PUBLIC MANAGEMENT RESEARCH ASSOC

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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

2002

Legal Domicile

Principal Officer

LAEL KEISER

Phone

7857606340

Tax Period

2025-01-01 to 2025-12-31

PUBLIC MANAGEMENT RESEARCH ASSOC, founded in 2002, is a small nonprofit in the Human Services sector that reported $131K in total revenue in fiscal year 2025. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $120K left a modest 8% surplus.

Mission

THE PUBLIC MANAGEMENT RESEARCH ASSOCIATION (PMRA) IS A NONPROFIT ACADEMIC MEMBERSHIP ASSOCIATION THAT FURTHERS RESEARCH ON PUBLIC ORGANIZATIONS BY ORGANIZING AND SPONSORING AN ANNUAL PUBLIC MANAGEMENT RESEARCH CONFERENCE AS WELL AS OTHER CONFERENCES, SYMPOSIA, AND WEBINARS; AND PUBLISHES TWO JOURNALS - THE JOURNAL OF PUBLIC ADMINISTRATION RESEARCH AND THEORY (JPART), AND PERSPECTIVES ON PUBLIC MANAGEMENT AND GOVERNANCE (PPMG).

Program Service Accomplishments

Program 1

Expenses: $120,428 Revenue: $66,157

PMRA, JPART, AND PPMG EMPHASIZE LINKS BETWEEN THE STUDY OF PUBLIC INSTITUTIONS, THEIR MANAGEMENT, AND PUBLIC POLICY. ANOTHER GOAL OF PMRA, JPART, AND PPMG IS TO FOSTER MULTIDISCIPLINARY RESEARCH ON GOVERNMENT AND GOVERNANCE. THE ORGANIZATION SUPPORTS THE DEVELOPMENT OF EMPIRICAL AND NORMATIVE INQUIRY, THEORY BUILDING, AND SYSTEMATIC TESTING OF THEORY CONSISTENT WITH THE CANONS OF SOCIAL SCIENCE USING THE FULL RANGE OF QUANTITATIVE AND QUALITATIVE METHODOLOGIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $64,505

Program Service Revenue $66,157

Investment Income $0

Other Revenue $0

TOTAL REVENUE $130,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $120,428

Other Expenses $120,428

TOTAL EXPENSES $120,428

Year-over-Year Comparison

	2025	2024	Change
Revenue	$130,662	$187,285	-0.3%
Expenses	$120,428	$96,904	+0.2%
Net Income	$10,234	$90,381	-0.9%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT CHRISTENSEN	PAST-PRESIDE	2.00	Officer Director	$0	$0	$0
LAEL KEISER	PRESIDENT	2.00	Officer Director	$0	$0	$0
TINA NABATCHI	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
KHALDOUN ABOUASSI	TREASURER	2.00	Officer Director	$0	$0	$0
ZACH MOHR	SECRETARIAT	2.00	Officer Director	$0	$0	$0
AMANDA RUTHERFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
ASMUS LETH OLSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE KRAUSE	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON COUPET	BOARD MEMBER	1.00	Director	$0	$0	$0
JANINE O'FLYNN	BOARD MEMBER	1.00	Director	$0	$0	$0
LARS TUMMERS	BOARD MEMBER	1.00	Director	$0	$0	$0
NATHAN FAVERO	BOARD MEMBER	1.00	Director	$0	$0	$0
SEBASTIAN JILKE	BOARD MEMBER	1.00	Director	$0	$0	$0
SEBAWIT BISHU	BOARD MEMBER	1.00	Director	$0	$0	$0
SHARON GILAD	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM RESH	BOARD MEMBER	1.00	Director	$0	$0	$0
LEISHA DEHART- DAVIS	EX OFFICIO M	1.00	Director	$0	$0	$0
OLE HELBY PETERSEN	EX OFFICIO M	1.00	Director	$0	$0	$0
KIM SASS MIKKELSEN	EX OFFICIO M	1.00	Director	$0	$0	$0
KIM ISETT	EX OFFICIO M	1.00	Director	$0	$0	$0
JESSICA SOWA	EX OFFICIO M	1.00	Director	$0	$0	$0
KELLYE MAZZOLI	ASSOCIATION	2.00	Officer Director	$0	$0	$0

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
2025	$130,662	$120,428	$1,870,993	$10,234
2024	$187,285	$96,904	$1,676,478	$90,381
2023	$159,318	$63,046	$1,455,943	$96,272
2022	$160,575	$57,170	$1,204,432	$103,405
2021	$224,751	$24,976	$1,244,332	$199,775
2020	$122,637	$24,730	$1,006,166	$97,907
2019	$128,922	$63,596	$739,172	$65,326
2018	$133,718	$15,926	$630,884	$117,792