NATIONAL ASSOCIATION OF INDEPENDENT LIFE BROKERAGE AGENCIES (EIN 363209661) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

DANIEL LABERT

Phone

7033833081

Tax Period

2022-01-01 to 2022-12-31

National Association of Independent Life Brokerage, founded in 1982, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2017. Revenue decreased 9% compared to the prior year. Expenses of $2.8M exceeded revenue, resulting in a 19% operating deficit.

Mission

SERVE THE INTERESTS OF VALUE-ADDED, INDEPENDENTLY-OWNED LIFE BROKERAGE AGENCIES. NAILBA IS THE PREMIER INSURANCE INDUSTRY ORGANIZATION PROMOTING FINANCIAL SECURITY AND CONSUMER CHOICE THROUGH THE USE OF INDEPENDENT BROKERAGE DISTRIBUTION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $123,945

Program Service Revenue $730,219

Investment Income $42

Other Revenue $0

TOTAL REVENUE $854,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $639,160

Fundraising Expenses $0

Other Expenses $440,090

TOTAL EXPENSES $1,079,250

Year-over-Year Comparison

	2022	2021	Change
Revenue	$854,206	$2,560,358	-0.7%
Expenses	$1,079,250	$2,504,041	-0.6%
Net Income	$-225,044	$56,317	-5.0%

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

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

$383,893

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN GILBERT	CHAIR	2.00	Officer Director	$0	$0	$0
VICTORIA VAN DUSEN-ROOS	CHAIR-ELECT	2.00	Officer Director	$0	$0	$0
DEBBIE V HANNAM	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMES WONG	TREASURER	2.00	Officer Director	$0	$0	$0
JASON LEA	IMMEDIATE PAST CHAIR	2.00	Officer Director	$0	$0	$0
JIM DUFF	DIRECTOR	2.00	Director	$0	$0	$0
JASON GROVER	DIRECTOR	2.00	Director	$0	$0	$0
LUKE RAMSEY	DIRECTOR	2.00	Director	$0	$0	$0
MALCOLM SKLAR	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL LABERT	CHIEF EXECUTIVE OFFICER	25.00	Officer	$267,445	$15,653	$383,893

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
2022	$854,206	$1,079,250	No data	$-225,044
2021	$2,560,358	$2,504,041	$1,658,725	$56,317
2020	$1,696,992	$1,636,563	$1,534,183	$60,429
2019	$1,930,324	$2,681,574	$2,026,365	$-751,250
2018	$2,318,927	$2,764,507	$2,322,700	$-445,580

NATIONAL ASSOCIATION OF INDEPENDENT LIFE BROKERAGE AGENCIES