Independent Insurance Agents Of South Dakota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 350,402 | 346,877 | 3,525 | 32.7 | 19% |
| 2012 | 636,520 | 572,895 | 63,625 | 21.1 | 37% |
| 2013 | 679,631 | 650,760 | 28,871 | 19.1 | 34% |
| 2014 | 651,724 | 673,644 | −21,920 | 18.1 | 35% |
| 2015 | 724,505 | 716,108 | 8,397 | 17.2 | 37% |
| 2016 | 724,079 | 675,553 | 48,526 | 19.1 | 35% |
| 2017 | 720,403 | 720,955 | −552 | 17.9 | 35% |
| 2018 | 767,554 | 716,232 | 51,322 | 18.8 | 36% |
| 2019 | 782,511 | 794,149 | −11,638 | 16.8 | 30% |
| 2020 | 631,096 | 608,499 | 22,597 | 22.4 | 40% |
| 2022 | 724,600 | 967,535 | −242,935 | 9.3 | 32% |
| 2023 | 848,323 | 889,500 | −41,177 | 9.6 | 38% |
In its most recent public year (2023), this organization spent $41,177 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 32.7 in 2011. Staff pay was 38% 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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