MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AMERICAN RISK & INSURANCE ASSOC INC, founded in 1932, is a small nonprofit in the Mutual Benefit sector that reported $523K in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $607K exceeded revenue, resulting in a 16% operating deficit.
ARIA IS A SCHOLARLY ASSOCIATION DEVOTED TO THE STUDY OF AND PROMOTION OF RISK AND INSURANCE ECONOMICS. OUR MEMBERSHIP IS COMPRISED OF ACADEMICS, SCHOLARS, PROFESSIONALS AND INDUSTRY VETERANS. TOGETHER, THROUGH CONFERENCES, PUBLICATIONS, AND RECOGNITION, WE ARE A COMMUNITY COMMITTED TO PROVIDE FOR THE MUTUAL ASSOCIATION OF PERSONS WITH AN INTEREST TO STUDY IN RISK AND INSURANCE, TO IMPROVE THE PUBLIC'S UNDERSTANDING OF HOW RISK CAN BE MORE EFFECTIVELY MANAGED, AND TO SUPPORT THE ADOPTION OF NEW FINDINGS BY THE RISK MANAGEMENT PROFESSION. ARIA IS DEDICATED TO THE EXPANSION AND IMPROVEMENT OF ACADEMIC INSTRUCTION TO STUDENTS OF RISK MANAGEMENT AND INSURANCE, PROVIDING NETWORKING, INFORMATION AND SUPPORT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $522,972 | $456,068 | +0.1% |
| Expenses | $607,130 | $560,897 | +0.1% |
| Net Income | $-84,158 | $-104,829 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LAWRENCE POWELL | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID ECKLES | PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CASSANDRA COLE | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ANNETTE HOFMANN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ANDRE LIEBENBERG | SECOND VP/PROGRAM | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PETRA STEINORTH | FIRST VP/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEX BRAUN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| STEVE FIER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| FRANK TOMASELLO | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| BENJAMIN COLLIER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| XIAO JOYCE LIN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| KRISTEN BESSETTE | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| MACKENZIE KELLEY | EXECUTIVE DIRECTOR | 10.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $522,972 | $607,130 | $814,741 | $-84,158 |
| 2024 | $456,068 | $560,897 | $838,631 | $-104,829 |
| 2023 | $440,816 | $546,857 | $894,857 | $-106,041 |
| 2022 | $432,951 | $468,138 | $985,477 | $-35,187 |
| 2021 | $313,453 | $214,332 | $1,120,789 | $99,121 |
| 2020 | $540,847 | $421,738 | $966,549 | $119,109 |
| 2019 | $632,061 | $648,368 | $837,552 | $-16,307 |
| 2018 | $655,919 | $780,608 | $793,415 | $-124,689 |
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