National Association of Insurance and Financial Advisors-texas Inc is a 501(c)(6) organization based in Powell, Ohio, registered in 1949, with $359,480 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$359K
▼ 6.4% vs prior year
Expenses (FY2024)
$294K
Net assets
$1.2M
Employees
—
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 →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 National Association of Insurance and Financial Advisors-texas Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 National Association of Insurance and Financial Advisors-texas Inc: 47 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
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 National Association of Insurance and Financial Advisors-texas Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 National Association of Insurance and Financial Advisors-texas Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $458K (FY2015) to $359K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
18.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$48K
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $359,480▼6.4% | $294,326▼5.7% | $1,162,390▲18.6% | $1,210,518▲17.2% | 990 |
| 2023 | $384,108▲14.9% | $311,977▲0.9% | $979,859▲21.1% | $1,032,611▲20.8% | 990 |
| 2022 | $334,182▼8.8% | $309,322▼21.7% | $808,818▼10.9% | $855,025▼10.8% | 990 |
| 2021 | $366,295▼4.1% | $394,892▼22.9% | $907,787▲2.5% | $958,569▼0.3% | 990 |
| 2020 | $382,052▼8.2% | $512,490▼1.7% | $885,578▼6.0% | $961,907▼5.7% | 990 |
| 2019 | $415,971▼18.6% | $521,575▼14.5% | $941,948▲2.3% | $1,020,112▼2.2% | 990 |
| 2016 | $510,951▲11.6% | $609,692▲13.0% | $921,209▼8.2% | $1,042,951▼6.1% | 990 |
| 2015 | $457,812 | $539,406 | $1,003,789 | $1,110,606 | 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.
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Data for National Association of Insurance and Financial Advisors-texas Inc (EIN 74-1074521) 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.