Civic Intelligence

Iianc Education Foundation Inc.

990 • Fiscal year 2018 • EIN 58-1311077

Sep 01, 2017 to Aug 31, 2018 • Filed on Mar 15, 2019

Organization ProfileN/A
PO Box 1165Cary, NC 27512-1165

(919) 828-4371

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.00x

Higher debt load relative to assets than 42% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Source year 2018

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2018 filings • NTEE B • $500k-$1M nonprofits • Source year 2018

Asset Growth

88th percentile

59%

Faster asset growth than 88% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

86th percentile

56%

Faster revenue growth than 86% of similar nonprofits.

2018 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Up

$958,389

Up $355,966 (+59%) from 2017

Net Assets

Up

$955,295

Up $352,872 (+59%) from 2017

Liabilities

Up

$3,094

Up $3,094 from 2017

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin93rd percentile

Revenue

Up

$610,000

Up $219,920 (+56%) from 2017

Expenses

Up

$257,128

Up $30,991 (+14%) from 2017

Net Income

Up

$352,872

Up $188,929 (+115%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $172,427Liabilities 2011: $12,7302011Assets 2012: $143,898Liabilities 2012: $1,2672012Assets 2013: $149,361Liabilities 2013: $3,4952013Assets 2014: $171,746Liabilities 2014: $9,8112014Assets 2015: $343,378Liabilities 2015: $15,550Net Assets 2015: $327,8282015Assets 2016: $438,640Liabilities 2016: $160Net Assets 2016: $438,4802016Assets 2017: $602,423Liabilities 2017: $0Net Assets 2017: $602,4232017Assets 2018: $958,389Liabilities 2018: $3,094Net Assets 2018: $955,2952018Assets 2019: $744,060Liabilities 2019: $4,105Net Assets 2019: $739,9552019Assets 2020: $1,050,811Liabilities 2020: $11,121Net Assets 2020: $1,039,6902020Assets 2021: $1,661,500Liabilities 2021: $36,490Net Assets 2021: $1,625,0102021Assets 2022: $1,823,890Liabilities 2022: $9,887Net Assets 2022: $1,814,0032022Assets 2023: $2,600,679Liabilities 2023: $24,660Net Assets 2023: $2,576,0192023Assets 2024: $3,030,460Liabilities 2024: $130,200Net Assets 2024: $2,900,2602024Assets 2025: $1,850,325Liabilities 2025: $105,744Net Assets 2025: $1,744,5812025

Highlighted filing

2018

Assets$958,389
Liabilities$3,094
Net Assets$955,295
Open 2018 Filing

Operations Trend

Revenue Growth86th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $109,422Expenses 2011: $27,024Net Income 2011: $82,3982011Revenue 2012: $51,531Expenses 2012: $68,597Net Income 2012: -$17,0662012Revenue 2013: $70,040Expenses 2013: $66,805Net Income 2013: $3,2352013Revenue 2014: $61,126Expenses 2014: $45,057Net Income 2014: $16,0692014Revenue 2015: $208,748Expenses 2015: $42,856Net Income 2015: $165,8922015Revenue 2016: $220,079Expenses 2016: $109,427Net Income 2016: $110,6522016Revenue 2017: $390,080Expenses 2017: $226,137Net Income 2017: $163,9432017Revenue 2018: $610,000Expenses 2018: $257,128Net Income 2018: $352,8722018Revenue 2019: $102,135Expenses 2019: $317,475Net Income 2019: -$215,3402019Revenue 2020: $600,000Expenses 2020: $300,265Net Income 2020: $299,7352020Revenue 2021: $800,000Expenses 2021: $214,680Net Income 2021: $585,3202021Revenue 2022: $750,000Expenses 2022: $561,007Net Income 2022: $188,9932022Revenue 2023: $1,400,000Expenses 2023: $637,984Net Income 2023: $762,0162023Revenue 2024: $1,251,712Expenses 2024: $942,906Net Income 2024: $308,8062024Revenue 2025: $178,550Expenses 2025: $1,339,304Net Income 2025: -$1,160,7542025

Highlighted filing

2018

Revenue$610,000
Expenses$257,128
Net Income$352,872
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Mar 15, 2019
Return Version
2017v2.3
Gross Receipts
$610,000
Mission and Program Overview

Mission

To promote and develop education in the insurance industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$512,423$798,389▲ $285,966
Pledges and Grants Receivable$90,000$160,000▲ $70,000
Total Assets$602,423$958,389▲ $355,966
Liabilities
Accounts Payable and Accrued Expenses-$3,094-
Total Liabilities$0$3,094▲ $3,094
Net Assets / Fund Balance
Temporarily Rstr Net Assets$600,550$602,423▲ $1,873
Unrestricted Net Assets$1,873$352,872▲ $350,999
Total Net Assets Fund Balance$602,423$955,295▲ $352,872
Total Liabilities and Net Assets / Fund Balance$602,423$958,389▲ $355,966
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Thomas S MarshallChairman
Lorianne W MorrisVice Chairman
Aubie W Knight JrChief Executive Officer
J Monty Ross JrMember
James R MozingoMember
Laura M FalangaMember
Neil T AnnasMember
Ray Tedder JrMember
Robert S MciverSecretary/treasurer
Royce HendersonVP Finance & Operations
Revenue and Support

Revenue Composition

Contributions and Grants
$610,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$610,000
Change in Net Assets
$352,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$257,110
Other Expenses$18
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$257,110--$257,110
Other Expenses-$18-$18
Total Functional Expenses$257,110$18$0$257,128
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Independent Insurance Agents of NcCary, NC-Scholarships and Insurance Education Events.$204,150
Appalachian State University Foundation IncBoone, NC-Travel Expense Reimbursement and Student Professional Development.$19,799
East Carolina University Rmi ProgramGreenville, NC-Reimbursement for Travel Expenses to Insurance Conferences.$8,500
Foundation of the University of North Carolina at CharlotteCharlotte, NC-Reimbursement for Travel Expenses to Insurance Conferences.$8,080
Meredith CollegeRaleigh, NC-Research Funding.$7,500
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The iianc education foundation, inc's board of directors reviews and approves the form 990 prior to filing.”

Form 990, Part VI, Section C, Line 19

“The governing documents and finacial statements are made available upon request & on the iianc.com website.”

Filing and Contact Details

Filer

Filer Name
Iianc Education Foundation Inc
EIN
58-1311077
Phone
9198284371
Address
PO BOX 1165, CARY, NC 27512-1165

Signing Officer

Name
Thomas S Marshall
Title
Chairman
Phone
7045341558
Signed
2019-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas S Marshall
Formed
1977
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Koonce Wooten & Haywood Llp
Address
P O BOX 17806, RALEIGH, NC 27619-7806
Preparer
David Boyce
Phone
9197829265
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“It is the foundation's policy to evaluate all tax positions to identify those that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likley-than-not" threshold to determine if the benefit of any uncertain tax position should be recognized in the financial statements. Any changes in the amount of a tax position are recognized in the period the change occurs.”

Raw XML AppendixShowing 400 of 425 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03094
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE AND DEVELOP EDUCATION IN THE INSURANCE INDUSTRY.
IRS990/AllOtherContributionsAmt0610000
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROYCE HENDERSON
IRS990/BooksInCareOfDetail/PhoneNum09198284371
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 WESTON OAKS COURT
IRS990/BooksInCareOfDetail/USAddress/CityNm0CARY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027513
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0512423
IRS990/CashNonInterestBearingGrp/EOYAmt0798389
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0610000
IRS990/CYGrantsAndSimilarPaidAmt0257110
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt018
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0352872
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0257128
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0610000
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROVIDE INSURANCE INDUSTRY RELATED GRANTS AND SCHOLARSHIPS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0257110
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS S MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm1NEIL T ANNAS
IRS990/Form990PartVIISectionAGrp/PersonNm2LAURA M FALANGA
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES R MOZINGO
IRS990/Form990PartVIISectionAGrp/PersonNm4RAY TEDDER JR
IRS990/Form990PartVIISectionAGrp/PersonNm5LORIANNE W MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm6J MONTY ROSS JR
IRS990/Form990PartVIISectionAGrp/PersonNm7ROBERT S MCIVER
IRS990/Form990PartVIISectionAGrp/PersonNm8AUBIE W KNIGHT JR
IRS990/Form990PartVIISectionAGrp/PersonNm9ROYCE HENDERSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP FINANCE & OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0257110
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0257110
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0257110
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0610000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AND DEVELOP EDUCATION IN THE INSURANCE INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0602423
IRS990/NetAssetsOrFundBalancesEOYAmt0955295
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018
IRS990/OtherExpensesGrp/TotalAmt018
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt090000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0160000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THOMAS S MARSHALL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0390080
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0225682
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0455
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0163943
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0226137
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0390080
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0352872
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0610000
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MANAGEMENT REVIEWS THE SUPPORTING ORGANIZATION'S FORM 990.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE BOARD OF DIRECTORS APPROVES ALL DISBURSEMENTS TO THE SUPPORTING ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0560340370
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0204150
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INDEPENDENT INSURANCE AGENTS OF NORTH CAROLINA INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0204150
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE FOUNDATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY THOSE THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKLEY-THAN-NOT" THRESHOLD TO DETERMINE IF THE BENEFIT OF ANY UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION ARE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt019799
IRS990ScheduleI/RecipientTable/CashGrantAmt1204150
IRS990ScheduleI/RecipientTable/CashGrantAmt28080
IRS990ScheduleI/RecipientTable/CashGrantAmt38500
IRS990ScheduleI/RecipientTable/CashGrantAmt47500
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TRAVEL EXPENSE REIMBURSEMENT AND STUDENT PROFESSIONAL DEVELOPMENT.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIPS AND INSURANCE EDUCATION EVENTS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2REIMBURSEMENT FOR TRAVEL EXPENSES TO INSURANCE CONFERENCES.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3REIMBURSEMENT FOR TRAVEL EXPENSES TO INSURANCE CONFERENCES.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4RESEARCH FUNDING.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0APPALACHIAN STATE UNIVERSITY FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1INDEPENDENT INSURANCE AGENTS OF NC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3EAST CAROLINA UNIVERSITY RMI PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MEREDITH COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0237099379
IRS990ScheduleI/RecipientTable/RecipientEIN1560340370
IRS990ScheduleI/RecipientTable/RecipientEIN2566059417
IRS990ScheduleI/RecipientTable/RecipientEIN3566093187
IRS990ScheduleI/RecipientTable/RecipientEIN4560530242
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0ASU BOX 32058
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1101 WESTON OAKS COURT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt29201 UNIVERSITY CITY BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt33421 BATE BUILDING
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt43800 HILLSBOROUGH STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOONE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CARY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2CHARLOTTE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3GREENVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4RALEIGH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0286082058
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd127513
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd228223
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd327858
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd427607
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE IIANC EDUCATION FOUNDATION, INC'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS AND FINACIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST & ON THE IIANC.COM WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INDEPENDENT INSURANCE AGENTS OF NORTH CAROLINA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0560340370
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO BE AN ADVOCATE FOR INDEPENDENT INSURANCE AGENTS IN NORTH CAROLINA.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0101 WESTON OAKS COURT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027513
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0204150
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INDEPENDENT INSURANCE AGENTS OF NORTH CAROLINA INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0600550
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0602423
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0602423
IRS990/TotalAssetsEOYAmt0958389
IRS990/TotalAssetsGrp/BOYAmt0602423
IRS990/TotalAssetsGrp/EOYAmt0958389
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0610000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0257110
IRS990/TotalFunctionalExpensesGrp/TotalAmt0257128
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt03094
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt03094
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0602423
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0955295
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0257110
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0610000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0602423
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0958389
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01873
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0352872
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03800 SEDGEWOOD CIRCLE
IRS990/USAddress/CityNm0CHARLOTTE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028211
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS S MARSHALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07045341558
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IIANC EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0IIAN
ReturnHeader/Filer/EIN0581311077

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$958,389
Liabilities
$3,094
Net assets
$955,295
Revenue
$610,000
Expenses
$257,128
Net income
$352,872
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.85$0.11$1.74$0.18$1.34$1.16
2024Detailed filing. Detailed filing data is available for this year.$3.03$0.13$2.90$1.25$0.94$0.31
2023Detailed filing. Detailed filing data is available for this year.$2.60$0.02$2.58$1.40$0.64$0.76
2022Detailed filing. Detailed filing data is available for this year.$1.82$0.01$1.81$0.75$0.56$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.04$1.63$0.80$0.21$0.59
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.04$0.60$0.30$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.10$0.32$0.22
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.61$0.26$0.35
2017Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.39$0.23$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.22$0.11$0.11
2015Summary only. Only limited summary data is available for this year.$0.34$0.02$0.33$0.21$0.04$0.17
2014Summary only. Only limited summary data is available for this year.$0.17$0.01$0.06$0.05$0.02
2013Summary only. Only limited summary data is available for this year.$0.15$0.00$0.07$0.07$0.00
2012Summary only. Only limited summary data is available for this year.$0.14$0.00$0.05$0.07$0.02
2011Summary only. Only limited summary data is available for this year.$0.17$0.01$0.11$0.03$0.08