Insights Association Inc
Insights Association Inc experiences revenue growth but frequently operates with deficits, reporting no officer compensation.
EIN: 132942996 · Washington, DC · NTEE: S41Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.4M |
| Total Expenses | $5.0M |
| Program Spending | 75% |
| Net Assets | $607K |
| Transparency Score | 80/100 |
Is Insights Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Insights Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Insights Association Inc
Insights Association Inc (EIN: 132942996) is a nonprofit organization based in Washington, DC, classified under NTEE code S41Z. The organization reported total revenue of $6.4M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Insights Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Insights Association Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $5.0M |
| Surplus / Deficit | $-226,487 |
| Total Assets | $2.3M |
| Total Liabilities | $1.7M |
| Net Assets | $607K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 74.1% |
| Months of Reserves | 5.6 months |
Financial Health Grade: C
In 2023, Insights Association Inc reported a deficit of $226K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 74.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Insights Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.1% | +21.8% | -22.0% |
| 2022 | +63.5% | +76.0% | +41.9% |
| 2021 | +22.6% | -20.5% | +25.5% |
| 2020 | -27.6% | -11.0% | +14.7% |
| 2019 | -17.4% | -5.8% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
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 Insights Association Inc with a Mission Score of 80 out of 100 (Excellent). 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, Insights Association Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $226K, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through other means not classified as officer compensation, or that the organization operates with a volunteer executive structure. This is a highly unusual and positive indicator for a nonprofit of its size, suggesting a strong commitment to directing resources towards its mission rather than executive salaries.
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 Insights Association Inc's IRS 990 filings:
- Frequent operational deficits (e.g., 2023, 2020, 2019, 2018, 2017, 2016, 2015) where expenses exceeded revenue, which could indicate unsustainable spending without sufficient revenue growth.
- Lack of detailed spending breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Insights Association Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing resources to mission.
- Significant revenue growth in recent years, from $2,071,652 in 2020 to $4,777,650 in 2023, suggesting expanding reach or support.
- Assets generally exceed liabilities, with assets of $2,340,373 and liabilities of $1,733,859 in 2023, indicating a healthy balance sheet.
- Long filing history (13 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Insights Association Inc
Is Insights Association Inc a legitimate charity?
Insights Association Inc (EIN: 132942996) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.4M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Insights Association Inc spend its money?
Insights Association Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Insights Association Inc tax-deductible?
Insights Association Inc is registered as a tax-exempt nonprofit (EIN: 132942996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Insights Association Inc's spending goes to programs?
Insights Association Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Insights Association Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Insights Association Inc is above average for NTEE category S41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Insights Association Inc located?
Insights Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 132942996. It is classified under NTEE code S41Z.
How many years of IRS 990 filings does Insights Association Inc have?
Insights Association Inc 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 $6.4M in total revenue.
Is Insights Association Inc financially stable given its recurring deficits?
While Insights Association Inc has experienced operational deficits in several years (e.g., 2023, 2020, 2019, 2018, 2017, 2016, 2015), its assets have generally grown, reaching $2,340,373 in 2023. This suggests that while annual expenses sometimes exceed revenues, the organization has managed to build its financial reserves, indicating a degree of stability despite year-to-year fluctuations.
How does the 0% officer compensation impact the organization's financial health?
The consistent reporting of 0% officer compensation is a significant factor. It means that a substantial portion of funds that might otherwise go to executive salaries is presumably redirected to program services or other operational needs, potentially enhancing the organization's efficiency and ability to fulfill its mission.
What explains the significant revenue growth from 2020 to 2023?
The revenue growth from $2,071,652 in 2020 to $4,777,650 in 2023 is substantial. This could be attributed to increased membership, successful fundraising campaigns, expansion of services, or a recovery from the economic impacts of the pandemic. Further details from the full 990 forms would be needed to pinpoint the exact drivers.
Are the liabilities a concern for Insights Association Inc?
Liabilities have also increased alongside assets, reaching $1,733,859 in 2023. While a growing organization will naturally have liabilities, it's important to assess the nature of these liabilities (e.g., program-related payables, deferred revenue) relative to its assets and cash flow. In 2023, assets ($2,340,373) comfortably exceeded liabilities ($1,733,859), indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Insights Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Insights Association Inc's revenue has grown by 74.3%, moving from $2.7M to $4.8M. Total assets increased by 22.5% over the same period, from $1.9M to $2.3M. Total functional expenses rose by 91.4%, from $2.6M to $5.0M. In its most recent filing year (2023), Insights Association Inc reported a deficit of $226K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $2.3M in assets (debt-to-asset ratio: 74.1%), resulting in net assets of $607K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $5.0M | $2.3M | $1.7M | — | — |
| 2022 | $4.2M | $4.1M | $3.0M | $2.3M | — | View 990 |
| 2021 | $2.5M | $2.3M | $2.1M | $1.3M | — | View 990 |
| 2020 | $2.1M | $2.9M | $1.7M | $1.2M | — | View 990 |
| 2019 | $2.9M | $3.3M | $1.5M | $1.2M | — | — |
| 2018 | $3.5M | $3.5M | $1.4M | $784K | — | View 990 |
| 2017 | $3.4M | $4.0M | $2.2M | $1.2M | — | View 990 |
| 2016 | $2.0M | $2.5M | $2.1M | $1.4M | — | View 990 |
| 2015 | $2.5M | $2.6M | $2.4M | $1.2M | — | View 990 |
| 2014 | $2.6M | $2.4M | $2.4M | $1.0M | — | View 990 |
| 2013 | $2.5M | $2.2M | $2.4M | $1.0M | — | View 990 |
| 2012 | $2.3M | $2.4M | $2.1M | $1.2M | — | View 990 |
| 2011 | $2.7M | $2.6M | $1.9M | $957K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $5.0M, and assets of $2.3M (revenue +15.1% year-over-year).
- 2022: Revenue of $4.2M, expenses of $4.1M, and assets of $3.0M (revenue +63.5% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.3M, and assets of $2.1M (revenue +22.6% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.9M, and assets of $1.7M (revenue -27.6% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.3M, and assets of $1.5M (revenue -17.4% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.5M, and assets of $1.4M (revenue +0.7% year-over-year).
- 2017: Revenue of $3.4M, expenses of $4.0M, and assets of $2.2M (revenue +76.1% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.5M, and assets of $2.1M (revenue -20.4% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.6M, and assets of $2.4M (revenue -4.7% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.4M, and assets of $2.4M (revenue +1.2% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.2M, and assets of $2.4M (revenue +9.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.4M, and assets of $2.1M (revenue -15.5% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.6M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Insights Association Inc:
Data Sources and Methodology
This transparency report for Insights Association Inc 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.