Independent Insurance Agents Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,464,347 | 2,529,484 | −65,137 | 22.8 | 7% |
| 2021 | 2,547,149 | 2,374,335 | 172,814 | 28.2 | 8% |
| 2022 | 2,746,070 | 2,709,543 | 36,527 | 19.6 | 7% |
| 2023 | 2,818,160 | 2,720,176 | 97,984 | 21.8 | 7% |
In its most recent public year (2023), this organization brought in $97,984 more than it spent. Its reserves stood at about 21.8 months of spending. Staff pay was 7% of spending. $5,170 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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