JERSEY CITY, NJ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC, founded in 2002, is a mid-sized nonprofit in the Community Improvement sector that reported $48.5M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $42.7M left a modest 12% surplus.
THE GLOBAL ASSOCIATION OF RISK PROFESSIONALS (GARP) IS A NOT-FOR-PROFIT ORGANIZATION AND THE ONLY GLOBALLY RECOGNIZED MEMBERSHIP ASSOCIATION FOR RISK MANAGERS. GARP'S GOAL IS TO HELP CREATE A CULTURE OF RISK AWARENESS WITHIN ORGANIZATIONS, FROM ENTRY LEVEL TO BOARD LEVEL. IN THE AREA OF FINANCIAL RISK MANAGEMENT, GARP SETS THE GLOBAL STANDARD IN PROFESSIONAL DESIGNATION WITH THE FRM (FINANCIAL RISK MANAGER) CERTIFICATION AND SCR (SUSTAINABILITY AND CLIMATE) CERTIFICATE. THROUGH OUR EDUCATIONAL PROGRAMS, SPECIALIZED CONTENT, IN-PERSON OR ONLINE EVENTS, AND CHAPTER PROGRAM, GARP PROMOTES BEST PRACTICES IN RISK MANAGEMENT AND SUPPORTS ONGOING PROFESSIONAL AND CAREER DEVELOPMENT FOR RISK MANAGERS.
PROFESSIONAL CERTIFICATION & EDUCATIONAL PROGRAMS CERTIFICATION: GARP SETS THE GLOBAL STANDARD IN PROFESSIONAL CERTIFICATION WITH THE FRM (FINANCIAL RISK MANAGER) CERTIFICATION AND THE SCR...
PROFESSIONAL CERTIFICATION & EDUCATIONAL PROGRAMS CERTIFICATION: GARP SETS THE GLOBAL STANDARD IN PROFESSIONAL CERTIFICATION WITH THE FRM (FINANCIAL RISK MANAGER) CERTIFICATION AND THE SCR (SUSTAINABILITY AND CLIMATE RISK) CERTIFICATE. IT OFFERS THESE EXAMS ANNUALLY. THESE PROGRAMS ARE RIGOROUS AND VERY WELL RESPECTED ACROSS THE GLOBE. BY DEMONSTRATING EXPERTISE AND COMMITMENT TO BETTER RISK MANAGEMENT PRACTICES, CERTIFIED FRMS AND SCR HOLDERS STAND APART IN THEIR RESPECTIVE ORGANIZATIONS. EDUCATION AND AWARENESS: EVERYONE HAS AN IMPORTANT ROLE TO PLAY IN SUPPORTING A ROBUST RISK CULTURE. WHETHER IT IS EDUCATING AN ENTERPRISE, OR EDUCATING FINANCIAL PROFESSIONALS ACROSS AN ENTIRE COUNTRY, GARP PARTNERS WITH FIRMS AND CENTRAL BANKS TO DELIVER FOUNDATIONAL AND ADVANCED RISK AWARENESS PROGRAMS. THROUGH THESE PROGRAMS WE HAVE ENABLED TENS OF THOUSANDS OF FINANCE PROFESSIONALS GLOBALLY TO PROMOTE A RISK-AWARE CULTURE.
BENCHMARKING INITIATIVE AND RISK INTELLIGENCE GARP BENCHMARKING INITIATIVE (GBI): IN THIS TIME OF INCREASING ECONOMIC GLOBALIZATION AND MARKET INTERCONNECTEDNESS, THE CAUSES OF AND APPROACHES TO...
BENCHMARKING INITIATIVE AND RISK INTELLIGENCE GARP BENCHMARKING INITIATIVE (GBI): IN THIS TIME OF INCREASING ECONOMIC GLOBALIZATION AND MARKET INTERCONNECTEDNESS, THE CAUSES OF AND APPROACHES TO DEALING WITH GLOBAL SYSTEMIC RISK ISSUES ARE OF IMMENSE IMPORTANCE. BANKS AS WELL AS THEIR REGULATORS ARE IN NEED OF WAYS TO APPROPRIATELY DEVELOP, IMPLEMENT AND ANALYZE STUDIES TO TEST AND BENCHMARK BANK RISK SYSTEMS AND APPROACHES. GBI IS PLAYING A MAJOR AND GLOBALLY UNIQUE ROLE IN ANALYZING THE PROCESSES RELATED TO HYPOTHETICAL PORTFOLIO EXERCISES, QUANTITATIVE IMPACT STUDIES, AND OTHER MUCH NEEDED BENCHMARKING ACTIVITIES.RISK INTELLIGENCE: KEEPING UP WITH THE EVER-EVOLVING RISK LANDSCAPE IS CHALLENGING, BUT ESSENTIAL FOR RISK PROFESSIONALS AND THE INDUSTRY TO COLLECTIVELY SAFEGUARD THE WORLD'S FINANCIAL MARKETS. GARP DELIVERS CRITICAL RISK INTELLIGENCE: INDUSTRY SURVEYS, SPECIAL REPORTS, NEWS, ANALYSIS, WHITEPAPERS, WEBINARS AND MORE, TO ENSURE THAT THE COMMUNITY HAS THE VERY LATEST INTELLIGENCE TO DRIVE INFORMED DECISION MAKING.
ANNUAL CONFERENCE: THE ORGANIZATION OFFERS AN ANNUAL CONFERENCE IN ADDITION TO OCCASIONAL SEMINARS AND OTHER EVENT PROGRAMS, OFFERS DISCOUNTS ON GARP AND OTHER THIRD-PARTY PUBLICATIONS, A MEMBERSHIP...
ANNUAL CONFERENCE: THE ORGANIZATION OFFERS AN ANNUAL CONFERENCE IN ADDITION TO OCCASIONAL SEMINARS AND OTHER EVENT PROGRAMS, OFFERS DISCOUNTS ON GARP AND OTHER THIRD-PARTY PUBLICATIONS, A MEMBERSHIP PROGRAM, AND OFFERS ACCESS TO A CAREER CENTER TO POST RESUMES AND SEARCH FOR JOB OPPORTUNITIES.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $48,472,078 | $42,600,268 | +0.1% |
| Expenses | $42,687,451 | $42,512,198 | +0.0% |
| Net Income | $5,784,627 | $88,070 | +64.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RICHARD APOSTOLIK | PRESIDENT & CEO | 45.00 |
Officer
Director
|
$1,839,533 | $1,042,429 | $2,881,962 |
| BRADFORD HU | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BEN GOLUB | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW GRAY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEOFFREY GREENER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STUART LEWIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JACQUES LONGERSTAEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| VICTOR NG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LEWIS O'DONALD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALESSA QUANE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK RONCEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN SMITH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PETER TUFANO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PRISCELLA CERVANTES | CFO/CAO | 38.00 |
Officer
|
$767,208 | $364,536 | $1,131,744 |
| CHRISTOPHER J DONOHUE | MANAGING DIRECTOR | 50.00 |
Key Emp
|
$1,036,381 | $662,235 | $1,698,616 |
| JEFFREY MAH | CIO | 40.00 |
Key Emp
|
$446,073 | $68,996 | $515,069 |
| LILY PAN | MANAGING DIRECTOR | 40.00 |
Key Emp
|
$306,845 | $44,822 | $351,667 |
| JOANNA PAISLEY | CO PRESIDENT GRI | 40.00 |
Highest
|
$714,958 | $0 | $714,958 |
| WILLIAM HENRY MAY | SVP, GLOBAL HEAD OF RESEARCH | 40.00 |
Highest
|
$611,112 | $64,988 | $676,100 |
| RACHEL LERNER | GENERAL COUNSEL | 40.00 |
Highest
|
$722,092 | $264,749 | $986,841 |
| MICHAEL WILLIAM SELL | HEAD OF BUSINESS DEVELOPMENT | 40.00 |
Highest
|
$473,843 | $60,274 | $534,117 |
| JULIAN HUNGCHUN CHEN | SVP, CERTIFICATION AND EDU | 1.00 |
Highest
|
$400,809 | $68,248 | $469,057 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $48,472,078 | $42,687,451 | $65,472,728 | $5,784,627 |
| 2022 | $42,600,268 | $42,512,198 | $64,361,453 | $88,070 |
| 2021 | $55,059,565 | $47,563,062 | $66,882,119 | $7,496,503 |
| 2020 | $33,280,732 | $45,832,924 | $60,089,090 | $-12,552,192 |
| 2019 | $47,239,756 | $41,500,173 | $60,128,014 | $5,739,583 |
| 2018 | $42,641,858 | $34,734,678 | $47,208,045 | $7,907,180 |
Compare GLOBAL ASSOCIATION OF RISK PROFESSIONALS INC with other nonprofits in New Jersey and across the country.