PRIVATE RISK MANAGEMENT ASSOCIATION (EIN 462430573) - 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

Principal Officer

DIANE DELANEY

Phone

8475177225

Tax Period

2024-01-01 to 2024-12-31

PRIVATE RISK MANAGEMENT ASSOCIATION is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $308K, a strong 15% operating margin.

Mission

THE MISSION OF PRMA IS TO IMPROVE ADVICE, COVERAGE AND SERVICE PROVIDED TO THE HIGH NET WORTH INSURANCE CONSUMER THROUGH EDUCATION AND INCREASED AWARENESS.

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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 $0

Program Service Revenue $2,019,816

Investment Income $22,278

Other Revenue $0

TOTAL REVENUE $2,042,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $610,750

Fundraising Expenses $0

Program Expenses $1,151,459

Other Expenses $1,122,930

TOTAL EXPENSES $1,733,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,042,094	$1,610,868	+0.3%
Expenses	$1,733,680	$1,424,157	+0.2%
Net Income	$308,414	$186,711	+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

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

$216,650

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE DELANEY	Executive Dir.	40.00	Officer	$208,317	$8,333	$216,650
BRYANT KOLLE	Chairman	1.00	Officer Director	$0	$0	$0
WILLIAM GATEWOOD	Treasurer	1.00	Officer Director	$0	$0	$0
DESPINA BIUGANSKI	Secretary	1.00	Officer Director	$0	$0	$0
MAX GILMAN	Director	1.00	Director	$0	$0	$0
KAYE GITIBIN	Director	1.00	Director	$0	$0	$0
JERRY HOURIHAN	Director	1.00	Director	$0	$0	$0
JAMES KANE	Director	1.00	Director	$0	$0	$0
KIMBERLEE CONNELL	Director	1.00	Director	$0	$0	$0
ROBERT HAIBI	Director	1.00	Director	$0	$0	$0
SPENCER HOULDIN	Director	1.00	Director	$0	$0	$0
ROBERT COURTEMANCHE	Director	1.00	Director	$0	$0	$0
MARY PARSONS	Director	1.00	Director	$0	$0	$0
JASON OTT	Director	1.00	Director	$0	$0	$0
CELIA SANTANA	Director	1.00	Director	$0	$0	$0
TARA BOLDING	Director	1.00	Director	$0	$0	$0
WILL VAN DEN HEUVEL	Director	1.00	Director	$0	$0	$0
KEVIN MADDEN	Director	1.00	Director	$0	$0	$0
DEON HORNSBY	Director	1.00	Director	$0	$0	$0
SHIRLEY GORDON	Director	1.00	Director	$0	$0	$0
KATHLEEN TIERNEY	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	$2,042,094	$1,733,680	$1,295,190	$308,414
2023	$1,610,868	$1,424,157	$1,011,913	$186,711
2022	$1,246,726	$1,148,517	$731,024	$98,209
2021	$1,050,212	$886,371	$722,582	$163,841
2020	$835,651	$691,340	$584,851	$144,311
2019	$913,708	$835,744	$357,327	$77,964
2018	$832,456	$836,996	$304,046	$-4,540

PRIVATE RISK MANAGEMENT ASSOCIATION