Civic Intelligence

Private Risk Management Association

990 • Fiscal year 2019 • EIN 46-2430573

Jan 01, 2019 to Dec 31, 2019 • Filed on May 08, 2020

Organization ProfileN/A

View Organization Page

PO Box 9208Fall River, MA 02720

(917) 769-4759

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.46x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.18x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

65th percentile

8.5%

Higher net margin than 65% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

88th percentile

$151,923

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

76th percentile

18%

Faster asset growth than 76% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

9.8%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$357,327

Up $53,281 (+18%) from 2018

Net Assets

Up

$194,154

Up $37,579 (+24%) from 2018

Liabilities

Up

$163,173

Up $15,702 (+11%) from 2018

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin65th percentile

Revenue

Up

$913,708

Up $81,252 (+9.8%) from 2018

Expenses

Down

$835,744

Down $1,252 (-0.1%) from 2018

Net Income

Up

$77,964

Up $82,504 (+1817%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $160,139Liabilities 2014: $35,900Net Assets 2014: $124,2392014Assets 2015: $206,485Liabilities 2015: $46,657Net Assets 2015: $159,8282015Assets 2016: $130,419Liabilities 2016: $7,860Net Assets 2016: $122,5592016Assets 2017: $277,031Liabilities 2017: $115,916Net Assets 2017: $161,1152017Assets 2018: $304,046Liabilities 2018: $147,471Net Assets 2018: $156,5752018Assets 2019: $357,327Liabilities 2019: $163,173Net Assets 2019: $194,1542019Assets 2020: $584,851Liabilities 2020: $197,143Net Assets 2020: $387,7082020Assets 2021: $722,582Liabilities 2021: $227,283Net Assets 2021: $495,2992021Assets 2022: $731,024Liabilities 2022: $152,099Net Assets 2022: $578,9252022Assets 2023: $1,011,913Liabilities 2023: $246,277Net Assets 2023: $765,6362023Assets 2024: $1,295,190Liabilities 2024: $220,971Net Assets 2024: $1,074,2192024

Highlighted filing

2019

Assets$357,327
Liabilities$163,173
Net Assets$194,154
Open 2019 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $268,645Expenses 2014: $144,406Net Income 2014: $124,2392014Revenue 2015: $450,000Expenses 2015: $414,411Net Income 2015: $35,5892015Revenue 2016: $671,249Expenses 2016: $708,518Net Income 2016: -$37,2692016Revenue 2017: $755,779Expenses 2017: $716,973Net Income 2017: $38,8062017Revenue 2018: $832,456Expenses 2018: $836,996Net Income 2018: -$4,5402018Revenue 2019: $913,708Expenses 2019: $835,744Net Income 2019: $77,9642019Revenue 2020: $835,651Expenses 2020: $691,340Net Income 2020: $144,3112020Revenue 2021: $1,050,212Expenses 2021: $886,371Net Income 2021: $163,8412021Revenue 2022: $1,246,726Expenses 2022: $1,148,517Net Income 2022: $98,2092022Revenue 2023: $1,610,868Expenses 2023: $1,424,157Net Income 2023: $186,7112023Revenue 2024: $2,042,094Expenses 2024: $1,733,680Net Income 2024: $308,4142024

Highlighted filing

2019

Revenue$913,708
Expenses$835,744
Net Income$77,964
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 8, 2020
Return Version
2019v5.1
Gross Receipts
$913,708
Mission and Program Overview

Mission

The mission of prma is to improve advice, coverage and service provided to the high net worth insurance consumer through education and increased awareness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$156,575$194,154▲ $37,579
Cash and Non-Interest-Bearing Accounts$61,096$184,488▲ $123,392
Savings and Temporary Cash Investments$108,159$99,999▼ $8,160
Accounts Receivable$129,791$42,840▼ $86,951
Prepaid Expenses and Deferred Charges$5,000$30,000▲ $25,000
Total Assets$304,046$357,327▲ $53,281
Liabilities
Deferred Revenue$143,121$153,550▲ $10,429
Accounts Payable and Accrued Expenses$4,350$9,623▲ $5,273
Total Liabilities$147,471$163,173▲ $15,702
Net Assets / Fund Balance
Total Net Assets Fund Balance$156,575$194,154▲ $37,579
Total Liabilities and Net Assets / Fund Balance$304,046$357,327▲ $53,281
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lisa a LindsayExecutive Director & TrusteeFT$151,923$151,923
Lisa a Lindsay--$151,923$151,923

Board Members and Trustees

NameTitle
James P KanePresident & Trustee
Bryant KolleTrustee
Frances ObrienTrustee
Gary J PasternackTrustee
Jason OttTrustee
Kimberlee ConnellTrustee
Mary RussellTrustee
Patience MarmerTrustee
Robert CourtmancheTrustee
Ross BuchmuellerTrustee
Susan Ogrodnik SmithTrustee
Patricia LebonTrustee & Secretary
William GatewoodTrustee & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$913,688
Investment Income
$20
Other Revenue
$0
Change in Net Assets
$77,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$472,583
Salaries, Compensation, and Employee Benefits$316,261
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$0$0$0$189,570
All Other Expenses$0$0$0$171,730
Current Officers, Directors, Trustees, and Key Employees$0$0$0$151,923
Other Salaries and Wages$0$0$0$138,033
Advertising$0$0$0$82,654
Benefits to Members$0--$46,900
Payroll Taxes$0$0$0$26,305
Fees for Services Accounting$0$0$0$14,769
Insurance$0$0$0$7,235
Travel$0$0$0$4,168
Information Technology$0$0$0$2,261
Fees for Services Legal$0$0$0$165
Office Expenses$0$0$0$31
Total Functional Expenses$0$0$0$835,744
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Private Risk Management Association
EIN
46-2430573
Phone
9177694759
Address
PO Box 9208, Fall River, MA 02720

Signing Officer

Name
Lisa a Lindsay
Title
Executive Director
Phone
9177694759
Signed
2020-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
13

Preparer

Firm
Lisa a Brown & Associates LLC
Address
111 HAWTHORN ST, NEW BEDFORD, MA 02740
Preparer
Lisa A Brown
Phone
5089655484
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Board of trustees receive a copy of completed and confirmed by the executive director tax return 990 prior to it being submitted.”

Pt VI, Line 6

“Voting of the board of trustees by ballot provided to each eligible member.”

Pt VI, Line 7A

“no entry”

Form 990, Part IX, Line 24E

“BANK CHARGES 80.”

Form 990, Part IX, Line 24E

“Merchant credit card fees 24312.”

Form 990, Part IX, Line 24E

“Cirriculum materials 127875.”

Form 990, Part IX, Line 24E

“Online service fees 7117.”

Form 990, Part IX, Line 24E

“Payroll service fees 1477.”

Form 990, Part IX, Line 24E

“Cyber security expense 2500.”

Form 990, Part IX, Line 24E

“POSTAGE & DELIVERY 145.”

Form 990, Part IX, Line 24E

“TAXES & LICENSES 403.”

Form 990, Part IX, Line 24E

“WEBSITE EXPENSE 6478.”

Form 990, Part IX, Line 24E

“GRAPHIC DESIGN 1345.”

Form 990, Part IX, Line 24E

“MATH ADJ-ROUNDING -2.”

Raw XML AppendixShowing 400 of 435 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04350
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09623
IRS990/AccountsReceivableGrp/BOYAmt0129791
IRS990/AccountsReceivableGrp/EOYAmt042840
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF PRMA IS TO IMPROVE ADVICE, COVERAGE AND SERVICE PROVIDED TO THE HIGH NET WORTH INSURANCE CONSUMER THROUGH EDUCATION AND INCREASED AWARENESS.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt082654
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt0171730
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt046900
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LISA A BROWN
IRS990/BooksInCareOfDetail/PhoneNum09177694759
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0111 HAWTHORN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW BEDFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002740
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt061096
IRS990/CashNonInterestBearingGrp/EOYAmt0184488
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0151923
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
IRS990/ConferencesMeetingsGrp/TotalAmt0189570
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt046900
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt020
IRS990/CYOtherExpensesAmt0472583
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0913688
IRS990/CYRevenuesLessExpensesAmt077964
IRS990/CYSalariesCompEmpBnftPaidAmt0316261
IRS990/CYTotalExpensesAmt0835744
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0913708
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0143121
IRS990/DeferredRevenueGrp/EOYAmt0153550
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SET-UP AND MAINTENANCE OF THE ORGANIZATIONS WEBSITE. PROMOTION AND MANAGEMENT OF NEW AND RENEWAL MEMBERSHIPS. DEVELOPMENT AND EXECUTION OF EDUCATIONAL AND INFORMATION RESOURCES TO MEMBERS. CURRENT OFFERINGS INCLUDED THE PRMA INSIGHT SERIES - A MONTHLY WEBINAR WHERE EXPERTS IN THE INSURANCE INDUSTRY ARE INVITED TO GUEST LECTURE FOLLOWED BY A QUESTION AND ANSWER PERIOD WHICH ENCOURAGES AN INTERACTIVE LEARNING EXPERIENCE; CLIENT EXPERIENCE PLATFORM - PROVIDES MEMBERS WITH ACCESS TO NET PROMOTER SCORE (NPS) SOFTWARE TO MEASURE THE CLIENT EXPERIENCE/CLIENT SATISFACTION WITHIN THEIR ORGANIZATION; THOUGHT LEADERSHIP - SURVEYS AND CONTENT CREATION THROUGH ARTICLES AND BLOGS TO HELP MEMBERS RAISE AWARENESS ABOUT THE BENEFITS OF WORKING WITH A SPECIALIST.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt014769
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt0165
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0LISA A LINDSAY
IRS990/Form990PartVIISectionAGrp/PersonNm1ROSS BUCHMUELLER
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES P KANE
IRS990/Form990PartVIISectionAGrp/PersonNm3GARY J PASTERNACK
IRS990/Form990PartVIISectionAGrp/PersonNm4SUSAN OGRODNIK SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT COURTMANCHE
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIAM GATEWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm7FRANCES OBRIEN
IRS990/Form990PartVIISectionAGrp/PersonNm8KIMBERLEE CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm9BRYANT KOLLE
IRS990/Form990PartVIISectionAGrp/PersonNm10PATRICIA LEBON
IRS990/Form990PartVIISectionAGrp/PersonNm11PATIENCE MARMER
IRS990/Form990PartVIISectionAGrp/PersonNm12JASON OTT
IRS990/Form990PartVIISectionAGrp/PersonNm13MARY RUSSELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0151923
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR & TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT & TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0913708
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt02261
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt07235
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF PRMA IS TO IMPROVE ADVICE, COVERAGE AND SERVICE PROVIDED TO THE HIGH NET WORTH INSURANCE CONSUMER THROUGH EDUCATION AND INCREASED AWARENESS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0156575
IRS990/NetAssetsOrFundBalancesEOYAmt0194154
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt031
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0138033
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt026305
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030000
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0LISA A LINDSAY
IRS990/PriorPeriodAdjustmentsAmt0-40385
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0813910
IRS990/ProgramServiceRevenueGrp/BusinessCd1813910
IRS990/ProgramServiceRevenueGrp/BusinessCd2813910
IRS990/ProgramServiceRevenueGrp/BusinessCd3813910
IRS990/ProgramServiceRevenueGrp/BusinessCd4813910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc2SUMMIT REVENUES
IRS990/ProgramServiceRevenueGrp/Desc3CPRIA EDUCATION REVENUES
IRS990/ProgramServiceRevenueGrp/Desc4MEMBER - NPS FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0235039
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1175405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2133770
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3364474
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CHARTERED PRIVATE RISK AND INSURANCE ADVISOR (CPRIA) CERTIFICATE IS AN ONLINE CERTIFICATION PROGRAM SPECIFICALLY DEVELOPED FOR PROFESSIONALS IN RISK MANAGEMENT, CPRIA AIMS TO BROADEN KNOWLEDGE AND ENABLE PARTICIPANTS TO BETTER ADVISE CLIENTS AND PROVIDE YOU WITH SPECIALIZED SOLUTIONS TO COMPLEX INDUSTRY ISSUES. THE CERTIFICATION PROGRAM WAS LAUNCHED IN MAY OF 2015 AND CURRENTLY HAS OVER 400 PARTICIPANTS AND OVER 897 GRADUATES. THE ADVANCED CHARTERED PRIVATE RISK AND INSURANCE ADVISOR (ACPRIA) CERTIFICATION WAS LAUCNED IN NOVEMBER OF 2018 AND HAS 30 PARTICIPANTS. THE ACPRIA PROGRAM PROVIDES AN OPPORTUNITY TO FURTHER PARTICIPANTS KNOWLEDFE AND RAISE THEIR PROFESSIONAL PROFILE THROUGH A THOUGHT LEADERSHIP PROGRAM COMPRISED OF PEER GROUP COLLABORATION AND INDIVIDUAL RESEARCH. DEVELOPMENT OF THE INTRODUCTION TO FAMILY OFFICE RISK MANAGEMENT WAS DEVELOPED FOR LAUNCH IN JUNE 2019.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ASSOCIATION OFFERS AN ANNUAL SUMMIT, A TWO-DAY EDUCATIONAL CONFERENCE, TO MEMBERS AND NON-MEMBERS. THE SUMMIT PROVIDES ACCESS TO SUBJECT MATTER EXPERTS IN THE HIGH NET WORTH PERSONAL RISK MANAGEMENT NICHE IN GENERAL, BREAK-OUT AND ROUND-TABLE SESSIONS. NOVEMBER 2019 MARKED THE 6TH ANNUAL SUMMIT. SUMMIT ATTENDANCE HAS INCREASED YEAR OVER YEAR.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt0564418
IRS990/PYProgramServiceRevenueAmt0832441
IRS990/PYRevenuesLessExpensesAmt0-4540
IRS990/PYSalariesCompEmpBnftPaidAmt0272578
IRS990/PYTotalExpensesAmt0836996
IRS990/PYTotalRevenueAmt0832456
IRS990/ReconcilationRevenueExpnssAmt077964
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0156575
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0194154
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0108159
IRS990/SavingsAndTempCashInvstGrp/EOYAmt099999
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0151923
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0151923
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LISA A LINDSAY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0151923
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0151923
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF TRUSTEES RECEIVE A COPY OF COMPLETED AND CONFIRMED BY THE EXECUTIVE DIRECTOR TAX RETURN 990 PRIOR TO IT BEING SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOTING OF THE BOARD OF TRUSTEES BY BALLOT PROVIDED TO EACH ELIGIBLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2no entry
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES 80.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MERCHANT CREDIT CARD FEES 24312.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CIRRICULUM MATERIALS 127875.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ONLINE SERVICE FEES 7117.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYROLL SERVICE FEES 1477.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CYBER SECURITY EXPENSE 2500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9POSTAGE & DELIVERY 145.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TAXES & LICENSES 403.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11WEBSITE EXPENSE 6478.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12GRAPHIC DESIGN 1345.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MATH ADJ-ROUNDING -2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0304046
IRS990/TotalAssetsEOYAmt0357327
IRS990/TotalAssetsGrp/BOYAmt0304046
IRS990/TotalAssetsGrp/EOYAmt0357327
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0835744
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0147471
IRS990/TotalLiabilitiesEOYAmt0163173
IRS990/TotalLiabilitiesGrp/BOYAmt0147471
IRS990/TotalLiabilitiesGrp/EOYAmt0163173
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0156575
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0194154
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0913688
IRS990/TotalReportableCompFromOrgAmt0151923
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0913708
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0913708
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0304046
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0357327
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt04168
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 9208
IRS990/USAddress/CityNm0FALL RIVER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002720
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$357,327
Liabilities
$163,173
Net assets
$194,154
Revenue
$913,708
Expenses
$835,744
Net income
$77,964
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.22$1.07$2.04$1.73$0.31
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.25$0.77$1.61$1.42$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.73$0.15$0.58$1.25$1.15$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.23$0.50$1.05$0.89$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.20$0.39$0.84$0.69$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.36$0.16$0.19$0.91$0.84$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.15$0.16$0.83$0.84$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.12$0.16$0.76$0.72$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.01$0.12$0.67$0.71$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.05$0.16$0.45$0.41$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.04$0.12$0.27$0.14$0.12
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00