National African-American Insurance Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 161,022 | 181,498 | −20,476 | 1.4 | 0% |
| 2011 | 204,054 | 150,328 | 53,726 | 6.0 | 0% |
| 2012 | 196,690 | 215,585 | −18,895 | 3.1 | 0% |
| 2013 | 194,242 | 234,897 | −40,655 | 0.8 | — |
| 2014 | 231,921 | 179,903 | 52,018 | 4.5 | 0% |
| 2015 | 242,185 | 214,159 | 28,026 | 5.3 | 15% |
| 2016 | 258,625 | 184,741 | 73,884 | 11.0 | 38% |
| 2017 | 402,910 | 363,685 | 39,225 | 5.5 | 23% |
| 2018 | 458,608 | 359,323 | 99,285 | 8.9 | 27% |
| 2019 | 558,304 | 516,895 | 41,409 | 7.1 | 22% |
| 2020 | 694,816 | 419,799 | 275,017 | 16.6 | 35% |
| 2021 | 1,410,269 | 635,574 | 774,695 | 25.6 | 0% |
| 2022 | 1,826,471 | 1,401,660 | 424,811 | 15.3 | 3% |
In its most recent public year (2022), this organization brought in $424,811 more than it spent. Its reserves stood at about 15.3 months of spending, up from 1.4 in 2010. Staff pay was 3% of spending.
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 2022. 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
National African-American Insurance Association's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works