Foundation For Insurance And Financial Education Inc
- Assets
- $41.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Falls, IA
- Founding
- 02/2005
- Data as of
- 12/2023
- EIN
- 20-1227803
Organization Overview
Foundation For Insurance And Financial Education Inc is located in Cedar Falls, IA. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Insurance And Financial Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Foundation For Insurance And Financial Education Inc generated $197.0 in total revenue. All expenses for the organization totaled $30.2k during the year ending 12/2023. While expenses have increased by 157.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL OPPORTUNITIES AND EDUCATIONAL INFORMATION TO STUDENTS, THE GENERAL PUBLIC AND INDIVIDUALS WORKING IN THE INSURANCE AND FINANCIAL SERVICES INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Lindsley President | 1 | $0 | |
Chris Henderson President Elect | 1 | $0 | |
Pat Mongin Vp- Membership | 1 | $0 | |
Richard Balch Sec/ Treasurer | 1 | $0 | |
Brendon Derouin Past President | 1 | $0 | |
Mark Miller Vp- Advocacy | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $197 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $197 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,878 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,305 |
| Total expenses | $30,183 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,624 |
| Other assets | $0 |
| Total assets | $41,881 |
| Total liabilities | $402 |
| Net assets or fund balances | $41,479 |