Rocky Mountain Surety Association

Nonprofit profile at a glance

EIN
812011484
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Denver, CO, USA
Phone
3036458535
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$26,481
Expenses
$32,515
Assets
$64,729
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • KAHLER GRANDBOUCHE (VICE PRESIDENT)
  • JENNIFER CLAMPERT (PRESIDENT)
  • KELLY HAYES (PAST PRESIDENT)

People named in this filing

  • KAHLER GRANDBOUCHE (VICE PRESIDENT)
  • ANDI BLACK (TREASURER)
  • ZACH ROTHEY (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the surety industry in our rocky mountain region, through the collective efforts of the surety professionals who make up the association.

What it reported doing in 2024

To promote the surety industry in our rocky mountain region through the collective efforts of the surety professionals who make up the association.

Operating model

Revenue model
Membership-supported. 71% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.6%; rating input score 61
  • Program expense ratio: 49.4%; rating input score 49

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -22.8%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 1.99; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 57.4% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -8.7% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: 13.3% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 60.6% of revenue deployed · 49.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Program expense ratio scored 49/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 22/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.