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Alabama · Nonprofit

ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION

ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION (Alabama) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being PROTECTIVE LIFE FOUNDATION ($10,000). 1 of them have funded it in more than one year.

Revenue FY2024
$126k
Funders on record
1
Grants received
$10k
Net assets
$227k
1/1 repeat funderspeak grant-dependency 4%
01What it does

What Alabama Insurance & Risk Management Education Foundation does

Mission

To provide valuable insurance information to professionals in our area.

As stated on its FY2024 Form 990-EZ.

Program

  1. The foundation's annual alabama insurance day (I-day) provides the latest information and education pertinent to the insurance industry. Any profits from the event provide scholarships and other benefits to students enrolled in insurance & financial services, risk management, and actuarial science programs at the university of alabama.

    $81,343 spent
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $81,343.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($138k) Expenses 100 ($79k) Net assets 100 ($101k)2018 Revenue 101 ($139k) Expenses 109 ($86k) Net assets 152 ($154k)2019 Revenue 97 ($134k) Expenses 213 ($169k) Net assets 117 ($119k)2020 Revenue 66 ($91k) Expenses 85 ($67k) Net assets 141 ($143k)2021 Revenue 94 ($129k) Expenses 134 ($106k) Net assets 164 ($166k)2022 Revenue 94 ($129k) Expenses 128 ($101k) Net assets 192 ($194k)2023 Revenue 102 ($140k) Expenses 130 ($103k) Net assets 228 ($231k)2024 Revenue 92 ($126k) Expenses 164 ($130k) Net assets 224 ($227k)
'17'18'19'20'21'22'23'24
Revenue (92)Expenses (164)Net assets (224)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $104k to $155k (+50%).

$104k
$155k
$121k
$143k
$168k
$194k
$233k
$241k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

81% of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$58k
’17
$52k
’18
−$35k
’19
$24k
’20
$23k
’21
$28k
’22
$37k
’23
−$4k
’24

Leadership and staff

Board chair

C Dennis Hughes

Chairman

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income held at $5k.

Funder
'19
'21
total
funders
1
1

From the IRS filings of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION's grant income comes from Alabama funders.

AL

In-state vs out-of-state, by year

’19
’21
Alabama out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION receives grants from 1 organization whose IRS filings report $10k to it.

Operating margin−3% · below the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Alabama

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

AL

Screen this organization

A dated, signed PDF of the compliance screen for ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION?
ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION (Alabama) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being PROTECTIVE LIFE FOUNDATION ($10,000). 1 of them have funded it in more than one year.
How many funders does ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION have?
IRS filings report 1 organization giving $10,000 in grants to ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION?
PROTECTIVE LIFE FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alabama. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Alabama Insurance & Risk Management Education →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing