Texas Life and Health Insurance Guaranty Association
Nonprofit profile at a glance
- EIN
- 746252674
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Austin, TX, US
- Phone
- +1 (512) 476-5101
- Rating confidence
- Limited
Reported finances
- Revenue
- $40,178,992
- Expenses
- $7,030,201
- Assets
- $142,318,980
- Liabilities
- $35,288,224
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- BART A BOLES (EXECUTIVE DIRECTOR)
Highest reported compensation
- BART A BOLES (EXECUTIVE DIRECTOR): $343,314 total reported compensation
- JARRETT TERRY (CONTROLLER): $176,630 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Texas Life and Health Insurance Guaranty Association is a non-profit legal entity that provides protection, subject to certain limits in Texas law, for life, health, and annuity policies owned by Texas residents if a member company is found to be insolvent and is ordered liquidated by a court.
What it reported doing in 2025
Texas life and health insurance guaranty association provides protection to Texas policy holders in the event their insurance company becomes insolvent.
Operating model
- Revenue model
- Earned-program. 88% 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: 93
- Accountability: 100
- Sustainability: 83
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th 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: 82.5%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 20.24; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 7.4%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 10.3% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: -6.6% per year; rating input score 0; 1st percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $343K · 9 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $120K reported
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 8 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 2 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 — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.