INDEPENDENT INSURANCE AGENTS OF NORTH CAROLINA INC
Pub 78

INDEPENDENT INSURANCE AGENTS OF NORTH CAROLINA INC
Pub 78

CARY, NC, US
501(c)(6)
EIN
56-0340370

INDEPENDENT INSURANCE AGENTS OF NORTH CAROLINA INC
Pub 78

CARY, NC, US
501(c)(6)
EIN
56-0340370

Balance Sheet

Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)

$13,679,530

Other Assets
38%
Investments
35%
Property, Plant, & Equipment (net)
13%
Cash & Equivalents
12%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$1,046,365

Deferred Revenue
72%
Payables & Accruals
28%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,120,026
$1,599,667
-25%
Receivables (Non-Related)
$126,733
$230,910
+82%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$86,166
$91,335
+6%
Investments
$3,961,708
$4,770,574
+20%
Property, Plant, & Equipment (net)
$1,653,511
$1,802,965
+9%
Other Assets
$4,328,457
$5,184,079
+20%
Total Assets
$12,276,601
$13,679,530
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$553,667
$294,037
-47%
Grants Payable
-
-
-
Deferred Revenue
$860,527
$752,328
-13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,414,194
$1,046,365
-26%
Net assets
2023
2024
Change
Restricted Net Assets
$714,500
$860,000
+20%
Unrestricted Net Assets
$10,147,907
$11,773,165
+16%
Net assets
2023
2024
Change
Net assets
+$10,862,407
+$12,633,165
+16%
Balance Sheet
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