Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
EIN 57-0474511 • 501(c)6 • Cedar Falls, IA
Profile
The association seeks to promote high standards of ethical practice in the best interest of insuring the public. The association educates, advocates and motivates to improve the professional skills of its members who provide insurance and other closely related financial products.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
70th percentile
Faster asset growth than 70% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
Assets
Up$154,269
Up $13,842 (+9.9%) from 2023
Liabilities
Up$57,529
Up $19,901 (+53%) from 2023
Net Assets
Down$96,740
Down $6,059 (-5.9%) from 2023
Revenue
Down$69,557
Down $10,018 (-13%) from 2023
Expenses
Down$75,692
Down $16,287 (-18%) from 2023
Net Income
Up-$6,135
Up $6,269 (+51%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The association seeks to promote high standards of ethical practice in the best interest of insuring the public. The association educates, advocates and motivates to improve the professional skills of its members who provide insurance and other closely related financial products.
| Description | Grants | Expenses |
|---|---|---|
| PROVIDING CONTINUING EDUCATION CONFERENCES, SEMINARS AND MEETINGS TO ASSIST MEMBERS IN KEEPING UP WITH THE INDUSTRY CHANGES AND INNOVATIONS AFFECTING THEIR ABILITY TO COMPLY WITH THE ASSOCIATION'S MISSION STATEMENT. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEVE LESLIE | Charter Bldr Tr | - | $0 | - | - |
| GREG AYERS | Director | - | $0 | - | - |
| STACIE WALLICE | Director | - | $0 | - | - |
| DOUG JOLLEY | Director | - | $0 | - | - |
| CASEY CHAMBERS | Past President | - | $0 | - | - |
| BRUCE POPE | President | - | $0 | - | - |
| TIM WILLIAMSON | President Elect | - | $0 | - | - |
| MICHAEL WARD | Sec/Treasurer | - | $0 | - | - |
| Line Item | Amount |
|---|---|
| Current Year Nondeductible Lobbying and Political Cost | $12,000 |
| Total Nondeductible Lobbying and Political Cost | $12,000 |
“Description: interest/div income. Amount: 5,667.”
“Description: meetings expense. Amount: 6,668. Description: advertising. Amount: 580. Description: travel. Amount: 4,206. Description: dues & subs. Amount: 500. Description: contributions expense. Amount: 6,214. Description: tech fees. Amount: 5. Description: cc fees. Amount: 68. Description: banking fees. Amount: 21. Description: investment fees. Amount: 100. Description: insurance. Amount: 1,183. Description: office expense. Amount: 780. Total to form 990-ez, line 16: 20,325.”
“Description: unrealized/realized gains. Amount: 76.”
“Description: accounts receivable. Beg. Of year amount: 732. End of year amount: 1,299. Description: accrued revenue. Beg. Of year amount: 7,659. End of year amount: 7,704. Description: prepaid expense. Beg. Of year amount: 2,000. End of year amount: 3,244.”
“Description: accounts payable and accrued expenses. Beg. Of year amount: 2,328. End of year amount: 2,475. Description: deferred revenue. Beg. Of year amount: 12,221. End of year amount: 33,604. Description: due to affiliate. Beg. Of year amount: 23,079. End of year amount: 21,450.”
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/BusinessName/BusinessNameLine1Txt | 0 | NAIFA MIDWEST OFFICE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8037645147 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 600 STATE STSTE A |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CEDAR FALLS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 50613 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 130036 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 142022 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -6135 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 54536 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 140427 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 154269 |
| IRS990EZ/GrossReceiptsAmt | 0 | 69557 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 5667 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 60423 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 102799 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 96740 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 102799 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 96740 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 2.00 |
| 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/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 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/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 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/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEVE LESLIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GREG AYERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | STACIE WALLICE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DOUG JOLLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CASEY CHAMBERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRUCE POPE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | TIM WILLIAMSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | MICHAEL WARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHARTER BLDR TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | PAST PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | PRESIDENT ELECT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | SEC/TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 10391 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 12247 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 76 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 20325 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ASSOCIATION SEEKS TO PROMOTE HIGH STANDARDS OF ETHICAL PRACTICE IN THE BEST INTEREST OF INSURING THE PUBLIC. THE ASSOCIATION EDUCATES, ADVOCATES AND MOTIVATES TO IMPROVE THE PROFESSIONAL SKILLS OF ITS MEMBERS WHO PROVIDE INSURANCE AND OTHER CLOSELY RELATED FINANCIAL PRODUCTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 831 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 3467 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDING CONTINUING EDUCATION CONFERENCES, SEMINARS AND MEETINGS TO ASSIST MEMBERS IN KEEPING UP WITH THE INDUSTRY CHANGES AND INNOVATIONS AFFECTING THEIR ABILITY TO COMPLY WITH THE ASSOCIATION'S MISSION STATEMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 1 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 37628 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 57529 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 75692 |
| IRS990EZ/TotalRevenueAmt | 0 | 69557 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | SC.NAIFA.ORG |
| IRS990ScheduleC/AggregateReportedDuesNtcAmt | 0 | 12544 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/DuesAssessmentsAmt | 0 | 60423 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt | 0 | 12000 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | 12000 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleC/TaxableAmt | 0 | -544 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST/DIV INCOME. AMOUNT: 5,667. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: MEETINGS EXPENSE. AMOUNT: 6,668. DESCRIPTION: ADVERTISING. AMOUNT: 580. DESCRIPTION: TRAVEL. AMOUNT: 4,206. DESCRIPTION: DUES & SUBS. AMOUNT: 500. DESCRIPTION: CONTRIBUTIONS EXPENSE. AMOUNT: 6,214. DESCRIPTION: TECH FEES. AMOUNT: 5. DESCRIPTION: CC FEES. AMOUNT: 68. DESCRIPTION: BANKING FEES. AMOUNT: 21. DESCRIPTION: INVESTMENT FEES. AMOUNT: 100. DESCRIPTION: INSURANCE. AMOUNT: 1,183. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 780. TOTAL TO FORM 990-EZ, LINE 16: 20,325. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: UNREALIZED/REALIZED GAINS. AMOUNT: 76. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 732. END OF YEAR AMOUNT: 1,299. DESCRIPTION: ACCRUED REVENUE. BEG. OF YEAR AMOUNT: 7,659. END OF YEAR AMOUNT: 7,704. DESCRIPTION: PREPAID EXPENSE. BEG. OF YEAR AMOUNT: 2,000. END OF YEAR AMOUNT: 3,244. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 2,328. END OF YEAR AMOUNT: 2,475. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 12,221. END OF YEAR AMOUNT: 33,604. DESCRIPTION: DUE TO AFFILIATE. BEG. OF YEAR AMOUNT: 23,079. END OF YEAR AMOUNT: 21,450. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | 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 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ABY HENNEBERRY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8037645147 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NAIFA - SOUTH CAROLINA |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NAIF |
| ReturnHeader/Filer/EIN | 0 | 570474511 |
| ReturnHeader/Filer/PhoneNum | 0 | 8037645147 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 600 STATE STREET STE A |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CEDAR FALLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 50613 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 421130301 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WELGAARD CPAS & ADVISORS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10550 NEW YORK AVE SUITE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | URBANDALE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 50322 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5152530099 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DARLENE M DANIELSON |
| ReturnHeader/ReturnTs | 0 | 2025-06-25T14:16:35-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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