DERIVATIVES MARKET INSTITUTE FOR STANDARDS INC

EIN: 881980058 Community Improvement

WASHINGTON, DC

Total Revenue
$308,750
Total Expenses
$792,038
Total Assets
$94,857
Net Assets
$-191,903
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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
2022
Legal Domicile
DE
Phone
2024665460
Tax Period
2024-01-01 to 2024-12-31

DERIVATIVES MARKET INSTITUTE FOR STANDARDS INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $309K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $792K exceeded revenue, resulting in a 157% operating deficit.

Mission

DERIVATIVES MARKET INSTITUTE FOR STANDARDS, INC. ("DMIST") MISSION IS TO IMPROVE THE EFFECTIVENESS, RESILIENCY, COMPETITIVENESS, AND INNOVATIVENESS OF THE EXCHANGE-TRADED AND CLEARED DERIVATIVES MARKETS THROUGH THE ADOPTION OF STANDARDS AND BEST PRACTICES IN THE TRADE AND CLEARING LIFECYCLE FOR THE BENEFIT OF ALL SECTORS AND INDUSTRY PARTICIPANTS.

Program Service Accomplishments

Program 1

N/A

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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 (2024)

Revenue Breakdown

Contributions & Grants $308,750
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $308,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $792,038
TOTAL EXPENSES $792,038

Year-over-Year Comparison

2024 2023 Change
Revenue $308,750 $240,000 +0.3%
Expenses $792,038 $556,552 +0.4%
Net Income $-483,288 $-316,552 +0.5%
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
1
Independent Members
N/A
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
1
$2,143,667
Total Directors
1
$2,143,667
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTER LUKKEN EXECUTIVE DIRECTOR 3.5
Officer Director
$0 $47,588 $2,143,667
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 $308,750 $792,038 $94,857 $-483,288
2023 $240,000 $556,552 $177,958 $-316,552
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