Civic Intelligence

Nevada Surplus Lines Association

990 • Fiscal year 2013 • EIN 88-0358656

Jan 01, 2013 to Dec 31, 2013 • Filed on May 14, 2014

6490 S Mccarran BlvdRoom/Suite 3989509-5317

(775) 826-7898

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

15th percentile

0.01x

Higher debt load relative to revenue than 15% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Net Margin

98th percentile

48%

Higher net margin than 98% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

42nd percentile

$120,400

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$3,886,876

Up $354,704 (+10%) from 2012

Net Assets

Up

$3,880,789

Up $354,971 (+10%) from 2012

Liabilities

Down

$6,087

Down $267 (-4.2%) from 2012

Revenue

$1,065,871

No earlier filing loaded for comparison.

Expenses

Up

$554,682

Up $12,135 (+2.2%) from 2012

Net Income

$511,189

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,019,583Liabilities 2011: $11,936Net Assets 2011: $3,007,6472011Assets 2012: $3,532,172Liabilities 2012: $6,354Net Assets 2012: $3,525,8182012Assets 2013: $3,886,876Liabilities 2013: $6,087Net Assets 2013: $3,880,7892013Assets 2014: $4,546,677Liabilities 2014: $9,437Net Assets 2014: $4,537,2402014Assets 2015: $5,027,322Liabilities 2015: $24,117Net Assets 2015: $5,003,2052015Assets 2016: $5,517,431Liabilities 2016: $12,337Net Assets 2016: $5,505,0942016Assets 2017: $6,180,010Liabilities 2017: $34,976Net Assets 2017: $6,145,0342017Assets 2018: $6,842,728Liabilities 2018: $32,994Net Assets 2018: $6,809,7342018Assets 2019: $4,246,187Liabilities 2019: $43,640Net Assets 2019: $4,202,5472019Assets 2020: $3,288,575Liabilities 2020: $17,467Net Assets 2020: $3,271,1082020Assets 2021: $3,045,218Liabilities 2021: $45,653Net Assets 2021: $2,999,5652021Assets 2022: $3,511,286Liabilities 2022: $142,368Net Assets 2022: $3,368,9182022Assets 2023: $3,800,744Liabilities 2023: $122,433Net Assets 2023: $3,678,3112023Assets 2024: $4,052,447Liabilities 2024: $54,787Net Assets 2024: $3,997,6602024

Highlighted filing

2013

Assets$3,886,876
Liabilities$6,087
Net Assets$3,880,789

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $721,0392011Expenses 2012: $542,5472012Revenue 2013: $1,065,871Expenses 2013: $554,682Net Income 2013: $511,1892013Revenue 2014: $1,059,744Expenses 2014: $545,016Net Income 2014: $514,7282014Revenue 2015: $1,248,473Expenses 2015: $654,266Net Income 2015: $594,2072015Revenue 2016: $1,220,401Expenses 2016: $585,694Net Income 2016: $634,7072016Revenue 2017: $1,525,336Expenses 2017: $886,710Net Income 2017: $638,6262017Revenue 2018: $1,178,815Expenses 2018: $619,939Net Income 2018: $558,8762018Revenue 2019: $1,770,447Expenses 2019: $4,692,728Net Income 2019: -$2,922,2812019Revenue 2020: $1,778,531Expenses 2020: $2,770,266Net Income 2020: -$991,7352020Revenue 2021: $2,380,303Expenses 2021: $2,681,235Net Income 2021: -$300,9322021Revenue 2022: $3,206,561Expenses 2022: $2,607,110Net Income 2022: $599,4512022Revenue 2023: $3,986,637Expenses 2023: $3,818,893Net Income 2023: $167,7442023Revenue 2024: $4,398,833Expenses 2024: $4,053,519Net Income 2024: $345,3142024

Highlighted filing

2013

Revenue$1,065,871
Expenses$554,682
Net Income$511,189
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 14, 2014
Return Version
2013v3.1
Gross Receipts
$2,836,668
Mission and Program Overview

Mission

To assist the nevada division of insurance in the regulation of surplus lines insurance and to encourage compliance by surplus lines agents and insurers with the surplus lines law and the rules of the nevada division of insurance

To assist the nevada division of insurance in the regulation of surplus lines insurance and to encourage compliance by surplus lines agents and insurers with the surplus lines law and the rules of the nevada division of insurance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,736,960$3,297,500▲ $560,540
Accounts Receivable$266,237$273,816▲ $7,579
Cash and Non-Interest-Bearing Accounts$294,355$160,305▼ $134,050
Land, Buildings, and Equipment, Net$217,950$145,115▼ $72,835
Savings and Temporary Cash Investments$11,365--
Prepaid Expenses and Deferred Charges$5,305$7,449▲ $2,144
Total Assets$3,532,172$3,886,876▲ $354,704
Other Assets Total-$2,691-
Liabilities
Accounts Payable and Accrued Expenses$6,354$6,087▼ $267
Total Liabilities$6,354$6,087▼ $267
Net Assets / Fund Balance
Unrestricted Net Assets$3,525,818$3,880,789▲ $354,971
Total Net Assets Fund Balance$3,525,818$3,880,789▲ $354,971
Total Liabilities and Net Assets / Fund Balance$3,532,172$3,886,876▲ $354,704

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$145,115$295,468$440,583
Other Securities$3,297,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynn TwaddleExecutive DiFT$107,500$12,900$120,400

Board Members and Trustees

NameTitle
Wade LeavittChairman
Leila LockhartVice-chairma
David LeeDirector
Jeff HarmonDirector
Mike SchellinDirector
Tom KerestesiDirector
Russell McmullenSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$996,684
Investment Income
$69,187
Other Revenue
$0
Change in Net Assets
$511,189

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,065,871
Revenue Not Reported on Form 990
$-156,218
Total Revenue per Audited Statements
$909,653
Total Revenue per Form 990
$1,065,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$310,036
Salaries, Compensation, and Employee Benefits$211,231
Grants and Similar Amounts Paid$33,415
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$120,400
Depreciation Depletion---$75,427
Other Salaries and Wages---$51,500
Conferences and Meetings---$46,023
Grants to Domestic Orgs---$33,415
Fees for Services Legal---$30,661
Fees for Services Accounting---$29,715
Occupancy---$27,548
Office Expenses---$26,908
Other Employee Benefits---$20,349
Payroll Taxes---$12,802
Insurance---$8,684
All Other Expenses---$6,658
Pension Plan Contributions---$6,180
Other Expenses---$3,366
Total Functional Expenses$0$0$0$554,682

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$554,682
Total Expenses per Audited Statements$554,682
Total Expenses per Form 990$554,682
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
88-0072961-501c 6Public Education$33,415
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

By nevada revised statute, all licensed surplus lines brokers are members of the association.

Form 990, Page 6, Part VI, Line 8B

The board is prohibited from appointing committees by the state.

Form 990, Page 6, Part VI, Line 11B

A discussion draft of form 990 is mailed to the entire board to respond to the executive director in writing by e-mail with comments or questions. At the following board meeting the form 990 will be approved by the board and mailed.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is discussed annual at a board meeting.

Form 990, Page 6, Part VI, Line 15A

The process of determining compensation includes review and approval by the board of directors or personnel working group of the organization, use of data as to comparable compensation, and contemporaneous documentation and recordkeeping.

Form 990, Page 6, Part VI, Line 19

The annual report is made available to all members and interested parties through the organizations website.

Filing and Contact Details

Filer

EIN
88-0358656
Phone
7758267898

Signing Officer

Name
Lynn Twaddle
Title
Executive Director
Phone
7758267898
Signed
2014-05-14

Organization Details

Principal Officer
Lynn Twaddle
Formed
1996
Legal Domicile
Nv
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Preparer
Harry O Parsons CPA
Phone
7753281040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To assist the nevada division of insurance in the regulation of surplus lines insurance and to encourage compliance by surplus lines agents and insurers with the surplus lines law and the rules of the nevada division of insurance.

Raw XML Appendix347 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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PUBLIC EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10NEVADA INDEPENDENT INSURANCE AGENTS
IRS990ScheduleI/RecipientTable/RecipientEIN0880072961
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10310 NORTH STEWART STREET
IRS990ScheduleI/RecipientTable/USAddress/City0CARSON CITY
IRS990ScheduleI/RecipientTable/USAddress/State0NV
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode089701
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ASSIST THE NEVADA DIVISION OF INSURANCE IN THE REGULATION OF SURPLUS LINES INSURANCE AND TO ENCOURAGE COMPLIANCE BY SURPLUS LINES AGENTS AND INSURERS WITH THE SURPLUS LINES LAW AND THE RULES OF THE NEVADA DIVISION OF INSURANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BY NEVADA REVISED STATUTE, ALL LICENSED SURPLUS LINES BROKERS ARE MEMBERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD IS PROHIBITED FROM APPOINTING COMMITTEES BY THE STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DISCUSSION DRAFT OF FORM 990 IS MAILED TO THE ENTIRE BOARD TO RESPOND TO THE EXECUTIVE DIRECTOR IN WRITING BY E-MAIL WITH COMMENTS OR QUESTIONS. AT THE FOLLOWING BOARD MEETING THE FORM 990 WILL BE APPROVED BY THE BOARD AND MAILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS DISCUSSED ANNUAL AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS OF DETERMINING COMPENSATION INCLUDES REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR PERSONNEL WORKING GROUP OF THE ORGANIZATION, USE OF DATA AS TO COMPARABLE COMPENSATION, AND CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ANNUAL REPORT IS MADE AVAILABLE TO ALL MEMBERS AND INTERESTED PARTIES THROUGH THE ORGANIZATIONS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03532172
IRS990/TotalAssetsEOYAmt03886876
IRS990/TotalAssetsGrp/BOYAmt03532172
IRS990/TotalAssetsGrp/EOYAmt03886876
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IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0554682
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06354
IRS990/TotalLiabilitiesEOYAmt06087
IRS990/TotalLiabilitiesGrp/BOYAmt06354
IRS990/TotalLiabilitiesGrp/EOYAmt06087
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03525818
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03880789
IRS990/TotalOtherCompensationAmt012900
IRS990/TotalProgramServiceRevenueAmt0996684
IRS990/TotalReportableCompFromOrgAmt0107500
IRS990/TotalRevenueGrp/ExclusionAmt069187
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0996684
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01065871
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03532172
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03886876
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03525818
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03880789
IRS990/USAddress/AddressLine106490 S MCCARRAN BLVD 39
IRS990/USAddress/City0RENO
IRS990/USAddress/State0NV
IRS990/USAddress/ZIPCode0895095317
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.NSLA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LYNN TWADDLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07758267898
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10NEVADA SURPLUS LINES ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine20INC
ReturnHeader/Filer/BusinessNameControlTxt0NEVA
ReturnHeader/Filer/EIN0880358656
ReturnHeader/Filer/PhoneNum07758267898
ReturnHeader/Filer/USAddress/AddressLine106490 S MCCARRAN BLVD
ReturnHeader/Filer/USAddress/AddressLine20ROOM/SUITE 39
ReturnHeader/Filer/USAddress/City0RENO
ReturnHeader/Filer/USAddress/State0NV
ReturnHeader/Filer/USAddress/ZIPCode0895095317
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10PANGBORN & CO LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10924 S VIRGINIA STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0RENO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0895022416
ReturnHeader/PreparerPersonGrp/PhoneNum07753281040
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HARRY O PARSONS CPA
ReturnHeader/ReturnTs02014-05-14T16:56:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.05$0.05$4.00$4.40$4.05$0.35
2023Detailed filing. Detailed filing data is available for this year.$3.80$0.12$3.68$3.99$3.82$0.17
2022Detailed filing. Detailed filing data is available for this year.$3.51$0.14$3.37$3.21$2.61$0.60
2021Detailed filing. Detailed filing data is available for this year.$3.05$0.05$3.00$2.38$2.68$0.30
2020Detailed filing. Detailed filing data is available for this year.$3.29$0.02$3.27$1.78$2.77$0.99
2019Detailed filing. Detailed filing data is available for this year.$4.25$0.04$4.20$1.77$4.69$2.92
2018Detailed filing. Detailed filing data is available for this year.$6.84$0.03$6.81$1.18$0.62$0.56
2017Detailed filing. Detailed filing data is available for this year.$6.18$0.03$6.15$1.53$0.89$0.64
2016Detailed filing. Detailed filing data is available for this year.$5.52$0.01$5.51$1.22$0.59$0.63
2015Detailed filing. Detailed filing data is available for this year.$5.03$0.02$5.00$1.25$0.65$0.59
2014Detailed filing. Detailed filing data is available for this year.$4.55$0.01$4.54$1.06$0.55$0.51
2013Detailed filing. Detailed filing data is available for this year.$3.89$0.01$3.88$1.07$0.55$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.01$3.53$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.01$3.01$0.72