Totals
- Total revenue
- $386,078
- Total expenses
- $398,080
- Contributions and grants received
- $381,886
- Grants paid
- $14,500
- Program service revenue
- $0
- Investment income
- $4,192
- Other revenue
- $0
- Total assets, end of year
- $611,504
- Total liabilities, end of year
- $118,372
- Net assets or fund balances, end of year
- $493,132
- Program services expenses (Part IX)
- $275,335
- Management and general expenses
- $61,372
- Fundraising expenses
- $61,373
- Program service expenses (Part III)
- $275,335
Program services were 69.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$25,000
-
1f · All other contributions, gifts and grants
$356,886
-
1g · Noncash contributions included above
$820
-
3 · Investment income
total $4,192 · excluded $4,192
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $14,500 · program services $14,500
-
5 · Compensation of officers, directors and key employees
total $161,963 · program services $110,135 · management and general $25,914 · fundraising $25,914
-
7 · Other salaries and wages
total $73,539 · program services $50,007 · management and general $11,766 · fundraising $11,766
-
8 · Pension plan contributions
total $1,311 · program services $891 · management and general $210 · fundraising $210
-
9 · Other employee benefits
total $32,337 · program services $21,989 · management and general $5,174 · fundraising $5,174
-
10 · Payroll taxes
total $15,901 · program services $10,813 · management and general $2,544 · fundraising $2,544
-
11c · Fees: accounting
total $31,695 · program services $21,553 · management and general $5,071 · fundraising $5,071
-
13 · Office expenses
total $8,917 · program services $6,065 · management and general $1,426 · fundraising $1,426
-
14 · Information technology
total $4,754 · program services $3,232 · management and general $761 · fundraising $761
-
17 · Travel
total $42,729 · program services $29,055 · management and general $6,837 · fundraising $6,837
-
19 · Conferences, conventions and meetings
total $7,925 · program services $5,389 · management and general $1,268 · fundraising $1,268
-
24a · Other expenses: TAXES & FEES
total $1,913 · program services $1,301 · management and general $306 · fundraising $306
-
24b · Other expenses: EMPLOYEE RELATED
total $596 · program services $405 · management and general $95 · fundraising $96
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $649,082 · end of year $597,304
-
9 · Prepaid expenses and deferred charges
beginning of year $630 · end of year $14,200
-
17 · Accounts payable and accrued expenses
beginning of year $12,546 · end of year $39,474
-
25 · Other liabilities
beginning of year $132,032 · end of year $78,898
-
27 · Net assets without donor restrictions
beginning of year $491,134 · end of year $479,482
-
28 · Net assets with donor restrictions
beginning of year $14,000 · end of year $13,650
Mission and programs · 2022
Mission
INVEST DEVELOPS A DIVERSE POOL OF INSURANCE PROFESSIONALS AND INFORMED CONSUMERS BY EDUCATING HIGH SCHOOL AND COLLEGE STUDENTS ON CAREERS IN INSURANCE, FINANCIAL SERVICES AND RISK MANAGEMENT AND ENCOURAGES THEM TO PURSUE CAREERS IN THE INDUSTRY.
Activities or mission (Part I)
OUR MISSION IS TO EDUCATE, PREPARE AND ATTRACT DIVERSE NEW TALENT TO THE INSURANCE INDUSTRY.
-
INVEST IS A GRASSROOTS PROGRAM THAT TEAMS HIGH SCHOOL AND COLLEGE EDUCATORS WITH VOLUNTEERS FROM THE INSURANCE INDUSTRY TO PROVIDE INSURANCE INSTRUCTION USING ITS ONLINE AND PRINTED CURRICULUM. THE PROGRAM ENCOURAGES THE PURSUIT OF INSURANCE CAREERS BY EXPOSING STUDENTS TO CAREER PATHWAYS INCLUDING JOB SHADOWING, SCHOLARSHIPS, CAREER COACHING, AND INTERNSHIPS. INVEST HAS SERVED OVER 950 SCHOOLS NATIONWIDE AND CONTINUES TO GROW RAPIDLY ACROSS THE UNITED STATES IN HIGH SCHOOLS AND COMMUNITY COLLEGES. NEARLY 33% OF THE SCHOOLS OFFERING THE INVEST PROGRAM ARE IN MINORITY AND LOW INCOME COMMUNITIES. IN ADDITION, INVEST CONTINUES TO EXPAND ITS PROGRAMMING WITH WORKFORCE DEVELOPMENT GROUPS IN UNDERSERVED COMMUNITIES.
Expenses $275,335 · Grants $14,500
As filed on the 2022 return.
Listed in Part VII
-
Chris GlassCHRIS GLASS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Darcy WaddellDARCY WADDELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
David MarlettDAVID MARLETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Diane WagnerDIANE WAGNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dori KingDORI KING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Doug MohrDOUG MOHR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Glen DavisGLEN DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Hal Soden JrHAL SODEN JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Hassan CharlesHASSAN CHARLES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jay RhoadsJAY RHOADS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jeff OgardJEFF OGARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jill RaffertyJILL RAFFERTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Juan PadronJUAN PADRON
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Juliene RuppJULIENE RUPP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lori ReedLORI REED
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lou MoranLOU MORAN
EXECUTIVE COMMITTEE LIAISON
- Total calculated
- $0
- Hours/week
- 2
-
Luke HortonLUKE HORTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nancy NicklowNANCY NICKLOW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Natalie AliNATALIE ALI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Neil LenaneNEIL LENANE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nicole RieglNICOLE RIEGL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Peter Van AartrijkPETER VAN AARTRIJK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Robert ReddonROBERT REDDON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sue NeprasSUE NEPRAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tamara JohnsonTAMARA JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tammy HessbergerTAMMY HESSBERGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Terri EdwardsTERRI EDWARDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Eugene S CockeEUGENE S COCKE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Whitenee DillardWHITENEE DILLARD
EXECUTIVE DIRECTOR
- Total calculated
- $137,941
- From this org
- $121,284
- From related orgs
- $0
- Other
- $16,657
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441979349302919
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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