Civic Intelligence

Weather Risk Management Association

990 • Fiscal year 2020 • EIN 52-2181249

Jan 01, 2020 to Dec 31, 2020 • Filed on May 12, 2021

Organization ProfileWWW.WRMA.ORG
529 14th Street NW No 750Washington, DC 20045

(202) 289-3800

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Higher debt load relative to assets than 47% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

48th percentile

0.00x

Higher debt load relative to revenue than 48% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

23rd percentile

-18%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

19th percentile

-18%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

-15%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$203,798

Down $43,917 (-18%) from 2019

Net Assets

Down

$203,551

Down $13,373 (-6.2%) from 2019

Liabilities

Down

$247

Down $30,544 (-99%) from 2019

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin23rd percentile

Revenue

Down

$107,693

Down $18,398 (-15%) from 2019

Expenses

Down

$127,528

Down $45,505 (-26%) from 2019

Net Income

Up

-$19,835

Up $27,107 (+58%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$300K$200K$100K$0Assets 2010: $172,511Liabilities 2010: $18,926Net Assets 2010: $153,5852010Assets 2011: $220,545Liabilities 2011: $61,140Net Assets 2011: $159,4052011Assets 2012: $234,199Liabilities 2012: $57,473Net Assets 2012: $176,7262012Assets 2013: $234,640Liabilities 2013: $37,658Net Assets 2013: $196,9822013Assets 2014: $294,546Liabilities 2014: $63,648Net Assets 2014: $230,8982014Assets 2015: $281,732Liabilities 2015: $41,421Net Assets 2015: $240,3112015Assets 2016: $246,455Liabilities 2016: $17,057Net Assets 2016: $229,3982016Assets 2017: $282,351Liabilities 2017: $20,248Net Assets 2017: $262,1032017Assets 2018: $283,103Liabilities 2018: $19,237Net Assets 2018: $263,8662018Assets 2019: $247,715Liabilities 2019: $30,791Net Assets 2019: $216,9242019Assets 2020: $203,798Liabilities 2020: $247Net Assets 2020: $203,5512020Assets 2021: $172,650Liabilities 2021: $32,548Net Assets 2021: $140,1022021Assets 2022: $157,174Liabilities 2022: $16,335Net Assets 2022: $140,8392022Assets 2023: $238,823Liabilities 2023: $52,679Net Assets 2023: $186,1442023Assets 2024: $127,373Liabilities 2024: $13,000Net Assets 2024: $114,3732024

Highlighted filing

2020

Assets$203,798
Liabilities$247
Net Assets$203,551
Open 2020 Filing

Operations Trend

Revenue Growth57th percentile

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

$400K$200K$0-$200KExpenses 2010: $264,1442010Expenses 2011: $301,6292011Expenses 2012: $220,9892012Revenue 2013: $240,658Expenses 2013: $220,402Net Income 2013: $20,2562013Revenue 2014: $222,355Expenses 2014: $188,439Net Income 2014: $33,9162014Revenue 2015: $201,095Expenses 2015: $191,682Net Income 2015: $9,4132015Revenue 2016: $194,007Expenses 2016: $202,278Net Income 2016: -$8,2712016Revenue 2017: $213,574Expenses 2017: $182,427Net Income 2017: $31,1472017Revenue 2018: $230,616Expenses 2018: $228,853Net Income 2018: $1,7632018Revenue 2019: $126,091Expenses 2019: $173,033Net Income 2019: -$46,9422019Revenue 2020: $107,693Expenses 2020: $127,528Net Income 2020: -$19,8352020Revenue 2021: $76,368Expenses 2021: $136,472Net Income 2021: -$60,1042021Revenue 2022: $182,795Expenses 2022: $182,058Net Income 2022: $7372022Revenue 2023: $260,742Expenses 2023: $215,437Net Income 2023: $45,3052023Revenue 2024: $272,874Expenses 2024: $344,645Net Income 2024: -$71,7712024

Highlighted filing

2020

Revenue$107,693
Expenses$127,528
Net Income-$19,835
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.1
Gross Receipts
$107,693
Mission and Program Overview

Mission

Refer to form 990, part i, line 1

The purpose of weather risk managment association is to promote and advance the industry of weather risk management; to educate all members and keep the industry strong and viable; to provide a forum where members and others may meet and discuss opportunities, topics, and issues within the industry; and to promote the understanding of sound business practices and support the common interests of the membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$137,693$137,794▲ $101
Cash and Non-Interest-Bearing Accounts$95,725$61,519▼ $34,206
Accounts Receivable$4,876$0▼ $4,876
Intangible Assets$8,537$3,658▼ $4,879
Prepaid Expenses and Deferred Charges$884$827▼ $57
Total Assets$247,715$203,798▼ $43,917
Liabilities
Deferred Revenue$26,480$0▼ $26,480
Accounts Payable and Accrued Expenses$4,311$247▼ $4,064
Total Liabilities$30,791$247▼ $30,544
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$216,924$203,551▼ $13,373
Total Net Assets Fund Balance$216,924$203,551▼ $13,373
Total Liabilities and Net Assets / Fund Balance$247,715$203,798▼ $43,917
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
Ralph RennerPast President
Claire WilkinsonPresident
David WhiteheadVice President
Bill WindleDirector
Carsten TellerDirector
Chris ChamberlainDirector
Claude BrownDirector
Luca PontecorviDirector
Marcel-steffen ReifDirector
Paul RamizDirector
Tanguy TouffutDirector
Lesley NdlovuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$72,910
Program Service Revenue
$34,672
Investment Income
$111
Other Revenue
$0
Change in Net Assets
$-19,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$127,528
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$84,000
Conferences and Meetings---$23,948
Information Technology---$4,993
Depreciation Depletion---$4,878
Insurance---$1,297
Other Expenses---$319
Total Functional Expenses$0$0$0$127,528
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has delegated this responsibility to the kellen company.”

Form 990, Part VI, Section B, Line 11B

“Appropriate members of management company and board review tax return. Not all members of board review tax returns.”

Form 990, Part VI, Section C, Line 19

“All documentation is located at the organization's office and is available upon request.”

Filing and Contact Details

Filer

Filer Name
Weather Risk Management Association
EIN
52-2181249
Phone
2022893800
Address
529 14TH STREET NW NO 750, WASHINGTON, DC 20045

Signing Officer

Name
Tim Bennett
Title
Authorized Signer
Phone
2022893800
Signed
2021-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Bennett
Formed
1999
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Williams Benator & Libby Llp
Address
1040 CROWN POINTE PKWY STE 400, ATLANTA, GA 30338
Preparer
David a Nash CPA
Phone
7705120500
Raw XML Appendix337 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.

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IRS990/ActivityOrMissionDesc0THE PURPOSE OF WEATHER RISK MANAGMENT ASSOCIATION IS TO PROMOTE AND ADVANCE THE INDUSTRY OF WEATHER RISK MANAGEMENT; TO EDUCATE ALL MEMBERS AND KEEP THE INDUSTRY STRONG AND VIABLE; TO PROVIDE A FORUM WHERE MEMBERS AND OTHERS MAY MEET AND DISCUSS OPPORTUNITIES, TOPICS, AND ISSUES WITHIN THE INDUSTRY; AND TO PROMOTE THE UNDERSTANDING OF SOUND BUSINESS PRACTICES AND SUPPORT THE COMMON INTERESTS OF THE MEMBERSHIP.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DELEGATED THIS RESPONSIBILITY TO THE KELLEN COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1APPROPRIATE MEMBERS OF MANAGEMENT COMPANY AND BOARD REVIEW TAX RETURN. NOT ALL MEMBERS OF BOARD REVIEW TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTATION IS LOCATED AT THE ORGANIZATION'S OFFICE AND IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalRevenueGrp/ExclusionAmt0111
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0107693
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$203,798
Liabilities
$247
Net assets
$203,551
Revenue
$107,693
Expenses
$127,528
Net income
-$19,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.13$1.14$2.73$3.45$0.72
2023Detailed filing. Detailed filing data is available for this year.$2.39$0.53$1.86$2.61$2.15$0.45
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.16$1.41$1.83$1.82$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.73$0.33$1.40$0.76$1.36$0.60
2020Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$1.08$1.28$0.20
2019Detailed filing. Detailed filing data is available for this year.$2.48$0.31$2.17$1.26$1.73$0.47
2018Detailed filing. Detailed filing data is available for this year.$2.83$0.19$2.64$2.31$2.29$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.82$0.20$2.62$2.14$1.82$0.31
2016Detailed filing. Detailed filing data is available for this year.$2.46$0.17$2.29$1.94$2.02$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.82$0.41$2.40$2.01$1.92$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.95$0.64$2.31$2.22$1.88$0.34
2013Detailed filing. Detailed filing data is available for this year.$2.35$0.38$1.97$2.41$2.20$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.57$1.77$2.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.61$1.59$3.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.19$1.54$2.64