Civic Intelligence

Naifa - Greater Washington DC

EIN 53-0246898 • 501(c)6 • Cedar Falls, IA

Profile

The mission of the greater washington association of insurance and financial advisors is to protect and enhance the livelihood of financial professionals and consumers through advocacy and education of industry matters, while promoting the highest standards of ethical behavior.

600 State Street ACedar Falls, IA 50613

gwdc.naifa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.31x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

1.48x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-15%

Higher net margin than 26% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

45%

Faster asset growth than 91% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$196,747

Up $61,407 (+45%) from 2023

Liabilities

Up

$60,405

Up $52,362 (+651%) from 2023

Net Assets

Up

$136,342

Up $9,045 (+7.1%) from 2023

Revenue

Down

$40,795

Down $6,440 (-14%) from 2023

Expenses

Up

$46,992

Up $3,808 (+8.8%) from 2023

Net Income

Down

-$6,197

Down $10,248 (-253%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2011: $61,718Liabilities 2011: $02011Assets 2012: $64,722Net Assets 2012: $64,7222012Assets 2013: $84,562Liabilities 2013: $02013Assets 2014: $83,427Net Assets 2014: $83,4272014Assets 2015: $81,078Net Assets 2015: $81,0782015Assets 2016: $78,876Liabilities 2016: $13,044Net Assets 2016: $65,8322016Assets 2017: $83,937Liabilities 2017: $13,790Net Assets 2017: $70,1472017Assets 2018: $111,037Liabilities 2018: $29,623Net Assets 2018: $81,4142018Assets 2019: $122,970Liabilities 2019: $31,444Net Assets 2019: $91,5262019Assets 2020: $135,251Liabilities 2020: $10,977Net Assets 2020: $124,2742020Assets 2021: $140,449Liabilities 2021: $4,968Net Assets 2021: $135,4812021Assets 2022: $118,665Liabilities 2022: $10,133Net Assets 2022: $108,5322022Assets 2023: $135,340Liabilities 2023: $8,043Net Assets 2023: $127,2972023Assets 2024: $196,747Liabilities 2024: $60,405Net Assets 2024: $136,3422024

Highlighted filing

2024

Assets$196,747
Liabilities$60,405
Net Assets$136,342

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $152,075Expenses 2011: $150,585Net Income 2011: $1,4902011Revenue 2012: $91,538Expenses 2012: $86,611Net Income 2012: $4,9272012Revenue 2013: $171,336Expenses 2013: $154,938Net Income 2013: $16,3982013Revenue 2014: $101,065Expenses 2014: $109,089Net Income 2014: -$8,0242014Revenue 2015: $109,078Expenses 2015: $111,873Net Income 2015: -$2,7952015Revenue 2016: $85,903Expenses 2016: $100,784Net Income 2016: -$14,8812016Revenue 2017: $92,944Expenses 2017: $94,962Net Income 2017: -$2,0182017Revenue 2018: $114,720Expenses 2018: $108,753Net Income 2018: $5,9672018Revenue 2019: $104,712Expenses 2019: $104,560Net Income 2019: $1522019Revenue 2020: $104,639Expenses 2020: $90,090Net Income 2020: $14,5492020Revenue 2021: $62,670Expenses 2021: $60,710Net Income 2021: $1,9602021Revenue 2022: $80,932Expenses 2022: $84,405Net Income 2022: -$3,4732022Revenue 2023: $47,235Expenses 2023: $43,184Net Income 2023: $4,0512023Revenue 2024: $40,795Expenses 2024: $46,992Net Income 2024: -$6,1972024

Highlighted filing

2024

Revenue$40,795
Expenses$46,992
Net Income-$6,197

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.97$0.60$1.36$0.41$0.47$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.08$1.27$0.47$0.43$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.19$0.10$1.09$0.81$0.84$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.40$0.05$1.35$0.63$0.61$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.11$1.24$1.05$0.90$0.15
2019Detailed filing. Detailed filing data is available for this year.$1.23$0.31$0.92$1.05$1.05$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.30$0.81$1.15$1.09$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.84$0.14$0.70$0.93$0.95$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.13$0.66$0.86$1.01$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.81$0.81$1.09$1.12$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.83$1.01$1.09$0.08
2013Summary only. Only limited summary data is available for this year.$0.85$0.00$1.71$1.55$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.65$0.92$0.87$0.05
2011Summary only. Only limited summary data is available for this year.$0.62$0.00$1.52$1.51$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 2, 2025
Return Version
2024v5.1
Gross Receipts
$40,795
Mission and Program Overview

Mission

The mission of the greater washington association of insurance and financial advisors is to protect and enhance the livelihood of financial professionals and consumers through advocacy and education of industry matters, while promoting the highest standards of ethical behavior.

Empowering financial professionals and consumers through world-class advocacy and education.

Program Services

DescriptionGrantsExpenses
NAIFA- GREATER WASHINGTON DC IS A PROFESSIONAL ORGANIZATION REPRESENTING INSURANCE AND FINANCIAL ADVISORS THROUGHOUT THE WASHINGTON DC AREA. IT IS A CHAPTER OF THE NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS. NAIFA-GWDC PROVIDES MEMBERS WITH EDUCATIONAL PROGRAMMING, NETWORKING OPPORTUNITIES, A NEWSLETTER, AND KEEPS THE MEMBERSHIP INFORMED ON ISSUES OF INTEREST TO INDUSTRY PROFESSIONALS. DURING THE YEAR, THE ORGANIZATION PROVIDED IN-HOUSE CONTINUING EDUCATION PROGRAMS, UPDATED NEWSLETTER PUBLISHED SIX TIMES DURING THE YEAR, AND PROVIDED PROFESSIONAL LEADERSHIP SPEAKERS TO THE GENERAL MEMBERSHIP AT THE ANNUAL MEETING.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW GRACEDirector-$0--
BRIAN HANEYDirector-$0--
BRIAN MONEYDirector-$0--
RYAN BUCKPast President-$0--
GAFFAR CHOWDHURYPresident-$0--
NATHAN MOOREPresident Elect-$0--
NORMAN SCHERERSec/Treasurer-$0--
Political and Lobbying Activity
In-house lobbying only
No

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$700
Total Nondeductible Lobbying and Political Cost$700
Filing and Contact Details

Filer

Filer Name
Naifa - Greater Washington Dc
EIN
53-0246898
Phone
8447172858
Address
600 STATE STREET A, CEDAR FALLS, IA 50613

Signing Officer

Name
Jennifer Mauer
Title
Executive Director
Phone
8447172858
Signed
2025-06-02
Discuss with paid preparer
Yes

Preparer

Firm
Welgaard Cpas & Advisors
Address
10550 NEW YORK AVE SUITE 100, URBANDALE, IA 50322
Preparer
Darlene M Danielson
Phone
5152530099
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest/dividend income. Amount: 2,034.

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

Description: meetings expense. Amount: 6,206. Description: advertising and promotion expense. Amount: 727. Description: travel. Amount: 3,432. Description: dues & subscriptions. Amount: 54. Description: contribution expense. Amount: 1,134. Description: fees - cc. Amount: 19. Description: insurance and taxes. Amount: 1,608. Description: supplies, printing & postage. Amount: 1,234. Description: office expense. Amount: 613. Total to form 990-ez, line 16: 15,027.

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

Description: net unrealized/ realized gains. Amount: 15,242.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accrued revenue. Beg. Of year amount: 4,959. End of year amount: 6,486. Description: prepaid expenses. Beg. Of year amount: 62. End of year amount: 3,796. Description: intercompany receivables. Beg. Of year amount: 0. End of year amount: 11,125. Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 4,140.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 1,734. End of year amount: 1,135. Description: accrued liabilities. Beg. Of year amount: 716. End of year amount: 794. Description: deferred revenue. Beg. Of year amount: 5,401. End of year amount: 34,331. Description: due to affiliate. Beg. Of year amount: 0. End of year amount: 24,145. Description: intercompany payable. Beg. Of year amount: 192. End of year amount: 0.

Form 990-ez, Part V, Line 34

Re-worded the mission statement and revised the definition of a member.

Raw XML Appendix148 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/PhoneNum08447172858
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0600 STATE STSTE A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CEDAR FALLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050613
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt0127297
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0136342
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0136342
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATTHEW GRACE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIAN HANEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRIAN MONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RYAN BUCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GAFFAR CHOWDHURY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NATHAN MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6NORMAN SCHERER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PRESIDENT ELECT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SEC/TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherExpensesTotalAmt015027
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EMPOWERING FINANCIAL PROFESSIONALS AND CONSUMERS THROUGH WORLD-CLASS ADVOCACY AND EDUCATION.
IRS990EZ/ProgramServiceRevenueAmt08095
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NAIFA- GREATER WASHINGTON DC IS A PROFESSIONAL ORGANIZATION REPRESENTING INSURANCE AND FINANCIAL ADVISORS THROUGHOUT THE WASHINGTON DC AREA. IT IS A CHAPTER OF THE NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS. NAIFA-GWDC PROVIDES MEMBERS WITH EDUCATIONAL PROGRAMMING, NETWORKING OPPORTUNITIES, A NEWSLETTER, AND KEEPS THE MEMBERSHIP INFORMED ON ISSUES OF INTEREST TO INDUSTRY PROFESSIONALS. DURING THE YEAR, THE ORGANIZATION PROVIDED IN-HOUSE CONTINUING EDUCATION PROGRAMS, UPDATED NEWSLETTER PUBLISHED SIX TIMES DURING THE YEAR, AND PROVIDED PROFESSIONAL LEADERSHIP SPEAKERS TO THE GENERAL MEMBERSHIP AT THE ANNUAL MEETING.
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt046992
IRS990EZ/TotalRevenueAmt040795
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0GWDC.NAIFA.ORG
IRS990ScheduleC/AggregateReportedDuesNtcAmt01445
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt030666
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0700
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0700
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-745
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST/DIVIDEND INCOME. AMOUNT: 2,034.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MEETINGS EXPENSE. AMOUNT: 6,206. DESCRIPTION: ADVERTISING AND PROMOTION EXPENSE. AMOUNT: 727. DESCRIPTION: TRAVEL. AMOUNT: 3,432. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 54. DESCRIPTION: CONTRIBUTION EXPENSE. AMOUNT: 1,134. DESCRIPTION: FEES - CC. AMOUNT: 19. DESCRIPTION: INSURANCE AND TAXES. AMOUNT: 1,608. DESCRIPTION: SUPPLIES, PRINTING & POSTAGE. AMOUNT: 1,234. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 613. TOTAL TO FORM 990-EZ, LINE 16: 15,027.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: NET UNREALIZED/ REALIZED GAINS. AMOUNT: 15,242.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCRUED REVENUE. BEG. OF YEAR AMOUNT: 4,959. END OF YEAR AMOUNT: 6,486. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 62. END OF YEAR AMOUNT: 3,796. DESCRIPTION: INTERCOMPANY RECEIVABLES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 11,125. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,140.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,734. END OF YEAR AMOUNT: 1,135. DESCRIPTION: ACCRUED LIABILITIES. BEG. OF YEAR AMOUNT: 716. END OF YEAR AMOUNT: 794. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 5,401. END OF YEAR AMOUNT: 34,331. DESCRIPTION: DUE TO AFFILIATE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 24,145. DESCRIPTION: INTERCOMPANY PAYABLE. BEG. OF YEAR AMOUNT: 192. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RE-WORDED THE MISSION STATEMENT AND REVISED THE DEFINITION OF A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART V, LINE 34
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER MAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08447172858
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NAIFA - GREATER WASHINGTON DC
ReturnHeader/Filer/BusinessNameControlTxt0NAIF
ReturnHeader/Filer/EIN0530246898
ReturnHeader/Filer/PhoneNum08447172858
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 STATE STREET A
ReturnHeader/Filer/USAddress/CityNm0CEDAR FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050613
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421130301
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WELGAARD CPAS & ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010550 NEW YORK AVE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0URBANDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050322
ReturnHeader/PreparerPersonGrp/PhoneNum05152530099
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DARLENE M DANIELSON
ReturnHeader/ReturnTs02025-06-02T13:16:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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