County Risk Services INC

Not tax-deductible

Montgomery, AL501(c)(4)Since 2018Human ServicesEIN 83-0814426

The organization's purpose is the provision of administrative, claims and risk management services on behalf of the association of county commissions of alabama self-insurers fund and the association of county commissions of alabama liability self-insurance fund, INC. In montgomery, alabama. The aforementioned funds are nonprofit organizations providing self-insured workers compensation and liability insurance protection for their members. Members of the funds are composed of counties of the state of alabama that have pooled resources and funds to provide the insurance converage.

92¢ of each $1 spent went to programs.
$140K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $103K a year · 2% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$140K
to officers and key staff · 2% of spending
Top officer’s pay higher than 67% of similar orgs
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.7M
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.7M
+19% vs prior year
Spent
$6.6M
To programs
92%
Net assets
$892K
By yearFY2020–FY2024
Revenue
$6.7M
FY2024▲ +19%
Revenue by fiscal year
FY2020$5.6M
FY2021$4.9M
FY2022$5.3M
FY2023$5.7M
FY2024$6.7M
Expenses
$6.6M
FY2024▲ +19%
Expenses by fiscal year
FY2020$5.3M
FY2021$4.9M
FY2022$5.3M
FY2023$5.6M
FY2024$6.6M
Net assets
$892K
FY2024▲ +14%
Net assets by fiscal year
FY2020$659K
FY2021$671K
FY2022$691K
FY2023$781K
FY2024$892K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $6.1M Management & general 8% · $562K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990; $140K paid to officers and key staff.

Part VII, Section A · reportable compensation
$139,873Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Mary Kay Fraze’s $140K as Vice Pres is at the 67th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mary Kay Fraze$139,873$133,689$115,338$117,408$97,368
Mark Macon————$108,901
Marcia Collier——$67,316$67,187—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See County Risk Services INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides administrative, claims, and risk management services for Alabama county self-insurance funds.

Provided by the organization

This section is blank until County Risk Services INC claims this page.

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2 program services account for $6.1M of program spending, described in the organization's own filed words · FY2024.
01

Claims Services

Professional claims services for the funds in accordance with accepted claims handling standards.

$5.6Mprogram expense
02

Risk Management Services

Comprehensive risk management services on a regular basis in accordance with accepted risk management standards.

$459Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.7M
Ln 12
Fees for servicesLn 2g$6.7M
Investment incomeLn 3$6K
Money outPt IX
$6.6M
Ln 25
Programscol B$6.1M
Managementcol C$562K
Owns and owesPt X
$892K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.6M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$6.7M
Investment incomeLn 3$6K
Total revenueLn 12$6.7M
Assets in detailPt X, end of year
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$348K
Other assetsLn 15$1.1M
Total assetsLn 16$2.6M
LiabilitiesLn 26$1.7M
Net assetsLn 32$892K
OperationsPt I, VI
EmployeesI 523
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$939K$1.1M
Land, buildings, equipmentLn 10c$355K$348K
Total assetsLn 16$2.6M$2.6M
LiabilitiesLn 26$1.8M$1.7M
Net assetsLn 32$781K$892K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$2.0M$1.7M$286K
Other employee benefitsLn 9$276K$236K$40K
Payroll taxesLn 10$144K$124K$21K
Accounting feesLn 11c$151K$130K$22K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$29K$29K
OccupancyLn 16$139K$119K$20K
TravelLn 17$36K$31K$5K
InterestLn 20$3$3
Depreciation, depletion and amortizationLn 22$43K$43K
InsuranceLn 23$58K$49K$8K
Other expenses (24a–d)Ln 24$3.6M$3.6M$34K
All other expensesLn 24e$102K$59K$43K
Total functional expensesLn 25$6.6M$6.1M$562K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $6.7M$6.6M$111K$892K 990 PDF
FY2023 $5.7M$5.6M$91K$781K 990 PDF
FY2022 $5.3M$5.3M$20K$691K 990 PDF
FY2021 $4.9M$4.9M$12K$671K 990 PDF
FY2020 $5.6M$5.3M$284K$659K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $6,724,048 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,717,939$6,717,939
VIII-3 Investment incomeExcluded from tax $6,109$6,109
VIII-12 Total revenueRelated to mission $6,717,939 · Excluded from tax $6,109$6,724,048
Part IX · Statement of functional expenses $6,613,461 across 13 lines filed
IX-7 Other salaries and wagesPrograms $1,694,320 · Management $286,183$1,980,503
IX-9 Other employee benefitsPrograms $236,176 · Management $39,892$276,068
IX-10 Payroll taxesPrograms $123,534 · Management $20,866$144,400
IX-11c Accounting feesPrograms $129,562 · Management $21,884$151,446
IX-12 Advertising and promotionManagement $10,194$10,194
IX-13 Office expensesManagement $28,587$28,587
IX-16 OccupancyPrograms $118,995 · Management $20,099$139,094
IX-17 TravelPrograms $31,128 · Management $5,258$36,386
IX-20 InterestManagement $3$3
IX-22 Depreciation, depletion and amortizationManagement $43,300$43,300
IX-23 InsurancePrograms $49,234 · Management $8,316$57,550
IX-24 Other expenses (24a–d)Programs $3,609,851 · Management $33,726$3,643,577
IX-24e All other expensesPrograms $59,106 · Management $43,247$102,353
IX-25 Total functional expensesPrograms $6,051,906 · Management $561,555 · Fundraising $0$6,613,461
Part X · Balance sheet $2,612,594 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $938,842$1,054,504
X-9 Prepaid expenses and deferred chargesStart of year $43,361$74,594
X-10c Land, buildings and equipment, netStart of year $355,325$348,290
X-15 Other assetsStart of year $1,262,247$1,135,206
X-16 Total assetsStart of year $2,599,775$2,612,594
X-17 Accounts payable and accrued expensesStart of year $1,040,449$1,044,432
X-25 Other liabilitiesStart of year $778,102$676,351
X-26 Total liabilitiesStart of year $1,818,551$1,720,783
X-32 Total net assets or fund balancesStart of year $781,224$891,811
X-33 Total liabilities and net assetsStart of year $2,599,775$2,612,594
Part XI · Reconciliation of net assets $891,811 net assets at year end
XI-1 Total revenue$6,724,048
XI-2 Total expenses$6,613,461
XI-3 Revenue less expenses$110,587
XI-4 Net assets at start of year$781,224
XI-10 Net assets at end of year$891,811

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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