Public Risk Management Association (EIN 541526552) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

Jennifer Ackerman

Phone

7035287701

Tax Period

2024-01-01 to 2024-12-31

Public Risk Management Association, founded in 1981, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2018.

Mission

To promote effective risk management in the public interest as an essential component of public administration.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $173,030

Program Service Revenue $1,968,058

Investment Income $54,078

Other Revenue $11,515

TOTAL REVENUE $2,206,681

Expense Breakdown

Grants Paid $0

Salaries & Benefits $541,187

Fundraising Expenses $0

Program Expenses $1,915,029

Other Expenses $1,688,217

TOTAL EXPENSES $2,229,404

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,206,681	$1,859,054	+0.2%
Expenses	$2,229,404	$2,034,248	+0.1%
Net Income	$-22,723	$-175,194	-0.9%

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

$232,592

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adam Maxwell	President	5.50	Officer Director	$0	$0	$0
Lori Olson	Past President	3.00	Officer Director	$0	$0	$0
Steve LePock II	President Elect	3.00	Officer Director	$0	$0	$0
Joe Costamagna	Director	3.00	Director	$0	$0	$0
Chester Darden	Director	3.00	Director	$0	$0	$0
Jennifer Hood	Director	3.00	Director	$0	$0	$0
Robert Warren	Director	3.00	Director	$0	$0	$0
Sean Barham	Director	3.00	Director	$0	$0	$0
Cathie Chancellor	Director	3.00	Director	$0	$0	$0
Jennifer Ackerman	Chief Executive Officer	37.50	Officer	$209,397	$23,195	$232,592
Shaunda Ragland	Senior Director of Education	37.50	Highest	$116,900	$11,440	$128,340

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	$2,206,681	$2,229,404	$1,776,553	$-22,723
2023	$1,859,054	$2,034,248	$1,913,161	$-175,194
2022	$1,968,595	$1,774,161	$2,048,713	$194,434
2021	$1,199,439	$1,141,796	$1,569,157	$57,643
2020	$1,185,604	$1,115,112	$1,422,025	$70,492
2019	$1,911,023	$1,972,912	$1,404,872	$-61,889
2018	$1,938,297	$2,005,624	$1,438,224	$-67,327

Public Risk Management Association