Council Of Insurance Agents & Brokers
Council Of Insurance Agents & Brokers shows consistent revenue growth and strong asset accumulation over the past decade.
EIN: 131952497 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $40.9M |
| Total Expenses | $23.4M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $27 |
| Net Assets | $26.4M |
| Transparency Score | 75/100 |
Is Council Of Insurance Agents & Brokers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Council Of Insurance Agents & Brokers directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Council Of Insurance Agents & Brokers
Council Of Insurance Agents & Brokers (EIN: 131952497) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $40.9M and total assets of $54.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council Of Insurance Agents & Brokers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Council Of Insurance Agents & Brokers is a large nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.3M |
| Total Expenses | $23.4M |
| Surplus / Deficit | +$3.8M |
| Total Assets | $55.2M |
| Total Liabilities | $28.8M |
| Net Assets | $26.4M |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 52.2% |
| Months of Reserves | 28.3 months |
Financial Health Grade: A
In 2023, Council Of Insurance Agents & Brokers reported a surplus of $3.8M with revenue exceeding expenses, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 52.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Council Of Insurance Agents & Brokers's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.3% | +20.0% | +14.0% |
| 2022 | +10.5% | +25.0% | +56.0% |
| 2021 | +68.6% | +15.9% | +19.0% |
| 2020 | -40.2% | -18.9% | +20.6% |
| 2019 | +23.1% | +1.1% | +44.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
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 Council Of Insurance Agents & Brokers with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Council Of Insurance Agents & Brokers allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.2%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filing periods, which is unusual for an organization of this size with revenues exceeding $27 million. This suggests that executive compensation may be reported under other expense categories or that the organization's leadership is compensated in a non-traditional manner, warranting a deeper look into the full 990 forms.
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 Council Of Insurance Agents & Brokers's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this scale and warrants further investigation into the full 990 to understand executive remuneration practices.
Strengths
The following positive indicators were identified for Council Of Insurance Agents & Brokers:
- Strong financial growth with revenue increasing from $12,004,431 in 2014 to $27,285,841 in 2023.
- Consistent operational surpluses, indicating sound financial management (e.g., $3,845,028 surplus in 2023).
- Significant asset accumulation, with assets growing from $9,294,623 in 2014 to $55,204,420 in 2023.
- Healthy asset-to-liability ratio, with assets of $55,204,420 significantly exceeding liabilities of $28,790,930 in 2023.
Frequently Asked Questions about Council Of Insurance Agents & Brokers
Is Council Of Insurance Agents & Brokers a legitimate charity?
Council Of Insurance Agents & Brokers (EIN: 131952497) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $40.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Council Of Insurance Agents & Brokers spend its money?
Council Of Insurance Agents & Brokers directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Council Of Insurance Agents & Brokers tax-deductible?
Council Of Insurance Agents & Brokers is registered as a tax-exempt nonprofit (EIN: 131952497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Council Of Insurance Agents & Brokers CEO make?
Council Of Insurance Agents & Brokers's highest-compensated officer earns $27 annually. The organization reported $40.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Council Of Insurance Agents & Brokers's spending goes to programs?
Council Of Insurance Agents & Brokers directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Council Of Insurance Agents & Brokers located?
Council Of Insurance Agents & Brokers is headquartered in Washington, Washington DC and files with the IRS under EIN 131952497.
How many years of IRS 990 filings does Council Of Insurance Agents & Brokers have?
Council Of Insurance Agents & Brokers has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $40.9M in total revenue.
How does the Council Of Insurance Agents & Brokers utilize its significant financial surpluses?
The organization consistently generates surpluses, such as the $3,845,028 surplus in 2023 ($27,285,841 revenue - $23,440,813 expenses). These surpluses contribute to the substantial growth in assets, which increased from $9,294,623 in 2014 to $55,204,420 in 2023, suggesting reinvestment into the organization or reserves.
What are the specific program activities funded by the organization?
While the provided data indicates overall expenses, it does not detail the specific program activities. A full IRS 990 filing would be necessary to understand the breakdown of program service accomplishments and related expenses.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is unusual for an organization with revenues in the tens of millions. This could mean that officers are not compensated, or their compensation is categorized differently (e.g., as salaries for key employees rather than officers), requiring a review of the full 990 for clarification.
Filing History
IRS 990 filing history for Council Of Insurance Agents & Brokers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Council Of Insurance Agents & Brokers's revenue has grown by 215.7%, moving from $8.6M to $27.3M. Total assets increased by 788% over the same period, from $6.2M to $55.2M. Total functional expenses rose by 165.7%, from $8.8M to $23.4M. In its most recent filing year (2023), Council Of Insurance Agents & Brokers reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $28.8M in liabilities against $55.2M in assets (debt-to-asset ratio: 52.2%), resulting in net assets of $26.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.3M | $23.4M | $55.2M | $28.8M | — | — |
| 2022 | $23.7M | $19.5M | $48.4M | $28.1M | — | View 990 |
| 2021 | $21.4M | $15.6M | $31.1M | $11.7M | — | View 990 |
| 2020 | $12.7M | $13.5M | $26.1M | $13.2M | — | View 990 |
| 2019 | $21.2M | $16.6M | $21.6M | $9.0M | — | — |
| 2018 | $17.3M | $16.4M | $15.0M | $7.8M | — | View 990 |
| 2017 | $16.1M | $15.4M | $14.8M | $7.7M | — | View 990 |
| 2016 | $14.5M | $14.1M | $12.8M | $6.9M | — | View 990 |
| 2015 | $13.3M | $12.8M | $12.5M | $7.1M | — | View 990 |
| 2014 | $12.0M | $11.7M | $9.3M | $3.9M | — | View 990 |
| 2013 | $11.4M | $10.9M | $9.0M | $3.9M | — | View 990 |
| 2012 | $10.4M | $9.8M | $8.0M | $3.4M | — | View 990 |
| 2011 | $8.6M | $8.8M | $6.2M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.3M, expenses of $23.4M, and assets of $55.2M (revenue +15.3% year-over-year).
- 2022: Revenue of $23.7M, expenses of $19.5M, and assets of $48.4M (revenue +10.5% year-over-year).
- 2021: Revenue of $21.4M, expenses of $15.6M, and assets of $31.1M (revenue +68.6% year-over-year).
- 2020: Revenue of $12.7M, expenses of $13.5M, and assets of $26.1M (revenue -40.2% year-over-year).
- 2019: Revenue of $21.2M, expenses of $16.6M, and assets of $21.6M (revenue +23.1% year-over-year).
- 2018: Revenue of $17.3M, expenses of $16.4M, and assets of $15.0M (revenue +7.2% year-over-year).
- 2017: Revenue of $16.1M, expenses of $15.4M, and assets of $14.8M (revenue +11.3% year-over-year).
- 2016: Revenue of $14.5M, expenses of $14.1M, and assets of $12.8M (revenue +8.9% year-over-year).
- 2015: Revenue of $13.3M, expenses of $12.8M, and assets of $12.5M (revenue +10.7% year-over-year).
- 2014: Revenue of $12.0M, expenses of $11.7M, and assets of $9.3M (revenue +5.5% year-over-year).
- 2013: Revenue of $11.4M, expenses of $10.9M, and assets of $9.0M (revenue +9.5% year-over-year).
- 2012: Revenue of $10.4M, expenses of $9.8M, and assets of $8.0M (revenue +20.2% year-over-year).
- 2011: Revenue of $8.6M, expenses of $8.8M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Council Of Insurance Agents & Brokers:
Data Sources and Methodology
This transparency report for Council Of Insurance Agents & Brokers 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.