National Association Of Benefits And Insurance Professionals
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,776,850 | 6,473,405 | 303,445 | -0.2 | 47% |
| 2021 | 6,921,904 | 6,125,285 | 796,619 | 1.4 | 51% |
| 2022 | 6,853,102 | 7,383,364 | −530,262 | -0.0 | 45% |
| 2023 | 6,718,295 | 7,416,202 | −697,907 | -1.0 | 44% |
In its most recent public year (2023), this organization spent $697,907 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months). Staff pay was 44% 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 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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