Independent Insurance Agents & Brokers Association of Los Angeles
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Independent Insurance Agents & Brokers Association of Los Angeles is a 501(c)(6) organization based in Redondo Beach, California, registered in 1944, with $43,509 in FY2024 revenue. CharityIndex grades it C.
407 N Pacific Coast Highway 127, Redondo Beach, CA, 90277 EIN 95-0865610 Since 1944
Revenue (FY2024)
$44K
▲ 178.7% vs prior year
Expenses (FY2024)
$50K
Net assets
$350K
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 Independent Insurance Agents & Brokers Association of Los Angeles— 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 rating84 mo reserves · -14% 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 Independent Insurance Agents & Brokers Association of Los Angeles: 84 mo reserves · -14% 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 Independent Insurance Agents & Brokers Association of Los Angeles— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Independent Insurance Agents & Brokers Association of Los Angeles: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 407 N Pacific Coast Highway 127, Redondo Beach, CA, 90277
- City
- Redondo Beach
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $45K (FY2012) to $44K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $350K
Operating margin
-14.5%
Spent more than it raised in the latest fiscal year.
Total assets
$350K
Total liabilities
$0
Net assets
$350K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $43,509▲179% | $49,804▲9.8% | $349,717▲0.7% | $349,717▲0.7% | 990 |
| 2023 | $15,614▼55.1% | $45,347▲17.1% | $347,454▼1.0% | $347,454▼1.0% | 990 |
| 2022 | $34,750▲523% | $38,729▲424% | $351,136▼31.3% | $351,136▼31.3% | 990 |
| 2021 | $5,578▼63.7% | $7,387▼2.6% | $510,753▼0.4% | $510,753▼0.4% | 990 |
| 2020 | $15,383▼63.1% | $7,587▼85.9% | $512,562▲1.5% | $512,562▲1.5% | 990 |
| 2019 | $41,666▼30.7% | $53,742▲60.3% | $504,766▼2.3% | $504,766▼2.3% | 990 |
| 2018 | $60,088▲38.5% | $33,519▼4.6% | $516,842▲5.4% | $516,842▲5.4% | 990 |
| 2017 | $43,398▲6.8% | $35,128▼20.1% | $490,273▲1.7% | $490,273▲1.7% | 990EZ |
| 2016 | $40,634▲18.9% | $43,965▲107% | $482,003▼0.7% | $482,003▼0.7% | 990EZ |
| 2015 | $34,181▼9.8% | $21,256▼33.0% | $485,334▲2.7% | $485,334▲2.7% | 990EZ |
| 2014 | $37,881▼12.4% | $31,711▼37.8% | $472,409▲1.3% | $472,409▲1.3% | 990EZ |
| 2013 | $43,261▼3.0% | $50,995▲6.3% | $466,239▼1.6% | $466,239▼1.6% | 990EZ |
| 2012 | $44,611 | $47,995 | $473,973 | $473,973 | 990EZ |
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 Independent Insurance Agents & Brokers Association of Los Angeles a legitimate nonprofit?
- Yes. Independent Insurance Agents & Brokers Association of Los Angeles is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 95-0865610, based in Redondo Beach, California.
- What is Independent Insurance Agents & Brokers Association of Los Angeles's EIN?
- Independent Insurance Agents & Brokers Association of Los Angeles's Employer Identification Number (EIN) is 95-0865610.
- How much revenue does Independent Insurance Agents & Brokers Association of Los Angeles report?
- Independent Insurance Agents & Brokers Association of Los Angeles reported $43,509 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Independent Insurance Agents & Brokers Association of Los Angeles have?
- CharityIndex grades Independent Insurance Agents & Brokers Association of Los Angeles C, based on financial health (reserves and operating margin).
More nonprofits in Redondo Beach
Explore more
Data for Independent Insurance Agents & Brokers Association of Los Angeles (EIN 95-0865610) 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.