PROPERTY RECORDS INDUSTRY ASSOCIAT… - Form 990 Financial Data

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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

DAN SHMUKLER

Phone

9194592070

Tax Period

2024-08-01 to 2025-07-31

PROPERTY RECORDS INDUSTRY ASSOCIATION, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $687K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $662K left a modest 4% surplus.

Mission

THE ASSOCIATION FACILITATES RESEARCH CONCERNING RECORDATION, INITIATES AND DEVELOPS STANDARDS, SYSTEMS AND PROCEDURES ON MATTERS RELATING TO RECORDATION AND ENCOURAGES BETTER UNDERSTANDING OF INDUSTRY ISSUES BY IMPROVING COMMUNICATION BETWEEN ALL SECTORS OF THE INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $462,881 Revenue: $386,279

THE ASSOCIATION HOLDS CONFERENCES THROUGHOUT THE YEAR, SENDS OUT SEVERAL NEWSLETTERS AND HOSTS A WEBSITE TO EDUCATE AND INFORM ITS MEMBERS ABOUT NEW LAWS, ISSUES, OR CHANGES TO THE PROPERY RECORDS...

THE ASSOCIATION HOLDS CONFERENCES THROUGHOUT THE YEAR, SENDS OUT SEVERAL NEWSLETTERS AND HOSTS A WEBSITE TO EDUCATE AND INFORM ITS MEMBERS ABOUT NEW LAWS, ISSUES, OR CHANGES TO THE PROPERY RECORDS INDUSTRY.

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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 $268,524

Program Service Revenue $386,279

Investment Income $22,294

Other Revenue $9,487

TOTAL REVENUE $686,584

Expense Breakdown

Grants Paid $544

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $480,092

Other Expenses $661,715

TOTAL EXPENSES $662,259

Year-over-Year Comparison

	2024	2023	Change
Revenue	$686,584	$592,288	+0.2%
Expenses	$662,259	$527,915	+0.3%
Net Income	$24,325	$64,373	-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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
CHRISTIE ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
BRENT BLANKENSHIP	DIRECTOR	N/A	Director	$0	$0	$0
ELIZABETH BLOSSER	DIRECTOR	N/A	Director	$0	$0	$0
SHARON BLOUNT-BAKER	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN ERNISSEE	SECRETARY	N/A	Officer Director	$0	$0	$0
ANNETTE HILL	PAST PRESIDE	N/A	Officer Director	$0	$0	$0
TERESA KIEL	DIRECTOR	N/A	Director	$0	$0	$0
BRANDON KRAUSE	TREASURER	N/A	Officer Director	$0	$0	$0
KAREN LONG	DIRECTOR	N/A	Director	$0	$0	$0
NAKIA MCFARLAND	DIRECTOR	N/A	Director	$0	$0	$0
KYLE QUACKENBUSH	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
RACHEL SANCHEZ	DIRECTOR	N/A	Director	$0	$0	$0
DAN SHMUKLER	PRESIDENT	N/A	Officer Director	$0	$0	$0
GERALD SMITH	DIRECTOR	N/A	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	$686,584	$662,259	$1,069,601	$24,325
2024	$592,288	$527,915	$981,916	$64,373
2023	$535,004	$566,052	$854,128	$-31,048
2022	$446,074	$469,638	$895,643	$-23,564
2021	$305,373	$257,660	$868,628	$47,713
2020	$514,691	$459,750	$717,084	$54,941
2019	$446,804	$434,522	$796,076	$12,282

PROPERTY RECORDS INDUSTRY ASSOCIATION