Westran Insurance Scholarship Foundation
Nonprofit profile at a glance
- EIN
- 382945605
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Ann Arbor, MI, USA
- Phone
- 5172651890
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $63,954
- Expenses
- $61,449
- Assets
- $324,633
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- PAMELA EMMENDORFER (CHAIR)
- PAUL ANDERSON (VICE CHAIR)
- MICHAEL KAPNICK (TREASURER)
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 organization has been established to award individual scholarships to undergraduate students pursuing an insurance career. The individual must show a need for the scholarship. Grade point average and community insurance industry involvement are also considered.
What it reported doing in 2025
The organization provided scholarships for students pursuing college degrees in insurance-related programs.
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.1%; rating input score 92
- Program expense ratio: 94.4%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.9%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 5.28; rating input score 84; 84th 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: 2.4% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 92.1% of revenue deployed · 94.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $58K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Sustainability: Operating margin scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.