Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Alabama Insurance & Risk Management Education Foundation
990EZ • Fiscal year 2017 • EIN 26-2707064
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Balance Sheet
Assets
Up$103,694
Up $60,664 (+141%) from 2016
Net Assets
Up$101,444
Up $58,414 (+136%) from 2016
Liabilities
Up$2,250
Up $2,250 from 2016
Revenue And Expenses
Revenue
Up$137,535
Up $25,815 (+23%) from 2016
Expenses
Up$79,121
Up $10,431 (+15%) from 2016
Net Income
Up$58,414
Up $15,384 (+36%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Nov 8, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $137,535
Mission and Program Overview
Mission
To provide valuable insurance information to professionals in our area.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION'S ANNUAL ALABAMA INSURANCE DAY (I-DAY) PROVIDES THE LATEST INFORMATION AND EDUCATION PERTINENT TO THE INSURANCE INDUSTRY. ANY PROFITS FROM THE EVENT PROVIDE SCHOLARSHIPS AND OTHER BENEFITS TO STUDENTS ENROLLED IN INSURANCE & FINANCIAL SERVICES, RISK MANAGEMENT, AND ACTUARIAL SCIENCE PROGRAMS AT THE UNIVERSITY OF ALABAMA. | $0 | $74,901 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JACK BRUNSON | Board Member | - | $0 | - | - |
| JIMMY DILL | Board Member | - | $0 | - | - |
| JIM PRIESTER | Board Member | - | $0 | - | - |
| BILL RABEL | Board Member | - | $0 | - | - |
| DON CURTIN | Chairman | - | $0 | - | - |
| KEVIN RUSSELL | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Alabama Insurance & Risk Management
- EIN
- 26-2707064
- Phone
- 2519438526
- Address
- P O DRAWER 610, FOLEY, AL 36536
Signing Officer
- Name
- Kevin Russell
- Title
- Treasurer
- Phone
- 2059993020
- Signed
- 2018-11-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Warren Averett LLC
- Address
- P O DRAWER 1210, FOLEY, AL 36536
- Preparer
- Kevin Leeser
- Phone
- 2519438571
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: spencer foundation grant. Grantee name: the university of alabama. Amount given: 3,275.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising and promotion. Amount: 2,688. Description: administrative. Amount: 29,844. Description: food and beverage. Amount: 11,213. Description: marketing. Amount: 66. Description: speaker expense. Amount: 11,738. Description: general program expense. Amount: 9,364. Description: bank service charges. Amount: 417. Description: conference center rent. Amount: 4,020. Description: insurance. Amount: 176. Description: contract services. Amount: 4,070. Description: accounting fees. Amount: 2,250. Total to form 990-ez, line 16: 75,846.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 31,662. End of year amount: 2,450.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable . Beg. Of year amount: 0. End of year amount: 2,250.”
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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KEVIN RUSSELL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2519993020 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 315 E LAUREL AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FOLEY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 36535 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 11368 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 101244 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 111685 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 58414 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 43030 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 103694 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 3275 |
| IRS990EZ/GrossReceiptsAmt | 0 | 137535 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 43030 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 101444 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 43030 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 101444 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JACK BRUNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JIMMY DILL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JIM PRIESTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BILL RABEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DON CURTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | KEVIN RUSSELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 31662 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2450 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 75846 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE VALUABLE INSURANCE INFORMATION TO PROFESSIONALS IN OUR AREA. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 25850 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION'S ANNUAL ALABAMA INSURANCE DAY (I-DAY) PROVIDES THE LATEST INFORMATION AND EDUCATION PERTINENT TO THE INSURANCE INDUSTRY. ANY PROFITS FROM THE EVENT PROVIDE SCHOLARSHIPS AND OTHER BENEFITS TO STUDENTS ENROLLED IN INSURANCE & FINANCIAL SERVICES, RISK MANAGEMENT, AND ACTUARIAL SCIENCE PROGRAMS AT THE UNIVERSITY OF ALABAMA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 74901 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | AL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2250 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 79121 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 74901 |
| IRS990EZ/TotalRevenueAmt | 0 | 137535 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 111685 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 94225 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 205910 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 43345 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 205910 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 111685 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 94225 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 205910 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 205910 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: SPENCER FOUNDATION GRANT. GRANTEE NAME: THE UNIVERSITY OF ALABAMA. AMOUNT GIVEN: 3,275. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 2,688. DESCRIPTION: ADMINISTRATIVE. AMOUNT: 29,844. DESCRIPTION: FOOD AND BEVERAGE. AMOUNT: 11,213. DESCRIPTION: MARKETING. AMOUNT: 66. DESCRIPTION: SPEAKER EXPENSE. AMOUNT: 11,738. DESCRIPTION: GENERAL PROGRAM EXPENSE. AMOUNT: 9,364. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 417. DESCRIPTION: CONFERENCE CENTER RENT. AMOUNT: 4,020. DESCRIPTION: INSURANCE. AMOUNT: 176. DESCRIPTION: CONTRACT SERVICES. AMOUNT: 4,070. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 2,250. TOTAL TO FORM 990-EZ, LINE 16: 75,846. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 31,662. END OF YEAR AMOUNT: 2,450. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,250. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KEVIN RUSSELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2059993020 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALABAMA INSURANCE & RISK MANAGEMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | EDUCATION FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALAB |
| ReturnHeader/Filer/EIN | 0 | 262707064 |
| ReturnHeader/Filer/PhoneNum | 0 | 2519438526 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O DRAWER 610 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FOLEY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 36536 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 64B46EDE7966545F7664285518FC030F2B0BB35C |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 209.136.244.2 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-08 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 10:56:01 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 454084437 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WARREN AVERETT LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | P O DRAWER 1210 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FOLEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 36536 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2519438571 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-11-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KEVIN LEESER |
| ReturnHeader/ReturnTs | 0 | 2018-11-15T08:27:49-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $103,694
- Liabilities
- $2,250
- Net assets
- $101,444
- Revenue
- $137,535
- Expenses
- $79,121
- Net income
- $58,414