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.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $37K a year · 10% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
13 mo
of spending, in cash
Looks good: 12.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$154K
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$333K
Spent
$453K
To programs
70%
Net assets
$325K
By yearFY2020–FY2025
Revenue
$333K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$333K
FY2021$522K
FY2022$389K
FY2023$386K
FY2024$361K
FY2025$312K
Expenses
$453K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$453K
FY2021$385K
FY2022$346K
FY2023$398K
FY2024$492K
FY2025$448K
Net assets
$325K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$325K
FY2021$462K
FY2022$505K
FY2023$493K
FY2024$362K
FY2025$226K

From the FY2020 Form 990 (year ending August 2020) · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $320K Management & general 11% · $48K Fundraising 19% · $86K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

30 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Executive Committee Liaiso
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Whitnee Dillard’s $144K as Executive Director is at the 81st percentile of top reported officer pay among 157 $100K–1M social science nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023
Whitnee Dillard$143,614——
Whitenee Dillard—$128,068$121,284
Eugene S Cocke$15,186——
Kasey Connors$3,771——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Project Invest executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates, prepares, and attracts diverse new talent to the insurance industry.

Questions for Project Invest

Tap to ask. Project Invest sees how many people are interested.

Your first name shows with your question. Project Invest answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $320K · in their own filed words · FY2019
01

Invest is a grassroots program that teams high school and college educators with representatives from the insurance industry to provide insurance instruction and career opportunities to students.

$320Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$22K
Grants paid · 5 grants · $95K · 2020–2024
Unitemized GrantFY2024$16,669
Unitemized GrantFY2023$22,500
Unitemized GrantFY2022$14,500
Unitemized GrantFY2021$9,000
Unitemized GrantFY2020$32,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$333K
Ln 12
Gifts and grantsLn 1h$330K
Investment incomeLn 3$3K
Other incomeLn 4–11$10
Money outPt IX
$453K
Ln 25
Programscol B$320K
Managementcol C$48K
Fundraisingcol D$86K
Owns and owesPt X
$325K
net assets · Ln 32
Cash and savingsLn 1–2$479K
Total assetsLn 16$479K
LiabilitiesLn 26$154K
PeoplePt VI, VII
30
listed · VII A
PaidVII A0
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$330K
Investment incomeLn 3$3K
Other incomeLn 4–11$10
Total revenueLn 12$333K
Assets in detailPt X, end of year
SavingsLn 2$479K
Cash and savings togetherLn 1–2$479K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$479K
LiabilitiesLn 26$154K
Net assetsLn 32$325K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6300
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$474K$479K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$474K$479K
LiabilitiesLn 26$29K$154K
Net assetsLn 32$445K$325K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2K$2K
Other salaries and wagesLn 7$271K$191K$29K$51K
Pension plan contributionsLn 8$22K$16K$2K$4K
Other employee benefitsLn 9$39K$28K$4K$7K
Payroll taxesLn 10$20K$14K$2K$4K
Legal feesLn 11b$1K$791$119$212
Accounting feesLn 11c$7K$5K$753$1K
Other fees for servicesLn 11g$2K$2K$264$472
Office expensesLn 13$1K$888$133$238
Information technologyLn 14$14K$10K$1K$3K
TravelLn 17$47K$33K$5K$9K
Conferences, conventions and meetingsLn 19$2K$1K$196$349
Other expenses (24a–d)Ln 24$23K$16K$3K$5K
Total functional expensesLn 25$453K$320K$48K$86K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $312K$448K−$136K$226K 990 PDF
FY2024 $361K$492K−$131K$362K 990 PDF
FY2023 $386K$398K−$12K$493K 990 PDF
FY2022 $389K$346K$43K$505K 990 PDF
FY2021 $522K$385K$137K$462K 990 PDF
FY2020 Viewing $333K$453K−$120K$325K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $333,349 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $438,031$330,444
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,750$2,895
I-11 Other revenuePrior year $760$10
I-12 Total revenuePrior year $440,541$333,349
I-13 Grants and similar amounts paidPrior year $53,250$2,363
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $352,164$352,823
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $117,390$98,072
I-18 Total expensesPrior year $522,804$453,258
I-19 Revenue less expensesPrior year −$82,263−$119,909
Part VI · Governance 25 of 25 board members independent, 1 to look at
VI-1a Voting members of the governing body25
VI-1b Independent voting members25
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $333,349 across 6 lines filed
VIII-1d Related organizations$25,000
VIII-1f All other contributions, gifts and grants$305,444
VIII-1h Total contributions, gifts and grants$330,444
VIII-3 Investment incomeExcluded from tax $2,895$2,895
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $10$10
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,905$333,349
Part IX · Statement of functional expenses $453,258 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $2,363$2,363
IX-7 Other salaries and wagesPrograms $191,068 · Management $28,728 · Fundraising $51,222$271,018
IX-8 Pension plan contributionsPrograms $15,660 · Management $2,355 · Fundraising $4,198$22,213
IX-9 Other employee benefitsPrograms $27,635 · Management $4,155 · Fundraising $7,409$39,199
IX-10 Payroll taxesPrograms $14,377 · Management $2,162 · Fundraising $3,854$20,393
IX-11b Legal feesPrograms $791 · Management $119 · Fundraising $212$1,122
IX-11c Accounting feesPrograms $5,006 · Management $753 · Fundraising $1,342$7,101
IX-11g Other fees for servicesPrograms $1,759 · Management $264 · Fundraising $472$2,495
IX-13 Office expensesPrograms $888 · Management $133 · Fundraising $238$1,259
IX-14 Information technologyPrograms $9,778 · Management $1,470 · Fundraising $2,621$13,869
IX-17 TravelPrograms $33,171 · Management $4,987 · Fundraising $8,893$47,051
IX-19 Conferences, conventions and meetingsPrograms $1,301 · Management $196 · Fundraising $349$1,846
IX-24 Other expenses (24a–d)Programs $15,749 · Management $2,723 · Fundraising $4,857$23,329
IX-25 Total functional expensesPrograms $319,546 · Management $48,045 · Fundraising $85,667$453,258
Part X · Balance sheet $479,027 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $474,322$479,027
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $474,322$479,027
X-17 Accounts payable and accrued expensesStart of year $15,400$71,052
X-24 Unsecured notes and loans payable$55,760
X-25 Other liabilitiesStart of year $13,722$26,924
X-26 Total liabilitiesStart of year $29,122$153,736
X-27 Net assets without donor restrictionsStart of year $421,607$297,192
X-28 Net assets with donor restrictionsStart of year $23,593$28,099
X-32 Total net assets or fund balancesStart of year $445,200$325,291
X-33 Total liabilities and net assetsStart of year $474,322$479,027
Part XI · Reconciliation of net assets $325,291 net assets at year end
XI-1 Total revenue$333,349
XI-2 Total expenses$453,258
XI-3 Revenue less expenses−$119,909
XI-4 Net assets at start of year$445,200
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$325,291

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.