THE FIDUCIARY AND INVESTMENT RISK MANAGEMENT ASSOCIATION INC (EIN 581822399) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

P HALE MAST

Phone

8035478964

Tax Period

2025-01-01 to 2025-12-31

THE FIDUCIARY AND INVESTMENT RISK MANAGEMENT ASSOCIATION INC, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $901K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $813K left a modest 10% surplus.

Mission

GOALS ARE TO DISSEMINATE INFORMATION & EDUCATIONAL MATERIALS TO ITS MEMBERS, TO ESTABLISH & MAINTAIN HIGH STANDARDS OF INTEGRITY & CHARACTER AMONG INTERNAL AUDITORS, RISK AND COMPLIANCE MANAGERS & TO PROVIDE COMPREHENSIVE PROFESSIONAL DEVELOPMENT ACTIVITIES & STANDARDS FOR THE PRACTICE OF TRUST & FINANCIAL SERVICES AUDIT, RISK, AND COMPLIANCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $873,300

Investment Income $27,874

Other Revenue $0

TOTAL REVENUE $901,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $151,496

Fundraising Expenses $0

Program Expenses $565,171

Other Expenses $661,629

TOTAL EXPENSES $813,125

Year-over-Year Comparison

	2025	2024	Change
Revenue	$901,174	$968,537	-0.1%
Expenses	$813,125	$767,996	+0.1%
Net Income	$88,049	$200,541	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

150

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

$151,496

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
P HALE MAST	EXEC DIRECTO	40.00	Director	$151,496	$0	$151,496
BRUCE K GOLDBERG	DIRECTOR	1.00	Director	$0	$0	$0
DENISE MORRISON	DIRECTOR	1.00	Director	$0	$0	$0
MARK T GRAY	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE MCCABE	PRESIDENT	1.00	Officer Director	$0	$0	$0
W MICHAEL BRIDGEMAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
HOLLY A BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
CASEY TUXHORN	DIRECTOR	1.00	Director	$0	$0	$0
SACHA W WALDECK	SECRETARY	1.00	Officer Director	$0	$0	$0
GABRIELLE D BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN CANTRELL	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM T NORRIS	DIRECTOR	1.00	Director	$0	$0	$0
JUDY B HERNDON	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
2025	$901,174	$813,125	$1,115,387	$88,049
2024	$968,537	$767,996	$863,199	$200,541
2023	$808,618	$759,996	$673,044	$48,622
2022	$634,729	$696,124	$590,932	$-61,395
2021	$455,727	$335,005	$667,008	$120,722
2020	$265,974	$316,120	$456,976	$-50,146
2019	$717,175	$683,839	$552,020	$33,336
2018	$736,463	$728,951	$543,201	$7,512

THE FIDUCIARY AND INVESTMENT RISK MANAGEMENT ASSOCIATION INC