Independent Brokers and Agents of Silicon Valley
Nonprofit profile at a glance
- EIN
- 946080130
- IRS 990-EZ coverage
- 2012–2020
- Forms available
- Form 990-EZ 2020
- Location
- San Jose, CA, USA
- Phone
- 4086880700
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $10,353
- Expenses
- $9,355
- Assets
- $32,751
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- JESSICA BORJA-CHAVEZ (President)
People named in this filing
- JESSICA BORJA-CHAVEZ (President)
- TERRY HICKEY (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Insurance Brokers and Agents of the Silicon Valley is a network of Insurance professionals that offers continued growth in all lines of insurance, continuing education and discounted insurance products. We participate and raise funds for charitable organizations. We are committed to legislative campaigns and coalitions that promote our political objectives. Our local association members are offered broader access to services and programs through the regional association, IBA West. We create and promote relationships that strengthen our industry, thereby allowing us to serve our clients with the highest ethical and professional standards.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 29%; rating input score 29
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.6%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 3.5; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 25.7%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -7.2% per year; rating input score 0; 40th percentile among comparable filings
- Asset growth: -3% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: 29% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 9 filing years from 2012 to 2020
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 29/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.