Civic Intelligence

Cincinnati Insurance Board

990EZ • Fiscal year 2022 • EIN 31-0239870

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

2300 Wall StreetCincinnati, OH 45212

(513) 533-1200

Siviq Scores

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

Liabilities / Assets

89th percentile

0.39x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.17x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

7th percentile

-55%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

94th percentile

$82,972

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 58.7% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

4th percentile

-60%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

17th percentile

-18%

Faster revenue growth than 17% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$61,847

Down $94,654 (-60%) from 2021

Net Assets

Down

$37,447

Down $97,676 (-72%) from 2021

Liabilities

Up

$24,400

Up $3,022 (+14%) from 2021

Revenue

Down

$141,440

Down $31,659 (-18%) from 2021

Expenses

Up

$219,856

Up $8,097 (+3.8%) from 2021

Net Income

Down

-$78,416

Down $39,756 (-103%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $134,452Liabilities 2011: $35,918Net Assets 2011: $98,5342011Assets 2012: $154,102Liabilities 2012: $38,421Net Assets 2012: $115,6812012Assets 2013: $118,694Liabilities 2013: $2,072Net Assets 2013: $116,6222013Assets 2014: $115,102Liabilities 2014: $2,108Net Assets 2014: $112,9942014Assets 2015: $113,630Liabilities 2015: $778Net Assets 2015: $112,8522015Assets 2016: $167,347Liabilities 2016: $61Net Assets 2016: $167,2862016Assets 2017: $163,595Liabilities 2017: $783Net Assets 2017: $162,8122017Assets 2018: $157,169Liabilities 2018: $27Net Assets 2018: $157,1422018Assets 2019: $216,281Liabilities 2019: $12Net Assets 2019: $216,2692019Assets 2020: $125,563Liabilities 2020: $22,030Net Assets 2020: $103,5332020Assets 2021: $156,501Liabilities 2021: $21,378Net Assets 2021: $135,1232021Assets 2022: $61,847Liabilities 2022: $24,400Net Assets 2022: $37,4472022Assets 2023: $49,566Liabilities 2023: $19,400Net Assets 2023: $30,1662023Assets 2024: $38,074Liabilities 2024: $25,236Net Assets 2024: $12,8382024

Highlighted filing

2022

Assets$61,847
Liabilities$24,400
Net Assets$37,447

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $246,1652011Expenses 2012: $231,5152012Expenses 2013: $239,4912013Revenue 2014: $218,722Expenses 2014: $224,466Net Income 2014: -$5,7442014Revenue 2015: $201,197Expenses 2015: $205,391Net Income 2015: -$4,1942015Revenue 2016: $194,303Expenses 2016: $184,297Net Income 2016: $10,0062016Revenue 2017: $175,824Expenses 2017: $175,896Net Income 2017: -$722017Revenue 2018: $174,255Expenses 2018: $169,801Net Income 2018: $4,4542018Revenue 2019: $176,526Expenses 2019: $183,694Net Income 2019: -$7,1682019Revenue 2020: $172,981Expenses 2020: $215,693Net Income 2020: -$42,7122020Revenue 2021: $173,099Expenses 2021: $211,759Net Income 2021: -$38,6602021Revenue 2022: $141,440Expenses 2022: $219,856Net Income 2022: -$78,4162022Revenue 2023: $189,331Expenses 2023: $196,612Net Income 2023: -$7,2812023Revenue 2024: $167,172Expenses 2024: $184,500Net Income 2024: -$17,3282024

Highlighted filing

2022

Revenue$141,440
Expenses$219,856
Net Income-$78,416
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.0
Gross Receipts
$141,440
Mission and Program Overview

Mission

To encourage integrity and ethical practices within the insurance industry and to provide professional development through educational services to insurance agents.

Program Services

DescriptionGrantsExpenses
TO PROVIDE EDUCATION TO MEMBER INSURANCE AGENTS VIA USE OF SEMINARS, BOOKS, MANUALS, TAPES, ETC. NON-MEMBERS ARE PERMITTED TO ATTEND EDUCATIONAL SEMINARS BUT DO NOT RECEIVE THE DISCOUNTED RATE PROVIDED TO MEMBERS. MEMBERS ALSO HAVE ACCESS TO NEWSLETTERS, DAILY NEWS CLIP SERVICE, COMPENSATION SURVEYS AND VARIOUS OTHER SERVICES.--
PROVIDE MOTOR VEHICLE REPORTS FOR POTENTIAL CUSTOMERS FOR INSURANCE AGENTS.--
TO PROVIDE SPECIAL EVENTS AND MEETINGS TO PROMOTE MEMBERSHIP IN THE BOARD AND TO DISSEMINATE INFORMATION NEEDED BY MEMBERS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER PIKEExec. V. PreFT$75,000$7,972$82,972
DANIEL DRIEHAUSPresident-$0--
CAMERON MURPHYTrustee-$0--
LAURENCE JONESTrustee-$0--
DEJUAN GOSSETTTrustee-$0--
ERIN KELLERTrustee-$0--
TOM KLINEDINST IIITrustee-$0--
MELISSA YOUNGTrustee-$0--
KENYON ABBOTTTrustee-$0--
CARMINE DILONARDOTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Cincinnati Insurance Board
EIN
31-0239870
Phone
5135331200
Address
2300 WALL STREET, CINCINNATI, OH 45212

Signing Officer

Name
Chris Kendall
Title
Executive Director
Phone
5135331200
Signed
2023-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Stephenson and Warner Inc Cpas
Address
1502 UNIVERSITY BLVD STE E, HAMILTON, OH 45011-3300
Preparer
Larry F Warner Ii CPA
Phone
5138688600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 3,708 office supplies & equipment 842 copier 108 telephone 4,197 information technology 11,176 travel 1,501 conferences and meetings 81 credit card interest 3,819 insurance 2,251 subscriptions 402 dues 300 cogs 1,742 instructor fees 14,200 text books 2,379 state prelicensing fees 58 seminar expense 20,192 state ce fees 1,515 state provider fees 3,391 member prog/meetings 19,630 moving expense 310 miscellaneous 657 self-study expense 3,029 seminar food expense 427 total 95,915

Form 990-ez, Part I, Line 20

Prior period adjustment -19,260 prior period adjustment related to ppp loan forgiveness

Form 990-ez, Part II, Line 24

Accounts receivable 872 5,823 inventories for sale or use 1,854 712 equipment 54,552 54,552 less accumulated depreciation 54,552 54,552 total 2,726 6,535

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 118 24,400 sba - eidl 2,000 0 payroll protection loan 19,260 0

Form 990-ez, Part III

To encourage integrity and ethical practices within the insurance industry and to provide professional development through educational services to insurance agents.

Form 990-ez, Part III, Line 28

To provide education to member insurance agents via use of seminars, books, manuals, tapes, etc. Non-members are permitted to attend educational seminars but do not receive the discounted rate provided to members. Members also have access to newsletters, daily news clip service, compensation surveys and various other services.

Raw XML Appendix144 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE N
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt975000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANIEL DRIEHAUS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LAURENCE JONES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ERIN KELLER
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE MOTOR VEHICLE REPORTS FOR POTENTIAL CUSTOMERS FOR INSURANCE AGENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2TO PROVIDE SPECIAL EVENTS AND MEETINGS TO PROMOTE MEMBERSHIP IN THE BOARD AND TO DISSEMINATE INFORMATION NEEDED BY MEMBERS.
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CIB-ONLINE.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 3,708 OFFICE SUPPLIES & EQUIPMENT 842 COPIER 108 TELEPHONE 4,197 INFORMATION TECHNOLOGY 11,176 TRAVEL 1,501 CONFERENCES AND MEETINGS 81 CREDIT CARD INTEREST 3,819 INSURANCE 2,251 SUBSCRIPTIONS 402 DUES 300 COGS 1,742 INSTRUCTOR FEES 14,200 TEXT BOOKS 2,379 STATE PRELICENSING FEES 58 SEMINAR EXPENSE 20,192 STATE CE FEES 1,515 STATE PROVIDER FEES 3,391 MEMBER PROG/MEETINGS 19,630 MOVING EXPENSE 310 MISCELLANEOUS 657 SELF-STUDY EXPENSE 3,029 SEMINAR FOOD EXPENSE 427 TOTAL 95,915
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD ADJUSTMENT -19,260 PRIOR PERIOD ADJUSTMENT RELATED TO PPP LOAN FORGIVENESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 872 5,823 INVENTORIES FOR SALE OR USE 1,854 712 EQUIPMENT 54,552 54,552 LESS ACCUMULATED DEPRECIATION 54,552 54,552 TOTAL 2,726 6,535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 118 24,400 SBA - EIDL 2,000 0 PAYROLL PROTECTION LOAN 19,260 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO ENCOURAGE INTEGRITY AND ETHICAL PRACTICES WITHIN THE INSURANCE INDUSTRY AND TO PROVIDE PROFESSIONAL DEVELOPMENT THROUGH EDUCATIONAL SERVICES TO INSURANCE AGENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROVIDE EDUCATION TO MEMBER INSURANCE AGENTS VIA USE OF SEMINARS, BOOKS, MANUALS, TAPES, ETC. NON-MEMBERS ARE PERMITTED TO ATTEND EDUCATIONAL SEMINARS BUT DO NOT RECEIVE THE DISCOUNTED RATE PROVIDED TO MEMBERS. MEMBERS ALSO HAVE ACCESS TO NEWSLETTERS, DAILY NEWS CLIP SERVICE, COMPENSATION SURVEYS AND VARIOUS OTHER SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS KENDALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05135331200
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CINCINNATI INSURANCE BOARD
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ReturnHeader/Filer/EIN0310239870
ReturnHeader/Filer/PhoneNum05135331200
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ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311452851
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEPHENSON AND WARNER INC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01502 UNIVERSITY BLVD STE E
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
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ReturnHeader/PreparerPersonGrp/PhoneNum05138688600
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRY F WARNER II CPA
ReturnHeader/ReturnTs02023-05-15T15:45:21-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KENDALL
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.38$0.25$0.13$1.67$1.85$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.19$0.30$1.89$1.97$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.24$0.37$1.41$2.20$0.78
2021Detailed filing. Detailed filing data is available for this year.$1.57$0.21$1.35$1.73$2.12$0.39
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.22$1.04$1.73$2.16$0.43
2019Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$1.77$1.84$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$1.74$1.70$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.64$0.01$1.63$1.76$1.76$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$1.94$1.84$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$2.01$2.05$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.02$1.13$2.19$2.24$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.02$1.17$2.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.38$1.16$2.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.36$0.99$2.46