Academic Partners Insurance Company
Academic Partners Insurance Company reported $31.8 million in revenue and $26.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.15 went to program services, $1.85 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.1% of the total. The highest compensation it reported for one person was $1,131,870 (DIRECTOR). Revenue rose 85% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $26MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $32MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.9% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 85.1% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,131,870 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.34% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 of 5 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseAcademic Partners Insurance Company provides coverage to medical professionals and related hospital entities of the university of oklahoma, a tax-exempt organization. The insurance coverages provided assist the university and hospital system in stabilizing their insurance costs. The university of oklahoma is oklahoma's premier higher education institution, and with its related hospital partner, serves the educational and health care needs of the state and surrounding regions. Academic Partners Insurance Company provides coverage related to liability of faculty physicians, resident physicians…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, officer, 1.0 hrs/week | $0 | $1,060,136 | $71,734 | $1,131,870 |
| MANAGING DIRECTOR Director/trustee, officer, 1.0 hrs/week | $0 | $954,883 | $67,900 | $1,022,783 |
| DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $574,212 | $53,500 | $627,712 |
| DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $535,447 | $46,000 | $581,447 |
| TREASURER Officer, 1.0 hrs/week | $0 | $280,154 | $58,704 | $338,858 |
0 people received more than $100,000 in reportable compensation from Academic Partners Insurance Company (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from Academic Partners Insurance Company's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Academic Partners Insurance Company, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Academic Partners Insurance Company spent in FY2025, $98.15 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Academic Partners Insurance Company's spending goes to programs?
In the fiscal year ending June 30, 2025, Academic Partners Insurance Company reported that 98.1% of its $26.1 million in expenses went to program services, 1.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Academic Partners Insurance Company pay its top executive?
The largest total compensation Academic Partners Insurance Company reported for one person in the fiscal year ending June 30, 2025 was $1,131,870, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Academic Partners Insurance Company get its money?
Of $31.8 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 85.1% from program service revenue (Form 990, Part VIII).
Is Academic Partners Insurance Company a registered charity?
The IRS lists EIN 20-4687937 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601359349308735 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349304283 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431319349303098 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349318385 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349302139 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141379349302304 · read the filing
All filings for EIN 20-4687937: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.