Surety Association of San Diego
Nonprofit profile at a glance
- EIN
- 330554988
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- San Diego, CA, USA
- Phone
- 5129665659
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $64,136
- Expenses
- $60,499
- Assets
- $19,360
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Amanda Harvey (President)
- Alexander Karaniwan (Vice President)
People named in this filing
- Amanda Harvey (President)
- Alexander Karaniwan (Vice President)
- Alexis Montoya (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Surety Association of San Diego is organized as a membership organization of surety agents, insurance companies and other related businesses with a common business interest in the Greater San Diego area. Its purpose is to: a) educate and inform our members and the community about issues relating to corporate suretyship; b) monitor legislative or other regulatory activity and where appropriate provide input on its ramifications; c) promote to the members and the public an awareness and understanding of the benefits of corporate suretyship; d) improve business conditions relating to corporate suretyship.
What it reported doing in 2025
The association earned a Surety Industry Award from the Surety and Fidelity Association of America and the National Association of Surety Bond Producers for industry advocacy. Association members educated electrical contractors with the National Electrical Contractors Association on the importance of surety bonds, qualifying for and maximizing surety programs, and the differences between bonds and SDI programs. They presented to an audience of commercial real estate professionals about the importance of surety bonds, what they guarantee, different bond types (contract vs. commercial), and the differences between bonds and SDI programs. Members presented "Surety Bonding 101" to 20 owners of small and start-up construction firms at the San Juan College Enterprise Center, a business incubator in Farmington, NM. A similar presentation was given to 40 members of the AGC of California.
Operating model
- Revenue model
- Earned-program. 78% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.3%; rating input score 94
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.7%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 107.1% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 90.3% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 94.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $60K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2025
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Review — Sustainability: Operating margin scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.