Independent Insurance Agents Of Indiana Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,454,612 | 1,288,681 | 165,931 | 23.7 | 47% |
| 2021 | 1,449,028 | 1,257,091 | 191,937 | 28.7 | 49% |
| 2022 | 1,511,655 | 1,538,357 | −26,702 | 19.8 | 37% |
| 2023 | 1,341,400 | 1,397,445 | −56,045 | 23.9 | 35% |
In its most recent public year (2023), this organization spent $56,045 more than it brought in. Its reserves stood at about 23.9 months of spending. Staff pay was 35% of spending. $52,806 of its net assets are donor-restricted.
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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