Civic Intelligence

Nevada Surplus Lines Association

990 • Fiscal year 2018 • EIN 88-0358656

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 20, 2019

6490 S Mccarran Blvd 39Reno, NV 89509

(775) 826-7898

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$6,842,728

Flat from 2018

Net Assets

Flat

$6,809,734

Flat from 2018

Liabilities

Flat

$32,994

Flat from 2018

Revenue And Expenses

Revenue

Flat

$1,178,815

Flat from 2018

Expenses

Flat

$619,939

Flat from 2018

Net Income

Flat

$558,876

Flat from 2018

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 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

2018

Assets$6,842,728
Liabilities$32,994
Net Assets$6,809,734

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 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

2018

Revenue$1,178,815
Expenses$619,939
Net Income$558,876
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 20, 2019
Return Version
2018v3.1
Gross Receipts
$6,761,017
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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,597,392$6,179,858▲ $1,582,466
Accounts Receivable$345,913$367,509▲ $21,596
Cash and Non-Interest-Bearing Accounts$1,200,773$267,455▼ $933,318
Prepaid Expenses and Deferred Charges$11,747$14,375▲ $2,628
Intangible Assets$20,569$10,285▼ $10,284
Land, Buildings, and Equipment, Net$925$555▼ $370
Total Assets$6,180,010$6,842,728▲ $662,718
Other Assets Total$2,691$2,691→ $0
Liabilities
Accounts Payable and Accrued Expenses$34,976$32,994▼ $1,982
Total Liabilities$34,976$32,994▼ $1,982
Net Assets / Fund Balance
Unrestricted Net Assets$6,145,034$6,809,734▲ $664,700
Total Net Assets Fund Balance$6,145,034$6,809,734▲ $664,700
Total Liabilities and Net Assets / Fund Balance$6,180,010$6,842,728▲ $662,718

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$555$57,580$58,135
Other Securities$6,179,858--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynn TwaddleExecutive DiFT$139,675$20,951$160,626
Lynn TwaddleExecutive Director-$105,500$55,126$160,626

Board Members and Trustees

NameTitle
Tom KerestesiChairman
Nick RossiVice-chairma
David LeeDirector
Jeff HarmonDirector
John DrakulichDirector
Sherri RiceDirector
Mike SchellinSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,526,782
Investment Income
$-347,967
Other Revenue
$0
Change in Net Assets
$558,876

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,178,815
Revenue Not Reported on Form 990
$105,824
Total Revenue per Audited Statements
$1,284,639
Total Revenue per Form 990
$1,178,815
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$271,342
Salaries, Compensation, and Employee Benefits$236,347
Grants and Similar Amounts Paid$112,250
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$160,626
Grants to Domestic Orgs---$112,250
Information Technology---$72,875
Other Salaries and Wages---$47,917
Occupancy---$37,411
Conferences and Meetings---$31,640
Fees for Services Legal---$31,199
Fees for Services Accounting---$27,500
Insurance---$23,215
Payroll Taxes---$14,561
Office Expenses---$11,529
Depreciation Depletion---$10,655
Other Employee Benefits---$8,243
All Other Expenses---$5,819
Pension Plan Contributions---$5,000
Other Expenses---$2,465
Travel---$177
Total Functional Expenses$0$0$0$619,939

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$619,939
Total Expenses per Audited Statements$619,939
Total Expenses per Form 990$619,939
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Unlv FoundationLas Vegas, NVGovPublic Education$112,250
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
Backup withholding compliance
No
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 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 annually 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 18

The oranization can make certain governing documents available upon written request.

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

Filer Name
Nevada Surplus Lines Association
EIN
88-0358656
Phone
7758267898
Address
6490 S MCCARRAN BLVD 39, RENO, NV 89509

Signing Officer

Name
Lynn Twaddle
Title
Executive Director
Phone
7758267898
Signed
2019-03-20
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Jackson & Jackson Cpas Ltd
Address
1755 E PLUMB LN STE 100, RENO, NV 89502
Preparer
Mark a Jackson CPA
Phone
7753605910
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

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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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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/ExplanationTxt2A 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/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS DISCUSSED ANNUALLY AT A BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5THE ORANIZATION CAN MAKE CERTAIN GOVERNING DOCUMENTS AVAILABLE UPON WRITTEN REQUEST.
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06809734
IRS990/TotalOtherCompensationAmt020951
IRS990/TotalProgramServiceRevenueAmt01526782
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IRS990/TotalRevenueGrp/ExclusionAmt0221282
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0957533
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01178815
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06842728
IRS990/TravelGrp/TotalAmt0177
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt06145034
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06809734
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IRS990/USAddress/CityNm0RENO
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd0895095317
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IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.NSLA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LYNN TWADDLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07758267898
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEVADA SURPLUS LINES ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0NEVA
ReturnHeader/Filer/EIN0880358656
ReturnHeader/Filer/PhoneNum07758267898
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06048E64F89C325BA4001241009C302C6398F4C67
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06048E64F89C325BA4001241009C302C6398F4C67
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt045.17.112.181
ReturnHeader/FilingSecurityInformation/IPDt02019-05-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:57:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814751082
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JACKSON & JACKSON CPAS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01755 E PLUMB LN STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RENO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089502
ReturnHeader/PreparerPersonGrp/PhoneNum07753605910
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK A JACKSON CPA
ReturnHeader/ReturnTs02019-05-22T13:57:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
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