Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Academic Physicians Insurance Company
EIN 20-4687937 • 501(c)3 • Colchester, VT
Profile
The company is organized and operated for the exclusive purpose of supporting (see schedule o) the university of oklahoma's academic, educational, research, clinical care, and indigent care missions. Accordingly, its services are limited to providing medical professional liability insurance coverage and related services to the university's medical professionals.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.81x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Balance Sheet
Assets
Up$112,206,115
Up $37,657,928 (+51%) from 2023
Liabilities
Up$91,257,074
Up $30,555,811 (+50%) from 2023
Net Assets
Up$20,949,041
Up $7,102,117 (+51%) from 2023
Revenue
Up$25,235,857
Up $9,959,832 (+65%) from 2023
Expenses
Down$20,566,139
Down $199,490 (-1.0%) from 2023
Net Income
Up$4,669,718
Up $10,159,322 (+185%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $112,206,115
- Liabilities
- $91,257,074
- Net assets
- $20,949,041
- Revenue
- $25,235,857
- Expenses
- $20,566,139
- Net income
- $4,669,718
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- May 13, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $36,695,082
Mission and Program Overview
Mission
The company is organized and operated for the exclusive purpose of supporting the university of oklahoma's academic, educational, research, clinical care, and indigent care missions. Accordingly, its services are limited to providing medical professional liability insurance coverage and related services to the university's medical professionals.
The organization supports the university of oklahoma & affiliated entities.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $50,508,279 | $65,577,364 | ▲ $15,069,085 |
| Rtn Earn Endowment Incm Other Fnds | $13,846,924 | $20,949,041 | ▲ $7,102,117 |
| Investments Other Securities | $5,733,474 | $7,508,520 | ▲ $1,775,046 |
| Accounts Receivable | $5,425,387 | $6,684,604 | ▲ $1,259,217 |
| Savings and Temporary Cash Investments | $1,469,574 | $3,663,081 | ▲ $2,193,507 |
| Prepaid Expenses and Deferred Charges | $66,364 | $69,857 | ▲ $3,493 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $74,548,187 | $112,206,115 | ▲ $37,657,928 |
| Other Assets Total | $11,345,109 | $28,702,689 | ▲ $17,357,580 |
| Liabilities | |||
| Other Liabilities | $60,357,794 | $90,885,428 | ▲ $30,527,634 |
| Accounts Payable and Accrued Expenses | $343,469 | $371,646 | ▲ $28,177 |
| Total Liabilities | $60,701,263 | $91,257,074 | ▲ $30,555,811 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $13,846,924 | $20,949,041 | ▲ $7,102,117 |
| Total Liabilities and Net Assets / Fund Balance | $74,548,187 | $112,206,115 | ▲ $37,657,928 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $28,430,220 | - | - |
| Other Securities | $7,508,520 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Other | Total |
|---|---|---|---|
| Keri Sconner | Director | $140,805 | $140,805 |
Board Members and Trustees
| Name | Title |
|---|---|
| Karl Rhansen | Chairman |
| Michael Scookson | President |
| Dale Bratzlermd | Director |
| Ian Fdunn | Director |
| James Mwatson | Director |
| Ondria Cgleason | Director |
| Richard Plofgren | Director |
| John Pzubialde | Director Thru 8/31/23 |
| Annika Preiss | Secretary as of 9/1/23 |
| Joan Mhussey | Secretary Thru 7/31/23 |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Marsh Management Services INC | Management | 463 MOUNTAIN VIEW DRIVE SUITE 301, Colchester, VT 05446 | $275,251 |
| Performa Limited | Investment Management | 1080 MORRISON DRIVE, Charleston, SC 29403 | $181,614 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $23,106,002
- Investment Income
- $2,129,855
- Other Revenue
- $0
- Change in Net Assets
- $4,669,718
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $25,065,857
- Revenue Not Reported on Financial Statements
- $170,000
- Revenue Not Reported on Form 990
- $2,432,399
- Total Revenue per Audited Statements
- $27,498,256
- Total Revenue per Form 990
- $25,235,857
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $20,566,139 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $135,815 | $45,272 | - | $181,087 |
| Fees for Service Investment Mgmnt Fees | - | $170,000 | - | $170,000 |
| Fees for Services Other | $46,000 | $75,000 | - | $121,000 |
| Fees for Services Legal | - | $80,691 | - | $80,691 |
| Fees for Services Accounting | - | $45,000 | - | $45,000 |
| Travel | - | $22,169 | - | $22,169 |
| Office Expenses | - | $18,512 | - | $18,512 |
| Other Expenses | $19,831,430 | $1,038 | - | $1,038 |
| Total Functional Expenses | $20,013,245 | $552,894 | $0 | $20,566,139 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $20,566,139 |
| Expenses per Audited Statements | $20,396,139 |
| Total Expenses per Audited Statements | $20,396,139 |
| Expenses Not Reported on Financial Statements | $170,000 |
| Expenses Not Reported on Form 990 | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Incurred But Not Reported Loss Reserves | $51,467,444 |
| Outstanding Loss Reserves(claim Specific) | $39,417,984 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Section A, Line 3
“The organization contracts with marsh captive services to receive specialized insurance and management services. Annika preiss, who serves as secretary and director of the organization, is a senior vice president at marsh captive services.”
Form 990, Part VI, Section A, Line 6
“The organization's sole member is ou medicine, inc. D/b/a ou health, an oklahoma nonprofit corporation.”
Form 990, Part VI, Section A, Line 7A
“Certain board members hold their position as directors of the organization by virtue of their position at the ou health and/or ou health partners. Further, ou health reserves the right of election or appointment of any directors of the corporation (i) other than those who serve ex officio, as designated in article iii, section 2, and (ii) subject to the procedures set forth in article iii, section 3 of the bylaws.”
Form 990, Part VI, Section A, Line 7B
“According the to organization's bylaws, the sole member has the following rights: -the amendment, restatement or repeal of the articles of incorporation of the organization and the bylaws; -the election or appointment of any directors of the organization (i) other than those who serve ex officio, as designated in article iii, section 2, and (ii) subject to the procedures set forth in article iii, section 3; -the merger, consolidation or disposition of all or substantially all of the assets of the organization; -the dissolution, liquidation, or termination of the business of the organization; -a material change in the purposes for which the organization was formed; and -the filing of a voluntary petition under any law having for its purpose the adjudication of the organization as bankrupt or insolvent or the taking of any action with respect to the reorganization or liquidation of the organization.”
Form 990, Part VI, Section B, Line 11B
“The organization provides copy of form 990 to all directors for review prior to filing.”
Form 990, Part VI, Section B, Line 12C
“At each annual meeting, conflict of interest forms are collected from each officer and director of the organization and reviewed for potential conflicts. Directors are reminded that if there are changes during the year, they are responsible to communicate these changes to the board.”
Form 990, Part VI, Section C, Line 19
“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Academic Partners Insurance Company
- EIN
- 20-4687937
- Phone
- 8028645599
- Address
- 463 MOUNTAIN VIEW DRIVE 301, COLCHESTER, VT 05446
Signing Officer
- Name
- Jerome Houizot
- Title
- Treasurer
- Phone
- 8028645599
- Signed
- 2025-05-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Jerome Houizot
- Formed
- 2006
- Legal Domicile
- Vt
- Voting Board Members
- 10
- Independent Board Members
- 0
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Crowe Llp
- Address
- 401 E LAS OLAS BLVD SUITE 1100, FORT LAUDERDALE, FL 33301-4230
- Preparer
- Brittney Kocaj
- Phone
- 9542028600
Supplemental Narrative
Financial Statement Notes
PART X, LINE 2:
“The company accounts for uncertain tax positions in accordance with fasb asc 740 "income taxes", which provides a framework for how companies should recognize, measure, present and disclose uncertain tax positions in the financial statements. The company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The company has no unrecognized tax benefits as of and for the years ended june 30, 2024 and 2023. The company does not believe it is reasonably possible that its unrecognized tax benefits would materially change in the next twelve months. In the event the company is ever subject to federal income taxes, its policy would be to recognize interest and penalties related to income taxes as a component of general and administrative expenses. As of june 30, 2024 and 2023, the company did not record any interest or penalties associated with unrecognized tax benefits. All tax years from fiscal year 2018 and forward are open and subject to examination.”
PART XI, LINE 2D - OTHER ADJUSTMENTS:
“Net realized gains on securities held for sale”
Raw XML AppendixShowing 400 of 656 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 343469 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 371646 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5425387 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 6684604 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATION SUPPORTS THE UNIVERSITY OF OKLAHOMA & AFFILIATED ENTITIES. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JEROME HOUIZOT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8028642742 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 463 MOUNTAIN VIEW DRIVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | COLCHESTER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 05446 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 275251 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 181614 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 463 MOUNTAIN VIEW DRIVE SUITE 301 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 1080 MORRISON DRIVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | COLCHESTER |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | CHARLESTON |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | VT |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | SC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 05446 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 29403 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | MARSH MANAGEMENT SERVICES INC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | PERFORMA LIMITED |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MANAGEMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | INVESTMENT MANAGEMENT |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2129855 |
| IRS990/CYOtherExpensesAmt | 0 | 20566139 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 23106002 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 4669718 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 20566139 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 25235857 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/Desc | 0 | ACADEMIC PARTNERS INSURANCE COMPANY PROVIDES COVERAGE TO MEDICAL PROFESSIONALS AND RELATED HOSPITAL ENTITIES OF THE UNIVERSITY OF OKLAHOMA, A TAX-EXEMPT ORGANIZATION. THE INSURANCE COVERAGES PROVIDED ASSIST THE UNIVERSITY AND HOSPITAL SYSTEM IN STABILIZING THEIR INSURANCE COSTS. THE UNIVERSITY OF OKLAHOMA IS OKLAHOMA'S PREMIER HIGHER EDUCATION INSTITUTION, AND WITH ITS RELATED HOSPITAL PARTNER, SERVES THE EDUCATIONAL AND HEALTH CARE NEEDS OF THE STATE ANDSURROUNDING REGIONS. ACADEMIC PARTNERS INSURANCE COMPANY PROVIDES COVERAGE RELATED TO LIABILITY OF FACULTY PHYSICIANS, RESIDENT PHYSICIANS, MID-LEVELS AND STUDENTS, AS WELL AS A LARGE ACADEMIC HOSPITAL SYSTEM. COSTS ASSOCIATED WITH PROVIDING INSURANCE COVERAGES ARE IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT PURPOSE OF SUPPORTING THE UNIVERSITY OF OKLAHOMA. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 20013245 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 45000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 45000 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 80691 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 80691 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 45272 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 135815 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 181087 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 75000 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 46000 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 121000 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 170000 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 170000 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 23689 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 104222 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 60269 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 116139 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 99048 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 105201 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 11466 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 66870 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 33288 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | IAN FDUNN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MICHAEL SCOOKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JAMES MWATSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOHN PZUBIALDE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KARL RHANSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ONDRIA CGLEASON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | KERI SCONNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JOAN MHUSSEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RICHARD PLOFGREN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DALE BRATZLERMD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | ANNIKA PREISS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 344129 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 943753 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 1098745 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 546876 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 551737 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 488719 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 129339 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 1845986 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 421584 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR THRU 8/31/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | SECRETARY THRU 7/31/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | SECRETARY AS OF 9/1/23 |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 215403 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 11674628 |
| IRS990/GrossReceiptsAmt | 0 | 36695082 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1914452 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1914452 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 5733474 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 7508520 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 50508279 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 65577364 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | VT |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 11459225 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE COMPANY IS ORGANIZED AND OPERATED FOR THE EXCLUSIVE PURPOSE OF SUPPORTING THE UNIVERSITY OF OKLAHOMA'S & ITS' AFFILIATED ENTITIES' ACADEMIC, EDUCATIONAL,RESEARCH, CLINICAL CARE, AND INDIGENT CARE MISSIONS. ACCORDINGLY, ITS' SERVICES ARE LIMITED TO PROVIDING PROFESSIONAL, GENERAL, AND OTHER INSURANCE COVERAGE AND RELATED SERVICES TO THE UNIVERSITY AND ITS' AFFILIATES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 13846924 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 20949041 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 215403 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 215403 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 2432399 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 18512 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 18512 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 11345109 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 28702689 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOSSES AND EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | PREMIUM TAXES |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 95212 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1038 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 19831430 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 19831430 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 95212 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1038 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 60357794 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 90885428 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 66364 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 69857 |
| IRS990/PrincipalOfficerNm | 0 | JEROME HOUIZOT |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 524298 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PREMIUMS EARNED |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 23106002 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 23106002 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 820401 |
| IRS990/PYOtherExpensesAmt | 0 | 20765629 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 14455624 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -5489604 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 20765629 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 15276025 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 4669718 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 23106002 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 13846924 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 20949041 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1469574 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 3663081 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | IN RETURN FOR PREMIUMS PAID FOR INSURANCE COVERAGE, THE ORGANIZATION ADMINISTERS AND PAYS LIABILITY CLAIMS ON BEHALF OF OU MEDICINE. TOTAL NET EARNED PREMIUMS OF ACADEMIC PARTNERS INSURANCE COMPANY FOR THE YEAR ENDED JUNE 30, 2024, WERE $23,106,002 AND TOTAL INCURRED LOSSES AND LOSS ADJUSTMENT EXPENSES FOR SUCH YEAR WERE $19,831,430. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | CONTROL OF APIC, AS WELL AS ITS SUPPORTED ORGANIZATIONS - THE UNIVERSITY OF OKLAHOMA AND OU MEDICINE, INC., IS ULTIMATELY VESTED IN THE STATE OF OKLAHOMA. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART I, LINE 12G - SUPPORTED ORGANIZATION |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | PART IV, SECTION C, LINE 1 - MAJORITY DIRECTOR DETAIL |
| IRS990ScheduleA/MajorityDirTrstSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 2 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 731377584 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 1 | 821883948 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 1 | 3 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | BOARD OF REGENTS OF THE UNIVERSITY OF OKLAHOMA |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 1 | OU MEDICINE INC |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType2Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 170000 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 20396139 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 170000 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 170000 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 2432399 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 272469 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 28430220 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | ACCRUED INTEREST |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | REINSURANCE RECOVERABLE ON UNPAID LOSSES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 39417984 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 51467444 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OUTSTANDING LOSS RESERVES(CLAIM SPECIFIC) |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | INCURRED BUT NOT REPORTED LOSS RESERVES |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 7508520 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | ALTERNATIVE INVESTMENT FUND |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 2432399 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 170000 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 25065857 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE COMPANY ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740 "INCOME TAXES", WHICH PROVIDES A FRAMEWORK FOR HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS. THE COMPANY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE COMPANY HAS NO UNRECOGNIZED TAX BENEFITS AS OF AND FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. THE COMPANY DOES NOT BELIEVE IT IS REASONABLY POSSIBLE THAT ITS UNRECOGNIZED TAX BENEFITS WOULD MATERIALLY CHANGE IN THE NEXT TWELVE MONTHS. IN THE EVENT THE COMPANY IS EVER SUBJECT TO FEDERAL INCOME TAXES, ITS POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAXES AS A COMPONENT OF GENERAL AND ADMINISTRATIVE EXPENSES. AS OF JUNE 30, 2024 AND 2023, THE COMPANY DID NOT RECORD ANY INTEREST OR PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. ALL TAX YEARS FROM FISCAL YEAR 2018 AND FORWARD ARE OPEN AND SUBJECT TO EXAMINATION. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | NET REALIZED GAINS ON SECURITIES HELD FOR SALE |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 28702689 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 7508520 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 20566139 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 90885428 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 25235857 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 27498256 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 20396139 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 5 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 6 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 7 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 5 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 6 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 7 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 420000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 471504 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 552959 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 4 | 277916 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 5 | 47717 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 6 | 81000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 7 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 1389780 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 616012 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.