Independent Insurance Agents Of Iowa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,613,988 | 1,316,659 | 297,329 | 64.8 | 36% |
| 2021 | 1,602,077 | 1,072,124 | 529,953 | 96.1 | 44% |
| 2022 | 1,959,343 | 1,349,964 | 609,379 | 68.8 | 37% |
| 2023 | 1,698,435 | 1,406,498 | 291,937 | 70.2 | 39% |
In its most recent public year (2023), this organization brought in $291,937 more than it spent. Its reserves stood at about 70.2 months of spending, up from 64.8 in 2020. Staff pay was 39% 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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