RISK AND INSURANCE MANAGEMENT SOCIETY INC (EIN 131860397) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Phone

2122869292

Tax Period

2023-01-01 to 2023-12-31

RISK AND INSURANCE MANAGEMENT SOCIETY INC, founded in 1978, is a mid-sized nonprofit that reported $18.6M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

TO EDUCATE, ENGAGE AND ADVOCATE FOR THE GLOBAL RISK COMMUNITY.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $17,665,956

Investment Income $294,719

Other Revenue $603,669

TOTAL REVENUE $18,564,344

Expense Breakdown

Grants Paid $254,502

Salaries & Benefits $8,264,638

Fundraising Expenses $0

Program Expenses $0

Other Expenses $10,491,235

TOTAL EXPENSES $19,010,375

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,564,344	$15,141,629	+0.2%
Expenses	$19,010,375	$16,811,932	+0.1%
Net Income	$-446,031	$-1,670,303	-0.7%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

145

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

$815,188

Total Directors

Key Employees

$1,243,725

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	VICE PRESIDENT	5.0	Officer Director	$0	$0	$0
N/A	PRESIDENT	5.0	Officer Director	$0	$0	$0
N/A	SECRETARY	5.0	Officer Director	$0	$0	$0
N/A	TREASURER	5.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	Director	3.0	Director	$0	$0	$0
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	CHIEF EXECUTIVE OFFICER	34.8	Officer	$508,394	$76,312	$584,706
N/A	CHIEF FINANCIAL OFFICER	34.8	Officer	$217,126	$13,356	$230,482
N/A	CHIEF OPERATING OFFICER	34.8	Key Emp	$237,853	$42,653	$280,506
N/A	CHIEF MEMBER EXPERIENCE OFFICER	35.0	Key Emp	$171,245	$20,190	$191,435
N/A	GENERAL COUNSEL	34.8	Key Emp	$238,377	$29,185	$267,562
N/A	CHIEF TECHNOLOGY OFFICER	35.0	Key Emp	$216,851	$53,626	$270,477
N/A	CHIEF SALES & EVENTS OFFICER	35.0	Key Emp	$205,341	$28,404	$233,745
N/A	VP-PROFESSIONAL DEVELOPMENT	35.0	Highest	$179,372	$10,351	$189,723
N/A	DIRECTOR OF SALES	35.0	Highest	$156,904	$48,022	$204,926
N/A	LEAD NET DEVELOPER	35.0	Highest	$144,427	$21,722	$166,149
N/A	DIRECTOR OF MARKETING	35.0	Highest	$160,900	$8,928	$169,828
N/A	SYSTEMS ENGINEER MANAGER	35.0	Highest	$135,298	$33,401	$168,699

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
2024	No data	No data	No data	No data
2023	$18,564,344	$19,010,375	$21,948,496	$-446,031
2023	$18,564,344	$19,010,375	$21,948,496	$-446,031
2022	$15,141,629	$16,811,932	$20,248,710	$-1,670,303
2021	$12,268,578	$13,297,467	$15,569,864	$-1,028,889
2020	$13,849,943	$13,462,192	$16,803,263	$387,751
2019	$16,802,601	$19,277,162	$17,165,187	$-2,474,561
2018	$15,800,469	$16,879,941	$18,005,361	$-1,079,472

RISK AND INSURANCE MANAGEMENT SOCIETY INC