Iiao Insurance Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,003 | 34,006 | −27,003 | 622.9 | 0% |
| 2012 | 4,037 | 25,010 | −20,973 | 836.9 | 0% |
| 2013 | 67,191 | 87,895 | −20,704 | 235.3 | 0% |
| 2014 | 11,020 | 29,235 | −18,215 | 700.0 | 0% |
| 2015 | 8,840 | 27,304 | −18,464 | 741.4 | 0% |
| 2016 | 6,328 | 27,432 | −21,104 | 728.7 | 0% |
| 2017 | 15,993 | 39,307 | −23,314 | 501.4 | 0% |
| 2018 | 30,035 | 63,316 | −33,281 | 305.0 | 0% |
| 2019 | 31,282 | 38,298 | −7,016 | 502.0 | 0% |
| 2020 | 26,097 | 51,163 | −25,066 | 369.9 | 0% |
| 2021 | 16,760 | 31,070 | −14,310 | 601.8 | 0% |
| 2022 | 22,670 | 32,953 | −10,283 | 563.7 | 0% |
| 2023 | 50,976 | 39,846 | 11,130 | 469.5 | 0% |
| 2024 | 35,696 | 34,823 | 873 | 537.6 | 0% |
In its most recent public year (2024), this organization brought in $873 more than it spent. Its reserves stood at about 537.6 months of spending, down from 622.9 in 2011. Staff pay was 0% of spending. $40,259 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 2024. 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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