Civic Intelligence

Insurance Industry Charitable Foundation Inc.

990 • Fiscal year 2019 • EIN 20-1240972

Jan 01, 2019 to Dec 31, 2019 • Filed on May 22, 2020

1999 Avenue Of The Stars Ste 1100Los Angeles, CA 90067

(424) 253-1107

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.21x

Higher debt load relative to assets than 56% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.15x

Higher debt load relative to revenue than 47% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

21st percentile

-8.0%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$416,307

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

7th percentile

-13%

Faster asset growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

17th percentile

-15%

Faster revenue growth than 17% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,134,412

Down $464,532 (-13%) from 2018

Net Assets

Down

$2,479,143

Down $190,514 (-7.1%) from 2018

Liabilities

Down

$655,269

Down $274,018 (-29%) from 2018

Revenue

Down

$4,505,385

Down $818,805 (-15%) from 2018

Expenses

Up

$4,864,588

Up $200,789 (+4.3%) from 2018

Net Income

Down

-$359,203

Down $1,019,594 (-154%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $2,981,446Liabilities 2011: $23,659Net Assets 2011: $2,957,7872011Assets 2012: $3,594,657Liabilities 2012: $303,846Net Assets 2012: $3,290,8112012Assets 2013: $4,035,223Liabilities 2013: $382,515Net Assets 2013: $3,652,7082013Assets 2014: $3,903,179Liabilities 2014: $422,346Net Assets 2014: $3,480,8332014Assets 2015: $3,710,888Liabilities 2015: $619,859Net Assets 2015: $3,091,0292015Assets 2016: $3,938,300Liabilities 2016: $1,805,669Net Assets 2016: $2,132,6312016Assets 2017: $3,336,469Liabilities 2017: $1,155,584Net Assets 2017: $2,180,8852017Assets 2018: $3,598,944Liabilities 2018: $929,287Net Assets 2018: $2,669,6572018Assets 2019: $3,134,412Liabilities 2019: $655,269Net Assets 2019: $2,479,1432019Assets 2020: $3,981,158Liabilities 2020: $1,101,982Net Assets 2020: $2,879,1762020Assets 2021: $4,450,782Liabilities 2021: $924,169Net Assets 2021: $3,526,6132021Assets 2022: $4,224,831Liabilities 2022: $892,734Net Assets 2022: $3,332,0972022Assets 2023: $4,317,236Liabilities 2023: $1,047,441Net Assets 2023: $3,269,7952023Assets 2024: $4,444,118Liabilities 2024: $1,329,732Net Assets 2024: $3,114,3862024

Highlighted filing

2019

Assets$3,134,412
Liabilities$655,269
Net Assets$2,479,143

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $2,350,172Expenses 2011: $2,428,295Net Income 2011: -$78,1232011Expenses 2012: $2,948,9972012Revenue 2013: $3,924,476Expenses 2013: $3,652,674Net Income 2013: $271,8022013Revenue 2014: $4,218,275Expenses 2014: $4,390,310Net Income 2014: -$172,0352014Revenue 2015: $4,407,509Expenses 2015: $4,724,133Net Income 2015: -$316,6242015Revenue 2016: $4,337,698Expenses 2016: $5,340,171Net Income 2016: -$1,002,4732016Revenue 2017: $5,082,316Expenses 2017: $5,130,470Net Income 2017: -$48,1542017Revenue 2018: $5,324,190Expenses 2018: $4,663,799Net Income 2018: $660,3912018Revenue 2019: $4,505,385Expenses 2019: $4,864,588Net Income 2019: -$359,2032019Revenue 2020: $5,545,552Expenses 2020: $5,171,291Net Income 2020: $374,2612020Revenue 2021: $6,044,634Expenses 2021: $5,483,262Net Income 2021: $561,3722021Revenue 2022: $5,861,644Expenses 2022: $5,853,144Net Income 2022: $8,5002022Revenue 2023: $6,425,441Expenses 2023: $6,514,717Net Income 2023: -$89,2762023Revenue 2024: $6,963,880Expenses 2024: $7,196,896Net Income 2024: -$233,0162024

Highlighted filing

2019

Revenue$4,505,385
Expenses$4,864,588
Net Income-$359,203
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 22, 2020
Return Version
2019v5.0
Gross Receipts
$7,349,697
Mission and Program Overview

Mission

The insurance industry charitable foundation seeks to help communities and enrich lives by combining the collective strengths of the industry to provide grants, volunteer service and leadership.

The insurance industry charitable foundation seeks to help communities and enrich lives by combining the collective strengths of the industry to provide grants, volunteer service, and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,184,785$1,384,642▲ $199,857
Savings and Temporary Cash Investments$894,509$907,380▲ $12,871
Prepaid Expenses and Deferred Charges$245,303$401,901▲ $156,598
Cash and Non-Interest-Bearing Accounts$776,589$264,668▼ $511,921
Pledges and Grants Receivable$497,461$170,320▼ $327,141
Other Notes and Loans Receivable, Net$297$203▼ $94
Total Assets$3,598,944$3,134,412▼ $464,532
Other Assets Total-$5,298-
Liabilities
Deferred Revenue$430,615$447,390▲ $16,775
Grants Payable$250,000--
Accounts Payable and Accrued Expenses$248,672$207,879▼ $40,793
Total Liabilities$929,287$655,269▼ $274,018
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,626,995$2,479,143▼ $147,852
Net Assets With Donor Restrictions$42,662--
Total Net Assets Fund Balance$2,669,657$2,479,143▼ $190,514
Total Liabilities and Net Assets / Fund Balance$3,598,944$3,134,412▼ $464,532
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
William RossCEO$290,000$126,307$416,307
Elizabeth MyattExecutive Di$265,669$23,693$289,362
Elizabeth MyattExecutive Director$215,669$73,693$289,362
Alisa BreeseVP Communica$124,000$29,817$153,817
Alisa BreeseVP Communications$106,000$47,817$153,817
Melissa DuncanExecutive Di$137,631$13,346$150,977
Melissa DuncanExecutive Director$113,631$37,346$150,977
Kelly HartwegExecutive Di$125,950$23,405$149,355

Board Members and Trustees

NameTitle
John VasturiaBoard Chair
Barbara BufkinBoard Member
Bruce BassoBoard Member
Dave AlbertsBoard Member
Deborah AldredgeBoard Member
Ed MajkowskiBoard Member
Ellen MelchionniBoard Member
Hank WatkinsBoard Member
James WoodsBoard Member
Jennifer KnoxBoard Member
Jim RomanelliBoard Member
John GambaleBoard Member
Ken CrerarBoard Member
Kevin SmithBoard Member
Lisa ButeraBoard Member
Mark ShultsBoard Member
Matthew KirkBoard Member
Patrick DowdBoard Member
Peter TuckerBoard Member
Richard GergaskoBoard Member
Rod HughesBoard Member
Sabrina HartBoard Member
Sean KevelighanBoard Member
Sophia YenBoard Member
Suzanne ScatliffeBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,448,530
Program Service Revenue
$0
Investment Income
$55,776
Other Revenue
$1,079
All Other Contributions
$345,397
Change in Net Assets
$-359,203

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,505,385
Revenue Not Reported on Form 990
$234,380
Total Revenue per Audited Statements
$4,739,765
Total Revenue per Form 990
$4,505,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,259,348
Salaries, Compensation, and Employee Benefits$1,824,010
Other Expenses$781,230
Total Fundraising Expense$260,524
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,256,365--$2,256,365
Other Salaries and Wages$853,383$144,078$110,829$1,108,290
Current Officers, Directors, Trustees, and Key Employees$320,559$54,120$41,628$416,307
Fees for Services Other$176,105$29,732$22,871$228,708
Other Employee Benefits$138,981$23,464$18,050$180,495
Office Expenses$135,031$22,797$17,537$175,365
Travel$86,537$14,610$11,239$112,386
Payroll Taxes$72,852$12,300$9,461$94,613
Occupancy$26,830$4,530$3,484$34,844
Pension Plan Contributions$18,714$3,160$2,431$24,305
Fees for Services Accounting$11,550$1,950$1,500$15,000
Conferences and Meetings$9,600$1,621$1,247$12,468
Insurance$8,237$1,391$1,070$10,698
Grants to Domestic Individuals$2,983--$2,983
Other Expenses$112$19$15$146
Total Functional Expenses$4,265,382$338,682$260,524$4,864,588

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,930,275
Expenses per Audited Statements$4,864,588
Total Expenses per Form 990$4,864,588
Expenses Not Reported on Form 990$65,687
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
VariousSacramento, CA3Various$115,125
Ali Forney CenterNew York, NY3Homeless$50,000
CHILDREN'S HEALTH FUNDNew York, NY3Health/safety$50,000
California Fire FoundationSacramento, CA3Disaster Relief$50,000
Center for Safety & ChangeNew City, NY3Health/safety$50,000
Covenant House New YorkNew York, NY3Homeless$50,000
Freedom HouseClinton, NJ3Health/safety$50,000
Friends of Karen IncNorth Salem, NY3Health/safety$50,000
Table to Table IncEnglewood Cliffs, NJ3Homeless$50,000
The Ana Grace ProjectNewtown, CT3Youth/education$50,000
The Child Center of New YorkForest Hills, NY3Health/safety$50,000
The Foodbank of Monmouth & Ocean CoNeptune, NJ3Health/safety$50,000
Create Your DreamsAtlanta, GA3Youth/education$40,000
Drake HouseRoswell, GA3Homeless$40,000
Our HouseAtlanta, GA3Youth/education$40,000
Operation Healing Forces IncClearwater, FL3Health/safety$35,000
Combined ArmsHouston, TX3Youth/education$25,000
Operation Healing Forces IncClearwater, FL3Health/safety$25,000
The Mia Hamm FoundationLos Angeles, CA3Health/safety$25,000
Wood Family FoundationChicago, IL3Homeless$25,000
Psalm 68fiveMckinney, TX3Health/safety$22,000
Habitat for Humanity InternationalAtlanta, GA3Health/safety$20,990
Be an AngelHouston, TX3Homeless$20,000
Boys Hope Girls Hope New YorkBrooklyn, NY3Youth/education$20,000
Cafe MomentumDallas, TX3Youth/education$20,000
Gift of AdoptionTechny, IL3Youth/education$20,000
KID NET FOUNDATION DBA JONATHAN'S PGarland, TX3Youth/education$20,000
Making It BetterHouston, TX3Youth/education$20,000
Merging Vets & PlayersLos Angeles, CA3Homeless$20,000
Mission Squash of HoustonHouston, TX3Youth/education$20,000
The First Tee of Greater DallasAddison, TX3Health/safety$20,000
Vogel AlcoveDallas, TX3Health/safety$20,000
Breakthrough Urban Ministries IncChicago, IL3Youth/education$15,000
CHILDREN'S ADVOCACY CENTER OF COLLIPlano, TX3Child Abuse Preventi$15,000
Casa De Esperanza De Los NinosHouston, TX3Youth/education$15,000
Cradles to Crayons IncChicago, IL3Youth/education$15,000
Operation Once in a LifetimePlano, TX3Health/safety$15,000
Our Friends PlaceDallas, TX3Health/safety$15,000
Read AllianceNew York, NY3Health/safety$15,000
Sons of the FlagDallas, TX3Health/safety$15,000
Star House Foundation IncRoswell, GA3Youth/education$15,000
Texas Lions CampKerrville, TX3Youth/education$15,000
The Gratitude InitiativeRed Oak, TX3Health/safety$15,000
Jumpstart for Young ChildrenSan Francisco, CA3Disaster Relief$14,750
Wardrobe for OpportunityOakland, CA3Health/safety$12,500
Open Books LtdChicago, IL3Youth/education$12,000
AgapePlano, TX3Youth/education$10,000
Assistance League of Southeastern MRochester, MI3Child Abuse Preventi$10,000
Austin Partners in EducationAustin, TX3Youth/education$10,000
Big Brothers Big Sisters of OrangeSanta Ana, CA3Youth/education$10,000
Boys & Girls Clubs of Garden GroveGarden Grove, CA3Youth/education$10,000
Bridge CommunitiesGlen Ellyn, IL3Health/safety$10,000
Brothers on the RiseOakland, CA3Homeless$10,000
Burbank Housing Management CorporatSanta Rosa, CA3Health/safety$10,000
CHILDREN'S BUREAU OF SOUTHERN CALIFLos Angeles, CA3Child Abuse Preventi$10,000
CHILDREN'S HOME & AID SOCIETY OF ILChicago, IL3Child Abuse Preventi$10,000
CHILDREN'S ONCOLOGY SERVICESChicago, IL3Youth/education$10,000
Calico CenterSan Leandro, CA3Child Abuse Preventi$10,000
Camp BlessingBrenham, TX3Youth/education$10,000
Chicago LightsChicago, IL3Youth/education$10,000
Child Abuse Prevention Council of CConcord, CA3Homeless$10,000
Con Mi MadreAustin, TX3Health/safety$10,000
Covenant House CaliforniaLos Angeles, CA3Homeless$10,000
Dress for SuccessCleveland, OH3Disaster Relief$10,000
Dupage Pads IncWheaton, IL3Health/safety$10,000
Elijah RisingHouston, TX3Health/safety$10,000
FosterallGlendale, CA3Health/safety$10,000
Friends of Thechildren-boston IncRoxbury, MA3Youth/education$10,000
Friends of the Children - Sf Bay ArSan Francisco, CA3Youth/education$10,000
Girls Incorporated of Orange CountyCosta Mesa, CA3Youth/education$10,000
Good Shepherd Shelter of Los AngeleLos Angeles, CA3Health/safety$10,000
International Medical CorpLos Angeles, CA3Homeless$10,000
Junior Achievement of DallasRichardson, TX3Youth/education$10,000
Kidpower Teenpower FullpowerCastro Valley, CA3Health/safety$10,000
Linc LaBellflower, CA3Disaster Relief$10,000
Little City FoundationPalatine, IL3Health/safety$10,000
Make-a-wish Foundation of North TexIrving, TX3Youth/education$10,000
Make-a-wish Greater Los AngelesLos Angeles, CA3Health/safety$10,000
Marin Link IncSan Rafael, CA3Youth/education$10,000
Mi Escuelita Preschool IncDallas, TX3Youth/education$10,000
Midtown Educational FoundationChicago, IL3Youth/education$10,000
New Way AcademyPhoenix, AZ3Youth/education$10,000
Oasis for GirlsSan Francisco, CA3Health/safety$10,000
Opportunity KnocksRiver Forest, IL3Health/safety$10,000
PEOPLE'S COMMUNITY CLINIC INCAustin, TX3Homeless$10,000
Pacific Asian Counseling ServicesLos Angeles, CA3Health/safety$10,000
Para Los NinosLos Angeles, CA3Health/safety$10,000
Peninsula Family ServiceSan Mateo, CA3Health/safety$10,000
Project VisionChicago, IL3Youth/education$10,000
Reading PartnersDenver, CO3Youth/education$10,000
Rebuilding Together PeninsulaRedwood City, CA3Health/safety$10,000
Ronald Mcdonald House of Dallas IncDallas, TX3Health/safety$10,000
SARAH'S INNOak Park, IL3Health/safety$10,000
Shanerock - Always BelieveCleveland, OH3Disaster Relief$10,000
Shimmering Wings IncDenver, CO3Youth/education$10,000
Stand for Families Free of ViolencConcord, CA3Child Abuse Preventi$10,000
Teen Lifeline IncPhoenix, AZ3Health/safety$10,000
The City MissionCleveland, OH3Youth/education$10,000
The Safe AllianceAustin, TX3Youth/education$10,000
The St Bernard Project IncNew Orleans, LA3Child Abuse Preventi$10,000
United to LearnDallas, TX3Youth/education$10,000
Young Mens Christian Association ofTustin, CA3Youth/education$10,000
Youth GuidanceChicago, IL3Youth/education$10,000
Central Valley Justice CoalitionFresno, CA3Health/safety$8,000
Disabled Athlete Sports AssociationSt Peters, MO3Health/safety$8,000
Human Options IncIrvine, CA3Child Abuse Preventi$8,000
Safe & SoundSan Francisco, CA3Health/safety$8,000
A Kid AgainTwinsburg, OH3Health/safety$7,500
Bottom LineJamaica Plain, MA3Health/safety$7,500
Community Servings IncJamaica Plain, MA3Homeless$7,500
Empower HerNorwell, MA3Health/safety$7,500
GIGI'S PLAYHOUSE INCLakewood, OH3Youth/education$7,500
The 2nd & 7 FoundationColumbus, OH3Youth/education$7,500
Olive CrestSanta Ana, CA3Health/safety$7,000
Butterfly HavenOverland, MO3Health/safety$6,000
City AcademySt Louis, MO3Youth/education$6,000
Covenant House MissouriSt Louis, MO3Homeless$6,000
Friends of YouthKirkland, WA3Youth/education$6,000
Friends of the Children SeattleSeattle, WA3Youth/education$6,000
Home WorksSt Louis, MO3Youth/education$6,000
OUR LADY'S INNSt Louis, MO3Homeless$6,000
Outdoors for All FoundationSeattle, WA3Health/safety$6,000
The St Louis MetromarketSt Louis, MO3Health/safety$6,000
United Jewish Appeal Federation ofNew York, NY3Youth/education$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,924,422
Fundraising Gross Income$1,924,422
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fund Raising Ev$4,863,855$1,924,422$377,040$1,547,382
Total Events$4,863,855$1,924,422$1,924,422-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Board of governors review form 990 in a regular meeting before it is filed with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

The organization monitors compliance through regular office meetings.

Form 990, Page 6, Part VI, Line 15A

The organization's independent board of governors review and approve compensation of ceo and other key employees.

Form 990, Page 6, Part VI, Line 15B

The compensation review is done by the independent board of governors on a annual basis.

Form 990, Page 6, Part VI, Line 19

The governing documents of the organization are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Insurance Industry Charitable
EIN
20-1240972
Phone
4242531107
Address
1999 AVENUE OF THE STARS STE 1100, LOS ANGELES, CA 90067

Signing Officer

Name
William Ross
Title
CEO
Phone
4242531107
Signed
2020-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Ross
Formed
1994
Legal Domicile
CA
Voting Board Members
24
Independent Board Members
24
Employees
12

Preparer

Firm
Grant Bennett Associates
Address
1375 EXPOSITION BLVD STE 230, SACRAMENTO, CA 95815-5143
Preparer
Dawn E Brenner
Phone
9169225109
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

PRIOR YEAR ROUNDING -4

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$1.33$3.11$6.96$7.20$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.32$1.05$3.27$6.43$6.51$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.22$0.89$3.33$5.86$5.85$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$0.92$3.53$6.04$5.48$0.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.98$1.10$2.88$5.55$5.17$0.37
2019Detailed filing. Detailed filing data is available for this year.$3.13$0.66$2.48$4.51$4.86$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$0.93$2.67$5.32$4.66$0.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$1.16$2.18$5.08$5.13$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$1.81$2.13$4.34$5.34$1.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.62$3.09$4.41$4.72$0.32
2014Detailed filing. Detailed filing data is available for this year.$3.90$0.42$3.48$4.22$4.39$0.17
2013Detailed filing. Detailed filing data is available for this year.$4.04$0.38$3.65$3.92$3.65$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.30$3.29$2.95
2011Summary only. Only limited summary data is available for this year.$2.98$0.02$2.96$2.35$2.43$0.08