Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
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
3rd percentile
Higher net margin than 3% 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
4th percentile
Faster asset growth than 4% 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
Net Assets
Down$2,473,563
Down $631,467 (-20%) from 2023
Liabilities
Down$22,695
Down $359,654 (-94%) 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
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 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.