International Center For Captive Insurance Education Inc

International Center For Captive Insurance Education Inc shows consistent revenue growth and zero reported officer compensation over a decade.

EIN: 200047555 · Shelburne, VT · NTEE: B05 · Updated: 2026-03-28

$640KRevenue

$543KAssets

90/100Mission Score (Excellent)

B05

About International Center For Captive Insurance Education Inc

International Center For Captive Insurance Education Inc (EIN: 200047555) is a nonprofit organization based in Shelburne, VT, classified under NTEE code B05. The organization reported total revenue of $640K and total assets of $543K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Center For Captive Insurance Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The International Center For Captive Insurance Education Inc (ICCIE) demonstrates consistent financial health and growth over the past decade. Revenue has shown a positive trend, increasing from $327,791 in 2013 to $435,209 in 2022, with the latest reported revenue at $640,024. The organization consistently operates with a surplus, as expenses are generally lower than revenue, contributing to a steady increase in assets from $133,737 in 2013 to $321,379 in 2022, and currently $542,933. This indicates sound financial management and an ability to build reserves.

Spending efficiency appears strong, particularly given that officer compensation has been reported as 0% across all available filings. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation towards its mission. The consistent growth in assets relative to liabilities also points to a healthy balance sheet.

Transparency is high, with a consistent filing history of 12 IRS 990 forms, providing a clear financial record over many years. The absence of reported officer compensation is a notable aspect of its financial structure, which, while potentially indicating volunteer leadership, would benefit from further clarification in the filings regarding how leadership is supported or if it's entirely pro bono. Overall, ICCIE appears to be a well-managed and financially stable organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Center For Captive Insurance Education Inc with a Mission Score of 90 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, International Center For Captive Insurance Education Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated through mechanisms not classified as officer compensation, which is highly unusual for an organization with over $600,000 in annual revenue.

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 International Center For Captive Insurance Education Inc's IRS 990 filings:

Unclear details on how leadership is compensated if officer compensation is consistently 0% for an organization of this size, which could indicate a lack of transparency in reporting full compensation structures.

Strengths

The following positive indicators were identified for International Center For Captive Insurance Education Inc:

Consistent revenue growth over a decade, from $327,791 in 2013 to $640,024 currently.
Positive net assets and strong financial stability, with assets growing from $133,737 in 2013 to $542,933 currently.
Zero reported officer compensation across all filings, suggesting high efficiency in leadership costs.
Long and consistent IRS 990 filing history (12 filings), indicating strong transparency.
Expenses consistently below revenue, demonstrating sound financial management and ability to build reserves.

Frequently Asked Questions about International Center For Captive Insurance Education Inc

Is International Center For Captive Insurance Education Inc a good charity?

Based on its consistent financial growth, positive asset accumulation, and zero reported officer compensation over a decade, ICCIE appears to be a well-managed and efficient organization. Its strong program focus, implied by the lack of executive compensation, suggests resources are directed towards its mission.

How has ICCIE's revenue changed over time?

ICCIE has shown consistent revenue growth, increasing from $327,791 in 2013 to $435,209 in 2022, and reporting $640,024 most recently. This indicates a healthy and expanding financial base.

What is the organization's approach to executive compensation?

The organization consistently reports 0% for officer compensation across all available filings, suggesting a volunteer-led structure or alternative compensation methods not categorized as officer pay.

Filing History

IRS 990 filing history for International Center For Captive Insurance Education Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), International Center For Captive Insurance Education Inc's revenue has grown by 31.9%, moving from $330K to $435K. Total assets increased by 788.2% over the same period, from $36K to $321K. Total functional expenses rose by 30%, from $330K to $429K. In its most recent filing year (2022), International Center For Captive Insurance Education Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $146K in liabilities against $321K in assets (debt-to-asset ratio: 45.5%), resulting in net assets of $175K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$435K	$429K	$321K	$146K	—	View 990
2021	$369K	$360K	$252K	$82K	—	View 990
2020	$391K	$376K	$244K	$84K	—	View 990
2019	$387K	$363K	$214K	$72K	—	View 990
2018	$374K	$380K	$206K	$87K	—	View 990
2017	$361K	$408K	$199K	$74K	—	View 990
2016	$392K	$374K	$237K	$65K	—	View 990
2015	$405K	$351K	$234K	$80K	—	View 990
2014	$423K	$351K	$203K	$103K	—	View 990
2013	$328K	$323K	$134K	$115K	—	View 990
2012	$361K	$321K	$78K	$73K	—	View 990
2011	$330K	$330K	$36K	$94K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $435K, expenses of $429K, and assets of $321K (revenue +18.0% year-over-year).
2021: Revenue of $369K, expenses of $360K, and assets of $252K (revenue -5.7% year-over-year).
2020: Revenue of $391K, expenses of $376K, and assets of $244K (revenue +1.2% year-over-year).
2019: Revenue of $387K, expenses of $363K, and assets of $214K (revenue +3.2% year-over-year).
2018: Revenue of $374K, expenses of $380K, and assets of $206K (revenue +3.8% year-over-year).
2017: Revenue of $361K, expenses of $408K, and assets of $199K (revenue -7.9% year-over-year).
2016: Revenue of $392K, expenses of $374K, and assets of $237K (revenue -3.2% year-over-year).
2015: Revenue of $405K, expenses of $351K, and assets of $234K (revenue -4.3% year-over-year).
2014: Revenue of $423K, expenses of $351K, and assets of $203K (revenue +29.0% year-over-year).
2013: Revenue of $328K, expenses of $323K, and assets of $134K (revenue -9.3% year-over-year).
2012: Revenue of $361K, expenses of $321K, and assets of $78K (revenue +9.5% year-over-year).
2011: Revenue of $330K, expenses of $330K, and assets of $36K.

Data Sources and Methodology

This transparency report for International Center For Captive Insurance Education 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.