Civic Intelligence

Massachusetts Association of Insurance

EIN 04-3172159 • 501(c)6 • Milford, MA

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Profile

Maia is a member driven association dedicated to preserving, strengthening and promoting members and the american insurance agency system as the premier distribution system of insurance and financial services.

91 Cedar StreetMilford, MA 01757

www.massagent.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.05x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.16x

Higher debt load relative to revenue than 23% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

77th percentile

16%

Higher net margin than 77% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$505,326

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

64th percentile

8.6%

Faster asset growth than 64% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-2.5%

Faster revenue growth than 21% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$17,339,557

Up $1,379,825 (+8.6%) from 2023

Liabilities

Down

$864,143

Down $48,414 (-5.3%) from 2023

Net Assets

Up

$16,475,414

Up $1,428,239 (+9.5%) from 2023

Operations
Liabilities / Revenue23rd percentileNet Margin77th percentile

Revenue

Down

$5,572,923

Down $143,218 (-2.5%) from 2023

Expenses

Up

$4,662,969

Up $48,149 (+1.0%) from 2023

Net Income

Down

$909,954

Down $191,367 (-17%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $9,075,502Liabilities 2011: $1,580,367Net Assets 2011: $7,495,1352011Assets 2012: $9,292,888Liabilities 2012: $1,815,509Net Assets 2012: $7,477,3792012Assets 2013: $9,713,570Liabilities 2013: $1,869,524Net Assets 2013: $7,844,0462013Assets 2014: $10,198,183Liabilities 2014: $1,999,986Net Assets 2014: $8,198,1972014Assets 2015: $10,447,081Liabilities 2015: $2,070,964Net Assets 2015: $8,376,1172015Assets 2016: $10,221,341Liabilities 2016: $1,899,830Net Assets 2016: $8,321,5112016Assets 2017: $10,423,416Liabilities 2017: $1,601,412Net Assets 2017: $8,822,0042017Assets 2018: $10,640,619Liabilities 2018: $1,405,064Net Assets 2018: $9,235,5552018Assets 2019: $11,985,489Liabilities 2019: $1,500,906Net Assets 2019: $10,484,5832019Assets 2020: $13,538,078Liabilities 2020: $1,340,872Net Assets 2020: $12,197,2062020Assets 2021: $15,366,665Liabilities 2021: $1,467,220Net Assets 2021: $13,899,4452021Assets 2022: $14,213,451Liabilities 2022: $1,018,817Net Assets 2022: $13,194,6342022Assets 2023: $15,959,732Liabilities 2023: $912,557Net Assets 2023: $15,047,1752023Assets 2024: $17,339,557Liabilities 2024: $864,143Net Assets 2024: $16,475,4142024

Highlighted filing

2024

Assets$17,339,557
Liabilities$864,143
Net Assets$16,475,414
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $5,103,2082011Expenses 2012: $5,247,9202012Revenue 2013: $5,449,351Expenses 2013: $5,141,703Net Income 2013: $307,6482013Revenue 2014: $5,596,577Expenses 2014: $5,279,515Net Income 2014: $317,0622014Revenue 2015: $5,595,835Expenses 2015: $5,419,928Net Income 2015: $175,9072015Revenue 2016: $5,503,907Expenses 2016: $5,612,291Net Income 2016: -$108,3842016Revenue 2017: $5,696,955Expenses 2017: $5,160,544Net Income 2017: $536,4112017Revenue 2018: $5,681,993Expenses 2018: $5,190,803Net Income 2018: $491,1902018Revenue 2019: $5,647,206Expenses 2019: $5,138,733Net Income 2019: $508,4732019Revenue 2020: $4,514,058Expenses 2020: $3,481,163Net Income 2020: $1,032,8952020Revenue 2021: $4,849,036Expenses 2021: $3,854,382Net Income 2021: $994,6542021Revenue 2022: $5,045,215Expenses 2022: $4,626,508Net Income 2022: $418,7072022Revenue 2023: $5,716,141Expenses 2023: $4,614,820Net Income 2023: $1,101,3212023Revenue 2024: $5,572,923Expenses 2024: $4,662,969Net Income 2024: $909,9542024

Highlighted filing

2024

Revenue$5,572,923
Expenses$4,662,969
Net Income$909,954
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$17,339,557
Liabilities
$864,143
Net assets
$16,475,414
Revenue
$5,572,923
Expenses
$4,662,969
Net income
$909,954
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$0.86$16.5$5.57$4.66$0.91
2023Detailed filing. Detailed filing data is available for this year.$16.0$0.91$15.0$5.72$4.61$1.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$1.02$13.2$5.05$4.63$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.4$1.47$13.9$4.85$3.85$0.99
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$1.34$12.2$4.51$3.48$1.03
2019Detailed filing. Detailed filing data is available for this year.$12.0$1.50$10.5$5.65$5.14$0.51
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$1.41$9.24$5.68$5.19$0.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$1.60$8.82$5.70$5.16$0.54
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$1.90$8.32$5.50$5.61$0.11
2015Detailed filing. Detailed filing data is available for this year.$10.4$2.07$8.38$5.60$5.42$0.18
2014Detailed filing. Detailed filing data is available for this year.$10.2$2.00$8.20$5.60$5.28$0.32
2013Detailed filing. Detailed filing data is available for this year.$9.71$1.87$7.84$5.45$5.14$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.29$1.82$7.48$5.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.08$1.58$7.50$5.10
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • $10M-$25M nonprofits