Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.26x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Balance Sheet
Assets
Down$154,836
Down $24,048 (-13%) from 2021
Net Assets
$115,196
No earlier filing loaded for comparison.
Liabilities
Down$39,640
Down $4,482 (-10%) from 2021
Revenue And Expenses
Revenue
Up$81,066
Up $16,240 (+25%) from 2021
Expenses
Up$100,632
Up $31,931 (+46%) from 2021
Net Income
Down-$19,566
Down $15,691 (-405%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 4, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $81,066
Mission and Program Overview
Mission
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.
Program Services
| 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. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOHNNY CRAVEN | President | - | $0 | - | - |
| CASEY CHAMBERS | President Elect | - | $0 | - | - |
| DAVID LLOYD | Past President | - | $0 | - | - |
| TERESA SAULS | Sec/Treasurer | - | $0 | - | - |
| BRAD TAPSCOTT | Natl Committee | - | $0 | - | - |
| HENRY STEPHEN LESLIE | CBT President | - | $0 | - | - |
| ZACHARY COGGINS | Yat | - | $0 | - | - |
| BRUCE POPE | Grassroots | - | $0 | - | - |
| TIM WILLIAMSON | Membership | - | $0 | - | - |
Political and Lobbying Activity
- In-house lobbying only
- No
Reported Spending and Taxes
| Line Item | Amount |
|---|---|
| Current Year Nondeductible Lobbying and Political Cost | $12,000 |
| Total Nondeductible Lobbying and Political Cost | $12,000 |
Filing and Contact Details
Filer
- Filer Name
- Naifa - South Carolina
- EIN
- 57-0474511
- Phone
- 8037645147
- Address
- 600 STATE STREET STE A, CEDAR FALLS, IA 50613
Signing Officer
- Name
- Corey Mathews
- Title
- Executive Director
- Signed
- 2023-05-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Timmins Jacobsen & Strawhacker LLP
- Address
- 10550 New York Ave Suite 200, Des Moines, IA 50322
- Preparer
- Jeffrey F Strawhacker CPA
- Phone
- 5152708080
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $1735”
Other Expenses.1005
“Travel $11261”
Other Expenses.1012
“Insurance $1267”
Other Expenses.1
“MEETINGS EXPENSE $27175”
Other Expenses.2
“Grants/scholarships/donations $3904”
Other Expenses.3
“Website platform fee $500”
Other Expenses.4
“CREDIT CARD FEES $240”
Other Assets.1005
“Accounts Receivable - Beginning $8128 Accounts Receivable - Ending $7937”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $2916 Prepaid Expenses and Deferred Charges - Ending $2854”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $4304 Accounts Payable and Accrued Expenses - Ending $2994”
Total Liabilities.1003
“Deferred Revenue - Beginning $13217 Deferred Revenue - Ending $12167”
Total Liabilities.1
“CUSTODIAL FUNDS - Beginning $26601 CUSTODIAL FUNDS - Ending $24479”
Raw XML Appendix166 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | NAIFA MIDWEST OFFICE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8037645147 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 600 STATE STREET SUITE A |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CEDAR FALLS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 50613 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 167840 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 144045 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 642 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -19566 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 54550 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 178884 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 154836 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 81066 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 153 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 61296 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 134762 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 115196 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 134762 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 115196 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| 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/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JOHNNY CRAVEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CASEY CHAMBERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID LLOYD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TERESA SAULS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | BRAD TAPSCOTT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | HENRY STEPHEN LESLIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ZACHARY COGGINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | BRUCE POPE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | TIM WILLIAMSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT ELECT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PAST PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SEC/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | NATL COMMITTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | CBT PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | YAT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | GRASSROOTS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | MEMBERSHIP |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 11044 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 10791 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 46082 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1468 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| 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/ProgramServiceRevenueAmt | 0 | 17507 |
| 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/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | true |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 44122 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 39640 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 100632 |
| IRS990EZ/TotalRevenueAmt | 0 | 81066 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | SC.NAIFA.ORG |
| IRS990ScheduleC/AggregateReportedDuesNtcAmt | 0 | 13255 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/DuesAssessmentsAmt | 0 | 61296 |
| IRS990ScheduleC/Form1120POLFiledInd | 0 | false |
| IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt | 0 | 12000 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | 12000 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | false |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $1735 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Travel $11261 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $1267 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MEETINGS EXPENSE $27175 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | GRANTS/SCHOLARSHIPS/DONATIONS $3904 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | WEBSITE PLATFORM FEE $500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CREDIT CARD FEES $240 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Accounts Receivable - Beginning $8128 Accounts Receivable - Ending $7937 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Prepaid Expenses and Deferred Charges - Beginning $2916 Prepaid Expenses and Deferred Charges - Ending $2854 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Accounts Payable and Accrued Expenses - Beginning $4304 Accounts Payable and Accrued Expenses - Ending $2994 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Deferred Revenue - Beginning $13217 Deferred Revenue - Ending $12167 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | CUSTODIAL FUNDS - Beginning $26601 CUSTODIAL FUNDS - Ending $24479 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | COREY MATHEWS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-04 |
| 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 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 420721983 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Timmins Jacobsen & Strawhacker LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10550 New York Ave Suite 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Des Moines |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 50322 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5152708080 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFFREY F STRAWHACKER CPA |
| ReturnHeader/ReturnTs | 0 | 2023-05-12T07:28:31-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | COREY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MATHEWS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $154,836
- Liabilities
- $39,640
- Net assets
- $115,196
- Revenue
- $81,066
- Expenses
- $100,632
- Net income
- -$19,566