Affiliates Risk Management Services Inc
Affiliates Risk Management Services Inc shows consistent revenue growth and strong asset accumulation over the past decade.
EIN: 134167849 · New York, NY · NTEE: S50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $42.6M |
| Total Expenses | $34.3M |
| Program Spending | 85% |
| Net Assets | $23.4M |
| Transparency Score | 85/100 |
Is Affiliates Risk Management Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Affiliates Risk Management Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Affiliates Risk Management Services Inc
Affiliates Risk Management Services Inc (EIN: 134167849) is a nonprofit organization based in New York, NY, classified under NTEE code S50. The organization reported total revenue of $42.6M and total assets of $33.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Affiliates Risk Management Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Affiliates Risk Management Services Inc is a large nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36.1M |
| Total Expenses | $34.3M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $25.6M |
| Total Liabilities | $2.2M |
| Net Assets | $23.4M |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 8.6% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2023, Affiliates Risk Management Services Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 8.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Affiliates Risk Management Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.9% | +11.8% | +7.4% |
| 2022 | +1.0% | +9.9% | -7.8% |
| 2021 | +10.0% | +8.9% | +6.1% |
| 2020 | +16.5% | +15.8% | +12.0% |
| 2019 | +1.8% | +3.3% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Affiliates Risk Management Services Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Affiliates Risk Management Services Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.6%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, suggesting that top leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the summary, which could contribute to lower administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Affiliates Risk Management Services Inc's IRS 990 filings:
- Lack of detailed program, administrative, and fundraising expense breakdown in summary data
- Officer compensation consistently reported as 0% without further explanation, which could obscure executive pay if reported elsewhere
Strengths
The following positive indicators were identified for Affiliates Risk Management Services Inc:
- Consistent and significant revenue growth, from $17.1M in 2014 to $36.1M in 2023
- Strong asset base consistently exceeding liabilities, indicating financial stability (e.g., $25.6M assets vs $2.1M liabilities in 2023)
- Generally positive net income, demonstrating effective expense management
- Long history of IRS 990 filings, indicating good compliance and transparency
Frequently Asked Questions about Affiliates Risk Management Services Inc
Is Affiliates Risk Management Services Inc a legitimate charity?
Affiliates Risk Management Services Inc (EIN: 134167849) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $42.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Affiliates Risk Management Services Inc spend its money?
Affiliates Risk Management Services Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Affiliates Risk Management Services Inc tax-deductible?
Affiliates Risk Management Services Inc is registered as a tax-exempt nonprofit (EIN: 134167849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Affiliates Risk Management Services Inc's spending goes to programs?
Affiliates Risk Management Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Affiliates Risk Management Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Affiliates Risk Management Services Inc is above average for NTEE category S50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Affiliates Risk Management Services Inc located?
Affiliates Risk Management Services Inc is headquartered in New York, New York and files with the IRS under EIN 134167849. It is classified under NTEE code S50.
How many years of IRS 990 filings does Affiliates Risk Management Services Inc have?
Affiliates Risk Management Services Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $42.6M in total revenue.
How does Affiliates Risk Management Services Inc achieve 0% officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could indicate a volunteer leadership model, or that executive compensation is reported under different expense categories, which would require reviewing the full 990 forms for detailed breakdowns.
What are the primary programs or services provided by Affiliates Risk Management Services Inc?
Based on the NTEE code S50 (Risk Management & Insurance), Affiliates Risk Management Services Inc likely provides risk management and insurance-related services, potentially to other non-profit affiliates, though specific program details are not available in the provided financial summary.
Has Affiliates Risk Management Services Inc experienced any significant financial losses?
While most years show positive net income, there were minor net losses in 2022 (Expenses $30.6M vs Revenue $30.1M) and 2016 (Expenses $20.8M vs Revenue $20.0M), and 2014 (Expenses $17.8M vs Revenue $17.1M). These appear to be minor fluctuations within a broader trend of growth and profitability.
Filing History
IRS 990 filing history for Affiliates Risk Management Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Affiliates Risk Management Services Inc's revenue has grown by 373.3%, moving from $7.6M to $36.1M. Total assets increased by 65.2% over the same period, from $15.5M to $25.6M. Total functional expenses rose by 383.8%, from $7.1M to $34.3M. In its most recent filing year (2023), Affiliates Risk Management Services Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $25.6M in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $23.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36.1M | $34.3M | $25.6M | $2.2M | — | View 990 |
| 2022 | $30.1M | $30.7M | $23.9M | $2.4M | — | — |
| 2021 | $29.8M | $27.9M | $25.9M | $1.9M | — | View 990 |
| 2020 | $27.1M | $25.6M | $24.4M | $3.0M | — | View 990 |
| 2019 | $23.3M | $22.1M | $21.8M | $2.2M | — | View 990 |
| 2018 | $22.9M | $21.4M | $19.4M | $2.2M | — | View 990 |
| 2017 | $21.6M | $20.8M | $18.9M | $1.9M | — | — |
| 2016 | $20.0M | $20.9M | $17.1M | $1.7M | — | View 990 |
| 2015 | $19.9M | $19.1M | $17.3M | $1.6M | — | View 990 |
| 2014 | $17.1M | $17.9M | $16.8M | $1.5M | — | View 990 |
| 2013 | $13.4M | $8.2M | $17.5M | $1.5M | — | View 990 |
| 2012 | $9.4M | $7.1M | $16.7M | $6.1M | — | View 990 |
| 2011 | $7.6M | $7.1M | $15.5M | $7.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36.1M, expenses of $34.3M, and assets of $25.6M (revenue +19.9% year-over-year).
- 2022: Revenue of $30.1M, expenses of $30.7M, and assets of $23.9M (revenue +1.0% year-over-year).
- 2021: Revenue of $29.8M, expenses of $27.9M, and assets of $25.9M (revenue +10.0% year-over-year).
- 2020: Revenue of $27.1M, expenses of $25.6M, and assets of $24.4M (revenue +16.5% year-over-year).
- 2019: Revenue of $23.3M, expenses of $22.1M, and assets of $21.8M (revenue +1.8% year-over-year).
- 2018: Revenue of $22.9M, expenses of $21.4M, and assets of $19.4M (revenue +6.1% year-over-year).
- 2017: Revenue of $21.6M, expenses of $20.8M, and assets of $18.9M (revenue +7.6% year-over-year).
- 2016: Revenue of $20.0M, expenses of $20.9M, and assets of $17.1M (revenue +0.5% year-over-year).
- 2015: Revenue of $19.9M, expenses of $19.1M, and assets of $17.3M (revenue +16.3% year-over-year).
- 2014: Revenue of $17.1M, expenses of $17.9M, and assets of $16.8M (revenue +28.4% year-over-year).
- 2013: Revenue of $13.4M, expenses of $8.2M, and assets of $17.5M (revenue +41.9% year-over-year).
- 2012: Revenue of $9.4M, expenses of $7.1M, and assets of $16.7M (revenue +23.3% year-over-year).
- 2011: Revenue of $7.6M, expenses of $7.1M, and assets of $15.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Affiliates Risk Management Services Inc:
Data Sources and Methodology
This transparency report for Affiliates Risk Management Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.