Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Liabilities / Revenue
44th percentile
Higher debt load relative to revenue than 44% of similar nonprofits.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
44th percentile
Higher top officer pay than 44% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$3,004,655
No earlier filing loaded for comparison.
Net Assets
$2,991,289
No earlier filing loaded for comparison.
Liabilities
$13,366
No earlier filing loaded for comparison.
Revenue
$383,672
No earlier filing loaded for comparison.
Expenses
$50,576
No earlier filing loaded for comparison.
Net Income
$333,096
No earlier filing loaded for comparison.
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 | $2,600,266 | $2,991,289 | ▲ $391,023 |
| Investments in Publicly Traded Securities | $2,314,321 | $2,699,697 | ▲ $385,376 |
| Savings and Temporary Cash Investments | $271,351 | $278,403 | ▲ $7,052 |
| Total Assets | $2,615,632 | $3,004,655 | ▲ $389,023 |
| Other Assets Total | $29,960 | $26,555 | ▼ $3,405 |
| Liabilities | |||
| Other Liabilities | $15,366 | $13,366 | ▼ $2,000 |
| Total Liabilities | $15,366 | $13,366 | ▼ $2,000 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,600,266 | $2,991,289 | ▲ $391,023 |
| Total Liabilities and Net Assets / Fund Balance | $2,615,632 | $3,004,655 | ▲ $389,023 |
| Name | Title |
|---|---|
| John Shackelford Iii | President |
| Frederick H Schneider Iv | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $50,576 |
| 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 Management | - | - | - | $43,260 |
| Fees for Services Other | - | - | - | $7,316 |
| Total Functional Expenses | $0 | $0 | $0 | $50,576 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $50,576 |
| Total Expenses per Audited Statements | $50,576 |
| Total Expenses per Form 990 | $50,576 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Unpaid Loss and Lae | $13,366 |
“The governing board reviews form 990 annually.”
“Documents are available to the public for review from the office of the company.”
“OTHER 7,316 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/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 | 107490 |
| IRS990/CYOtherExpensesAmt | 0 | 50576 |
| IRS990/CYOtherRevenueAmt | 0 | 276182 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 333096 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 50576 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 383672 |
| 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 | 50576 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 43260 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 7316 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.10 |
| 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 | FREDERICK H SCHNEIDER IV |
| 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 | 383672 |
| 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 | 107490 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 107490 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2314321 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2699697 |
| 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 | 2600266 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2991289 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 57927 |
| 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 | 29960 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 26555 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 15366 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 13366 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | PREMIUM INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | UNREAL. GAINS ON EQUITY |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 257040 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 19142 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 257040 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 19142 |
| IRS990/OtherRevenueTotalAmt | 0 | 276182 |
| 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 | 80624 |
| IRS990/PYOtherExpensesAmt | 0 | 47371 |
| IRS990/PYOtherRevenueAmt | 0 | 331276 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 364529 |
| IRS990/PYTotalExpensesAmt | 0 | 47371 |
| IRS990/PYTotalRevenueAmt | 0 | 411900 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 333096 |
| 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 | 383672 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 2600266 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 2991289 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 271351 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 278403 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 50576 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 13366 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | UNPAID LOSS AND LAE |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 383672 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 50576 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 13366 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 383672 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 383672 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 50576 |
| 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 7,316 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 | 2615632 |
| IRS990/TotalAssetsEOYAmt | 0 | 3004655 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2615632 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3004655 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 50576 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 15366 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 13366 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 15366 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 13366 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2600266 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2991289 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 50576 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 383672 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 383672 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2615632 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3004655 |
| 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 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FREDERICK H SCHNEIDER IV |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3185378387 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAC ASSURANCE LTD |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LACA |
| ReturnHeader/Filer/EIN | 0 | 464310313 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1635 N GREENFIELD ROAD SUITE 127 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MESA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85205 |
| 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 | 2021-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM L SHORES |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T12:06:15-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | FREDRICK |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SCHNEIDER IV |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.