PROFESSIONAL INSURANCE AGENTS OF I… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

LIBBY GARDNER

Phone

3178999200

Tax Period

2025-01-01 to 2025-12-31

PROFESSIONAL INSURANCE AGENTS OF INDIANA INC, founded in 1974, is a small nonprofit that reported $385K in total revenue in fiscal year 2025.

Mission

TO PROVIDE RESOURCES AND EDUCATION OPPORTUNITIES FOR PROFESSIONAL INSURANCE AGENTS.

Program Service Accomplishments

Program 1

PROVIDE MEMBERS WITH EDUCATIONAL PROGRAMS, CERTAIN INSURANCE BENEFITS, AND INDUSTRY INFORMATION THROUGH CONVENTIONS AND PUBLICATIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $381,653

Investment Income $3,077

Other Revenue $0

TOTAL REVENUE $384,730

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,245

Fundraising Expenses $0

Other Expenses $256,419

TOTAL EXPENSES $373,664

Year-over-Year Comparison

	2025	2024	Change
Revenue	$384,730	$397,329	0.0%
Expenses	$373,664	$365,527	+0.0%
Net Income	$11,066	$31,802	-0.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$103,322

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIBBY GARDNER	EXEC. VICE P	40.00	Officer	$50,301	$6,589	$103,322
DEAN BALLENGER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS VENTERS CPIA	DIRECTOR	1.00	Director	$0	$0	$0
JOEL DUNHAM CPIA	DIRECTOR	1.00	Director	$0	$0	$0
MARK DULING CPIA	DIRECTOR	1.00	Director	$0	$0	$0
JACOB GUTWEIN	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS MCCOLLUM	DIRECTOR	1.00	Director	$0	$0	$0
BILLE ROMINE	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY P ALLEN	IMMED PAST P	2.00	Officer	$0	$0	$0
THOMAS HAGUE CIC	NATIONAL DIR	3.00	Officer	$0	$0	$0
RALPH WIZE CPIA	PRESIDENT	4.00	Officer	$0	$0	$0
WALTER COOK III	ASSISTANT TR	3.00	Officer	$0	$0	$0
DONOVAN REIMER	VICE PRESIDE	2.00	Officer	$0	$0	$0
MARK SHOULTZ	TREASURER	3.00	Officer	$0	$0	$0
ANDREW SKAGGS	PRESIDENT EL	2.00	Officer	$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	$384,730	$373,664	$719,216	$11,066
2024	$397,329	$365,527	$690,888	$31,802
2023	$402,979	$451,182	$551,173	$-48,203
2022	$366,416	$417,856	$629,758	$-51,440
2021	$324,165	$306,732	$671,668	$17,433
2020	$327,642	$290,265	$586,241	$37,377
2019	$409,579	$414,194	$514,147	$-4,615
2018	$393,161	$406,176	$480,178	$-13,015

PROFESSIONAL INSURANCE AGENTS OF INDIANA INC