National Crop Insurance Services Inc
Nonprofit profile at a glance
- EIN
- 481066701
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Overland Park, KS, USA
- Phone
- 9136852767
- Rating confidence
- Limited
Reported finances
- Revenue
- $13,306,656
- Expenses
- $13,068,152
- Assets
- $18,701,451
- Liabilities
- $5,246,495
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- THOMAS ZACHARIAS (PRESIDENT)
Highest reported compensation
- THOMAS ZACHARIAS (PRESIDENT): $509,425 total reported compensation
- SHERRI SCHARFF (EXECUTIVE VP OF MEMBER SER): $369,400 total reported compensation
- JAY SOUTH (CHIEF ACTUARY): $353,537 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ncis is a non-profit corporation established to deliver information services and products to member companies in order to provide risk management to those who grow crops or are exposed to weather perils. These services include accumulating, tabulating, and analyzing relevant statistics.
What it reported doing in 2024
Crop insurance research and loss adjustment procedure evaluation; 16 crop insurance research projects in 13 locations. Eighteen regional/state committees. Adjuster training; crop insurance workshops and schools.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 47
- Accountability: 100
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 4th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.8%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 1.43; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 17.1%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.3% per year; rating input score 100; 9th percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $509K · 18 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $270K reported
- Consistency: 12 of 12 current checks pass
- Schedules: 5 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.