Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
EIN 46-4310313 • 501(c)15 • Monroe, LA
Profile
The company is a nonpublic insurance organization providing liability coverage to entities affiliated with or owned directly or indirectly by the members of the company.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Liabilities / Revenue
55th percentile
Higher debt load relative to revenue than 55% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
47th percentile
Higher top officer pay than 47% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Assets
Down$2,496,258
Down $991,121 (-28%) from 2023
Liabilities
Down$22,695
Down $359,654 (-94%) from 2023
Net Assets
Down$2,473,563
Down $631,467 (-20%) from 2023
Revenue
Down$411,053
Down $133,051 (-24%) from 2023
Expenses
Up$1,037,793
Up $955,605 (+1163%) from 2023
Net Income
Down-$626,740
Down $1,088,656 (-236%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The company is a nonpublic insurance organization providing liability coverage to entities affiliated with or owned directly or indirectly by the members of the company.
The company is a nonpublic insurance organization providing liability coverage.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $3,105,030 | $2,473,563 | ▼ $631,467 |
| Investments in Publicly Traded Securities | $2,851,221 | $2,162,862 | ▼ $688,359 |
| Savings and Temporary Cash Investments | $606,576 | $307,602 | ▼ $298,974 |
| Total Assets | $3,487,379 | $2,496,258 | ▼ $991,121 |
| Other Assets Total | $29,582 | $25,794 | ▼ $3,788 |
| Liabilities | |||
| Other Liabilities | $371,482 | $16,828 | ▼ $354,654 |
| Accounts Payable and Accrued Expenses | $10,867 | $5,867 | ▼ $5,000 |
| Total Liabilities | $382,349 | $22,695 | ▼ $359,654 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $3,105,030 | $2,473,563 | ▼ $631,467 |
| Total Liabilities and Net Assets / Fund Balance | $3,487,379 | $2,496,258 | ▼ $991,121 |
| Name | Title |
|---|---|
| John Shackelford Iii | President |
| Ted Schneider | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,037,793 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $1,017,793 | - | - | $1,017,793 |
| Fees for Services Management | - | $20,000 | - | $20,000 |
| Total Functional Expenses | $1,017,793 | $20,000 | $0 | $1,037,793 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,037,793 |
| Total Expenses per Audited Statements | $1,037,793 |
| Total Expenses per Form 990 | $1,037,793 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Unpaid Loss and Lae | $16,828 |
“The governing board reviews form 990 annually.”
“Documents are available to the public for review from the office of the company.”
“OTHER 1,017,793 0 0”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 10867 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 5867 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE COMPANY IS A NONPUBLIC INSURANCE ORGANIZATION PROVIDING LIABILITY COVERAGE. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ARTEX RISK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3185378387 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1635 N GREENFIELD ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MESA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 85205 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 87443 |
| IRS990/CYOtherExpensesAmt | 0 | 1037793 |
| IRS990/CYOtherRevenueAmt | 0 | 323610 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -626740 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1037793 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 411053 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | THE COMPANY IS A SMALL, NON-PUBLIC LOCAL INSURANCE ORGANIZATION THAT HAS PROVIDED LIABILITY COVERAGE TO ITS MEMBERS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1037793 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 20000 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 20000 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1017793 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1017793 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JOHN SHACKELFORD III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TED SCHNEIDER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2013 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 411053 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 87443 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 87443 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2851221 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2162862 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileCountryCd | 0 | AV |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE COMPANY IS A NONPUBLIC INSURANCE ORGANIZATION PROVIDING LIABILITY COVERAGE TO ENTITIES AFFILIATED WITH OR OWNED DIRECTLY OR INDIRECTLY BY THE MEMBERS OF THE COMPANY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3105030 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2473563 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -4727 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 29582 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 25794 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 371482 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 16828 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | PREMIUM INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 323610 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 323610 |
| IRS990/OtherRevenueTotalAmt | 0 | 323610 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | JOHN SHACKELFORD III |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 102578 |
| IRS990/PYOtherExpensesAmt | 0 | 82188 |
| IRS990/PYOtherRevenueAmt | 0 | 441526 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 461916 |
| IRS990/PYTotalExpensesAmt | 0 | 82188 |
| IRS990/PYTotalRevenueAmt | 0 | 544104 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -626740 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 411053 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 3105030 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 2473563 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 606576 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 307602 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1037793 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 16828 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | UNPAID LOSS AND LAE |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 411053 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1037793 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 16828 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 411053 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 411053 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1037793 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE GOVERNING BOARD REVIEWS FORM 990 ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DOCUMENTS ARE AVAILABLE TO THE PUBLIC FOR REVIEW FROM THE OFFICE OF THE COMPANY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OTHER 1,017,793 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 3487379 |
| IRS990/TotalAssetsEOYAmt | 0 | 2496258 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3487379 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2496258 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 20000 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1017793 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1037793 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 382349 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 22695 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 382349 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 22695 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3105030 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2473563 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1037793 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 411053 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 411053 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3487379 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2496258 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1635 N GREENFIELD ROAD SUITE 127 |
| IRS990/USAddress/CityNm | 0 | MESA |
| IRS990/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990/USAddress/ZIPCd | 0 | 85205 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TED SCHNEIDER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3185378387 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAC ASSURANCE LTD |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LACA |
| ReturnHeader/Filer/EIN | 0 | 464310313 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2003 TOWER DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MONROE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 71201 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 591788225 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SHORES TAGMAN BUTLER & COMPANY PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 17 S MAGNOLIA AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ORLANDO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 32801 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4078720744 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM L SHORES |
| ReturnHeader/ReturnTs | 0 | 2025-11-14T13:04:23-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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