Civic Intelligence

National Insurance Crime Training Academy

990 • Fiscal year 2015 • EIN 31-1768814

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 02, 2016

1111 East Touhy Avenue Suite 400Des Plaines, IL 60018

(847) 544-7000

Siviq Scores

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

Liabilities / Assets

56th percentile

0.15x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

72nd percentile

0.37x

Higher debt load relative to revenue than 72% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

86th percentile

31%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$289,109

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 67.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

83rd percentile

23%

Faster asset growth than 83% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-4.0%

Faster revenue growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,070,596

Up $426,813 (+66%) from 2013

Net Assets

Up

$911,419

Up $289,970 (+47%) from 2013

Liabilities

Up

$159,177

Up $136,843 (+613%) from 2013

Revenue

Up

$429,847

Up $22,803 (+5.6%) from 2013

Expenses

Down

$296,460

Down $119,213 (-29%) from 2013

Net Income

Up

$133,387

Up $142,016 (+1646%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $634,639Liabilities 2011: $21,768Net Assets 2011: $612,8712011Assets 2012: $665,147Liabilities 2012: $35,069Net Assets 2012: $630,0782012Assets 2013: $643,783Liabilities 2013: $22,334Net Assets 2013: $621,4492013Assets 2015: $1,070,596Liabilities 2015: $159,177Net Assets 2015: $911,4192015Assets 2016: $1,306,703Liabilities 2016: $242,433Net Assets 2016: $1,064,2702016Assets 2017: $1,352,396Liabilities 2017: $97,021Net Assets 2017: $1,255,3752017Assets 2018: $1,143,910Liabilities 2018: $120,671Net Assets 2018: $1,023,2392018Assets 2019: $812,380Liabilities 2019: $167,107Net Assets 2019: $645,2732019Assets 2020: $854,335Liabilities 2020: $165,135Net Assets 2020: $689,2002020Assets 2021: $1,058,967Liabilities 2021: $188,008Net Assets 2021: $870,9592021Assets 2022: $1,141,371Liabilities 2022: $246,730Net Assets 2022: $894,6412022Assets 2024: $1,161,966Liabilities 2024: $297,580Net Assets 2024: $864,3862024

Highlighted filing

2015

Assets$1,070,596
Liabilities$159,177
Net Assets$911,419

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $329,0202011Expenses 2012: $390,9752012Revenue 2013: $407,044Expenses 2013: $415,673Net Income 2013: -$8,6292013Revenue 2015: $429,847Expenses 2015: $296,460Net Income 2015: $133,3872015Revenue 2016: $523,719Expenses 2016: $370,869Net Income 2016: $152,8502016Revenue 2017: $544,805Expenses 2017: $335,741Net Income 2017: $209,0642017Revenue 2018: $528,896Expenses 2018: $761,032Net Income 2018: -$232,1362018Revenue 2019: $446,551Expenses 2019: $824,517Net Income 2019: -$377,9662019Revenue 2020: $584,934Expenses 2020: $541,007Net Income 2020: $43,9272020Revenue 2021: $656,393Expenses 2021: $474,634Net Income 2021: $181,7592021Revenue 2022: $581,221Expenses 2022: $557,539Net Income 2022: $23,6822022Revenue 2024: $575,733Expenses 2024: $587,358Net Income 2024: -$11,6252024

Highlighted filing

2015

Revenue$429,847
Expenses$296,460
Net Income$133,387
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 2, 2016
Return Version
2015v2.1
Gross Receipts
$429,847
Mission and Program Overview

Mission

Provide anti-fraud training to insurance industry, law enforcement, and the public through online courseware.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$778,032$911,419▲ $133,387
Cash and Non-Interest-Bearing Accounts$626,607$826,946▲ $200,339
Prepaid Expenses and Deferred Charges$155,374$232,525▲ $77,151
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$871,481$1,070,596▲ $199,115
Other Assets Total$89,500$11,125▼ $78,375
Liabilities
Deferred Revenue$33,500$94,500▲ $61,000
Other Liabilities$58,852$62,440▲ $3,588
Accounts Payable and Accrued Expenses$1,097$2,237▲ $1,140
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$93,449$159,177▲ $65,728
Net Assets / Fund Balance
Total Net Assets Fund Balance$778,032$911,419▲ $133,387
Total Liabilities and Net Assets / Fund Balance$871,481$1,070,596▲ $199,115
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas WelshPresidentPT$38,325$172,165$38,325

Board Members and Trustees

NameTitle
Robert JachnickiChairman/Treasurer
Drew SosnowskiSec/Legal Counsel
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$429,847
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$133,387

Audited Revenue Reconciliation

Revenue per Audited Statements
$429,847
Total Revenue per Audited Statements
$429,847
Total Revenue per Form 990
$429,847
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$242,433
Salaries, Compensation, and Employee Benefits$54,027
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$62,665--$62,665
Current Officers, Directors, Trustees, and Key Employees-$38,325-$38,325
Other Salaries and Wages-$15,702-$15,702
Fees for Services Accounting-$14,959-$14,959
Office Expenses$7,986--$7,986
Occupancy-$6,228-$6,228
Conferences and Meetings$6,004--$6,004
All Other Expenses$5,950--$5,950
Other Expenses$10--$0
Total Functional Expenses$221,246$75,214$0$296,460

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$296,460
Total Expenses per Audited Statements$296,460
Total Expenses per Form 990$296,460
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Nicb$62,440
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8B

There are no committees.

Filing and Contact Details

Filer

Filer Name
National Insurance Crime Training Academy
EIN
31-1768814
In Care Of
% ROBERT JACHNICKI
Phone
8475447000
Address
1111 East Touhy Avenue Suite 400, Des Plaines, IL 60018

Signing Officer

Name
Robert Jachnicki
Title
Chairman
Phone
8475447000
Signed
2016-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Jachnicki
Formed
2001
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Grant Thornton Llp
Address
171 N CLARK ST SUITE 200, CHICAGO, IL 60601
Preparer
Bridget T Roche
Phone
8475447000
Supplemental Narrative

Additional Explanations

Executive Committee and Other Committees

FORM 990, PART VI, LINE 1A THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, MAY DESIGNATE AN EXECUTIVE COUNCIL, WHICH SHALL CONSIST OF SUCH DIRECTORS AS THE BOARD SHALL APPOINT, TO PROVIDE DIRECTION AND GUIDANCE FOR ALL PROGRAMS OF THE CORPORATION. BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, THE BOARD OF DIRECTORS MAY ALSO CREATE SUCH OTHER COMMITTEES AS THE BOARD DEEMS PROPER. THE EXECUTIVE COUNCIL, TO THE EXTENT PROVIDED IN THE RESOLUTION CREATING IT, AND EXCEPT AS OTHERWISE PROVIDED IN APPLICABLE STATUTES, THE ARTICLES OF INCORPORATION, OR THESE BYLAWS, SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION; BUT THE DESIGNATION OF THE EXECUTIVE COUNCIL, AND THE DELEGATION THERETO OF AUTHORITY, SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS, OR ANY INDIVIDUAL DIRECTOR, OF ANY RESPONSIBILITY IMPOSED UPON IT OR HIM/HER BY LAW. UNLESS OTHERWISE PROVIDED IN THE RESOLUTION CREATING IT, A COMMITTEE MAY SELECT ITS CHAIRPERSON, FIX THE TIME AND PLACE OF ITS MEETINGS, SPECIFY WHAT NOTICE OF MEETINGS, IF ANY, SHALL BE GIVEN, AND FIX ITS RULES OF PROCEDURE, WHICH SHALL NOT BE INCONSISTENT WITH THESE BYLAWS OR WITH RULES ADOPTED BY THE BOARD OF DIRECTORS. THE ACT OF A MAJORITY OF COMMITTEE MEMBERS PRESENT AT A MEETING AT WHICH A QUORUM IS PRESENT SHALL BE THE ACT OF THE COMMITTEE. INDEPENDENT VOTING MEMBERS FORM 990, PART VI, LINE 1B THE THREE VOTING MEMBERS OF NICTA ARE PAID EMPLOYEES OF A RELATED ORGANIZATION NATIONAL INSURANCE CRIME BUREAU. OFFICER RELATIONSHIPS Form 990, Part VI, Line 2 Robert Jachnicki, Thomas Welsh, and Drew Sosnowski have a business relationship with each other as employees at a related organization National Insurance Crime Bureau.

power and rights of related organizations

Form 990, Part VI, Line 7a and 7b PER THE ORGANIZATION'S GOVERNING DOCUMENTS, THE DIRECTORS OF NATIONAL INSURANCE CRIME TRAINING ACADEMY SHALL BE THE EMPLOYEES OF NATIONAL INSURANCE CRIME BUREAU, A RELATED ORGANIZATION. NATIONAL INSURANCE CRIME BUREAU HAS THE RIGHT TO APPOINT THE GOVERNING BODY, AND HAS RIGHTS OVER MAKING CHANGES TO ITS ORGANIZATIONAL DOCUMENTS.

Form 990 Review Process

Form 990, Part VI, Line 11b A NATIONAL PUBLIC ACCOUNTING FIRM PREPARES THE FORM 990. A DRAFT OF THE RETURN IS REVIEWED BY THE NATIONAL INSURANCE CRIME TRAINING ACADEMY (NICTA) TREASURER AND INTERNAL ACCOUNTING NICB PERSONNEL. AN UPDATED FINAL DRAFT IS REVIEWED BY THE NATIONAL INSURANCE CRIME BUREAU (NICB) AUDIT/FINANCE COMMITTEE FOR FINAL APPROVAL AND FORWARDED TO THE ENTIRE NICB BOARD OF GOVERNORS FOR COMMENTS PRIOR TO FILING.

Conflict of Interest Policy Monitoring & Enforcement

Form 990, Part VI, Line 12c AS NATIONAL INSURANCE CRIME TRAINING ACADEMY (NICTA) ACTIVITIES ARE ASSOCIATED WITH NATIONAL INSURANCE CRIME BUREAU (NICB), NICB'S POLICIES AND GUIDELINES ARE APPLIED TO NICTA AND NICB'S CHIEF COMPLIANCE OFFICER REVIEWS ACTIVITIES OF NICB EMPLOYEES PERFORMING NICTA FUNCTIONS FOR COMPLIANCE WITH GUIDELINES. CONFLICTS ARE REPORTED TO THE COMPLIANCE OFFICER, AND THE COMPLIANCE OFFICER REPORTS ALL MATTERS TO THE NICB AUDIT/FINANCE COMMITTEE FOR REVIEW.

Compensation Policy

FORM 990, PART VI, LINE 15A & B NATIONAL INSURANCE CRIME BUREAU (NICB) ACTS AS A COMMON PAYMASTER FOR ITSELF AND NATIONAL INSURANCE CRIME TRAINING ACADEMY (NICTA). SEE TREAS. REG. 31.3121(S)-1(B)(2). CONISTENT WITH FORM 990 INSTRUCTIONS, COMPENSATION REPORTED ON SCHEDULE J FOR OFFICERS REFLECTS AMOUNTS ATTRIBUTABLE TO NICTA UNDER THIS COMMON PAYMASTER AGREEMENT. EACH OF THESE OFFICERS IS A W-2 EMPLOYEE OF NICB AND RECEIVES A SINGLE PAYCHECK FROM NICB. HOWEVER, WAGE, BENEFITS, and RELATED TAXES ARE ALLOCATED BETWEEN THE TWO ORGANIZATIONS BASED ON TIME DEDICATED TO EACH. NOTES TO THEIR COMPENSATION PACKAGES ARE AVAILABLE IN SCHEDULE J OF THE NICB FORM 990 FOR TAX YEAR 2015. COMPENSATION REPORTED ON SCHEDULE J AS WELL AS COMPENSATION FOR SHARED EMPLOYEES IS REPORTED SIMILARLY. ANY COMPENSATION THEY RECEIVE FROM NICB IS REVIEWED BY NICB'S EXECUTIVE / COMPENSATION / NOMINATING COMMITTEE.

Governing Documents Made Available

Form 990, part vi, line 19 articles, bylaws, conflict of interest policy, and financial statements are made available to the public upon request.

Financial Statement Notes

Fin 48 Footnote

Schedule d, part x, line 2, fin 48 nicta has received a favorable determination letter from the internal revenue service, stating that it is exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code of 1986 (irc), except for income taxes pertaining to unrelated business income. The financial accounting standards board issued guidance that requires tax effects from uncertain tax positions to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain positions that require recognition in the financial statements. Additionally, no provision for income taxes is required for the financial statements. There is no interest or penalties recognized in the statement of activities or statement of position. The tax years ending 2012, 2013, 2014, and 2015 are still open to audit for both federal and state purposes.

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IRS990/Desc0NICTA registered 31,416 new students in 2015. Overall 55,300 students enrolled in 113,800 online offerings during 2015. The top online courses during 2015 were: Introduction to Insurance Fraud Investigation, Insurance Fraud Basics, Customer Service and Fraud Investigation, Identity Theft and Fraud, Staged Auto Accidents, and Recognizing Organized Insurance Fraud. In 2015, 14,151 NICTA CE's were processed.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCHEDULE D, PART X, LINE 2, FIN 48 NICTA HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE, STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (IRC), EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REQUIRED FOR THE FINANCIAL STATEMENTS. THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENT OF ACTIVITIES OR STATEMENT OF POSITION. THE TAX YEARS ENDING 2012, 2013, 2014, AND 2015 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FIN 48 FOOTNOTE
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Robert Jachnicki
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Thomas Welsh
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Drew Sosnowski
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Chairman/Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Sec/Legal Counsel
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, LINE 1A THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, MAY DESIGNATE AN EXECUTIVE COUNCIL, WHICH SHALL CONSIST OF SUCH DIRECTORS AS THE BOARD SHALL APPOINT, TO PROVIDE DIRECTION AND GUIDANCE FOR ALL PROGRAMS OF THE CORPORATION. BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, THE BOARD OF DIRECTORS MAY ALSO CREATE SUCH OTHER COMMITTEES AS THE BOARD DEEMS PROPER. THE EXECUTIVE COUNCIL, TO THE EXTENT PROVIDED IN THE RESOLUTION CREATING IT, AND EXCEPT AS OTHERWISE PROVIDED IN APPLICABLE STATUTES, THE ARTICLES OF INCORPORATION, OR THESE BYLAWS, SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION; BUT THE DESIGNATION OF THE EXECUTIVE COUNCIL, AND THE DELEGATION THERETO OF AUTHORITY, SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS, OR ANY INDIVIDUAL DIRECTOR, OF ANY RESPONSIBILITY IMPOSED UPON IT OR HIM/HER BY LAW. UNLESS OTHERWISE PROVIDED IN THE RESOLUTION CREATING IT, A COMMITTEE MAY SELECT ITS CHAIRPERSON, FIX THE TIME AND PLACE OF ITS MEETINGS, SPECIFY WHAT NOTICE OF MEETINGS, IF ANY, SHALL BE GIVEN, AND FIX ITS RULES OF PROCEDURE, WHICH SHALL NOT BE INCONSISTENT WITH THESE BYLAWS OR WITH RULES ADOPTED BY THE BOARD OF DIRECTORS. THE ACT OF A MAJORITY OF COMMITTEE MEMBERS PRESENT AT A MEETING AT WHICH A QUORUM IS PRESENT SHALL BE THE ACT OF THE COMMITTEE. INDEPENDENT VOTING MEMBERS FORM 990, PART VI, LINE 1B THE THREE VOTING MEMBERS OF NICTA ARE PAID EMPLOYEES OF A RELATED ORGANIZATION NATIONAL INSURANCE CRIME BUREAU. OFFICER RELATIONSHIPS Form 990, Part VI, Line 2 Robert Jachnicki, Thomas Welsh, and Drew Sosnowski have a business relationship with each other as employees at a related organization National Insurance Crime Bureau.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990, Part VI, Line 7a and 7b PER THE ORGANIZATION'S GOVERNING DOCUMENTS, THE DIRECTORS OF NATIONAL INSURANCE CRIME TRAINING ACADEMY SHALL BE THE EMPLOYEES OF NATIONAL INSURANCE CRIME BUREAU, A RELATED ORGANIZATION. NATIONAL INSURANCE CRIME BUREAU HAS THE RIGHT TO APPOINT THE GOVERNING BODY, AND HAS RIGHTS OVER MAKING CHANGES TO ITS ORGANIZATIONAL DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There are no committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990, Part VI, Line 11b A NATIONAL PUBLIC ACCOUNTING FIRM PREPARES THE FORM 990. A DRAFT OF THE RETURN IS REVIEWED BY THE NATIONAL INSURANCE CRIME TRAINING ACADEMY (NICTA) TREASURER AND INTERNAL ACCOUNTING NICB PERSONNEL. AN UPDATED FINAL DRAFT IS REVIEWED BY THE NATIONAL INSURANCE CRIME BUREAU (NICB) AUDIT/FINANCE COMMITTEE FOR FINAL APPROVAL AND FORWARDED TO THE ENTIRE NICB BOARD OF GOVERNORS FOR COMMENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990, Part VI, Line 12c AS NATIONAL INSURANCE CRIME TRAINING ACADEMY (NICTA) ACTIVITIES ARE ASSOCIATED WITH NATIONAL INSURANCE CRIME BUREAU (NICB), NICB'S POLICIES AND GUIDELINES ARE APPLIED TO NICTA AND NICB'S CHIEF COMPLIANCE OFFICER REVIEWS ACTIVITIES OF NICB EMPLOYEES PERFORMING NICTA FUNCTIONS FOR COMPLIANCE WITH GUIDELINES. CONFLICTS ARE REPORTED TO THE COMPLIANCE OFFICER, AND THE COMPLIANCE OFFICER REPORTS ALL MATTERS TO THE NICB AUDIT/FINANCE COMMITTEE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990, PART VI, LINE 15A & B NATIONAL INSURANCE CRIME BUREAU (NICB) ACTS AS A COMMON PAYMASTER FOR ITSELF AND NATIONAL INSURANCE CRIME TRAINING ACADEMY (NICTA). SEE TREAS. REG. 31.3121(S)-1(B)(2). CONISTENT WITH FORM 990 INSTRUCTIONS, COMPENSATION REPORTED ON SCHEDULE J FOR OFFICERS REFLECTS AMOUNTS ATTRIBUTABLE TO NICTA UNDER THIS COMMON PAYMASTER AGREEMENT. EACH OF THESE OFFICERS IS A W-2 EMPLOYEE OF NICB AND RECEIVES A SINGLE PAYCHECK FROM NICB. HOWEVER, WAGE, BENEFITS, and RELATED TAXES ARE ALLOCATED BETWEEN THE TWO ORGANIZATIONS BASED ON TIME DEDICATED TO EACH. NOTES TO THEIR COMPENSATION PACKAGES ARE AVAILABLE IN SCHEDULE J OF THE NICB FORM 990 FOR TAX YEAR 2015. COMPENSATION REPORTED ON SCHEDULE J AS WELL AS COMPENSATION FOR SHARED EMPLOYEES IS REPORTED SIMILARLY. ANY COMPENSATION THEY RECEIVE FROM NICB IS REVIEWED BY NICB'S EXECUTIVE / COMPENSATION / NOMINATING COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990, PART VI, LINE 19 ARTICLES, BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.30$0.86$0.58$0.59$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.25$0.89$0.58$0.56$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.19$0.87$0.66$0.47$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.17$0.69$0.58$0.54$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.17$0.65$0.45$0.82$0.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.12$1.02$0.53$0.76$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.10$1.26$0.54$0.34$0.21
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.24$1.06$0.52$0.37$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.16$0.91$0.43$0.30$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.64$0.02$0.62$0.41$0.42$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.04$0.63$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.02$0.61$0.33