Insurance Accounting & Systems Association Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves Declining revenue
Insurance Accounting & Systems Association Inc is a 501(c)(3) organization based in Malvern, Pennsylvania, registered in 1994, with $394,425 in FY2024 revenue. CharityIndex grades it D.
720 Providence Road, Malvern, PA, 19355 EIN 56-1526114 Since 1994
Revenue (FY2024)
$394K
▼ 67.2% vs prior year
Expenses (FY2024)
$2.0M
Net assets
-$3.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Insurance Accounting & Systems Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -408% 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 Insurance Accounting & Systems Association Inc: 0 mo reserves · -408% margin earns a F 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 Insurance Accounting & Systems Association 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 Insurance Accounting & Systems Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 720 Providence Road, Malvern, PA, 19355
- City
- Malvern
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $3.9M (FY2013) to $394K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.1MNet assets -$3.1M
Operating margin
-407.9%
Spent more than it raised in the latest fiscal year.
Total assets
$25K
Total liabilities
$3.1M
Net assets
-$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $394,425▼67.2% | $2,003,300▼11.1% | -$3,066,893▼110% | $24,593▼73.4% | 990 |
| 2023 | $1,204,075▼20.4% | $2,252,888▲4.7% | -$1,458,018▼256% | $92,464▼85.3% | 990 |
| 2022 | $1,512,064▼35.4% | $2,150,974▼22.7% | -$409,205▼352% | $627,915▼57.7% | 990 |
| 2021 | $2,339,018▲10.7% | $2,781,262▲76.8% | $162,457▼80.4% | $1,485,537▼40.2% | 990 |
| 2020 | $2,113,010▲109% | $1,573,185▼18.3% | $830,848▲543% | $2,485,061▲26.6% | 990 |
| 2019 | $1,010,040▼68.7% | $1,925,765▼43.3% | $129,174▼88.1% | $1,962,437▼6.7% | 990 |
| 2018 | $3,226,361▼6.3% | $3,398,800▼20.6% | $1,082,881▼10.9% | $2,104,465▼32.9% | 990 |
| 2017 | $3,443,025▼8.2% | $4,283,100▲10.7% | $1,215,012▼41.8% | $3,135,129▼17.8% | 990 |
| 2016 | $3,752,137▼9.4% | $3,870,551▼1.2% | $2,086,496▼0.9% | $3,813,467▲13.0% | 990 |
| 2015 | $4,140,283▲3.1% | $3,918,748▼1.3% | $2,104,464▲9.0% | $3,376,177▼4.2% | 990 |
| 2014 | $4,013,922▲4.1% | $3,971,193▲6.9% | $1,930,572▲2.3% | $3,523,684▲27.3% | 990 |
| 2013 | $3,856,167 | $3,716,094 | $1,887,843 | $2,768,566 | 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 Insurance Accounting & Systems Association Inc a legitimate nonprofit?
- Yes. Insurance Accounting & Systems Association Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1526114, based in Malvern, Pennsylvania. Donations are tax-deductible.
- What is Insurance Accounting & Systems Association Inc's EIN?
- Insurance Accounting & Systems Association Inc's Employer Identification Number (EIN) is 56-1526114.
- How much revenue does Insurance Accounting & Systems Association Inc report?
- Insurance Accounting & Systems Association Inc reported $394,425 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Insurance Accounting & Systems Association Inc have?
- CharityIndex grades Insurance Accounting & Systems Association Inc D, based on financial health (reserves and operating margin).
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Data for Insurance Accounting & Systems Association Inc (EIN 56-1526114) 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.