Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
990 • Fiscal year 2013 • EIN 20-0587793
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
50th percentile
Higher debt load relative to revenue than 50% of similar nonprofits.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
1st percentile
Faster asset growth than 1% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Assets
Down$3,122,941
Down $1,786,937 (-36%) from 2012
Net Assets
Up$861,469
Up $11,818 (+1.4%) from 2012
Liabilities
Down$2,261,472
Down $1,798,755 (-44%) from 2012
Revenue
$6,925,192
No earlier filing loaded for comparison.
Expenses
Up$6,913,374
Up $1,176,844 (+21%) from 2012
Net Income
$11,818
No earlier filing loaded for comparison.
Financial services institute's mission is to create a healthier regulatory environment for independent broker-dealers and their affiliated independent financial advisors through aggressive and effective advocacy, education and public awareness.
See Schedule O for complete description.Financial Services Institute mission is to create a healthier, more business-friendly regulatory environment for our members - the independent financial services firms and independent financial advisors who provide affordable, unbiased advice to hard-working Main Street Americans.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $3,928,285 | $2,059,719 | ▼ $1,868,566 |
| Accounts Receivable | $626,136 | $540,045 | ▼ $86,091 |
| Land, Buildings, and Equipment, Net | $211,171 | $461,638 | ▲ $250,467 |
| Prepaid Expenses and Deferred Charges | $134,292 | $61,539 | ▼ $72,753 |
| Total Assets | $4,909,878 | $3,122,941 | ▼ $1,786,937 |
| Other Assets Total | $9,994 | $0 | ▼ $9,994 |
| Liabilities | |||
| Deferred Revenue | $3,010,022 | $1,961,216 | ▼ $1,048,806 |
| Accounts Payable and Accrued Expenses | $1,050,205 | $300,256 | ▼ $749,949 |
| Total Liabilities | $4,060,227 | $2,261,472 | ▼ $1,798,755 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $849,651 | $861,469 | ▲ $11,818 |
| Total Net Assets Fund Balance | $849,651 | $861,469 | ▲ $11,818 |
| Total Liabilities and Net Assets / Fund Balance | $4,909,878 | $3,122,941 | ▼ $1,786,937 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $361,285 | $293,220 | $654,505 |
| Equipment | $63,280 | $49,360 | $112,640 |
| Leasehold Improvements | $37,073 | $6,138 | $43,211 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dale Brown | CEO & President | FT | $325,000 | $364,602 | $689,602 |
| David Bellaire | Executive Vice President & General Counsel | FT | $604,098 | $22,138 | $626,236 |
| David Bellaire | Executive Vice President & General C | - | $282,848 | $343,388 | $626,236 |
| Christopher Paulitz | Senior Vice President, Membership & Marketing | FT | $309,203 | $24,558 | $333,761 |
| Christopher Paulitz | Senior Vice President, Membership & | - | $193,325 | $140,436 | $333,761 |
| Kevin Whitehead | Vice President, Corporate Relations | FT | $152,847 | $171,148 | $323,995 |
| Brett McAllister | Senior Vice President, Membership & Marketing | FT | $195,519 | $8,520 | $204,039 |
| Brett McAllister | Senior Vice President, Membership & | - | $168,519 | $35,520 | $204,039 |
| Robert Lewis | Vice President | FT | $124,788 | $46,104 | $170,892 |
| Michelle Allgauer | Vice President | FT | $125,327 | $38,637 | $163,964 |
| Name | Title |
|---|---|
| R Lawrence Larry Roth | Chair |
| Timothy Tim B Murphy | Chair, Finance Committee |
| Valerie G Brown | Chair, FSI PAC Board |
| Joseph Joe R Russo | Immediate Past Chair |
| Michael Mike J Mungenast | Vice Chair |
| Adam Antoniades | Member |
| Clive Slovin | Member |
| David Stringer | Member |
| Dean Harman | Member |
| Derek Bruton | Member |
| Jim Herrington | Member |
| Jim Livingston | Member |
| John Moloney | Member |
| Richard J Lampen | Member |
| Rick Carlson | Member |
| Seth Miller | Member |
| Steve Chipman | Member |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Eris Group | Strategic Advice/Lobbying Support | - | $180,583 |
| Clyburn Consulting LLC | Strategic Advice/Lobbying Support | - | $110,000 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,623,363 |
| Other Expenses | $3,290,011 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $2,177,633 |
| Other Salaries and Wages | - | - | - | $1,166,031 |
| Conferences and Meetings | - | - | - | $661,886 |
| Occupancy | - | - | - | $349,882 |
| Fees for Services Other | - | - | - | $287,574 |
| Fees for Services Lobbying | - | - | - | $265,305 |
| Fees for Services Accounting | - | - | - | $254,120 |
| Information Technology | - | - | - | $253,398 |
| Advertising | - | - | - | $183,136 |
| Travel | - | - | - | $181,270 |
| Payroll Taxes | - | - | - | $177,639 |
| Depreciation Depletion | - | - | - | $107,204 |
| Other Employee Benefits | - | - | - | $102,060 |
| Office Expenses | - | - | - | $82,546 |
| All Other Expenses | - | - | - | $69,588 |
| Other Expenses | - | - | - | $30,492 |
| Fees for Services Legal | - | - | - | $26,254 |
| Insurance | - | - | - | $9,042 |
| Total Functional Expenses | $0 | $0 | $0 | $6,913,374 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $7,040,874 |
| Expenses per Audited Statements | $6,913,374 |
| Total Expenses per Form 990 | $6,913,374 |
| Expenses Not Reported on Form 990 | $127,500 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Amount |
|---|---|
| Total Nondeductible Lobbying and Political Cost | $4,669,580 |
| Current Year Nondeductible Lobbying and Political Cost | $3,741,792 |
“This is a membership organization who is interested in creating a healthier regulatory environment for independent broker-dealers and their affiliated independent financial advisors through aggressive and effective advocacy, education and public awareness.”
“The Form 990 and all schedules were circulated to the Board of Directors for review and comment. A deadline was established for comments. After comments were received and reviewed, the Form 990 was finalized and submitted.”
“The Board of Directors meets each January and discusses any potential conflict of interest and then completes a form.”
“The policy for determining compensation for the CEO is reviewed and approved by the board of directors or compensation committee, use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations, and contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“The organization did not change its oversight process or selection process during the year.”
“The consolidated financial statements include the accounts of the Financial Services Institute, Inc. and the Financial Services Inc. Political Action Committee ("the PAC"). The PAC is a non-profit, unincorporated separate, segregated fund which is controlled by the Institute. The PAC has a reporting requirement under the Federal Election Campaign Act. Therefore, PAC activity is not reported and included on Form 990 for Financial Services, Institute, Inc.”
“Financial Services Institute, Inc., (FSI) leases their employees from Adam Keegan, Inc. FSI controls the details of work performance therefore employees are common law employees of FSI. The number of W-2's issued per W-3 reflects the number of common law employees of FSI. This number is included in the W-3 reported under Adam Keegan, Inc.”
“The Institute accounts for uncertain tax positions in accordance with accounting standards that provide guidance on when uncertain tax positions are recognized in an entity's consolidated financial statements and how the values of these positions are determined. No liability has been recorded as of December 31, 2013 and 2012 due to uncertain tax positions.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1050205 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 300256 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 626136 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 540045 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | See Schedule O for complete description.Financial Services Institute mission is to create a healthier, more business-friendly regulatory environment for our members - the independent financial services firms and independent financial advisors who provide affordable, unbiased advice to hard-working Main Street Americans. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 183136 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 69588 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | Financial Services Institute Inc |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8883731840 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 607 14th Street NW No 750 |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Washington |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | DC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 20005 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 2177633 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 661886 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 180583 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 110000 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1 | 0 | 439 New Jersey Ave |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1 | 1 | 7819 12th Street NW |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City | 0 | Washington |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City | 1 | Washington |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State | 0 | DC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State | 1 | DC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode | 0 | 20003 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode | 1 | 20012 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 0 | Eris Group |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 1 | Clyburn Consulting LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Strategic Advice/Lobbying Support |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Strategic Advice/Lobbying Support |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2369 |
| IRS990/CYOtherExpensesAmt | 0 | 3290011 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 6922823 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 11818 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3623363 |
| IRS990/CYTotalExpensesAmt | 0 | 6913374 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6925192 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 3010022 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1961216 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 107204 |
| IRS990/Desc | 0 | To provide support to independent dealers and financial advisors. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 25 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 254120 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 26254 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 265305 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 287574 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 23 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 24558 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 22138 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 24558 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 8520 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 18712 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 6354 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 8087 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | R Lawrence Larry Roth |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Michael Mike J Mungenast |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Joseph Joe R Russo |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Timothy Tim B Murphy |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Valerie G Brown |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Adam Antoniades |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Derek Bruton |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Rick Carlson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Steve Chipman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Dean Harman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Jim Herrington |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Richard J Lampen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Jim Livingston |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Seth Miller |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | John Moloney |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Clive Slovin |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | David Stringer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Dale Brown |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | David Bellaire |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | Christopher Paulitz |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | Brett McAllister |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | Kevin Whitehead |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | Robert Lewis |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | Michelle Allgauer |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 665044 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 604098 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 309203 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 195519 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 305283 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 164538 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 155877 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Immediate Past Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Chair, Finance Committee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Chair, FSI PAC Board |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | CEO & President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Executive Vice President & General Counsel |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | Senior Vice President, Membership & Marketing |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Senior Vice President, Membership & Marketing |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | Vice President, Corporate Relations |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | Vice President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 16 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 6925192 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 16 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 253398 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 9042 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2369 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2369 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 348718 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 211171 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 461638 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 810356 |
| IRS990/LegalDomicileStateCd | 0 | GA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Financial Services Institute mission is to create a healthier regulatory environment for independent broker-dealers and their affiliated independent financial advisors through aggressive and effective advocacy, education and public awareness. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 849651 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 861469 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 349882 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 82546 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 9994 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 102060 |
| IRS990/OtherExpensesGrp/Desc | 0 | Advocacy |
| IRS990/OtherExpensesGrp/Desc | 1 | Newsletter |
| IRS990/OtherExpensesGrp/Desc | 2 | Staff education |
| IRS990/OtherExpensesGrp/Desc | 3 | Credit card and bank fe |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 329272 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 142225 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 56817 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 30492 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1166031 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 177639 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 134292 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 61539 |
| IRS990/PrincipalOfficerNm | 0 | Dale Brown |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Memberships |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Sponsor Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Broker-Dealer Conferen |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Summit Registrations |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | Other Program Revenue |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4532162 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1765000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 327265 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 286404 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 11992 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 4532162 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1765000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 327265 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 286404 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 11992 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 400 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 4437 |
| IRS990/PYOtherExpensesAmt | 0 | 2863074 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 5374899 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -356794 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2873456 |
| IRS990/PYTotalExpensesAmt | 0 | 5736530 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 5379736 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 11818 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 3928285 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2059719 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AggregateReportedDuesNtcAmt | 0 | 4532162 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 1 |
| IRS990ScheduleC/CarriedOverAmt | 0 | 137418 |
| IRS990ScheduleC/DuesAssessmentsAmt | 0 | 4532162 |
| IRS990ScheduleC/NonDedLbbyngPltclCyovAmt | 0 | 927788 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt | 0 | 3741792 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | 4669580 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 1 |
| IRS990ScheduleC/TaxableAmt | 0 | -137418 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 127500 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 127500 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 63280 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 49360 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 112640 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 127500 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 6913374 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 37073 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 6138 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 43211 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 361285 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 293220 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 654505 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 127500 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 6925192 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Institute accounts for uncertain tax positions in accordance with accounting standards that provide guidance on when uncertain tax positions are recognized in an entity's consolidated financial statements and how the values of these positions are determined. No liability has been recorded as of December 31, 2013 and 2012 due to uncertain tax positions. |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.