Civic Intelligence

Naafa Inc

990EZ • Fiscal year 2023 • EIN 41-1690649

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 09, 2023

Organization ProfileWWW.NAAFA.COM
PO Box 578Circle Pines, MN 55014

(888) 716-2232

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.25x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

0.57x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

25th percentile

-12%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

38th percentile

-5.0%

Faster asset growth than 38% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-9.4%

Faster revenue growth than 25% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$158,441

Down $8,389 (-5.0%) from 2022

Net Assets

Down

$119,316

Down $8,389 (-6.6%) from 2022

Liabilities

Flat

$39,125

Flat from 2022

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin25th percentile

Revenue

Down

$68,291

Down $7,118 (-9.4%) from 2022

Expenses

Up

$76,680

Up $14,381 (+23%) from 2022

Net Income

Down

-$8,389

Down $21,499 (-164%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$200K$150K$100K$50K$0Assets 2014: $73,285Liabilities 2014: $39,1252014Assets 2015: $90,242Liabilities 2015: $39,1252015Assets 2016: $95,926Liabilities 2016: $39,1252016Assets 2017: $108,625Liabilities 2017: $39,1252017Assets 2018: $111,464Liabilities 2018: $39,1252018Assets 2019: $119,115Liabilities 2019: $39,1252019Assets 2020: $127,796Liabilities 2020: $39,1252020Assets 2021: $153,720Liabilities 2021: $39,125Net Assets 2021: $114,5952021Assets 2022: $166,830Liabilities 2022: $39,125Net Assets 2022: $127,7052022Assets 2023: $158,441Liabilities 2023: $39,125Net Assets 2023: $119,3162023Assets 2024: $169,872Liabilities 2024: $39,125Net Assets 2024: $130,7472024Assets 2025: $178,003Liabilities 2025: $39,125Net Assets 2025: $138,8782025

Highlighted filing

2023

Assets$158,441
Liabilities$39,125
Net Assets$119,316
Open 2023 Filing

Operations Trend

Revenue Growth25th percentile

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

$100K$50K$0-$50KRevenue 2014: $61,025Expenses 2014: $58,271Net Income 2014: $2,7542014Revenue 2015: $66,651Expenses 2015: $49,694Net Income 2015: $16,9572015Revenue 2016: $64,960Expenses 2016: $59,276Net Income 2016: $5,6842016Revenue 2017: $73,828Expenses 2017: $61,129Net Income 2017: $12,6992017Revenue 2018: $80,638Expenses 2018: $77,799Net Income 2018: $2,8392018Revenue 2019: $76,673Expenses 2019: $69,019Net Income 2019: $7,6542019Revenue 2020: $73,291Expenses 2020: $64,610Net Income 2020: $8,6812020Revenue 2021: $77,239Expenses 2021: $51,313Net Income 2021: $25,9262021Revenue 2022: $75,409Expenses 2022: $62,299Net Income 2022: $13,1102022Revenue 2023: $68,291Expenses 2023: $76,680Net Income 2023: -$8,3892023Revenue 2024: $78,142Expenses 2024: $66,711Net Income 2024: $11,4312024Revenue 2025: $84,606Expenses 2025: $76,475Net Income 2025: $8,1312025

Highlighted filing

2023

Revenue$68,291
Expenses$76,680
Net Income-$8,389
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$68,291
Mission and Program Overview

Mission

The association shall strive to provide professional fellowship by dedicating its activities to furthering the highest degree of ethical service to the insuring public. The association will support the strictest adherence to the integrity of its members as professional insurance agents. We will promote professional conduct and protect the legislative interest of our members through awareness and understanding of the issues facing the independent contractor insurance agents.

Program Services

DescriptionGrantsExpenses
THE NAAFA OFFICE PROVIDES ENCOURAGEMENT TO INSURANCE AGENTS AS THEY TRANSITION FROM SELLING INSURANCE EXCLUSIVELY FOR ONE COMPANY TO SELLING INSURANCE FOR MANY COMPANIES, OR, AS THEY TRANSITION FROM EMPLOYMENT TO RETIREMENT. NAAFA MAINTAINS AND CONTINUES TO DEVELOP A LIBRARY OF INFORMATION AND DOCUMENTS DESIGNED TO ASSIST INSURANCE AGENTS WITH THE CHALLENGES THEY FACE DURING THESE OFTEN DIFFICULT TRANSITION PERIODS.--
NAAFA PROVIDES A PLACE OF MORAL SUPPORT AND COMRADERY FOR CAPTIVE AND INDEPENDENT INSURANCE AGENTS. NAAFA PROVIDES A WEBSITE WITH HELPFUL INFORMATION REGARDING THE INSURANCE INDUSTRY, FOCUSING ON THE INTERESTS OF THE CAPTIVE AND/OR INDEPENDENT AGENT.--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HARRIET STAHLTreasurer-$0--
BUDDY COXPresident-$0--
RON ROGERSActing Secre-$0--
MARK HILLVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Naafa Inc
EIN
41-1690649
Phone
8887162232
Address
PO BOX 578, CIRCLE PINES, MN 55014

Signing Officer

Name
Harriet Stahl
Title
Treasurer
Phone
7637860700
Signed
2023-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Haga Kommer Ltd
Address
8338 HIGHWAY 65 NE SUITE A, SPRING LAKE PARK, MN 55432
Preparer
Michael S Wallin CPA
Phone
7637804015
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Advertising 4,800 total 4,800”

Form 990-ez, Part I, Line 16

“Expenses office supplies 2,599 phone 1,297 misc 154 pay pal 191 bank charges 457 database & website 6,971 board travel 3,584 meeting exp 8,377 meals & entertainment 124 insurance 2,990 total 26,744”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 39,125 39,125”

Form 990-ez, Part III

“The association shall strive to provide professional fellowship by dedicating its activities to furthering the highest degree of ethical service to the insuring public. The association will support the strictest adherence to the integrity of its members as professional insurance agents. We will promote professional conduct and protect the legislative interest of our members through awareness and understanding of the issues facing the independent contractor insurance agents.”

Form 990-ez, Part III, Line 28

“The naafa office provides encouragement to insurance agents as they transition from selling insurance exclusively for one company to selling insurance for many companies, or, as they transition from employment to retirement. Naafa maintains and continues to develop a library of information and documents designed to assist insurance agents with the challenges they face during these often difficult transition periods.”

Form 990-ez, Part III, Line 29

“Naafa provides a place of moral support and comradery for captive and independent insurance agents. Naafa provides a website with helpful information regarding the insurance industry, focusing on the interests of the captive and/or independent agent.”

Raw XML Appendix115 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0HARRIET STAHL
IRS990EZ/BooksInCareOfDetail/PhoneNum08887162232
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 578
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0PO BOX 578
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CIRCLE PINES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055014
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0166830
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0158441
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt062656
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8389
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt040223
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0166830
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0158441
IRS990EZ/GrossReceiptsAmt068291
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0835
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0127705
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0119316
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0127705
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0119316
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HARRIET STAHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BUDDY COX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RON ROGERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARK HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2ACTING SECRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherExpensesTotalAmt026744
IRS990EZ/OtherRevenueTotalAmt04800
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ASSOCIATION SHALL STRIVE TO PROVIDE PROFESSIONAL FELLOWSHIP BY DEDICATING ITS ACTIVITIES TO FURTHERING THE HIGHEST DEGREE OF ETHICAL SERVICE TO THE INSURING PUBLIC. THE ASSOCIATION WILL SUPPORT THE STRICTEST ADHERENCE TO THE INTEGRITY OF ITS MEMBERS AS PROFESSIONAL INSURANCE AGENTS. WE WILL PROMOTE PROFESSIONAL CONDUCT AND PROTECT THE LEGISLATIVE INTEREST OF OUR MEMBERS THROUGH AWARENESS AND UNDERSTANDING OF THE ISSUES FACING THE INDEPENDENT CONTRACTOR INSURANCE AGENTS.
IRS990EZ/PrintingPublicationsPostageAmt09713
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE NAAFA OFFICE PROVIDES ENCOURAGEMENT TO INSURANCE AGENTS AS THEY TRANSITION FROM SELLING INSURANCE EXCLUSIVELY FOR ONE COMPANY TO SELLING INSURANCE FOR MANY COMPANIES, OR, AS THEY TRANSITION FROM EMPLOYMENT TO RETIREMENT. NAAFA MAINTAINS AND CONTINUES TO DEVELOP A LIBRARY OF INFORMATION AND DOCUMENTS DESIGNED TO ASSIST INSURANCE AGENTS WITH THE CHALLENGES THEY FACE DURING THESE OFTEN DIFFICULT TRANSITION PERIODS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1NAAFA PROVIDES A PLACE OF MORAL SUPPORT AND COMRADERY FOR CAPTIVE AND INDEPENDENT INSURANCE AGENTS. NAAFA PROVIDES A WEBSITE WITH HELPFUL INFORMATION REGARDING THE INSURANCE INDUSTRY, FOCUSING ON THE INTERESTS OF THE CAPTIVE AND/OR INDEPENDENT AGENT.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt039125
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt039125
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt076680
IRS990EZ/TotalRevenueAmt068291
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NAAFA.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 4,800 TOTAL 4,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE SUPPLIES 2,599 PHONE 1,297 MISC 154 PAY PAL 191 BANK CHARGES 457 DATABASE & WEBSITE 6,971 BOARD TRAVEL 3,584 MEETING EXP 8,377 MEALS & ENTERTAINMENT 124 INSURANCE 2,990 TOTAL 26,744
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 39,125 39,125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION SHALL STRIVE TO PROVIDE PROFESSIONAL FELLOWSHIP BY DEDICATING ITS ACTIVITIES TO FURTHERING THE HIGHEST DEGREE OF ETHICAL SERVICE TO THE INSURING PUBLIC. THE ASSOCIATION WILL SUPPORT THE STRICTEST ADHERENCE TO THE INTEGRITY OF ITS MEMBERS AS PROFESSIONAL INSURANCE AGENTS. WE WILL PROMOTE PROFESSIONAL CONDUCT AND PROTECT THE LEGISLATIVE INTEREST OF OUR MEMBERS THROUGH AWARENESS AND UNDERSTANDING OF THE ISSUES FACING THE INDEPENDENT CONTRACTOR INSURANCE AGENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE NAAFA OFFICE PROVIDES ENCOURAGEMENT TO INSURANCE AGENTS AS THEY TRANSITION FROM SELLING INSURANCE EXCLUSIVELY FOR ONE COMPANY TO SELLING INSURANCE FOR MANY COMPANIES, OR, AS THEY TRANSITION FROM EMPLOYMENT TO RETIREMENT. NAAFA MAINTAINS AND CONTINUES TO DEVELOP A LIBRARY OF INFORMATION AND DOCUMENTS DESIGNED TO ASSIST INSURANCE AGENTS WITH THE CHALLENGES THEY FACE DURING THESE OFTEN DIFFICULT TRANSITION PERIODS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NAAFA PROVIDES A PLACE OF MORAL SUPPORT AND COMRADERY FOR CAPTIVE AND INDEPENDENT INSURANCE AGENTS. NAAFA PROVIDES A WEBSITE WITH HELPFUL INFORMATION REGARDING THE INSURANCE INDUSTRY, FOCUSING ON THE INTERESTS OF THE CAPTIVE AND/OR INDEPENDENT AGENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HARRIET STAHL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07637860700
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NAAFA INC
ReturnHeader/Filer/BusinessNameControlTxt0NAAF
ReturnHeader/Filer/EIN0411690649
ReturnHeader/Filer/PhoneNum08887162232
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 578
ReturnHeader/Filer/USAddress/CityNm0CIRCLE PINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055014
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204028013
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAGA KOMMER LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08338 HIGHWAY 65 NE SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRING LAKE PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055432
ReturnHeader/PreparerPersonGrp/PhoneNum07637804015
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL S WALLIN CPA
ReturnHeader/ReturnTs02023-11-10T16:36:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HARRIET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STAHL
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$158,441
Liabilities
$39,125
Net assets
$119,316
Revenue
$68,291
Expenses
$76,680
Net income
-$8,389
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.78$0.39$1.39$0.85$0.76$0.08
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.39$1.31$0.78$0.67$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.39$1.19$0.68$0.77$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.67$0.39$1.28$0.75$0.62$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.39$1.15$0.77$0.51$0.26
2020Summary only. Only limited summary data is available for this year.$1.28$0.39$0.73$0.65$0.09
2019Summary only. Only limited summary data is available for this year.$1.19$0.39$0.77$0.69$0.08
2018Summary only. Only limited summary data is available for this year.$1.11$0.39$0.81$0.78$0.03
2017Summary only. Only limited summary data is available for this year.$1.09$0.39$0.74$0.61$0.13
2016Summary only. Only limited summary data is available for this year.$0.96$0.39$0.65$0.59$0.06
2015Summary only. Only limited summary data is available for this year.$0.90$0.39$0.67$0.50$0.17
2014Summary only. Only limited summary data is available for this year.$0.73$0.39$0.61$0.58$0.03