Independent Insurance Agents Of Tennessee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,997,182 | 1,738,667 | 258,515 | 28.6 | 35% |
| 2012 | 1,969,372 | 1,750,888 | 218,484 | 30.1 | 36% |
| 2013 | 1,842,325 | 1,767,561 | 74,764 | 29.9 | 36% |
| 2014 | 2,050,298 | 1,900,156 | 150,142 | 29.1 | 33% |
| 2015 | 1,973,056 | 1,895,419 | 77,637 | 29.4 | 35% |
| 2016 | 2,009,261 | 2,020,887 | −11,626 | 28.0 | 35% |
| 2017 | 1,881,429 | 1,851,257 | 30,172 | 31.6 | 35% |
| 2018 | 2,038,483 | 2,175,154 | −136,671 | 25.0 | 30% |
| 2019 | 1,891,084 | 2,368,058 | −476,974 | 21.8 | 33% |
| 2020 | 1,986,892 | 1,721,102 | 265,790 | 33.1 | 42% |
| 2021 | 1,915,958 | 1,618,018 | 297,940 | 38.6 | 35% |
| 2022 | 1,912,197 | 1,875,359 | 36,838 | 31.1 | 37% |
| 2023 | 2,039,535 | 1,753,259 | 286,276 | 36.4 | 37% |
In its most recent public year (2023), this organization brought in $286,276 more than it spent. Its reserves stood at about 36.4 months of spending, up from 28.6 in 2011. Staff pay was 37% 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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