2017-10-27T15:25:08-05:00 2016-12-31 521022232 Snyder Cohn PC 11200 Rockville Pike Suite 415 North Bethesda MD 20852 990 2016-01-01 521766868 Nonprofit Risk Management Center NONP 7037773504 204 S King Street Leesburg VA 20175 Melanie Lockwood Herman Executive Director 7037773504 2017-10-25 1 Steven M Braunstein P00086901 3016526700 207.87.50.194 2017-10-25 07:45:52 ED P 9723BBA896449E348B9B07FFFDBB537E4466CA25 6C425C98DEFC167C74D208BA6447179E2E2BD725 2016 2021-01-29 14:40:06Z Melanie Lockwood Herman 204 S King Street Leesburg VA 20175 840315 0 X www.nonprofitrisk.org X 1992 DC See Schedule O 14 14 6 0 15900 -5123 136900 173930 625003 634253 265 635 15550 31497 777718 840315 0 0 0 0 421294 464476 0 0 0 345200 323062 766494 787538 11224 52777 215166 275278 66069 73404 149097 201874 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 help covering a wide span of risk issues. 0 0 319304 460224 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. 202385 141027 Clearinghouse - NRMC's Clearinghouse function supports the delivery of free and affordable risk management educational resources for thousands of mission-driven nonprofit organizations. NRMC also provides risk support and resources through an Affiliate Member program, the publication of a weekly Risk eNews, and the publication of a periodic newsletter, Risk Management Essentials. NRMC's principal website, www.nonprofitrisk.org, contains articles, factsheets, tutorials, webinars and infographics on a wide array of risk topics and issues. 84506 48599 Conference - NRMC hosts an annual Risk Summit for risk and financial professionals from the nonprofit and insurance sectors. 606195 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 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 5 0 1 6 1 1 1 0 0 0 0 0 0 0 0 0 X 14 14 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 Peter Andrew President 1.00 X X 0 0 0 John Connelly III Director 1.00 X 0 0 0 Paul Doman Director 1.00 X 0 0 0 Carolyn Gulston Director 1.00 X 0 0 0 Kitty Holt Director 1.00 X 0 0 0 Cynthia Koral Secretary 1.00 X X 0 0 0 David Kyllo Director 1.00 X 0 0 0 Roger Nulton Jr Director 1.00 X 0 0 0 Lisa Prinz Director 1.00 X 0 0 0 Mary Ann Riesenberg Treasurer 1.00 X X 0 0 0 Michael Schraer Director 1.00 X 0 0 0 David Szerlip Director 1.00 X 0 0 0 Tara Thomas Director 1.00 X 0 0 0 Jeffrey Weslow Director 1.00 X 0 0 0 Melanie Lockwood Herman Executive Director 40.00 X 207317 0 20832 207317 0 20832 1 0 1 0 0 173930 173930 Fees for services 541900 460224 460224 Affiliate membership 541900 83853 83853 Conference fees 541900 48599 48599 Product sales/dev 611430 41577 41577 634253 635 635 15597 0 15597 15597 Advertising 541800 15900 15900 15900 840315 649850 15900 635 X 228472 169454 59018 184164 138123 46041 11316 9619 1697 16587 14223 2364 23937 17996 5941 113490 80750 32740 25285 20390 4895 26336 20362 5974 45805 33005 12800 87562 86549 1013 832 832 14541 10470 4071 7318 5254 2064 Miscellaneous expenses 1893 1893 787538 606195 181343 0 31524 46305 75770 101392 82083 72891 4952 4800 5470 7631 64975 26288 11795 38687 3572 3572 215166 275278 38294 22380 22361 51024 5414 0 66069 73404 X 149097 201874 149097 201874 215166 275278 52777 0 X 1 X 0 1 0 X 159650 159300 158150 136900 173930 787930 396314 548780 606708 625003 649850 2826655 555964 708080 764858 761903 823780 3614585 96000 96000 207400 102600 147050 649050 117455 236447 171934 223081 307009 1055926 213455 332447 379334 325681 454059 1704976 1909609 183 276 284 265 635 1643 183 276 284 265 635 1643 556147 708356 765142 762168 824415 3616228 0.52810 0.57040 0.00050 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35975 21455 14520 29000 4833 24167 38687 X 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. NRMC has identified its tax status as a tax exempt entity under Section 501(c)(3) and that it has no unrelated business income as tax positions; however, NRMC has determined that such tax positions do not result in an uncertainty requiring recognition. Income tax years ended prior to December 31, 2013 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 195322 0 0 0 11995 0 10236 0 10596 0 228149 0 0 0 Page 1 Part 1: Explanation of mission 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 help covering a wide span of risk issues. Form 990, Part VI, Section B, line 11b A draft copy of the 990 is provided to the Audit Committee for initial review and discussion. The draft is subsequently reviewed, discussed and accepted by the Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c The NRMC COI policy covers board members and key staff. Each spring the Audit Committee reviews completed COI forms and compiles the responses in a spreadsheet. The Committee 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. The Committee reports on its deliberations and proposed action steps, if any, at the March board meeting. 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. Process was completed in 2016. 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 IX, line 11g Professional fees: Program service expenses 80,750. Management and general expenses 32,740. Fundraising expenses 0. Total expenses 113,490.