Nevada Chapter Of The Risk And Insurance Management Society Inc
Nevada RIMS Chapter maintains strong asset growth and zero executive compensation.
EIN: 204968891 · Las Vegas, NV · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $96K |
| Total Expenses | $73K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $86,266. |
| Net Assets | $211K |
| Transparency Score | 92/100 |
Is Nevada Chapter Of The Risk And Insurance Management Society Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nevada Chapter Of The Risk And Insurance Management Society Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nevada Chapter Of The Risk And Insurance Management Society Inc
Nevada Chapter Of The Risk And Insurance Management Society Inc (EIN: 204968891) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code S41. The organization reported total revenue of $96K and total assets of $222K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nevada Chapter Of The Risk And Insurance Management Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nevada Chapter Of The Risk And Insurance Management Society Inc is a micro nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $73K |
| Surplus / Deficit | +$14K |
| Total Assets | $211K |
| Net Assets | $211K |
| Operating Margin | 15.9% |
| Months of Reserves | 34.9 months |
Financial Health Grade: A
In 2023, Nevada Chapter Of The Risk And Insurance Management Society Inc reported a surplus of $14K with revenue exceeding expenses, holds 34.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Nevada Chapter Of The Risk And Insurance Management Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.4% | +7.7% | +6.9% |
| 2022 | +174.0% | +936.1% | +7.4% |
| 2021 | +28.4% | -82.8% | +14.3% |
| 2020 | -92.9% | -84.9% | -8.4% |
| 2019 | +590.2% | +452.9% | +60.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Nevada Chapter Of The Risk And Insurance Management Society Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Nevada Chapter Of The Risk And Insurance Management Society Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $14K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely run by volunteers, which is highly efficient for an organization of its size with latest revenue of $86,266.
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.
Strengths
The following positive indicators were identified for Nevada Chapter Of The Risk And Insurance Management Society Inc:
- Consistent asset growth, reaching $211,290 in 2023.
- Zero liabilities reported across all available filings, indicating no debt.
- 0% officer compensation, suggesting volunteer-led operations and high efficiency.
- Consistent surplus in most recent years (e.g., $86,266 revenue vs. $72,559 expenses in 2023).
- Strong transparency with 14 IRS 990 filings.
Frequently Asked Questions about Nevada Chapter Of The Risk And Insurance Management Society Inc
Is Nevada Chapter Of The Risk And Insurance Management Society Inc a legitimate charity?
Nevada Chapter Of The Risk And Insurance Management Society Inc (EIN: 204968891) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $96K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Nevada Chapter Of The Risk And Insurance Management Society Inc spend its money?
Nevada Chapter Of The Risk And Insurance Management Society Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Nevada Chapter Of The Risk And Insurance Management Society Inc tax-deductible?
Nevada Chapter Of The Risk And Insurance Management Society Inc is registered as a tax-exempt nonprofit (EIN: 204968891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nevada Chapter Of The Risk And Insurance Management Society Inc CEO make?
Nevada Chapter Of The Risk And Insurance Management Society Inc's highest-compensated officer earns $86,266. annually. The organization reported $96K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Nevada Chapter Of The Risk And Insurance Management Society Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Nevada Chapter Of The Risk And Insurance Management Society Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nevada Chapter Of The Risk And Insurance Management Society Inc located?
Nevada Chapter Of The Risk And Insurance Management Society Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 204968891. It is classified under NTEE code S41.
How many years of IRS 990 filings does Nevada Chapter Of The Risk And Insurance Management Society Inc have?
Nevada Chapter Of The Risk And Insurance Management Society Inc has 14 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 $96K in total revenue.
Is Nevada Chapter Of The Risk And Insurance Management Society Inc a good charity?
Based on the provided data, the Nevada Chapter Of The Risk And Insurance Management Society Inc appears to be a very good charity. It consistently reports 0% officer compensation, has a strong and growing asset base ($211,290 in 2023), and maintains zero liabilities, indicating excellent financial health and efficient operations.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets growing from $104,459 in 2014 to $211,290 in 2023. It has consistently maintained zero liabilities, demonstrating strong financial management and accumulation of reserves.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that its leadership is entirely volunteer-based. This is a significant strength, as it ensures that all funds are directed towards the organization's mission and operational costs rather than executive salaries.
Filing History
IRS 990 filing history for Nevada Chapter Of The Risk And Insurance Management Society Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Nevada Chapter Of The Risk And Insurance Management Society Inc's revenue has grown by 42.2%, moving from $61K to $86K. Total assets increased by 54.6% over the same period, from $137K to $211K. Total functional expenses rose by 17.9%, from $62K to $73K. In its most recent filing year (2023), Nevada Chapter Of The Risk And Insurance Management Society Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $73K | $211K | $0 | — | — |
| 2022 | $81K | $67K | $198K | $0 | — | View 990 |
| 2021 | $30K | $7K | $184K | $0 | — | View 990 |
| 2020 | $23K | $38K | $161K | $0 | — | — |
| 2019 | $324K | $251K | $176K | $0 | — | — |
| 2018 | $47K | $45K | $109K | $7K | — | View 990 |
| 2017 | $47K | $51K | $101K | $0 | — | View 990 |
| 2016 | $47K | $50K | $104K | $0 | — | View 990 |
| 2015 | $51K | $46K | $108K | $901 | — | View 990 |
| 2014 | $54K | $43K | $104K | $2K | — | View 990 |
| 2013 | $46K | $42K | $92K | $280 | — | View 990 |
| 2012 | $54K | $56K | $92K | $4K | — | View 990 |
| 2011 | $104K | $151K | $92K | $3K | — | View 990 |
| 2010 | $61K | $62K | $137K | $287 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $73K, and assets of $211K (revenue +6.4% year-over-year).
- 2022: Revenue of $81K, expenses of $67K, and assets of $198K (revenue +174.0% year-over-year).
- 2021: Revenue of $30K, expenses of $7K, and assets of $184K (revenue +28.4% year-over-year).
- 2020: Revenue of $23K, expenses of $38K, and assets of $161K (revenue -92.9% year-over-year).
- 2019: Revenue of $324K, expenses of $251K, and assets of $176K (revenue +590.2% year-over-year).
- 2018: Revenue of $47K, expenses of $45K, and assets of $109K (revenue -0.9% year-over-year).
- 2017: Revenue of $47K, expenses of $51K, and assets of $101K (revenue +1.2% year-over-year).
- 2016: Revenue of $47K, expenses of $50K, and assets of $104K (revenue -7.4% year-over-year).
- 2015: Revenue of $51K, expenses of $46K, and assets of $108K (revenue -6.5% year-over-year).
- 2014: Revenue of $54K, expenses of $43K, and assets of $104K (revenue +17.3% year-over-year).
- 2013: Revenue of $46K, expenses of $42K, and assets of $92K (revenue -14.9% year-over-year).
- 2012: Revenue of $54K, expenses of $56K, and assets of $92K (revenue -48.0% year-over-year).
- 2011: Revenue of $104K, expenses of $151K, and assets of $92K (revenue +71.5% year-over-year).
- 2010: Revenue of $61K, expenses of $62K, and assets of $137K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nevada Chapter Of The Risk And Insurance Management Society Inc:
Data Sources and Methodology
This transparency report for Nevada Chapter Of The Risk And Insurance Management Society 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.