Civic Intelligence

Independent Insurance Agents of Central Florida Inc

990EZ • Fiscal year 2016 • EIN 59-6153230

Sep 01, 2015 to Aug 31, 2016 • Filed on Jan 18, 2017

845 N Ferncreek AvenueOrlando, FL 32803

(407) 898-0461

Siviq Scores

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

Liabilities / Assets

76th percentile

0.13x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

0.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

32nd percentile

-3.9%

Higher net margin than 32% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-23%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$196,443

Up $21,771 (+12%) from 2015

Net Assets

Down

$170,603

Down $3,096 (-1.8%) from 2015

Liabilities

Up

$25,840

Up $24,867 (+2556%) from 2015

Revenue

Down

$79,663

Down $23,950 (-23%) from 2015

Expenses

Down

$82,759

Down $15,233 (-16%) from 2015

Net Income

Down

-$3,096

Down $8,717 (-155%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $164,840Liabilities 2011: $602Net Assets 2011: $164,2382011Assets 2012: $174,652Liabilities 2012: $972Net Assets 2012: $173,6802012Assets 2013: $174,144Liabilities 2013: $977Net Assets 2013: $173,1672013Assets 2014: $169,053Liabilities 2014: $975Net Assets 2014: $168,0782014Assets 2015: $174,672Liabilities 2015: $973Net Assets 2015: $173,6992015Assets 2016: $196,443Liabilities 2016: $25,840Net Assets 2016: $170,6032016Assets 2017: $191,367Liabilities 2017: $15,642Net Assets 2017: $175,7252017Assets 2018: $157,978Liabilities 2018: $1,157Net Assets 2018: $156,8212018Assets 2019: $140,553Liabilities 2019: $1,234Net Assets 2019: $139,3192019Assets 2020: $375,620Liabilities 2020: $19,886Net Assets 2020: $355,7342020Assets 2021: $352,909Liabilities 2021: $0Net Assets 2021: $352,9092021Assets 2022: $321,068Liabilities 2022: $0Net Assets 2022: $321,0682022Assets 2023: $294,657Liabilities 2023: $0Net Assets 2023: $294,6572023Assets 2024: $292,795Net Assets 2024: $292,7952024Assets 2025: $269,220Liabilities 2025: $2,500Net Assets 2025: $266,7202025

Highlighted filing

2016

Assets$196,443
Liabilities$25,840
Net Assets$170,603

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $87,466Expenses 2011: $81,462Net Income 2011: $6,0042011Revenue 2012: $90,011Expenses 2012: $80,569Net Income 2012: $9,4422012Revenue 2013: $85,604Expenses 2013: $86,022Net Income 2013: -$4182013Revenue 2014: $87,895Expenses 2014: $92,570Net Income 2014: -$4,6752014Revenue 2015: $103,613Expenses 2015: $97,992Net Income 2015: $5,6212015Revenue 2016: $79,663Expenses 2016: $82,759Net Income 2016: -$3,0962016Revenue 2017: $89,252Expenses 2017: $84,130Net Income 2017: $5,1222017Revenue 2018: $68,517Expenses 2018: $87,421Net Income 2018: -$18,9042018Revenue 2019: $61,504Expenses 2019: $79,006Net Income 2019: -$17,5022019Revenue 2020: $306,567Expenses 2020: $90,152Net Income 2020: $216,4152020Revenue 2021: $49,477Expenses 2021: $52,302Net Income 2021: -$2,8252021Revenue 2022: $51,666Expenses 2022: $83,507Net Income 2022: -$31,8412022Revenue 2023: $80,875Expenses 2023: $107,286Net Income 2023: -$26,4112023Revenue 2024: $93,222Expenses 2024: $95,084Net Income 2024: -$1,8622024Revenue 2025: $54,540Expenses 2025: $80,615Net Income 2025: -$26,0752025

Highlighted filing

2016

Revenue$79,663
Expenses$82,759
Net Income-$3,096
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jan 18, 2017
Return Version
2015v3.0
Gross Receipts
$101,203
Mission and Program Overview

Mission

The organization was established in 1980 as an affiliate of the florida association of insurance agents. The organization was formed for educational purposes and for the exchange of constructive ideas among its members. It also seeks to protect the public from unethical business practices and to assure each member maintains a high standard of ethical conduct. Membership consists of independent agencies which are engaged in the business of property and casualty insurance. The characteristics of an independent agency are: ownership of a book of business, operation on a commission basis, maintaining a good business reputation, and experience and training to represent the types of insurance offered. Associate memberships are available for companies that the members represent and for any business that provides services to the insurance industry. For its members, the organization offers: - monthly luncheon programs to educate the members about current insurance or community issues and provid

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATIONAL AND OTHER ASSISTANCE TO THE PROFESSION OF INDEPENDENT INSURANCE AGENTS IN THE CENTRAL FLORIDA AREA. THE ORGANIZATION HAS 36 MEMBER AGENCIES AND 44 ASSOCIATE MEMBERSHIPS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOM SUTTONPresidentPT$0--
BRETT BRADLEYPresident-El-$0--
MATT OSTRANDERVice-Preside-$0--
JASON LEVINEPast Preside-$0--
DEBRA LAMPEDirector-$0--
SEAN RICHARDSONDirector-$0--
BRIAN TOMLINSONDirector-$0--
JERI CASCIODirector-$0--
DOUG FUDGEDirector-$0--
ANGIE VITALEDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
BIG "I" DAY$35,877$35,877$280$35,597
Total Events$35,877$35,877$21,540$14,337
Filing and Contact Details

Filer

Filer Name
Independent Insurance Agents of
EIN
59-6153230
Phone
4078980461
Address
845 N FERNCREEK AVENUE, ORLANDO, FL 32803

Signing Officer

Name
Tom Sutton
Title
President
Phone
4078980461
Signed
2017-01-18

Preparer

Firm
Kenneth J Scott Pa
Address
1470 MINNESOTA AVE, WINTER PARK, FL 32789
Preparer
Kenneth J Scott
Phone
4076440044
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Sponsorship 11,200 miscellaneous income 310 total 11,510

Form 990-ez, Part I, Line 10

EDUCATION 8,490 0 0

Form 990-ez, Part I, Line 16

Office rental commissions 1,200 repairs 2,275 taxes- real estate 3,564 utilities 1,215 expenses office expenses 5,110 website 2,370 conference and meetings 17,540 insurance expense 5,454 project invest 2,849 education expense 2,390 non-investment depreciation 106 investment depreciation 350 total 44,423

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 3,500 furniture & equipment 13,988 13,988 less accumulated depreciation 13,686 13,793 signs 1,479 1,479 less accumulated depreciation 1,479 1,479 total 302 3,695

Form 990-ez, Part II, Line 26

Payroll tax payable 973 0 credit card payable 0 625 prepaid dues/subscriptions 0 24,050 rent security deposit 0 1,100 sales tax payable 0 65

Form 990-ez, Part III

The organization was established in 1980 as an affiliate of the florida association of insurance agents. The organization was formed for educational purposes and for the exchange of constructive ideas among its members. It also seeks to protect the public from unethical business practices and to assure each member maintains a high standard of ethical conduct. Membership consists of independent agencies which are engaged in the business of property and casualty insurance. The characteristics of an independent agency are: ownership of a book of business, operation on a commission basis, maintaining a good business reputation, and experience and training to represent the types of insurance offered. Associate memberships are available for companies that the members represent and for any business that provides services to the insurance industry. For its members, the organization offers: - monthly luncheon programs to educate the members about current insurance or community issues and provide an opportunity for exchange among the membership. - legislative representation and information to ensure that the independent agent's legislative position is heard and to inform members of important legislative issues. - insurance education seminars to ensure that the members maintain a high level of expertise in the insurance field. For the community, the organization offers: - invest, a high school program, to teach young consumers about the independent insurance agency system and offer scholarships for higher education. - speakers bureau to educate business and individuals about their insurance needs. - storm catastrophe information to keep the community on notice of storm developments and what needs to be done in preparation and response. - community sponsorships to show the organization's support for a variety of community projects.

Form 990-ez, Part III, Line 28

Provide educational and other assistance to the profession of independent insurance agents in the central florida area. The organization has 36 member agencies and 44 associate memberships.

Form 990-ez, Part V, Line 33

The organization began renting out its building to a third party beginning november of 2015.

Raw XML Appendix162 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT-EL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PAST PRESIDE
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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION WAS ESTABLISHED IN 1980 AS AN AFFILIATE OF THE FLORIDA ASSOCIATION OF INSURANCE AGENTS. THE ORGANIZATION WAS FORMED FOR EDUCATIONAL PURPOSES AND FOR THE EXCHANGE OF CONSTRUCTIVE IDEAS AMONG ITS MEMBERS. IT ALSO SEEKS TO PROTECT THE PUBLIC FROM UNETHICAL BUSINESS PRACTICES AND TO ASSURE EACH MEMBER MAINTAINS A HIGH STANDARD OF ETHICAL CONDUCT. MEMBERSHIP CONSISTS OF INDEPENDENT AGENCIES WHICH ARE ENGAGED IN THE BUSINESS OF PROPERTY AND CASUALTY INSURANCE. THE CHARACTERISTICS OF AN INDEPENDENT AGENCY ARE: OWNERSHIP OF A BOOK OF BUSINESS, OPERATION ON A COMMISSION BASIS, MAINTAINING A GOOD BUSINESS REPUTATION, AND EXPERIENCE AND TRAINING TO REPRESENT THE TYPES OF INSURANCE OFFERED. ASSOCIATE MEMBERSHIPS ARE AVAILABLE FOR COMPANIES THAT THE MEMBERS REPRESENT AND FOR ANY BUSINESS THAT PROVIDES SERVICES TO THE INSURANCE INDUSTRY. FOR ITS MEMBERS, THE ORGANIZATION OFFERS: - MONTHLY LUNCHEON PROGRAMS TO EDUCATE THE MEMBERS ABOUT CURRENT INSURANCE OR COMMUNITY ISSUES AND PROVID
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATIONAL AND OTHER ASSISTANCE TO THE PROFESSION OF INDEPENDENT INSURANCE AGENTS IN THE CENTRAL FLORIDA AREA. THE ORGANIZATION HAS 36 MEMBER AGENCIES AND 44 ASSOCIATE MEMBERSHIPS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPONSORSHIP 11,200 MISCELLANEOUS INCOME 310 TOTAL 11,510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDUCATION 8,490 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICE RENTAL COMMISSIONS 1,200 REPAIRS 2,275 TAXES- REAL ESTATE 3,564 UTILITIES 1,215 EXPENSES OFFICE EXPENSES 5,110 WEBSITE 2,370 CONFERENCE AND MEETINGS 17,540 INSURANCE EXPENSE 5,454 PROJECT INVEST 2,849 EDUCATION EXPENSE 2,390 NON-INVESTMENT DEPRECIATION 106 INVESTMENT DEPRECIATION 350 TOTAL 44,423
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREPAID EXPENSES AND DEFERRED CHARGES 0 3,500 FURNITURE & EQUIPMENT 13,988 13,988 LESS ACCUMULATED DEPRECIATION 13,686 13,793 SIGNS 1,479 1,479 LESS ACCUMULATED DEPRECIATION 1,479 1,479 TOTAL 302 3,695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL TAX PAYABLE 973 0 CREDIT CARD PAYABLE 0 625 PREPAID DUES/SUBSCRIPTIONS 0 24,050 RENT SECURITY DEPOSIT 0 1,100 SALES TAX PAYABLE 0 65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WAS ESTABLISHED IN 1980 AS AN AFFILIATE OF THE FLORIDA ASSOCIATION OF INSURANCE AGENTS. THE ORGANIZATION WAS FORMED FOR EDUCATIONAL PURPOSES AND FOR THE EXCHANGE OF CONSTRUCTIVE IDEAS AMONG ITS MEMBERS. IT ALSO SEEKS TO PROTECT THE PUBLIC FROM UNETHICAL BUSINESS PRACTICES AND TO ASSURE EACH MEMBER MAINTAINS A HIGH STANDARD OF ETHICAL CONDUCT. MEMBERSHIP CONSISTS OF INDEPENDENT AGENCIES WHICH ARE ENGAGED IN THE BUSINESS OF PROPERTY AND CASUALTY INSURANCE. THE CHARACTERISTICS OF AN INDEPENDENT AGENCY ARE: OWNERSHIP OF A BOOK OF BUSINESS, OPERATION ON A COMMISSION BASIS, MAINTAINING A GOOD BUSINESS REPUTATION, AND EXPERIENCE AND TRAINING TO REPRESENT THE TYPES OF INSURANCE OFFERED. ASSOCIATE MEMBERSHIPS ARE AVAILABLE FOR COMPANIES THAT THE MEMBERS REPRESENT AND FOR ANY BUSINESS THAT PROVIDES SERVICES TO THE INSURANCE INDUSTRY. FOR ITS MEMBERS, THE ORGANIZATION OFFERS: - MONTHLY LUNCHEON PROGRAMS TO EDUCATE THE MEMBERS ABOUT CURRENT INSURANCE OR COMMUNITY ISSUES AND PROVIDE AN OPPORTUNITY FOR EXCHANGE AMONG THE MEMBERSHIP. - LEGISLATIVE REPRESENTATION AND INFORMATION TO ENSURE THAT THE INDEPENDENT AGENT'S LEGISLATIVE POSITION IS HEARD AND TO INFORM MEMBERS OF IMPORTANT LEGISLATIVE ISSUES. - INSURANCE EDUCATION SEMINARS TO ENSURE THAT THE MEMBERS MAINTAIN A HIGH LEVEL OF EXPERTISE IN THE INSURANCE FIELD. FOR THE COMMUNITY, THE ORGANIZATION OFFERS: - INVEST, A HIGH SCHOOL PROGRAM, TO TEACH YOUNG CONSUMERS ABOUT THE INDEPENDENT INSURANCE AGENCY SYSTEM AND OFFER SCHOLARSHIPS FOR HIGHER EDUCATION. - SPEAKERS BUREAU TO EDUCATE BUSINESS AND INDIVIDUALS ABOUT THEIR INSURANCE NEEDS. - STORM CATASTROPHE INFORMATION TO KEEP THE COMMUNITY ON NOTICE OF STORM DEVELOPMENTS AND WHAT NEEDS TO BE DONE IN PREPARATION AND RESPONSE. - COMMUNITY SPONSORSHIPS TO SHOW THE ORGANIZATION'S SUPPORT FOR A VARIETY OF COMMUNITY PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROVIDE EDUCATIONAL AND OTHER ASSISTANCE TO THE PROFESSION OF INDEPENDENT INSURANCE AGENTS IN THE CENTRAL FLORIDA AREA. THE ORGANIZATION HAS 36 MEMBER AGENCIES AND 44 ASSOCIATE MEMBERSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION BEGAN RENTING OUT ITS BUILDING TO A THIRD PARTY BEGINNING NOVEMBER OF 2015.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART V, LINE 33
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM SUTTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04078980461
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENT INSURANCE AGENTS OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CENTRAL FLORIDA INC
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0596153230
ReturnHeader/Filer/PhoneNum04078980461
ReturnHeader/Filer/USAddress/AddressLine1Txt0845 N FERNCREEK AVENUE
ReturnHeader/Filer/USAddress/CityNm0ORLANDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032803
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593419906
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KENNETH J SCOTT PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01470 MINNESOTA AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINTER PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032789
ReturnHeader/PreparerPersonGrp/PhoneNum04076440044
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH J SCOTT
ReturnHeader/ReturnTs02017-01-18T10:21:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-09-01
ReturnHeader/TaxPeriodEndDt02016-08-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.69$0.03$2.67$0.55$0.81$0.26
2024Detailed filing. Detailed filing data is available for this year.$2.93$2.93$0.93$0.95$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$0.81$1.07$0.26
2022Detailed filing. Detailed filing data is available for this year.$3.21$0.00$3.21$0.52$0.84$0.32
2021Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$0.49$0.52$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.76$0.20$3.56$3.07$0.90$2.16
2019Detailed filing. Detailed filing data is available for this year.$1.41$0.01$1.39$0.62$0.79$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.01$1.57$0.69$0.87$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.91$0.16$1.76$0.89$0.84$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.26$1.71$0.80$0.83$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.75$0.01$1.74$1.04$0.98$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.69$0.01$1.68$0.88$0.93$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.01$1.73$0.86$0.86$0.00
2012Summary only. Only limited summary data is available for this year.$1.75$0.01$1.74$0.90$0.81$0.09
2011Summary only. Only limited summary data is available for this year.$1.65$0.01$1.64$0.87$0.81$0.06