Civic Intelligence

Independent Insurance Agents of Central Florida Inc

990EZ • Fiscal year 2019 • EIN 59-6153230

Sep 01, 2018 to Aug 31, 2019 • Filed on Jan 31, 2020

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

54th percentile

0.01x

Higher debt load relative to assets than 54% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

63rd percentile

0.02x

Higher debt load relative to revenue than 63% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

10th percentile

-28%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

25th percentile

-11%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-10%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$140,553

Down $17,425 (-11%) from 2018

Net Assets

Down

$139,319

Down $17,502 (-11%) from 2018

Liabilities

Up

$1,234

Up $77 (+6.7%) from 2018

Revenue

Down

$61,504

Down $7,013 (-10%) from 2018

Expenses

Down

$79,006

Down $8,415 (-9.6%) from 2018

Net Income

Up

-$17,502

Up $1,402 (+7.4%) from 2018

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

2019

Assets$140,553
Liabilities$1,234
Net Assets$139,319

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

2019

Revenue$61,504
Expenses$79,006
Net Income-$17,502
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jan 31, 2020
Return Version
2018v3.2
Gross Receipts
$108,099
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 MEMBER AGENCIES AND ASSOCIATE MEMBERSHIPS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG FUDGEPast Preside-$0--
BOB ADAMSONPresidentPT$0--
ERIC SHAWPresident El-$0--
MARIANA ZORRILLAVice Preside-$0--
ALEX THOMPSONDirector-$0--
NATHALIA AVILADirector-$0--
COLLIN KOSTIHADirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
BIG "I" DAY$41,231$41,231$5,213$36,018
Total Events$41,231$41,231$46,595$-5,364
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
Bob Adamson
Title
President
Phone
4078980461
Signed
2020-01-31

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 16,000 total 16,000

Form 990-ez, Part I, Line 10

Class of activity: education cash contribution: 9,250

Form 990-ez, Part I, Line 16

Office rental taxes and licenses 3,855 investment depreciation 307 expenses office expense 1,729 miscellaneous expense 468 website 12,927 bank and merchant fees 587 board and member meetings 9,440 insurance expense 3,883 advertising 320 invest awards event 3,640 total 37,156

Form 990-ez, Part II, Line 26

Rent security deposit 1,100 1,100 sales tax liability 57 134

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 member agencies and associate memberships.

Raw XML Appendix144 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/TitleTxt0PAST PRESIDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT EL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt037156
IRS990EZ/OtherRevenueTotalAmt016000
IRS990EZ/PoliticalCampaignActyInd0false
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 MEMBER AGENCIES AND ASSOCIATE MEMBERSHIPS.
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IRS990EZ/TotalRevenueAmt061504
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt019511
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPONSORSHIP 16,000 TOTAL 16,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASS OF ACTIVITY: EDUCATION CASH CONTRIBUTION: 9,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICE RENTAL TAXES AND LICENSES 3,855 INVESTMENT DEPRECIATION 307 EXPENSES OFFICE EXPENSE 1,729 MISCELLANEOUS EXPENSE 468 WEBSITE 12,927 BANK AND MERCHANT FEES 587 BOARD AND MEMBER MEETINGS 9,440 INSURANCE EXPENSE 3,883 ADVERTISING 320 INVEST AWARDS EVENT 3,640 TOTAL 37,156
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RENT SECURITY DEPOSIT 1,100 1,100 SALES TAX LIABILITY 57 134
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5PROVIDE EDUCATIONAL AND OTHER ASSISTANCE TO THE PROFESSION OF INDEPENDENT INSURANCE AGENTS IN THE CENTRAL FLORIDA AREA. THE ORGANIZATION HAS MEMBER AGENCIES AND ASSOCIATE MEMBERSHIPS.
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 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BOB ADAMSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04078980461
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-31
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
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D8AB8D36921CF03BD360323348BCD9DEA8888B35
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02020-02-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:50:15
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/PreparationDt02020-02-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH J SCOTT
ReturnHeader/ReturnTs02020-02-06T09:50:15-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-09-01
ReturnHeader/TaxPeriodEndDt02019-08-31
ReturnHeader/TaxYr02018

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