Insurance Library Association
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $668,613 | $674,550 | −$5,937 | 40.3 | 49% |
| 2021 | $563,797 | $659,000 | −$95,203 | 46.3 | 49% |
| 2022 | $624,934 | $676,769 | −$51,835 | 37.1 | 48% |
| 2023 | $612,995 | $690,901 | −$77,906 | 37.1 | 43% |
In its most recent public year (2023), this organization spent $77,906 more than it brought in. Its reserves stood at about 37.1 months of spending, down from 40.3 in 2020. Staff pay was 43% of spending. $1,814,451 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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