Kentucky Association of Insurance & Financial Advisors Inc
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Kentucky Association of Insurance & Financial Advisors Inc is a 501(c)(6) organization based in Louisville, Kentucky, registered in 1988, with $48,658 in FY2024 revenue. CharityIndex grades it B.
12730 Townepark Way Ste 202, Louisville, KY, 40243 EIN 61-0599233 Since 1988
Revenue (FY2024)
$49K
▲ 28.9% vs prior year
Expenses (FY2024)
$34K
Net assets
$42K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Kentucky 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 →
AFinancial health25% of the rating15 mo reserves · +30% 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 Kentucky Association of Insurance & Financial Advisors Inc: 15 mo reserves · +30% margin earns a A 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 Kentucky 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 Kentucky 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
- Address
- 12730 Townepark Way Ste 202, Louisville, KY, 40243
- City
- Louisville
- State
- Kentucky
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $45K (FY2020) to $49K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
29.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42K
Net assets
$42K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $48,658▲28.9% | $34,220▼21.5% | $41,723▲52.9% | $41,723▲52.9% | 990EZ |
| 2023 | $37,744▼23.9% | $43,582▲10.1% | $27,285▼17.6% | $27,285▼17.6% | 990EZ |
| 2022 | $49,598▲20.3% | $39,570▼7.1% | $33,123▲43.4% | $33,123▲43.4% | 990EZ |
| 2021 | $41,226▼8.4% | $42,594▲0.5% | $23,095▼5.6% | $23,095▼5.6% | 990EZ |
| 2020 | $45,002 | $42,381 | $24,463 | $24,463 | 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 Kentucky Association of Insurance & Financial Advisors Inc a legitimate nonprofit?
- Yes. Kentucky Association of Insurance & Financial Advisors Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 61-0599233, based in Louisville, Kentucky.
- What is Kentucky Association of Insurance & Financial Advisors Inc's EIN?
- Kentucky Association of Insurance & Financial Advisors Inc's Employer Identification Number (EIN) is 61-0599233.
- How much revenue does Kentucky Association of Insurance & Financial Advisors Inc report?
- Kentucky Association of Insurance & Financial Advisors Inc reported $48,658 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Kentucky Association of Insurance & Financial Advisors Inc have?
- CharityIndex grades Kentucky Association of Insurance & Financial Advisors Inc B, based on financial health (reserves and operating margin).
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Data for Kentucky Association of Insurance & Financial Advisors Inc (EIN 61-0599233) 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.