Rma The Risk Management Association New York Chapter Inc
Rma The Risk Management Association New York Chapter Inc maintains stable finances with no liabilities and volunteer leadership.
EIN: 136124129 · Fairfield, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $80K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $110,000. |
| Net Assets | $73K |
| Transparency Score | 85/100 |
Is Rma The Risk Management Association New York Chapter Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rma The Risk Management Association New York Chapter Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rma The Risk Management Association New York Chapter Inc
Rma The Risk Management Association New York Chapter Inc (EIN: 136124129) is a nonprofit organization based in Fairfield, CT. The organization reported total revenue of $110K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rma The Risk Management Association New York Chapter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rma The Risk Management Association New York Chapter Inc is a small nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $80K |
| Surplus / Deficit | $-3,821 |
| Total Assets | $73K |
| Net Assets | $73K |
| Operating Margin | -5.0% |
| Months of Reserves | 11.0 months |
Financial Health Grade: B
In 2023, Rma The Risk Management Association New York Chapter Inc reported a deficit of $4K with expenses exceeding revenue, holds 11.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Rma The Risk Management Association New York Chapter Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +24.1% | -5.0% |
| 2022 | -10.6% | +15.4% | +1.0% |
| 2021 | +5.2% | -42.5% | +28.9% |
| 2020 | -36.4% | -14.8% | -31.9% |
| 2019 | +14.9% | +16.9% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1945 |
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 Rma The Risk Management Association New York Chapter 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Rma The Risk Management Association New York Chapter Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership likely serves in a volunteer capacity, which is highly efficient for an organization of its size with revenues typically under $110,000.
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 Rma The Risk Management Association New York Chapter Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes full spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Rma The Risk Management Association New York Chapter Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and potential for high efficiency.
- Zero liabilities reported across all filings, demonstrating strong financial health and low risk.
- Consistent filing of IRS Form 990s over many years, indicating good transparency and compliance.
- Stable asset base maintained over a decade, providing financial resilience.
Frequently Asked Questions about Rma The Risk Management Association New York Chapter Inc
Is Rma The Risk Management Association New York Chapter Inc a legitimate charity?
Rma The Risk Management Association New York Chapter Inc (EIN: 136124129) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $110K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Rma The Risk Management Association New York Chapter Inc spend its money?
Rma The Risk Management Association New York Chapter Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rma The Risk Management Association New York Chapter Inc tax-deductible?
Rma The Risk Management Association New York Chapter Inc is registered as a tax-exempt nonprofit (EIN: 136124129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rma The Risk Management Association New York Chapter Inc CEO make?
Rma The Risk Management Association New York Chapter Inc's highest-compensated officer earns $110,000. annually. The organization reported $110K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rma The Risk Management Association New York Chapter Inc's spending goes to programs?
Rma The Risk Management Association New York Chapter Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rma The Risk Management Association New York Chapter Inc located?
Rma The Risk Management Association New York Chapter Inc is headquartered in Fairfield, Connecticut and files with the IRS under EIN 136124129.
How many years of IRS 990 filings does Rma The Risk Management Association New York Chapter Inc have?
Rma The Risk Management Association New York Chapter 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 $110K in total revenue.
Is Rma The Risk Management Association New York Chapter Inc financially stable?
Yes, the organization appears financially stable. It consistently reports zero liabilities across all filings and maintains a positive asset base, with assets of $72,962 in the latest 202308 period.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation in all provided IRS 990 filings, suggesting a volunteer leadership structure.
How has the organization's revenue trended over time?
Revenue has fluctuated but generally remained within a range of $64,960 (202208) to $108,529 (201908), with the latest reported revenue at $75,810 in 202308. There isn't a clear upward or downward trend, but rather consistent activity.
What is the organization's asset position?
The organization's assets have ranged from a low of $58,967 (202008) to a high of $105,772 (201408). In the latest 202308 period, assets were $72,962, indicating a healthy reserve.
Filing History
IRS 990 filing history for Rma The Risk Management Association New York Chapter Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rma The Risk Management Association New York Chapter Inc's revenue has declined by 25.5%, moving from $102K to $76K. Total assets decreased by 9.1% over the same period, from $80K to $73K. Total functional expenses fell by 26.6%, from $109K to $80K. In its most recent filing year (2023), Rma The Risk Management Association New York Chapter Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $80K | $73K | $0 | — | View 990 |
| 2022 | $65K | $64K | $77K | $0 | — | View 990 |
| 2021 | $73K | $56K | $76K | $0 | — | — |
| 2020 | $69K | $97K | $59K | $0 | — | View 990 |
| 2019 | $109K | $114K | $87K | $0 | — | View 990 |
| 2018 | $94K | $97K | $92K | $0 | — | View 990 |
| 2017 | $98K | $99K | $94K | $0 | — | — |
| 2016 | $105K | $103K | $95K | $0 | — | View 990 |
| 2015 | $86K | $99K | $93K | $0 | — | View 990 |
| 2014 | $102K | $111K | $106K | $0 | — | View 990 |
| 2013 | $123K | $124K | $115K | $0 | — | View 990 |
| 2012 | $155K | $118K | $117K | $0 | — | View 990 |
| 2011 | $102K | $109K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $80K, and assets of $73K (revenue +16.7% year-over-year).
- 2022: Revenue of $65K, expenses of $64K, and assets of $77K (revenue -10.6% year-over-year).
- 2021: Revenue of $73K, expenses of $56K, and assets of $76K (revenue +5.2% year-over-year).
- 2020: Revenue of $69K, expenses of $97K, and assets of $59K (revenue -36.4% year-over-year).
- 2019: Revenue of $109K, expenses of $114K, and assets of $87K (revenue +14.9% year-over-year).
- 2018: Revenue of $94K, expenses of $97K, and assets of $92K (revenue -3.3% year-over-year).
- 2017: Revenue of $98K, expenses of $99K, and assets of $94K (revenue -7.1% year-over-year).
- 2016: Revenue of $105K, expenses of $103K, and assets of $95K (revenue +22.4% year-over-year).
- 2015: Revenue of $86K, expenses of $99K, and assets of $93K (revenue -16.0% year-over-year).
- 2014: Revenue of $102K, expenses of $111K, and assets of $106K (revenue -16.5% year-over-year).
- 2013: Revenue of $123K, expenses of $124K, and assets of $115K (revenue -20.9% year-over-year).
- 2012: Revenue of $155K, expenses of $118K, and assets of $117K (revenue +52.1% year-over-year).
- 2011: Revenue of $102K, expenses of $109K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rma The Risk Management Association New York Chapter Inc:
Data Sources and Methodology
This transparency report for Rma The Risk Management Association New York Chapter 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.