MRA INSTITUTE OF MANAGEMENT INC

EIN: 391472622 501(c)(3)

WAUKESHA, WI

Total Revenue
$8,417,974
Total Expenses
$7,773,125
Total Assets
$11,122,938
Net Assets
$8,339,250
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
WI
Principal Officer
SUSAN FRONK THIEL
Phone
2625239090
Tax Period
2023-01-01 to 2023-12-31

MRA INSTITUTE OF MANAGEMENT INC, founded in 1983, is a community nonprofit that reported $8.4M in total revenue in fiscal year 2023. Expenses of $7.8M left a modest 8% surplus.

Mission

TO EDUCATE EMPLOYEES AND THE PUBLIC THROUGH SEMINARS, INSTITUTES, MEETINGS, RESEARCH, COMMUNICATION AND OTHER MEANS IN ALL AREAS AND MATTERS RELATING TO OR AFFECTING (A) EMPLOYER/EMPLOYEE RELATIONS; (B) LEGISLATION, RULES, DIRECTIVES AND ORDERS OF ADMINISTRATIVE AGENCIES, AGENCY, AND JUDICIAL DECISIONS AFFECTING BUSINESS AND EMPLOYER-EMPLOYEE RELATIONS; (C) THE WAGES, HOURS AND WORKING CONDITIONS OF EMPLOYEES; (D) COMMUNITY AND BUSINESS DEVELOPMENT; AND (E) RELATIONS BETWEEN BUSINESS AND THE COMMUNITY AND BETWEEN BUSINESS AND GOVERNMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $415
Program Service Revenue $7,725,154
Investment Income $4,914
Other Revenue $687,491
TOTAL REVENUE $8,417,974

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,802,294
Other Expenses $7,773,125
TOTAL EXPENSES $7,773,125

Year-over-Year Comparison

2023 2022 Change
Revenue $8,417,974 $7,878,708 +0.1%
Expenses $7,773,125 $6,303,727 +0.2%
Net Income $644,849 $1,574,981 -0.6%
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

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
2

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
4
$671,257
Total Directors
4
$671,257
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA MANIVASAGER VICE PRESIDENT (BEGIN 5/23) 1.00
Officer Director
$0 $0 $0
SUSAN FRONK THIEL PRESIDENT AND TREASURER 15.00
Officer Director
$0 $38,422 $506,346
KATIE WALKER SECRETARY 38.00
Officer Director
$0 $7,933 $164,911
DAVE ROLSTON VICE PRESIDENT (THRU 4/23) 1.00
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
2024 No data No data No data No data
2023 $8,417,974 $7,773,125 $11,122,938 $644,849
2022 $7,878,708 $6,303,727 $12,466,280 $1,574,981
2021 $5,687,346 $5,348,549 $11,508,138 $338,797
2020 $4,001,364 $6,011,976 $8,982,568 $-2,010,612
2019 $7,709,109 $7,301,033 $8,475,032 $408,076
2018 $7,483,491 $7,343,357 $7,952,557 $140,134
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