Southern Agents Conference Inc

Nonprofit profile at a glance

EIN
471236425
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Alpharetta, GA, USA
Phone
7704580093
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$100,005
Expenses
$80,911
Assets
$42,988
Liabilities
$0

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

Leadership & pay

29 people listed

People named in this filing

  • Jim Murphree (Board Member)
  • Bill Jacka (Board Member)
  • Bryan Clinkscale (Board Member)

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

This corporation is a voluntary, non-profit organization incorporated for the purpose of fostering the common business interests of its membership and to: promote in general the insurance industry within the southern region of the united states; to promote closer ties among insurance agents in that region by providing a vehicle for interchange of ideas for the promotion and advancement of the industry among them; and to advance the level of ethics in the conduct of the insurance business within that region.

What it reported doing in 2024

The objects of this organization are: to provide an opportunity for its members to consider matters pertaining to their business which may be peculiar to rules or customs in the region; to provide a regional structure within the Independent Insurance Agents and Brokers of America, Inc., to which matters may be referred to that Association or any State Association pertaining to the insurance business in the southern region; to initiate principles of policy for consideration by the Independent Insurance Agents and Brokers of America, Inc., provided that such matters are in harmony with the objectives of that organization.

Operating model

Revenue model
Earned-program. 79% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 62
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: 19.1%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 22.2% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 57.1% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 29 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2023 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.