Georgia Association of Insurance & Financial Advisors Inc
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Georgia Association of Insurance & Financial Advisors Inc is a 501(c)(6) organization based in Atlanta, Georgia, registered in 1967, with $252,050 in FY2024 revenue. CharityIndex grades it C+.
241 W Wieuca Rd Ne Ste 230 # Ne, Atlanta, GA, 30342 EIN 58-0964223 Since 1967
Revenue (FY2024)
$252K
▲ 79.2% vs prior year
Expenses (FY2024)
$295K
Net assets
$182K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Georgia Association of Insurance & Financial Advisors Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating7 mo reserves · -17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Georgia Association of Insurance & Financial Advisors Inc: 7 mo reserves · -17% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Georgia Association of Insurance & Financial Advisors Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Georgia Association of Insurance & Financial Advisors Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $164K (FY2013) to $252K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,986Net assets $182K
Operating margin
-16.9%
Spent more than it raised in the latest fiscal year.
Total assets
$184K
Total liabilities
$1,986
Net assets
$182K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $252,050▲79.2% | $294,750▲80.3% | $182,117▼19.0% | $184,103▼39.2% | 990 |
| 2023 | $140,672▲8.0% | $163,470▲41.5% | $224,817▼9.2% | $302,803▲22.7% | 990EZ |
| 2022 | $130,287▲7.2% | $115,538▼14.5% | $247,615▲11.1% | $246,795▲9.4% | 990 |
| 2021 | $121,498▼10.7% | $135,102▼6.7% | $222,852▼5.7% | $225,652▼5.7% | 990 |
| 2020 | $136,065▼0.3% | $144,819▲6.2% | $236,282▼3.2% | $239,395▼6.1% | 990 |
| 2019 | $136,438▲43.3% | $136,344▲16.9% | $244,028▼2.7% | $254,934▲0.5% | 990 |
| 2017 | $95,225▼20.0% | $116,618▼0.4% | $250,707▼7.9% | $253,728▼7.7% | 990 |
| 2016 | $118,957▼8.0% | $117,106▲0.1% | $272,100▼1.0% | $274,998▼0.2% | 990 |
| 2015 | $129,254▼10.3% | $117,023▲2.0% | $274,863▲5.6% | $275,511▲5.3% | 990 |
| 2014 | $144,076▼12.1% | $114,678▼7.4% | $260,204▲16.1% | $261,594▲15.8% | 990 |
| 2013 | $163,911 | $123,857▼26.0% | $224,215▲21.7% | $225,872▲21.1% | 990 |
| 2012 | — | $167,440▼22.0% | $184,161▼9.3% | $186,568▼9.4% | 990 |
| 2011 | — | $214,637▲7.5% | $203,127▲3.4% | $205,946▲3.1% | 990 |
| 2010 | — | $199,666▲6.1% | $196,387▲5.3% | $199,707▲6.6% | 990 |
| 2009 | — | $188,236 | $186,525 | $187,350 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Georgia Association of Insurance & Financial Advisors Inc a legitimate nonprofit?
- Yes. Georgia Association of Insurance & Financial Advisors Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 58-0964223, based in Atlanta, Georgia.
- What is Georgia Association of Insurance & Financial Advisors Inc's EIN?
- Georgia Association of Insurance & Financial Advisors Inc's Employer Identification Number (EIN) is 58-0964223.
- How much revenue does Georgia Association of Insurance & Financial Advisors Inc report?
- Georgia Association of Insurance & Financial Advisors Inc reported $252,050 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Georgia Association of Insurance & Financial Advisors Inc have?
- CharityIndex grades Georgia Association of Insurance & Financial Advisors Inc C+, based on financial health (reserves and operating margin).
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Data for Georgia Association of Insurance & Financial Advisors Inc (EIN 58-0964223) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.