Risk & Insurance Management Society Inc Chicago Chapter (EIN 366109306) - 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

1955

Legal Domicile

Principal Officer

Seung Yoo

Phone

2672316088

Tax Period

2024-01-01 to 2024-12-31

Risk & Insurance Management Society Inc Chicago Chapter, founded in 1955, is a small nonprofit that reported $306K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $52K, a strong 17% operating margin.

Mission

Leading association for risk management professionals.

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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 (2024)

Revenue Breakdown

Contributions & Grants $230,285

Program Service Revenue $72,775

Investment Income $0

Other Revenue $3,080

TOTAL REVENUE $306,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $253,727

TOTAL EXPENSES $253,727

Year-over-Year Comparison

	2024	2023	Change
Revenue	$306,140	$348,498	-0.1%
Expenses	$253,727	$288,800	-0.1%
Net Income	$52,413	$59,698	-0.1%

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
Carnell Jones	President	2.00	Officer Director	$0	$0	$0
Katie Rabs	Vice President	2.00	Officer Director	$0	$0	$0
Seung Yoo	Treasurer	1.00	Officer Director	$0	$0	$0
Gail Bartholomew	Secretary	2.00	Officer Director	$0	$0	$0
Kelly Croll	Director	1.00	Director	$0	$0	$0
Jennifer Pack	Director	1.00	Director	$0	$0	$0
Andy Adams	Director	1.00	Director	$0	$0	$0
Robert Benvenuto	Director	1.00	Director	$0	$0	$0
Ryan Fee	Director	1.00	Director	$0	$0	$0
Dino Stiris	Director	1.00	Director	$0	$0	$0
Frank Griggs	Director	1.00	Director	$0	$0	$0
Steve Adamjee	Director	1.00	Director	$0	$0	$0
Jack WIlliamson	Director	1.00	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
2024	$306,140	$253,727	$435,855	$52,413
2023	$348,498	$288,800	$383,442	$59,698
2022	$327,273	$265,109	$332,528	$62,164
2021	$225,580	$174,953	$270,364	$50,627
2020	$119,237	$82,984	$219,737	$36,253
2019	$335,180	$321,699	$165,999	$13,481
2018	$316,912	$328,490	$156,398	$-11,578

Risk & Insurance Management Society Inc Chicago Chapter