Weather Risk Management Association
EIN: 522181249 · Minneapolis, MN · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $215K |
| Net Assets | $186K |
Is Weather Risk Management Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Weather Risk Management Association
Weather Risk Management Association (EIN: 522181249) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code S40. The organization reported total revenue of $273K and total assets of $127K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weather Risk Management Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weather Risk Management Association is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $261K |
| Total Expenses | $215K |
| Surplus / Deficit | +$45K |
| Total Assets | $239K |
| Total Liabilities | $53K |
| Net Assets | $186K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 22.1% |
| Months of Reserves | 13.3 months |
Financial Health Grade: A
In 2023, Weather Risk Management Association reported a surplus of $45K with revenue exceeding expenses, holds 13.3 months of operating reserves (strong position), has a debt-to-asset ratio of 22.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Weather Risk Management Association's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.6% | +18.3% | +51.9% |
| 2022 | +139.4% | +33.4% | -9.0% |
| 2021 | -29.1% | +7.0% | -15.3% |
| 2020 | -14.6% | -26.3% | -17.7% |
| 2019 | -45.3% | -24.4% | -12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Weather Risk Management Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Weather Risk Management Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.1%.
Frequently Asked Questions about Weather Risk Management Association
Is Weather Risk Management Association a legitimate charity?
Weather Risk Management Association (EIN: 522181249) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $273K. No red flags identified. Financial health grade: A.
How does Weather Risk Management Association spend its money?
Weather Risk Management Association reported $273K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Weather Risk Management Association tax-deductible?
Weather Risk Management Association is registered as a tax-exempt nonprofit (EIN: 522181249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Weather Risk Management Association located?
Weather Risk Management Association is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 522181249. It is classified under NTEE code S40.
How many years of IRS 990 filings does Weather Risk Management Association have?
Weather Risk Management Association 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 $273K in total revenue.
Filing History
IRS 990 filing history for Weather Risk Management Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Weather Risk Management Association's revenue has declined by 15.2%, moving from $307K to $261K. Total assets increased by 8.3% over the same period, from $221K to $239K. Total functional expenses fell by 28.6%, from $302K to $215K. In its most recent filing year (2023), Weather Risk Management Association reported a surplus of $45K, with revenue exceeding expenses. The organization holds $53K in liabilities against $239K in assets (debt-to-asset ratio: 22.1%), resulting in net assets of $186K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $261K | $215K | $239K | $53K | — | — |
| 2022 | $183K | $182K | $157K | $16K | — | View 990 |
| 2021 | $76K | $136K | $173K | $33K | — | View 990 |
| 2020 | $108K | $128K | $204K | $247 | — | — |
| 2019 | $126K | $173K | $248K | $31K | — | View 990 |
| 2018 | $231K | $229K | $283K | $19K | — | View 990 |
| 2017 | $214K | $182K | $282K | $20K | — | View 990 |
| 2016 | $194K | $202K | $246K | $17K | — | View 990 |
| 2015 | $201K | $192K | $282K | $41K | — | View 990 |
| 2014 | $222K | $188K | $295K | $64K | — | View 990 |
| 2013 | $241K | $220K | $235K | $38K | — | View 990 |
| 2012 | $238K | $221K | $234K | $57K | — | View 990 |
| 2011 | $307K | $302K | $221K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $261K, expenses of $215K, and assets of $239K (revenue +42.6% year-over-year).
- 2022: Revenue of $183K, expenses of $182K, and assets of $157K (revenue +139.4% year-over-year).
- 2021: Revenue of $76K, expenses of $136K, and assets of $173K (revenue -29.1% year-over-year).
- 2020: Revenue of $108K, expenses of $128K, and assets of $204K (revenue -14.6% year-over-year).
- 2019: Revenue of $126K, expenses of $173K, and assets of $248K (revenue -45.3% year-over-year).
- 2018: Revenue of $231K, expenses of $229K, and assets of $283K (revenue +8.0% year-over-year).
- 2017: Revenue of $214K, expenses of $182K, and assets of $282K (revenue +10.1% year-over-year).
- 2016: Revenue of $194K, expenses of $202K, and assets of $246K (revenue -3.5% year-over-year).
- 2015: Revenue of $201K, expenses of $192K, and assets of $282K (revenue -9.6% year-over-year).
- 2014: Revenue of $222K, expenses of $188K, and assets of $295K (revenue -7.6% year-over-year).
- 2013: Revenue of $241K, expenses of $220K, and assets of $235K (revenue +1.0% year-over-year).
- 2012: Revenue of $238K, expenses of $221K, and assets of $234K (revenue -22.5% year-over-year).
- 2011: Revenue of $307K, expenses of $302K, and assets of $221K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weather Risk Management Association:
Data Sources and Methodology
This transparency report for Weather Risk Management Association 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.