Designs, manufactures, and sells custom computer keyboards, proximity switches, security alarm components and systems, pool access alarms, water sensors, electronic switching devices, high-security switches, and cable/wire installation tools, primarily serving security distributors and OEMs.

# George Risk Industries, Inc.

## Company
- Incorporated in Colorado in 1967.

## Core business and product lines
Designs, manufactures, and sells:
- Custom computer keyboards
- Proximity switches
- Security alarm components and systems
- Pool access alarms
- EZ Duct wire covers
- Water sensors
- Electronic switching devices
- High security switches
- Cable and wire installation tools

## Major market divisions and customers

Security sales division
- Represents approximately 96% of net revenues.
- Serves roughly 1,000 customers, primarily distributors, dealers, and installers.
- Key distributors:
  - ADI Global Distribution, LLC: ~37.1% of security division sales; written agreement signed February 2011.
  - Anixter, Inc.: ~23.5% of security division sales.

Keyboard and proximity switch division
- Serves approximately 300 customers.
- Products are sold to original equipment manufacturers (OEMs) to specifications and to distributors of off-the-shelf proprietary keyboards.

## Competition
- Security/burglar alarm line competes with about six major competitors.
- Keyboard and proximity products compete with larger companies that use automated production facilities.
- GRI focuses on small custom orders and differentiates on price, design, quality, customization, and US-made products.

## Research and development
- Customer-specific development costs are borne by the customer.
- Internal R&D supports new product development.
- New product development costs are expensed as incurred.

## Employees
- Approximately 190 employees company-wide.

## Cybersecurity
- IT Manager monitors for malware, ransomware, and other threats.
- Works with a third-party IT service provider (Five Nines).
- CEO updates the audit committee as needed.
- The board and audit committee are informed of cybersecurity incidents that have a moderate or higher business impact.

## Properties and facilities
- Kimball, Nebraska plant: ~50,000 sq ft.
- Additional facilities:
  - 7,500 sq ft warehouse purchased June 2017 (cable/wiring division).
  - 9,600 sq ft building purchased April 2020 (expansion).
  - 15,000 sq ft building purchased November 2019 (previously leased from Bonita Risk; Bonita Risk is a director of the company).
- Gering, Nebraska facility: 7,200 sq ft building used for manufacturing; current personnel at Gering site: ~34 employees.

## Legal proceedings
- None disclosed.

## Safety disclosures
- Not applicable.

George Risk Industries, Inc. specializes in the design and manufacture of security and electronic products, including alarm systems, with a workforce of approximately 185 employees.

# George Risk Industries, Inc.

## Company profile
- Incorporated: 1967 in Colorado  
- Employees: Approximately 185  
- Locations: Main operations in Kimball, Nebraska; additional manufacturing facility in Gering, Nebraska.

## Core business activities
George Risk Industries designs, manufactures, and sells a range of security and electronic products.

1. Computer keyboards
   - Serves approximately 300 customers.
   - Products are custom designed for original equipment manufacturers and distributed through channels of off-the-shelf proprietary designs.

2. Proximity switches
   - Operates in a market with larger competitors that use automated production.
   - Focuses on small custom orders to fill niche needs.

3. Security alarm components and systems
   - Represents approximately 96.0% of total net revenues.
   - Serves about 1,000 customers, including major distributors and alarm dealers/installers.
   - Key customers:
     - Ademco, Inc. (37.7% of sales)
     - Anixter, Inc. (23.5% of sales)
   - A formal written agreement with Ademco covers various product and purchasing terms.

4. Pool access alarms  
5. Water sensors  
6. Electronic switching devices  
7. High security switches  
8. Wire and cable installation tools

## Financial summary
- The security segment, including products related to burglar alarms and security systems, provides the majority of the company's revenue.

## Research and development
- Conducts R&D in response to customer needs; customers often cover associated costs.
- Maintains internal R&D activities to support new product development.

## Cybersecurity measures
- Monitors systems through in-house IT staff and an external service provider, Five Nines.
- Provides ongoing employee training and follows best practices to reduce cybersecurity risks.

## Facilities
- Main facility, Kimball, Nebraska: 50,000 sq. ft.  
- Kimball warehouse: 7,500 sq. ft.  
- Kimball expansion facility: 9,600 sq. ft.  
- Office building purchased to consolidate operations.  
- Gering manufacturing facility: 7,200 sq. ft., with approximately 37 employees.

## Legal status
- No legal proceedings reported.

## Summary
George Risk Industries operates in the security products niche, maintains relationships with major customers, employs a dedicated workforce, and invests in R&D and cybersecurity.

GEORGE RISK INDUSTRIES, INC.

10-K / August 7, 2026

10-K / July 31, 2024

10-K / August 7, 2026

George Risk Industries, Inc.

Company

Core business and product lines

Major market divisions and customers

Competition

Research and development

Employees

Cybersecurity

Properties and facilities

Legal proceedings

Safety disclosures