American Insurance Association
American Insurance Association reports significant deficit in 2018 with zero reported assets and liabilities.
EIN: 133173374 · Washington, DC · Updated: 2026-03-28
Is American Insurance Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Insurance Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Insurance Association
American Insurance Association (EIN: 133173374) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $26.3M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Insurance Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Insurance Association is a large nonprofit that has been operating for 42 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.2M |
| Total Expenses | $30.3M |
| Surplus / Deficit | $-11,051,560 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -57.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2018, American Insurance Association reported a deficit of $11.1M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2011–2018), American Insurance Association's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +1.9% | +70.7% | -100.0% |
| 2017 | -6.8% | -0.8% | -17.0% |
| 2016 | +5.3% | +6.0% | +31.5% |
| 2015 | +8.6% | +3.8% | +12.7% |
| 2014 | +2.3% | -9.3% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Insurance Association with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, American Insurance Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11.1M, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with multi-million dollar revenues and expenses, suggesting executive compensation may be structured differently or not reported in this section.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Insurance Association's IRS 990 filings:
- Significant deficit in 2018, with expenses ($30,278,333) far exceeding revenue ($19,226,773).
- Reporting of $0 assets and $0 liabilities in the latest 2018 filing, a drastic change from previous years' multi-million dollar figures, raising questions about financial transparency and reporting consistency.
- Consistent reporting of 0% officer compensation across all filings, which is unusual for an organization of this size and revenue, potentially obscuring executive pay structures.
- Lack of NTEE code, hindering proper classification and comparative analysis of the organization's mission and financial efficiency.
Strengths
The following positive indicators were identified for American Insurance Association:
- Consistent revenue generation over several years, generally in the $17M-$20M range prior to the latest filing's higher revenue.
- Historically maintained positive net assets in some periods, such as 2017 ($13,530,374 assets vs. $11,454,232 liabilities).
Frequently Asked Questions about American Insurance Association
Is American Insurance Association a legitimate charity?
Based on AI analysis of IRS 990 filings, American Insurance Association (EIN: 133173374) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does American Insurance Association spend its money?
American Insurance Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Insurance Association tax-deductible?
American Insurance Association is registered as a tax-exempt nonprofit (EIN: 133173374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did the American Insurance Association report zero assets and liabilities in its 2018 filing, despite reporting significant figures in previous years?
The 2018 filing shows a stark change from previous years, where assets ranged from $10M to $16M and liabilities from $11M to $20M. This sudden change to zero requires clarification regarding the organization's financial structure or reporting methodology.
How are the officers and key employees compensated if 'Officer Comp' is consistently reported as 0%?
Given the organization's substantial revenue and expenses, it's highly improbable that no individuals receive compensation. This suggests that compensation might be reported under different categories, paid by a related entity, or structured in a way that doesn't appear as 'Officer Comp' on the 990.
What caused the significant increase in expenses in 2018 to $30,278,333, leading to a substantial deficit?
Expenses jumped from $17,735,795 in 2017 to over $30 million in 2018, far exceeding revenue. Understanding the nature of these increased expenditures is crucial for assessing financial stability.
What is the NTEE code for the American Insurance Association, and how does it align with its reported activities?
The NTEE code is unknown, which makes it difficult to benchmark the organization's financial performance and mission alignment against similar entities in the sector.
Filing History
IRS 990 filing history for American Insurance Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), American Insurance Association's revenue has grown by 10.6%, moving from $17.4M to $19.2M. Total assets decreased by 100% over the same period, from $11.6M to $0. Total functional expenses rose by 90.1%, from $15.9M to $30.3M. In its most recent filing year (2018), American Insurance Association reported a deficit of $11.1M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $19.2M | $30.3M | $0 | $0 | — | View 990 |
| 2017 | $18.9M | $17.7M | $13.5M | $11.5M | — | View 990 |
| 2016 | $20.2M | $17.9M | $16.3M | $17.5M | — | View 990 |
| 2015 | $19.2M | $16.9M | $12.4M | $15.4M | — | View 990 |
| 2014 | $17.7M | $16.3M | $11.0M | $18.2M | — | View 990 |
| 2013 | $17.3M | $17.9M | $10.2M | $12.5M | — | View 990 |
| 2012 | $18.0M | $16.6M | $12.4M | $20.2M | — | View 990 |
| 2011 | $17.4M | $15.9M | $11.6M | $17.1M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $19.2M, expenses of $30.3M, and assets of $0 (revenue +1.9% year-over-year).
- 2017: Revenue of $18.9M, expenses of $17.7M, and assets of $13.5M (revenue -6.8% year-over-year).
- 2016: Revenue of $20.2M, expenses of $17.9M, and assets of $16.3M (revenue +5.3% year-over-year).
- 2015: Revenue of $19.2M, expenses of $16.9M, and assets of $12.4M (revenue +8.6% year-over-year).
- 2014: Revenue of $17.7M, expenses of $16.3M, and assets of $11.0M (revenue +2.3% year-over-year).
- 2013: Revenue of $17.3M, expenses of $17.9M, and assets of $10.2M (revenue -3.8% year-over-year).
- 2012: Revenue of $18.0M, expenses of $16.6M, and assets of $12.4M (revenue +3.5% year-over-year).
- 2011: Revenue of $17.4M, expenses of $15.9M, and assets of $11.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Insurance Association:
Data Sources and Methodology
This transparency report for American Insurance Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.