Independent Insurance Agents of Broward County Inc

Nonprofit profile at a glance

EIN
590944561
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Cooper City, FL, USA
Phone
9546805601
Rating confidence
Limited

Official website

Reported finances

Revenue
$107,668
Expenses
$76,394
Assets
$233,415
Liabilities
$10,017

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Jennifer Gross (President)
  • Randy Iten (Past President)

People named in this filing

  • Karen Priester Fassbach (Executive Direc)
  • Debra Iten (Director)
  • Chad Clark (Director)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Insurance agents business association

What it reported doing in 2024

To promote and advertise the interest of independent insurance agencies in Broward County, Florida. That is done through golf tournaments, Big I Day, Bowling, Monthly Events, Holiday Party, CornHole, Education, Installation, Golf, and membership meetings.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 3.06; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 45.9%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 72.3% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 17% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2020 to 2024
  • 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.

  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.