Independent Insurance Agents Of Rhode Island
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 809,484 | 809,694 | −210 | 19.8 | 0% |
| 2012 | 732,240 | 745,990 | −13,750 | 21.5 | 0% |
| 2013 | 748,848 | 688,570 | 60,278 | 24.3 | 0% |
| 2014 | 888,159 | 787,163 | 100,996 | 23.8 | 0% |
| 2015 | 816,325 | 804,015 | 12,310 | 21.8 | 0% |
| 2016 | 857,411 | 850,316 | 7,095 | 21.7 | 0% |
| 2017 | 814,792 | 756,898 | 57,894 | 26.7 | 0% |
| 2018 | 824,945 | 768,025 | 56,920 | 27.8 | 0% |
| 2019 | 847,374 | 776,540 | 70,834 | 27.8 | 0% |
| 2020 | 616,397 | 604,221 | 12,176 | 38.4 | 0% |
| 2021 | 839,106 | 572,095 | 267,011 | 50.0 | 0% |
| 2022 | 759,864 | 702,359 | 57,505 | 36.9 | 0% |
| 2023 | 708,523 | 698,971 | 9,552 | 38.6 | 0% |
In its most recent public year (2023), this organization brought in $9,552 more than it spent. Its reserves stood at about 38.6 months of spending, up from 19.8 in 2011. Staff pay was 0% 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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