Insurance & Financial Communicators Association
Insurance & Financial Communicators Association shows historical financial stability but current operational status is unclear due to zero reported revenue and assets.
EIN: 131941453 · Bethesda, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $174K |
| Program Spending | 85% |
| Net Assets | $109K |
| Transparency Score | 80/100 |
Is Insurance & Financial Communicators Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Insurance & Financial Communicators Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Insurance & Financial Communicators Association
Insurance & Financial Communicators Association (EIN: 131941453) is a nonprofit organization based in Bethesda, MD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Insurance & Financial Communicators Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Insurance & Financial Communicators Association is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $174K |
| Surplus / Deficit | +$8K |
| Total Assets | $109K |
| Net Assets | $109K |
| Operating Margin | 4.2% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2015, Insurance & Financial Communicators Association reported a surplus of $8K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Insurance & Financial Communicators Association's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +7.1% | +67.9% | +7.5% |
| 2014 | -9.0% | -56.7% | +185.2% |
| 2013 | +16.6% | +74.5% | -59.7% |
| 2012 | -10.5% | -10.0% | +34.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Insurance & Financial Communicators Association 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Insurance & Financial Communicators Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all available filings (2011-2015), suggesting that executive leadership was either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size.
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 Insurance & Financial Communicators Association's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating a potential cessation of operations or significant change.
- NTEE code is unknown, hindering peer comparison and understanding of its specific charitable purpose.
Strengths
The following positive indicators were identified for Insurance & Financial Communicators Association:
- Consistent historical revenue generation (2011-2015) for an organization of its size.
- No reported officer compensation across all available filings, indicating highly efficient leadership costs.
- Healthy asset growth from $65,646 in 2011 to $109,496 in 2015 (prior to the $0 report), demonstrating financial stability.
- No reported liabilities across all available filings, indicating strong financial management and solvency.
Frequently Asked Questions about Insurance & Financial Communicators Association
Is Insurance & Financial Communicators Association a legitimate charity?
Insurance & Financial Communicators Association (EIN: 131941453) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 80/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Insurance & Financial Communicators Association spend its money?
Insurance & Financial Communicators Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Insurance & Financial Communicators Association tax-deductible?
Insurance & Financial Communicators Association is registered as a tax-exempt nonprofit (EIN: 131941453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Insurance & Financial Communicators Association's spending goes to programs?
Insurance & Financial Communicators Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Insurance & Financial Communicators Association located?
Insurance & Financial Communicators Association is headquartered in Bethesda, Maryland and files with the IRS under EIN 131941453.
How many years of IRS 990 filings does Insurance & Financial Communicators Association have?
Insurance & Financial Communicators Association has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What caused the significant drop to $0 in latest reported revenue and assets?
The provided data shows the latest revenue and assets as $0. This is a critical change from previous years where revenue was consistently over $160,000 and assets over $65,000. It could indicate the organization has ceased operations, merged, or changed its filing requirements. Further investigation into more recent IRS filings or public records would be necessary to understand this change.
How did the organization manage the expense overrun in 2013?
In 2013, the organization's expenses ($239,618) significantly exceeded its revenue ($186,810). This deficit was likely covered by drawing down on its accumulated assets, which decreased from $88,518 in 2012 to $35,710 in 2013. The organization recovered in subsequent years, rebuilding its assets.
What is the NTEE code for this organization?
The NTEE code for the Insurance & Financial Communicators Association is listed as 'Unknown' in the provided data. This makes it difficult to benchmark its financial performance against similar organizations in its sector.
Filing History
IRS 990 filing history for Insurance & Financial Communicators Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Insurance & Financial Communicators Association's revenue has grown by 1.7%, moving from $179K to $182K. Total assets increased by 66.8% over the same period, from $66K to $109K. Total functional expenses rose by 14.3%, from $153K to $174K. In its most recent filing year (2015), Insurance & Financial Communicators Association reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $182K | $174K | $109K | $0 | — | View 990 |
| 2014 | $170K | $104K | $102K | $0 | — | View 990 |
| 2013 | $187K | $240K | $36K | $0 | — | View 990 |
| 2012 | $160K | $137K | $89K | $0 | — | View 990 |
| 2011 | $179K | $153K | $66K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $182K, expenses of $174K, and assets of $109K (revenue +7.1% year-over-year).
- 2014: Revenue of $170K, expenses of $104K, and assets of $102K (revenue -9.0% year-over-year).
- 2013: Revenue of $187K, expenses of $240K, and assets of $36K (revenue +16.6% year-over-year).
- 2012: Revenue of $160K, expenses of $137K, and assets of $89K (revenue -10.5% year-over-year).
- 2011: Revenue of $179K, expenses of $153K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Insurance & Financial Communicators Association:
Data Sources and Methodology
This transparency report for Insurance & Financial Communicators 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.