Upper Peninsula Association Of Independent Insurance Agents
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 105,119 | 61,830 | 43,289 | 8.4 | — |
| 2018 | 68,994 | 81,234 | −12,240 | 4.6 | — |
| 2019 | 74,286 | 35,669 | 38,617 | 23.4 | — |
| 2020 | 3,923 | 31,320 | −27,397 | 16.2 | — |
| 2021 | 43,842 | 61,530 | −17,688 | 4.8 | — |
| 2022 | 97,756 | 49,186 | 48,570 | 18.1 | — |
| 2023 | 69,827 | 59,528 | 10,299 | 16.9 | — |
In its most recent public year (2023), this organization brought in $10,299 more than it spent. Its reserves stood at about 16.9 months of spending, up from 8.4 in 2017.
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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