2024-10-13T13:34:01-05:00 2023-12-31 521022232 Snyder Cohn PC 11200 Rockville Pike Suite 415 North Bethesda MD 20852 990 2023-01-01 521766868 Nonprofit Risk Management Center NONP 7037773504 204 S King Street Leesburg VA 20175 Melanie Lockwood Herman Executive Director 7037773504 2024-10-10 1 1 STEVEN M BRAUNSTEIN P00086901 3016526700 2024-10-10 2023 2024-10-15 13:58:12Z Melanie Lockwood Herman 204 S King Street Leesburg VA 20175 1322883 0 X www.nonprofitrisk.org X 1992 DC NRMC's mission is to inspire effective risk management and risk champions across the nonprofit sector. NRMC provides educational resources, member support, training, web applications and consulting services covering a wide span of risk issues. 9 9 4 9 7950 0 302730 94480 769405 890589 2768 28721 14729 13375 1089632 1027165 0 0 0 0 616298 633041 0 0 0 309355 334824 925653 967865 163979 59300 1505288 1527867 524589 453562 980699 1074305 NRMC's mission is to inspire effective risk management and risk champions across the nonprofit sector. NRMC provides educational resources, member support, training, web applications and consulting services covering a wide span of risk issues. 0 0 398103 664501 Consulting Services - NRMC is a trusted advisor to large and complex nonprofit organizations, associations, federations and umbrella groups. NRMC's consulting function empowers leadership teams to strengthen their risk management capabilities. Examples of consulting engagements include risk assessments, insurance coverage reviews, the design and implementation of Enterprise Risk Management frameworks, governance assessments, youth protection program development, and the design and delivery of custom training programs and materials. NRMC also develops risk-themed web portals for use by nonprofit leaders, as well as custom versions of web applications for the members, affiliates, chapters and customers of large organizations. 220479 150087 Educational Resources - This program includes the free and affordable educational services and resources developed and delivered by NRMC to thousands of mission-driven nonprofit organizations. Educational Resources are provided to Affiliate Members and the wider nonprofit sector. NRMC's Educational Resources include: nonprofitrisk.org, risk-resources.org, affiliate member resources, RLCP, ERLCP, interactive web applications, articles, factsheets, infographics, tutorials, the RISK eNews, Risk Management Essentials, webinars and books. 157000 81426 Conferences - NRMC hosts an annual Risk Summit for risk, legal and financial professionals from the nonprofit and insurance sectors. 775582 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 4 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X Melanie Lockwood Herman 7037773504 204 S King Street Leesburg VA 20175 Patricia Vaughan President 1.00 X X 0 0 0 Joseph Budzynski Treasurer 1.00 X X 0 0 0 David Kyllo Secretary 1.00 X X 0 0 0 Heather Chadwick Director 1.00 X 0 0 0 Paul Doman Director 1.00 X 0 0 0 Lisa Prinz Director 1.00 X 0 0 0 Michael Schraer Director 1.00 X 0 0 0 Donna McPartland Director 1.00 X 0 0 0 John Connelly III Director 1.00 X 0 0 0 Melanie Lockwood Herman Executive Director 40.00 X 292163 0 33655 292163 0 33655 1 0 1 0 0 94480 94480 Fees for services 541900 664501 664501 Affiliate membership 541900 96509 96509 Conference fees 541900 81426 81426 Program Fees 541900 41140 41140 Product sales/dev 611430 7013 7013 890589 24545 24545 299894 295718 4176 4176 4176 5425 0 5425 5425 Advertising 541800 7950 7950 7950 1027165 896014 7950 28721 325818 263047 62771 225629 182160 43469 17729 14313 3416 32243 26031 6212 31622 27799 3823 33688 15197 18491 42681 19254 23427 44401 36552 7849 33448 27536 5912 53400 43962 9438 89517 89320 197 18011 14802 3209 18960 15609 3351 Miscellaneous 718 718 967865 775582 192283 0 193324 135244 782307 513049 107325 118958 2951 1765 16939 11011 178963 105267 22550 73696 0 346546 379892 327598 1505288 1527867 58517 52886 83202 63000 382870 337676 524589 453562 X 980699 1074305 980699 1074305 1505288 1527867 59300 34306 0 X X 0 1 X 1 0 X 162025 168570 180862 327730 94480 933667 698585 815612 798196 773209 896014 3981616 860610 984182 979058 1100939 990494 4915283 272675 305320 159152 361195 83962 1182304 187355 371666 331495 302699 356700 1549915 460030 676986 490647 663894 440662 2732219 2183064 3132 7662 3562 2768 24545 41669 3132 7662 3562 2768 24545 41669 863742 991844 982620 1103707 1015039 4956952 0.44040 0.43460 0.00840 0.00390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40628 34743 5885 138335 70524 67811 73696 Right of Use Asset 324026 Deposits 3572 327598 Lease Liability 337676 337676 X 1061471 34306 34306 1027165 0 1027165 967865 0 967865 0 967865 Part X, Line 2: NRMC accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax effect is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for uncertain tax positions. Interest and penalties, if any, are accrued as a component of general and administrative expenses when assessed. Income tax years ended prior to December 31, 2020 are no longer subject to audit by taxing authorities. X X X 0 0 0 0 0 0 0 0 0 Melanie Lockwood Herman Executive Director 255000 0 10000 0 27163 0 20461 0 13194 0 325818 0 0 0 Form 990, Part VI, Section B, line 11b The draft of this 990 was presented to the full board of NRMC for review and discussion. After discussion, the board voted to approve the submission of the form 990 for 2023. Form 990, Part VI, Section B, line 12c The NRMC COI policy covers board members and key staff. Each spring the chair of the Audit Committee reviews completed COI forms and compiles the responses in a spreadsheet that is shared with the full board. The board meets by phone to review the responses and discuss whether any specific action or follow-up is needed with respect to reported COIs or potential COIs. Form 990, Part VI, Section B, line 15a The personnel committee of the board of directors coordinates the annual performance review of the CEO/Executive Director. After compiling ratings and feedback from the entire board and obtaining salary survey information from comparable organizations, the committee presents its findings and recommendations to the full board. The board discusses and votes on any proposed changes in compensation or benefits for the CEO/Executive Director. Form 990, Part VI, Section C, line 19 NRMC makes its governing documents and financial statements available to the public upon request. The 990 is also available on the internet at www.guidestar.org. Form 990, Part XII, Line 2C This process has not changed from the prior year. Form 990, Schedule D Part VI Line 1e Land, Buildings, and Equipment - Other includes the cost of website development and the related accumulated amortization.