Independent Insurance Agents of Central Florida Inc
Nonprofit profile at a glance
- EIN
- 596153230
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Maitland, FL, USA
- Phone
- 4078980461
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $54,540
- Expenses
- $80,615
- Assets
- $269,220
- Liabilities
- $2,500
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- HOLLY KABBOORD HEMELGARN (PRESIDENT)
- ALEX METKA (PRESIDENT EL)
People named in this filing
- JARED TOWNSEND (PAST PRESIDE)
- HOLLY KABBOORD HEMELGARN (PRESIDENT)
- ALEX METKA (PRESIDENT EL)
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
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
What it reported doing in 2024
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.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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: 39
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28%; rating input score 28
- 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: -47.8%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 3.34; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1% per year; rating input score 0; 47th percentile among comparable filings
- Asset growth: 5.9% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 28% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 28/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.