Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Liabilities / Revenue
49th percentile
Higher debt load relative to revenue than 49% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
46th percentile
Higher top officer pay than 46% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Assets
Up$3,157,503
Up $152,848 (+5.1%) from 2020
Net Assets
Up$3,145,826
Up $154,537 (+5.2%) from 2020
Liabilities
Down$11,677
Down $1,689 (-13%) from 2020
Revenue
Down$311,749
Down $71,923 (-19%) from 2020
Expenses
Up$63,166
Up $12,590 (+25%) from 2020
Net Income
Down$248,583
Down $84,513 (-25%) from 2020
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 | $2,991,289 | $3,145,826 | ▲ $154,537 |
| Investments in Publicly Traded Securities | $2,699,697 | $2,685,583 | ▼ $14,114 |
| Savings and Temporary Cash Investments | $278,403 | $446,679 | ▲ $168,276 |
| Total Assets | $3,004,655 | $3,157,503 | ▲ $152,848 |
| Other Assets Total | $26,555 | $25,241 | ▼ $1,314 |
| Liabilities | |||
| Other Liabilities | $13,366 | $11,677 | ▼ $1,689 |
| Total Liabilities | $13,366 | $11,677 | ▼ $1,689 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,991,289 | $3,145,826 | ▲ $154,537 |
| Total Liabilities and Net Assets / Fund Balance | $3,004,655 | $3,157,503 | ▲ $152,848 |
| Name | Title |
|---|---|
| John Shackelford Iii | President |
| Frederick H Schneider Iv | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $63,166 |
| 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 | - | - | - | $19,906 |
| Total Functional Expenses | $0 | $0 | $0 | $63,166 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $63,166 |
| Total Expenses per Audited Statements | $63,166 |
| Total Expenses per Form 990 | $63,166 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Unpaid Loss and Lae | $11,677 |
“The governing board reviews form 990 annually.”
“Documents are available to the public for review from the office of the company.”
“OTHER 19,906 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 | 87189 |
| IRS990/CYOtherExpensesAmt | 0 | 63166 |
| IRS990/CYOtherRevenueAmt | 0 | 224560 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 248583 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 63166 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 311749 |
| 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 | 63166 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 43260 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 19906 |
| 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 | 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 | 311749 |
| 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 | 87189 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 87189 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2699697 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2685583 |
| 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 | 2991289 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3145826 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -94046 |
| 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 | 26555 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 25241 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 13366 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 11677 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | PREMIUM INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 224560 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 224560 |
| IRS990/OtherRevenueTotalAmt | 0 | 224560 |
| 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 | 107490 |
| IRS990/PYOtherExpensesAmt | 0 | 50576 |
| IRS990/PYOtherRevenueAmt | 0 | 276182 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 333096 |
| IRS990/PYTotalExpensesAmt | 0 | 50576 |
| IRS990/PYTotalRevenueAmt | 0 | 383672 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 248583 |
| 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 | 311749 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 2991289 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 3145826 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 278403 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 446679 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 63166 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 11677 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | UNPAID LOSS AND LAE |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 311749 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 63166 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 11677 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 311749 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 311749 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 63166 |
| 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 19,906 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 | 3004655 |
| IRS990/TotalAssetsEOYAmt | 0 | 3157503 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3004655 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3157503 |
| 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 | 63166 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 13366 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 11677 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 13366 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 11677 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2991289 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 3145826 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 63166 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 311749 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 311749 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3004655 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3157503 |
| 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 | 2022-07-28 |
| 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 | 2022-10-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM L SHORES |
| ReturnHeader/ReturnTs | 0 | 2022-10-17T15:17:28-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | FREDRICK |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SCHNEIDER IV |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.