | 12.5% | 55.6% |
| Officer compensation share of expenses | 2.2% | — | 2.6% | 6.6% |
| Months of reserves | 52.5 months | — | 9.5 months | 12.4 months |
| Surplus margin | 26.4% | — | 2.1% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $62.4M | $45.9M | $200.9M | 52.5 months | $1.0M | 5,112 |
| 2023 | $58.1M | $54.3M | $174.2M | 38.5 months | $938.5k | 7,303 |
| 2022 | $52.2M | $39.4M | $172.5M | 52.5 months | $846.2k | 8,746 |
| 2020 | $81.6M | $70.1M | $147.1M | 25.2 months | $1.8M | 4,944 |
| 2019 | $89.9M | $75.8M | $121.5M | 19.2 months | $1.1M | 4,420 |
| 2018 | $93.3M | $82.5M | $99.7M | 14.5 months | $764.8k | 3,853 |
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