Civic Intelligence

Westfield Agents Association

990EZ • Fiscal year 2020 • EIN 23-7263278

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 22, 2021

811 Madison AvenueToledo, OH 43604

(419) 259-2791

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

94th percentile

49%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

72nd percentile

19%

Faster asset growth than 72% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

58th percentile

-14%

Faster revenue growth than 58% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$440,356

Up $69,099 (+19%) from 2019

Net Assets

Up

$440,356

Up $69,099 (+19%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$48,750

Down $7,624 (-14%) from 2019

Expenses

Down

$24,626

Down $47,488 (-66%) from 2019

Net Income

Up

$24,124

Up $39,864 (+253%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $388,807Net Assets 2014: $388,8072014Assets 2015: $320,600Net Assets 2015: $320,6002015Assets 2016: $329,553Net Assets 2016: $329,5532016Assets 2017: $358,699Net Assets 2017: $358,6992017Assets 2018: $324,752Net Assets 2018: $324,7522018Assets 2019: $371,257Liabilities 2019: $0Net Assets 2019: $371,2572019Assets 2020: $440,356Liabilities 2020: $0Net Assets 2020: $440,3562020Assets 2021: $488,850Liabilities 2021: $0Net Assets 2021: $488,8502021Assets 2022: $345,140Liabilities 2022: $0Net Assets 2022: $345,1402022Assets 2023: $396,222Liabilities 2023: $0Net Assets 2023: $396,2222023Assets 2024: $426,894Liabilities 2024: $0Net Assets 2024: $426,8942024

Highlighted filing

2020

Assets$440,356
Liabilities$0
Net Assets$440,356

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2014: $47,313Expenses 2014: $61,199Net Income 2014: -$13,8862014Revenue 2015: $41,362Expenses 2015: $100,520Net Income 2015: -$59,1582015Revenue 2016: $58,596Expenses 2016: $64,336Net Income 2016: -$5,7402016Revenue 2017: $58,526Expenses 2017: $61,820Net Income 2017: -$3,2942017Revenue 2018: $58,784Expenses 2018: $64,431Net Income 2018: -$5,6472018Revenue 2019: $56,374Expenses 2019: $72,114Net Income 2019: -$15,7402019Revenue 2020: $48,750Expenses 2020: $24,626Net Income 2020: $24,1242020Revenue 2021: $10,160Expenses 2021: $18,509Net Income 2021: -$8,3492021Revenue 2022: $12,389Expenses 2022: $57,618Net Income 2022: -$45,2292022Revenue 2023: $9,863Expenses 2023: $4,422Net Income 2023: $5,4412023Revenue 2024: $7,067Expenses 2024: $22,760Net Income 2024: -$15,6932024

Highlighted filing

2020

Revenue$48,750
Expenses$24,626
Net Income$24,124
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 22, 2021
Return Version
2020v4.1
Gross Receipts
$48,750
Mission and Program Overview

Mission

The association provides education and insight about insurance distribution andthe marketplace and provides curriculum for advanced insurance sales, managementand technical training for emerging producers and future agency principals. Theassociation sponsors and administers a college sponsorship program for studentswho may go on to pursue future careers in insurance.

Program Services

DescriptionGrantsExpenses
PROVIDE SCHOLARSHIPS FOR STUDENTS WISHING TO PURSUE A CAREER IN THE INSURANCE INDUSTRY$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TODD GEORGEPast President-$0--
NATHAN CHAPMANPresident-$0--
GLORIA FORBESVice President-$0--
ADAM DYERDirector-$0--
TERRY MORMANTreasurer-$0--
MARTY MUCHNOKDirector-$0--
QUINN SHEPHERDDirector-$0--
JARRETT BRIDGESSecretary-$0--
ASHLEY BAUERDirector-$0--
JESSICA JUNGDirector-$0--
JAY MUELLERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Westfield Agents Association
EIN
23-7263278
Phone
4192592791
Address
811 MADISON AVENUE, TOLEDO, OH 43604

Signing Officer

Name
Terry Morman
Title
Treasurer
Phone
4192592791
Signed
2021-06-22
Discuss with paid preparer
Yes

Preparer

Firm
Digiovine Hnilo Jordan & Johnson
Address
184 SHUMAN BLVD STE 200, NAPERVILLE, IL 60563
Preparer
Patrick Kolzow CPA
Phone
6304201360
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Payments to Affiliates

Affiliate name: westfield group scholarship fund. Affiliate address: po box 5001 westfield center, oh 44251. Purpose of payment: scholarship. Amount of payment: 14,250.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: educational. Grantee name: iiaba conference. Grantee address: 127 south peyton street alexandria, va 22314. Date of gift: various. Amount given: 10,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: appreciation gifts. Amount: 101. Description: office supplies. Amount: 265. Description: accounting fees. Amount: 10. Total to form 990-ez, line 16: 376.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gain (loss) on investments. Amount: 44,975.

Raw XML Appendix160 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum04192592791
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0811 MADISON AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TOLEDO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd043604
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TODD GEORGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NATHAN CHAPMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GLORIA FORBES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ADAM DYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TERRY MORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARTY MUCHNOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6QUINN SHEPHERD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JARRETT BRIDGES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JESSICA JUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10JAY MUELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt044975
IRS990EZ/OtherExpensesTotalAmt0376
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ASSOCIATION PROVIDES EDUCATION AND INSIGHT ABOUT INSURANCE DISTRIBUTION ANDTHE MARKETPLACE AND PROVIDES CURRICULUM FOR ADVANCED INSURANCE SALES, MANAGEMENTAND TECHNICAL TRAINING FOR EMERGING PRODUCERS AND FUTURE AGENCY PRINCIPALS. THEASSOCIATION SPONSORS AND ADMINISTERS A COLLEGE SPONSORSHIP PROGRAM FOR STUDENTSWHO MAY GO ON TO PURSUE FUTURE CAREERS IN INSURANCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE SCHOLARSHIPS FOR STUDENTS WISHING TO PURSUE A CAREER IN THE INSURANCE INDUSTRY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt024626
IRS990EZ/TotalRevenueAmt048750
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WESTFIELDINSURANCE.COM/ABOUT-US/WESTFIELD-AGENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFFILIATE NAME: WESTFIELD GROUP SCHOLARSHIP FUND. AFFILIATE ADDRESS: PO BOX 5001 WESTFIELD CENTER, OH 44251. PURPOSE OF PAYMENT: SCHOLARSHIP. AMOUNT OF PAYMENT: 14,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: EDUCATIONAL. GRANTEE NAME: IIABA CONFERENCE. GRANTEE ADDRESS: 127 SOUTH PEYTON STREET ALEXANDRIA, VA 22314. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: APPRECIATION GIFTS. AMOUNT: 101. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 265. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 10. TOTAL TO FORM 990-EZ, LINE 16: 376.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: UNREALIZED GAIN (LOSS) ON INVESTMENTS. AMOUNT: 44,975.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY MORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04192592791
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTFIELD AGENTS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0237263278
ReturnHeader/Filer/PhoneNum04192592791
ReturnHeader/Filer/USAddress/AddressLine1Txt0811 MADISON AVENUE
ReturnHeader/Filer/USAddress/CityNm0TOLEDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043604
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363029663
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIGIOVINE HNILO JORDAN & JOHNSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0184 SHUMAN BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NAPERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060563
ReturnHeader/PreparerPersonGrp/PhoneNum06304201360
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK KOLZOW CPA
ReturnHeader/ReturnTs02021-07-15T15:33:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings