INDEPENDENT INSURANCE AGENTS OF CONNECTI (EIN 060605491) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

LISA LOUNSBURY

Phone

8605631950

Tax Period

2024-09-01 to 2025-08-31

INDEPENDENT INSURANCE AGENTS OF CONNECTI, founded in 1951, is a small nonprofit that reported $644K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

SERVE INDEPENDTENT INURANCE AGENTS IN EDUCATION, GOVERNMENT RELATIONS AND OTHER IMPORTANT AREAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $579,340

Investment Income $0

Other Revenue $64,295

TOTAL REVENUE $643,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $636,956

TOTAL EXPENSES $636,956

Year-over-Year Comparison

	2024	2023	Change
Revenue	$643,635	$571,190	+0.1%
Expenses	$636,956	$562,609	+0.1%
Net Income	$6,679	$8,581	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA LOUNSBURY	PRESIDENT	15.00	Officer Director	$0	$0	$0
ROBERT JONES	PAST CHAIR-THROUGH DEC 12, 2024	1.00	Officer Director	$0	$0	$0
DANIELLE BROWN	CHAIR OF BOARD	1.00	Officer Director	$0	$0	$0
JAY LONG	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SADLAK	DIRECTOR	1.00	Director	$0	$0	$0
JASON GUERRERA	VICE CHAIR & SECRETARY/TRE	1.00	Officer Director	$0	$0	$0
DANIEL MCNAMARA	DIRECTOR	1.00	Director	$0	$0	$0
MARY PURSELL CPCU	NATIONAL DIRECTOR	1.00	Officer Director	$0	$0	$0
ANTON REED	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA GATTO	PAST CHAIR-STARTING DEC 12, 2024	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$643,635	$636,956	$292,887	$6,679
2024	$571,190	$562,609	$318,575	$8,581
2023	$578,214	$478,868	$263,171	$99,346
2022	$611,923	$618,208	$241,320	$-6,285
2021	$417,903	$508,823	$227,172	$-90,920
2020	$420,074	$537,497	$269,473	$-117,423
2019	$471,460	$568,725	$336,519	$-97,265
2018	$570,152	$605,007	$431,208	$-34,855

INDEPENDENT INSURANCE AGENTS OF CONNECTI