Minnesota Chapter of Rma
Nonprofit profile at a glance
- EIN
- 510172308
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990 2015, Form 990-EZ 2016
- Location
- Golden Valley, MN, USA
- Phone
- 6123886387
- Rating confidence
- Limited
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $148,647
- Expenses
- $148,687
- Assets
- $223,269
- Liabilities
- $41,890
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- JULIE KLEIN (PRESIDENT)
People named in this filing
- JULIE KLEIN (PRESIDENT)
- BRETT LAWRENCE (VICE PRESIDE)
- ANDY DISCH (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The risk management association (rma), an affiliate driven professional association, helps banking and non-banking institutions identify and manage the impacts of credit risk, operational risk, and market risk on their businesses and customers. We achieve this goal through education, research, networking, and leadership opportunities.
What it reported doing in 2016
To advance sound risk principles in the financial services industry to improve institutional performance and financial stability, as well as enhance the risk competency of individuals through information, education, peer sharing, and networking. Each year the rma Minnesota chapter offers the commercial lending academy. Since the program's inception, over 300 lenders, credit analysts and financial industry professionals from more than 65 institutions in the midwest have graduated from the academy. Our program provides a comprehensive overview to the various aspects of the commercial loan underwriting and management process.
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 1.5; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.1% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 10.2% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.