Professional Insurance Agents Association of Virginia & Dc
Only null% goes to programs Thin reserves Growing revenue
Professional Insurance Agents Association of Virginia & Dc is a 501(c)(6) organization based in Glen Allen, Virginia, registered in 1964, with $1,116,785 in FY2024 revenue. CharityIndex grades it C+.
1059 Technology Park Dr, Glen Allen, VA, 23059 EIN 54-6039747 Since 1964
Revenue (FY2024)
$1.1M
▼ 5.5% vs prior year
Community median: $184K
Expenses (FY2024)
$1.2M
Net assets
$66K
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 Professional Insurance Agents Association of Virginia & Dc— 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 rating1 mo reserves · -5% 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 Professional Insurance Agents Association of Virginia & Dc: 1 mo reserves · -5% 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 Professional Insurance Agents Association of Virginia & Dc— 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 Professional Insurance Agents Association of Virginia & Dc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1059 Technology Park Dr, Glen Allen, VA, 23059
- City
- Glen Allen
- State
- Virginia
- Subcategory
- Business & Industry Associations
- Website
- …
Financial trends
Revenue grew from $875K (FY2013) to $1.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $52KNet assets $66K
Operating margin
-4.7%
Spent more than it raised in the latest fiscal year.
Total assets
$118K
Total liabilities
$52K
Net assets
$66K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,116,785▼5.5% | $1,168,900▲12.8% | $66,134▼44.1% | $117,677▼50.0% | 990 |
| 2023 | $1,181,726▲12.1% | $1,036,518▲5.9% | $118,250▲539% | $235,459▲54.5% | 990 |
| 2022 | $1,054,211▲13.0% | $978,891▲9.8% | -$26,958▲73.6% | $152,424▼4.4% | 990 |
| 2021 | $932,742▲3.5% | $891,375▲12.1% | -$102,278▲28.8% | $159,503▼48.3% | 990 |
| 2020 | $900,960▲8.7% | $794,876▼5.3% | -$143,645▲42.5% | $308,432▲4.4% | 990 |
| 2019 | $828,495▼7.8% | $839,120▼12.8% | -$249,729▼9.9% | $295,404▼14.8% | 990 |
| 2018 | $898,366▼2.3% | $962,187▼1.3% | -$227,315▼39.0% | $346,822▼5.4% | 990 |
| 2017 | $919,778▼6.5% | $974,830▲2.6% | -$163,494▼50.8% | $366,647▼20.9% | 990 |
| 2016 | $984,012▲15.1% | $949,783▲8.9% | -$108,442▲24.0% | $463,514▼17.3% | 990 |
| 2015 | $854,816▼9.1% | $872,208▼8.5% | -$142,671▼13.9% | $560,677▼7.2% | 990 |
| 2014 | $940,803▲7.5% | $953,559▲3.7% | -$125,279▼18.4% | $604,097▼16.3% | 990 |
| 2013 | $875,317 | $919,790▼2.2% | -$105,840▼72.5% | $721,318▼9.0% | 990 |
| 2012 | — | $940,570 | -$61,367 | $792,744 | 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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Frequently asked questions
- Is Professional Insurance Agents Association of Virginia & Dc a legitimate nonprofit?
- Yes. Professional Insurance Agents Association of Virginia & Dc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 54-6039747, based in Glen Allen, Virginia.
- What is Professional Insurance Agents Association of Virginia & Dc's EIN?
- Professional Insurance Agents Association of Virginia & Dc's Employer Identification Number (EIN) is 54-6039747.
- How much revenue does Professional Insurance Agents Association of Virginia & Dc report?
- Professional Insurance Agents Association of Virginia & Dc reported $1,116,785 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Professional Insurance Agents Association of Virginia & Dc have?
- CharityIndex grades Professional Insurance Agents Association of Virginia & Dc C+, based on financial health (reserves and operating margin).
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Data for Professional Insurance Agents Association of Virginia & Dc (EIN 54-6039747) 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.