----

----

| x | QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------|

| o | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|------------------------------------------------------------------------------------|

| Nevada                                                         | 36-2972588                       |
|----------------------------------------------------------------|-------------------------------------------------|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer  Identification No.) |

| 704 Executive Boulevard, Suite A         |         |
|------------------------------------------|--------------|
| Valley Cottage, New York                 | 10989   |
| (Address of principal executive offices) | (Zip Code)   |

| Large accelerated filer o | Accelerated filer o         |
|---------------------------|-----------------------------|
| Non-accelerated filer o   | Smaller reporting company x |

----

----

----

Index

CREDITRISKMONITOR.COM, INC

|                                                                                                | Page   |
|-----------------------------------------------------------------------------------------------------|--------|
|                                                                                                |   |
| PART I. FINANCIAL INFORMATION                                                                       |   |
|                                                                                                |   |
| Item 1. Financial Statements                                                                        |   |
|                                                                                                |   |
| Balance Sheets – March 31, 2011 (Unaudited) and December 31, 2010                             | 2      |
|                                                                                                |   |
| Statements of Income for the Three Months Ended March 31, 2011 and 2010 (Unaudited)                 | 3      |
|                                                                                                |   |
| Statements of Cash Flows for the Three Months Ended March 31, 2011 and 2010 (Unaudited)             | 4      |
|                                                                                                |   |
| Condensed Notes to Financial Statements                                                             | 5      |
|                                                                                                |   |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 7      |
|                                                                                                |   |
| Item 4. Controls and Procedures                                                                     | 10     |
|                                                                                                |   |
|                                                                                                |   |
| PART II. OTHER INFORMATION                                                                          |   |
|                                                                                                |   |
| Item 6. Exhibits                                                                                    | 10     |
|                                                                                                |   |
| SIGNATURES                                                                                          | 11     |

----

Index

Item 

CREDITRISKMONITOR

|                                                                                                |   | March 31,   |        |   | December 31, |   |
|-----------------------------------------------------------------------------------------------------|--------|-------------|-------------|--------|--------------|--------|
|                                                                                                |   | 2011        |        |   | 2010         |   |
|                                                                                                |   | (Unaudited) |        |   | (Note 1)     |   |
|                                                                                                |   |        |        |   |         |   |
| ASSETS                                                                                              |   |        |        |   |         |   |
| Current assets:                                                                                     |   |        |        |   |         |   |
| Cash and cash equivalents                                                                           |   | $           | 5,650,199   |   |         | $      | 5,642,568 |   |
| Marketable securities                                                                               |   |        | 1,205,334   |   |         |   | 1,204,234 |   |
| Accounts receivable, net of allowance                                                               |   |        | 1,608,109   |   |         |   | 1,406,865 |   |
| Other current assets                                                                                |   |        | 388,726     |   |         |   | 480,922 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| Total current assets                                                                                |   |        | 8,852,368   |   |         |   | 8,734,589 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| Property and equipment, net                                                                         |   |        | 345,264     |   |         |   | 364,360 |   |
| Goodwill                                                                                            |   |        | 1,954,460   |   |         |   | 1,954,460 |   |
| Deferred taxes on income                                                                            |   |        | 147,982     |   |         |   | 233,873 |   |
| Prepaid and other assets                                                                            |   |        | 55,084      |   |         |   | 23,225 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| Total assets                                                                                        |   | $           | 11,355,158  |   |         | $      | 11,310,507 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                          |   |        |        |   |         |   |   |   |
| Current liabilities:                                                                                |   |        |        |   |         |   |   |   |
| Deferred revenue                                                                                    |   | $           | 6,387,556   |   |         | $      | 5,997,862 |   |
| Accounts payable                                                                                    |   |        | 55,745      |   |         |   | 24,024 |   |
| Accrued expenses                                                                                    |   |        | 627,910     |   |         |   | 1,167,196 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| Total current liabilities                                                                           |   |        | 7,071,211   |   |         |   | 7,189,082 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| Other liabilities                                                                                   |   |        | 1,838       |   |         |   | 1,149 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| Total liabilities                                                                                   |   |        | 7,073,049   |   |         |   | 7,190,231 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| Stockholders’ equity:                                                                         |   |        |        |   |         |   |   |   |
| Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued                           |   |        | --          |   |         |   | -- |   |
| Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,899,462 shares |   |        | 78,994      |   |         |   | 78,994 |   |
| Additional paid-in capital                                                                          |   |        | 28,473,008  |   |         |   | 28,440,586 |   |
| Accumulated deficit                                                                                 |   |        | (24,269,893 | )      |         |   | (24,399,304 | ) |
|                                                                                                |   |        |        |   |         |   |   |   |
| Total stockholders’ equity                                                                    |   |        | 4,282,109   |   |         |   | 4,120,276 |   |
|                                                                                                |   |        |        |   |         |   |   |   |
| Total liabilities and stockholders’ equity                                                    |   | $           | 11,355,158  |   |         | $      | 11,310,507 |   |

----

Index

CREDITR

|                                                  |   | 2011   |      |   | 2010   |   |
|-------------------------------------------------------|--------|--------|-----------|--------|--------|--------|
|                                                  |   |   |      |   |   |   |
| Operating revenues                                    |   | $      | 2,439,961 |   |   | $      | 2,211,702 |   |
|                                                  |   |   |      |   |   |   |   |   |
| Operating expenses:                                   |   |   |      |   |   |   |   |   |
| Data and product costs                                |   |   | 745,347   |   |   |   | 597,767 |   |
| Selling, general and administrative expenses          |   |   | 1,434,093 |   |   |   | 1,274,148 |   |
| Depreciation and amortization                         |   |   | 41,222    |   |   |   | 27,707 |   |
|                                                  |   |   |      |   |   |   |   |   |
| Total operating expenses                              |   |   | 2,220,662 |   |   |   | 1,899,622 |   |
|                                                  |   |   |      |   |   |   |   |   |
| Income from operations                                |   |   | 219,299   |   |   |   | 312,080 |   |
| Other income, net                                     |   |   | 1,551     |   |   |   | 727 |   |
|                                                  |   |   |      |   |   |   |   |   |
| Income before income taxes                            |   |   | 220,850   |   |   |   | 312,807 |   |
| Provision for income taxes                            |   |   | (91,439   | )      |   |   | (129,331 | ) |
|                                                  |   |   |      |   |   |   |   |   |
| Net income                                            |   | $      | 129,411   |   |   | $      | 183,476 |   |
|                                                  |   |   |      |   |   |   |   |   |
| Net income per share of common stock:                 |   |   |      |   |   |   |   |   |
|                                                  |   |   |      |   |   |   |   |   |
| Basic                                                 |   | $      | 0.02      |   |   | $      | 0.02 |   |
| Diluted                                               |   | $      | 0.02      |   |   | $      | 0.02 |   |
|                                                  |   |   |      |   |   |   |   |   |
| Weighted average number of common shares outstanding: |   |   |      |   |   |   |   |   |
|                                                  |   |   |      |   |   |   |   |   |
| Basic                                                 |   |   | 7,899,462 |   |   |   | 7,889,785 |   |
| Diluted                                               |   |   | 8,363,268 |   |   |   | 8,298,814 |   |

----

Index

CRED

|                                                                              |   | 2011   |      |   | 2010   |   |
|-----------------------------------------------------------------------------------|--------|--------|-----------|--------|--------|--------|
|                                                                              |   |   |      |   |   |   |
| Cash flows from operating activities:                                             |   |   |      |   |   |   |
| Net income                                                                        |   | $      | 129,411   |   |   | $      | 183,476 |   |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |   |      |   |   |   |   |   |
| Depreciation and amortization                                                     |   |   | 41,222    |   |   |   | 27,707 |   |
| Deferred income taxes                                                             |   |   | 85,891    |   |   |   | 125,122 |   |
| Deferred rent                                                                     |   |   | 689       |   |   |   | - |   |
| Stock-based compensation                                                          |   |   | 32,422    |   |   |   | 12,884 |   |
| Unrealized gain on marketable securities                                          |   |   | (1,100    | )      |   |   | - |   |
| Changes in operating assets and liabilities:                                      |   |   |      |   |   |   |   |   |
| Accounts receivable                                                               |   |   | (201,244  | )      |   |   | (83,668 | ) |
| Other current assets                                                              |   |   | 92,196    |   |   |   | 33,746 |   |
| Prepaid and other assets                                                          |   |   | (31,859   | )      |   |   | (23,970 | ) |
| Deferred revenue                                                                  |   |   | 389,694   |   |   |   | 384,243 |   |
| Accounts payable                                                                  |   |   | 31,721    |   |   |   | 4,236 |   |
| Accrued expenses                                                                  |   |   | (539,286  | )      |   |   | (256,243 | ) |
|                                                                              |   |   |      |   |   |   |   |   |
| Net cash provided by operating activities                                         |   |   | 29,757    |   |   |   | 407,533 |   |
|                                                                              |   |   |      |   |   |   |   |   |
| Cash flows from investing activities:                                             |   |   |      |   |   |   |   |   |
| Purchase of property and equipment                                                |   |   | (22,126   | )      |   |   | (28,051 | ) |
|                                                                              |   |   |      |   |   |   |   |   |
| Net cash used in investing activities                                             |   |   | (22,126   | )      |   |   | (28,051 | ) |
|                                                                              |   |   |      |   |   |   |   |   |
| Cash flows from financing activities:                                             |   |   |      |   |   |   |   |   |
| Proceeds from exercise of stock options                                           |   |   | -         |   |   |   | 50,000 |   |
|                                                                              |   |   |      |   |   |   |   |   |
| Net cash provided by financing activities                                         |   |   | -         |   |   |   | 50,000 |   |
|                                                                              |   |   |      |   |   |   |   |   |
| Net increase in cash and cash equivalents                                         |   |   | 7,631     |   |   |   | 429,482 |   |
| Cash and cash equivalents at beginning of period                                  |   |   | 5,642,568 |   |   |   | 4,679,466 |   |
|                                                                              |   |   |      |   |   |   |   |   |
| Cash and cash equivalents at end of period                                        |   | $      | 5,650,199 |   |   | $      | 5,108,948 |   |

----

Index

ITRIS

|                                         |   | 3 Months Ended |   |
|----------------------------------------------|--------|----------------|--------|
|                                         |   | March 31,      |   |
|                                         |   | 2011           |   |   | 2010 |   |
|                                         |   |           |   |   |   |   |
| Data and product costs                       |   | $              | 3,855  |   |   | $ | 1,537 |   |
| Selling, general and administrative expenses |   |           | 28,567 |   |   |   | 11,347 |   |
|                                         |   |           |   |   |   |   |   |   |
|                                         |   | $              | 32,422 |   |   | $ | 12,884 |   |

----

Index

|                      |   |    |      |   | March 31, 2011 |   |   |    |   |   | December 31, 2010 |   |
|---------------------------|--------|---------|-----------|--------|----------------|--------|--------|---------|--------|--------|-------------------|--------|
|                      |   | Level 1 |      |   | Level 2        |   |   | Level 3 |   |   | Total             |   |   | Total |   |
|                      |   |    |      |   |           |   |   |    |   |   |              |   |   |   |   |
| Cash and cash equivalents |   | $       | 5,650,199 |   |           | $      | -      |    |   | $      | -                 |   |   | $ | 5,650,199 |   |   | $ | 5,642,568 |   |
| Marketable securities     |   |    | 1,205,334 |   |           |   | -      |    |   |   | -                 |   |   |   | 1,205,334 |   |   |   | 1,204,234 |   |
|                      |   |    |      |   |           |   |   |    |   |   |              |   |   |   |   |   |   |   |   |   |
| Total                     |   | $       | 6,855,533 |   |           | $      | -      |    |   | $      | -                 |   |   | $ | 6,855,533 |   |   | $ | 6,846,802 |   |

|                                                                 |   | 3 Months Ended |      |
|----------------------------------------------------------------------|--------|----------------|-----------|
|                                                                 |   | March 31,      |      |
|                                                                 |   | 2011           |      |   | 2010 |   |
|                                                                 |   |           |      |   |   |   |
| Weighted average number of common shares outstanding – basic   |   |           | 7,899,462 |   |   |   | 7,889,785 |   |
| Potential shares exercisable under stock option plans                |   |           | 612,500   |   |   |   | 582,500 |   |
| LESS: Shares which could be repurchased under treasury stock method  |   |           | (148,694  | ) |   |   | (173,471 | ) |
|                                                                 |   |           |      |   |   |   |   |   |
| Weighted average number of common shares outstanding – diluted |   |           | 8,363,268 |   |   |   | 8,298,814 |   |

----

Index

2

|                                             |   | March 31, |   |   | Dec. 31, |   |
|--------------------------------------------------|--------|-----------|--------|--------|----------|--------|
|                                             |   | 2011      |   |   | 2010     |   |
| Cash, cash equivalents and marketable securities |   | $         | 6,856  |   |     | $      | 6,847 |   |
| Accounts receivable, net                         |   | $         | 1,608  |   |     | $      | 1,407 |   |
| Working capital                                  |   | $         | 1,781  |   |     | $      | 1,546 |   |
| Cash ratio                                       |   |      | 0.97   |   |     |   | 0.95 |   |
| Quick ratio                                      |   |      | 1.20   |   |     |   | 1.15 |   |
| Current ratio                                    |   |      | 1.25   |   |     |   | 1.21 |   |

----

Index

|                                         |   | 3 Months Ended March 31, |      |
|----------------------------------------------|--------|--------------------------|-----------|
|                                         |   | 2011                     |      |   | 2010 |   |
|                                         |   | Amount                   |      |   | % of Total OperatingRevenues |   |   | Amount |   |   | % of Total OperatingRevenues |   |
|                                         |   |                     |      |   |   |   |   |   |   |   |   |   |
| Operating revenues                           |   | $                        | 2,439,961 |   |   |   | 100.00 | % |   | $ | 2,211,702 |   |   |   | 100.00 | % |
|                                         |   |                     |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses:                          |   |                     |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data and product costs                       |   |                     | 745,347   |   |   |   | 30.54 | % |   |   | 597,767 |   |   |   | 27.03 | % |
| Selling, general and administrative expenses |   |                     | 1,434,093 |   |   |   | 58.78 | % |   |   | 1,274,148 |   |   |   | 57.61 | % |
| Depreciation and amortization                |   |                     | 41,222    |   |   |   | 1.69 | % |   |   | 27,707 |   |   |   | 1.25 | % |
| Total operating expenses                     |   |                     | 2,220,662 |   |   |   | 91.01 | % |   |   | 1,899,622 |   |   |   | 85.89 | % |
|                                         |   |                     |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income from operations                       |   |                     | 219,299   |   |   |   | 8.99 | % |   |   | 312,080 |   |   |   | 14.11 | % |
| Other income, net                            |   |                     | 1,551     |   |   |   | 0.06 | % |   |   | 727 |   |   |   | 0.03 | % |
|                                         |   |                     |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income before income taxes                   |   |                     | 220,850   |   |   |   | 9.05 | % |   |   | 312,807 |   |   |   | 14.14 | % |
| Provision for income taxes                   |   |                     | (91,439   | ) |   |   | (3.75 | %) |   |   | (129,331 | ) |   |   | (5.85 | %) |
|                                         |   |                     |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income                                   |   | $                        | 129,411   |   |   |   | 5.30 | % |   | $ | 183,476 |   |   |   | 8.29 | % |

----

Index

----

Index

4

Item 

|   | 31.1 | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|--------|------|-----------------------------------------------------------------------------------------------------|

|   | 31.2 | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|--------|------|-----------------------------------------------------------------------------------------------------|

|   | 32.1 | Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 32.2 | Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------|

----

Index

SIGNATURES

|               |   |   | CREDITRISKMONITOR.COM, INC.                                               |
|--------------------|--------|--------|---------------------------------------------------------------------------|
|               |   |   |            (REGISTRANT) |
|               |   |   |                                                                      |
|               |   |   |                                                                      |
| Date: May 12, 2011 |   | By:    | /s/ Lawrence Fensterstock                                                 |
|               |   |   |   Lawrence Fensterstock                                              |
|               |   |   |   Chief Financial Officer &                                      |
|               |   |   |   Principal Accounting Officer                                       |

----