Insurance Premium Finance Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,500 | 12,063 | 4,437 | 63.3 | — |
| 2021 | 20,000 | 3,536 | 16,464 | 271.8 | — |
| 2022 | 18,500 | 17,463 | 1,037 | 55.8 | — |
| 2023 | 17,000 | 19,316 | −2,316 | 49.0 | — |
In its most recent public year (2023), this organization spent $2,316 more than it brought in. Its reserves stood at about 49 months of spending, down from 63.3 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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