Civic Intelligence

Florida Automobile Joint Underwriting Association

990 • Fiscal year 2013 • EIN 59-1514873

Oct 01, 2012 to Sep 30, 2013 • Filed on Apr 29, 2014

C/O Aipso 302 Central Avenue02919
Siviq Scores

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

Liabilities / Assets

100th percentile

2.29x

Higher debt load relative to assets than 100% of similar nonprofits.

2013 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

99th percentile

205%

Faster asset growth than 99% of similar nonprofits.

2013 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$4,942,982

Up $3,320,906 (+205%) from 2012

Net Assets

Up

-$6,391,046

Up $2,957,911 (+32%) from 2012

Liabilities

Up

$11,334,028

Up $362,995 (+3.3%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$17,022,372

Up $6,322,310 (+59%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2010: $2,921,962Liabilities 2010: $4,105,273Net Assets 2010: -$1,183,3112010Assets 2011: $3,796,409Liabilities 2011: $5,715,948Net Assets 2011: -$1,919,5392011Assets 2012: $1,622,076Liabilities 2012: $10,971,033Net Assets 2012: -$9,348,9572012Assets 2013: $4,942,982Liabilities 2013: $11,334,028Net Assets 2013: -$6,391,0462013Assets 2014: $5,540,714Liabilities 2014: $9,152,903Net Assets 2014: -$3,612,1892014Assets 2015: $2,136,633Liabilities 2015: $6,267,171Net Assets 2015: -$4,130,5382015Assets 2016: $3,424,857Liabilities 2016: $7,144,691Net Assets 2016: -$3,719,8342016Assets 2017: $7,287,058Liabilities 2017: $7,706,635Net Assets 2017: -$419,5772017Assets 2018: $8,496,856Liabilities 2018: $5,993,840Net Assets 2018: $2,503,0162018Assets 2019: $7,940,277Liabilities 2019: $7,736,181Net Assets 2019: $204,0962019Assets 2020: $6,271,339Liabilities 2020: $8,329,919Net Assets 2020: -$2,058,5802020Assets 2021: $4,634,653Liabilities 2021: $6,782,419Net Assets 2021: -$2,147,7662021Assets 2022: $5,020,655Liabilities 2022: $5,440,555Net Assets 2022: -$419,9002022Assets 2023: $5,058,884Liabilities 2023: $5,155,709Net Assets 2023: -$96,8252023Assets 2024: $6,223,644Liabilities 2024: $4,060,613Net Assets 2024: $2,163,0312024

Highlighted filing

2013

Assets$4,942,982
Liabilities$11,334,028
Net Assets-$6,391,046

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $1,150,2772010Expenses 2011: $3,207,2202011Expenses 2012: $10,700,0622012Expenses 2013: $17,022,3722013Revenue 2014: $6,251,334Expenses 2014: $11,740,201Net Income 2014: -$5,488,8672014Revenue 2015: $3,882,646Expenses 2015: $6,280,506Net Income 2015: -$2,397,8602015Revenue 2016: $3,041,859Expenses 2016: $5,588,174Net Income 2016: -$2,546,3152016Revenue 2017: $4,905,341Expenses 2017: $4,054,014Net Income 2017: $851,3272017Revenue 2018: $5,975,610Expenses 2018: $2,923,273Net Income 2018: $3,052,3372018Revenue 2019: $4,308,851Expenses 2019: $6,410,232Net Income 2019: -$2,101,3812019Revenue 2020: $3,504,419Expenses 2020: $5,859,649Net Income 2020: -$2,355,2302020Revenue 2021: $3,014,358Expenses 2021: $5,350,696Net Income 2021: -$2,336,3382021Revenue 2022: $3,010,052Expenses 2022: $3,015,442Net Income 2022: -$5,3902022Revenue 2023: $3,084,060Expenses 2023: $2,596,526Net Income 2023: $487,5342023Revenue 2024: $3,419,256Expenses 2024: $2,216,269Net Income 2024: $1,202,9872024

Highlighted filing

2013

Revenue-
Expenses$17,022,372
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Apr 29, 2014
Return Version
2012v2.0
Gross Receipts
$9,934,849
Mission and Program Overview

Mission

Placement of automobile insurance for those unable to obtain coverage in the voluntary market.

Filing and Contact Details

Filer

EIN
59-1514873
Raw XML AppendixShowing 400 of 414 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.

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IRS990/ActivityOrMissionDescription0Placement of automobile insurance for those unable to obtain coverage in the voluntary market.
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IRS990/Description0PLACEMENT OF AUTOMOBILE INSURANCE FOR THOSE UNABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET.
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IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector10X
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine10BRIAN FLEMINGFLEMING & HALL ADMIN LLC
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine11DAVID CASE THE HARTFORD
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine12ELI FEINBERG ELI FEINBERG & ASSOC
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine13KIM GRAYLANGSTON INS SERVICES
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine14DAVE SPECIALEALLSTATE INS
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine15JULIA MUSCOTTSTATE FARM
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine16JIM LIUFAUJIM LIUFAU INS AGENCY
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine17SCOTT JOHNSONJOHNSON STRATEGIES
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine18LARRY CHEESMANLIBERTY MUT
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine19DON MOSERWINDHAVEN INS CO
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine110LISA STOUTAMIRE
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine111MICHAEL NEIMANDUNITED AUTO INS CO
IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine112EUGENIA TYUS
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IRS990/Form990PartVIISectionA/Title9Gov Comm Member
IRS990/Form990PartVIISectionA/Title10General Manager
IRS990/Form990PartVIISectionA/Title11Gov Comm Member
IRS990/Form990PartVIISectionA/Title12GM - retired 5/31/14
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IRS990/ProgramServiceRevenue/Description0Premiums Earned
IRS990/ProgramServiceRevenue/Description1Membership Fees
IRS990/ProgramServiceRevenue/Description2Late Penalty Fees
IRS990/ProgramServiceRevenue/Description3Change in Premium deficiency reserve
IRS990/ProgramServiceRevenue/Description4Unallocated LAE
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IRS990ScheduleD/OtherLiabilities/Description3Unallocated LAE Reserves
IRS990ScheduleD/OtherLiabilities/Description4Allocated LAE Reserves
IRS990ScheduleD/OtherLiabilities/Description5Escheat Reserves
IRS990ScheduleD/OtherLiabilities/Description6Outstanding Drafts
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IRS990ScheduleO/GeneralExplanation/Explanation0Every insurer authorized to write automobile liability
IRS990ScheduleO/GeneralExplanation/Explanation1insurance or automobile physical damage insurance in
IRS990ScheduleO/GeneralExplanation/Explanation2the State of Florida shall be a member of the Association.
IRS990ScheduleO/GeneralExplanation/Explanation3The governing body is composed of 11 members. Six members
IRS990ScheduleO/GeneralExplanation/Explanation4shall be appointed by participating insurers, two of whom
IRS990ScheduleO/GeneralExplanation/Explanation5shall be from the insurance agents' associations. Five
IRS990ScheduleO/GeneralExplanation/Explanation6members shall be appointed by the Insurance Commissioner,
IRS990ScheduleO/GeneralExplanation/Explanation7two of whom shall be chosen from the insurance industry.
IRS990ScheduleO/GeneralExplanation/Explanation8The affirmative vote of a majority of the entire governing
IRS990ScheduleO/GeneralExplanation/Explanation9body shall be required to carry a proposition. Members
IRS990ScheduleO/GeneralExplanation/Explanation10present in person or by proxy, and representing 51% or more
IRS990ScheduleO/GeneralExplanation/Explanation11of the direct written premiums of all members, shall
IRS990ScheduleO/GeneralExplanation/Explanation12constitute a quorum at any meeting of the Association. When
IRS990ScheduleO/GeneralExplanation/Explanation13a quorum is present, a proposition shall be carried by a
IRS990ScheduleO/GeneralExplanation/Explanation14majority of the votes cast in person and by proxy.
IRS990ScheduleO/GeneralExplanation/Explanation15Form 990 is distributed annually to the Finance/Audit
IRS990ScheduleO/GeneralExplanation/Explanation16Committee for review and available to the Board of Governors
IRS990ScheduleO/GeneralExplanation/Explanation17upon request.
IRS990ScheduleO/GeneralExplanation/Explanation18The Board of Governors is required annually to sign a conflict
IRS990ScheduleO/GeneralExplanation/Explanation19of interest statement disclosing any conflicts.
IRS990ScheduleO/GeneralExplanation/Explanation20Compensation for General Manager is determined by
IRS990ScheduleO/GeneralExplanation/Explanation21recommendation from the Budget Committee with final approval
IRS990ScheduleO/GeneralExplanation/Explanation22by the Board of Governors. Line 15(b) does not apply
IRS990ScheduleO/GeneralExplanation/Explanation23because there are no other officers or key employees.
IRS990ScheduleO/GeneralExplanation/Explanation24Governing documents, conflict of interest policy and
IRS990ScheduleO/GeneralExplanation/Explanation25financial statements are available to the public upon request.
IRS990ScheduleO/GeneralExplanation/Explanation26MEMBERSHIP FEES BAD DEBT RECOVERY MISCELLANEOUS
IRS990ScheduleO/GeneralExplanation/Explanation27BANK CHARGES INSURANCE TAXES & LICENSE CENTRAL PROCESSOR ADVERTISING-FUNG SETTLEMENT CLAIMS HEAT EXPENSES PIP INTEREST & IME PAYMENTS ELECTRONIC BINDING MANAGEMENT FEES COLLECTION FEES MISCELLANEOUS COMMISSIONS CHARGED OFF PREMIUMS CHARGED OFF LOSSES INCURRED PREMIUM DEFICIENCY RESERVE S/C FEE CLAIMS LAE S/C FEE OPERATING COMMISSIONS WRITTEN WRITE-OFF
IRS990ScheduleO/GeneralExplanation/Explanation28ACCOUNTS RECEIVABLE - NET S/C - DEFERRED PREMIUM
IRS990ScheduleO/GeneralExplanation/Explanation29ACCOUNTS PAYABLE & ACCRUED EXPENSES UNEARNED PREMIUMS LOSS RESERVES OUTSTANDING DRAFTS CENTRAL BANK DISBURSEMENT OUTSTANDING CHECKS - S/CS ESCHEAT RESERVES COMMISSIONS PREMIUM DEFICIENCY RESERVE
IRS990ScheduleO/GeneralExplanation/Explanation30ALLOCATED LAE INCURRED 441124. BAD DEBT 28768. PAYROLL PROCESSING 4931. MISCELLANEOUS 3145. POST RETIREMENT -41360.
IRS990ScheduleO/GeneralExplanation/Explanation31Our Finance/Audit Committee is responsible for this process.
IRS990ScheduleO/GeneralExplanation/Explanation32Line 9; Other changes in net assets or fund balances includes
IRS990ScheduleO/GeneralExplanation/Explanation33net assessment ($10,045,434).
IRS990ScheduleO/GeneralExplanation/Identifier0Pt VI, Line 6
IRS990ScheduleO/GeneralExplanation/Identifier1Pt VI, Line 7a
IRS990ScheduleO/GeneralExplanation/Identifier2Pt VI, Line 7b
IRS990ScheduleO/GeneralExplanation/Identifier3Pt VI, Line 11b
IRS990ScheduleO/GeneralExplanation/Identifier4Pt VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier5Pt VI, Line 15a
IRS990ScheduleO/GeneralExplanation/Identifier6Pt VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990EZ, Part I, Line 8
IRS990ScheduleO/GeneralExplanation/Identifier8Form 990EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/Identifier9Form 990EZ, Part II, Line 24
IRS990ScheduleO/GeneralExplanation/Identifier10Form 990EZ, Part II, Line 26
IRS990ScheduleO/GeneralExplanation/Identifier11Form 990, Part IX, Line 24f
IRS990ScheduleO/GeneralExplanation/Identifier12Pt XII, Line 2c
IRS990ScheduleO/GeneralExplanation/Identifier13Pt XI
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IRS990/TheBooksAreInCareOf/AddressUS/State0RI
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IRS990/TheBooksAreInCareOf/TelephoneNumber04019462310
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IRS990/TotalExpensesCurrentYear017022372
IRS990/TotalExpensesPriorYear010700062
IRS990/TotalFunctionalExpenses/Total017022372
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY010971033
IRS990/TotalLiabilitiesBOY010971033
IRS990/TotalLiabilities/EOY011334028
IRS990/TotalLiabilitiesEOY011334028
IRS990/TotalLiabNetAssetsFundBalances/BOY01622076
IRS990/TotalLiabNetAssetsFundBalances/EOY04942982
IRS990/TotalNbrEmployees05
IRS990/TotalNbrVolunteers011
IRS990/TotalNetAssetsFundBalances/BOY0-9348957
IRS990/TotalNetAssetsFundBalances/EOY0-6391046
IRS990/TotalOtherCompensation016706
IRS990/TotalOthProgramServiceRevenue/TotalRevenueColumn01341
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceRevenue09904225
IRS990/TotalReportableCompFromOrg0151194
IRS990/TotalRevenueCurrentYear09934849
IRS990/TotalRevenuePriorYear05496076
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome09934849
IRS990/TotalRevenue/TotalRevenueColumn09934849
IRS990/TransactionRelatedEntity0false
IRS990/Travel/Total016090
IRS990/TypeOfOrganizationAssociation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UponRequest0X
IRS990/WebSite0www.aipso.com/fl
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01973
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/Filer/EIN0591514873
ReturnHeader/Filer/Name/BusinessNameLine10FLORIDA AUTOMOBILE JOINT UNDERWRITING ASSOCIATION
ReturnHeader/Filer/NameControl0FLOR
ReturnHeader/Filer/Phone04019462310
ReturnHeader/Filer/USAddress/AddressLine10C/O AIPSO 302 CENTRAL AVENUE
ReturnHeader/Filer/USAddress/City0JOHNSTON
ReturnHeader/Filer/USAddress/State0RI
ReturnHeader/Filer/USAddress/ZIPCode002919
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02014-04-29
ReturnHeader/Officer/Name0LISA STOUTAMIRE
ReturnHeader/Officer/Phone04019462310

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.22$4.06$2.16$3.42$2.22$1.20
2023Summary only. Only limited summary data is available for this year.$5.06$5.16$0.10$3.08$2.60$0.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.02$5.44$0.42$3.01$3.02$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.63$6.78$2.15$3.01$5.35$2.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.27$8.33$2.06$3.50$5.86$2.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.94$7.74$0.20$4.31$6.41$2.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.50$5.99$2.50$5.98$2.92$3.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$7.71$0.42$4.91$4.05$0.85
2016Detailed filing. Detailed filing data is available for this year.$3.42$7.14$3.72$3.04$5.59$2.55
2015Summary only. Only limited summary data is available for this year.$2.14$6.27$4.13$3.88$6.28$2.40
2014Detailed filing. Detailed filing data is available for this year.$5.54$9.15$3.61$6.25$11.7$5.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$11.3$6.39$17.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$11.0$9.35$10.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$5.72$1.92$3.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$4.11$1.18$1.15