ZUnclassifiedEIN: 560340370· Ruling Year: 1955

Independent Insurance Agents Of N Carolina Inc

Cary, North Carolina

AHealth Score
85A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.66×
Peer Median15.40×
💰
$4.7M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$10.9M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.6%
Year-over-year change (2022 → 2023)
Net Margin
+13.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.66
Net assets divided by total expenses
Liabilities-to-Assets
11.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,716,11316%$4,083,97722%$12,276,60111%
2022$4,078,37915%$3,353,13312%$11,020,3417%
2021$3,545,9206%$2,989,6512%$10,313,88915%
2020$3,752,4086%$2,939,11311%$8,968,83613%
2019$3,996,68711%$3,307,790$7,909,47212%
2018$3,603,0308%$3,321,6239%$7,033,1639%
2017$3,321,97012%$3,052,0437%$6,436,0246%
2016$3,791,01623%$2,849,5845%$6,051,62522%
2015$3,076,5254%$3,002,33510%$4,968,1872%
2014$2,953,5234%$3,320,77510%$4,880,2284%
2013$2,838,7286%$3,012,8543%$5,101,0162%
2012$2,675,9265%$2,920,1352%$5,015,2133%
2011$2,804,177$2,871,847$5,171,576

Frequently Asked Questions

What does Independent Insurance Agents Of N Carolina Inc do?

Independent Insurance Agents Of N Carolina Inc is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Independent Insurance Agents Of N Carolina Inc financially healthy?

Based on our 9-metric Financial Health Score model, Independent Insurance Agents Of N Carolina Inc has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Independent Insurance Agents Of N Carolina Inc generate?

Independent Insurance Agents Of N Carolina Inc reports $4.9M in annual revenue and holds $13.7M in total assets, based on IRS filings.

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Independent Insurance Agents Of N Carolina Inc — Cary, NC | GiveScope