NT 10-K

                        UNITED STATES
                 SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C. 20549

                          Form 12b-25

                  NOTIFICATION OF LATE FILING

   [X] Form 10-KSB  [ ] Form 10-K  [ ] Form 20-F
   [ ] Form 11-K    [ ] Form 10-Q  [ ] Form N-SAR

    For Period Ended: April 30, 2002
       [ ] Transition Report on Form 10-K
       [ ] Transition Report on Form 20-F
       [ ] Transition Report on Form 11-K
       [ ] Transition Report on Form 10-Q
       [ ] Transition Report on Form N-SAR
    For the Transition Period Ended:

If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates:

PART I - REGISTRANT INFORMATION
George Risk Industries, Inc.
(Full Name of Registrant)

N/A
Former Name if Applicable

802 South Elm Street
Address of Principal Executive Office (Street and Number)

Kimball, Nebraska   69145
City, State and Zip Code

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed. (Check box if
appropriate)

      (a) The reasons described in reasonable detail in Part III
          of this form could not be eliminated without unreason-
          able effort or expense;
      (b) The subject annual report, semi-annual report, transi-
          tion report on form 10K-SB, Form 10-K, Form 20-F, 11-K,
          Form N-SAR, or portion thereof, will be filed on or be-
[X]       fore the fifteenth calendar day following the prescribed
          due date; or the subject quarterly report of transition
          report on Form 10-Q, or portion thereof will be filed on
          or before the fifth calendar day following the precribed
          due date; and
      (c) The accountant's statement or other exhibit required
          by Rule 12b-25(c) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable detail the reasons why the Form 10-KSB,
10-K, 10-Q, N-SAR, or the transition report or portion thereof,
could not be filed within the prescribed time period. (Attach
Extra Sheets if Needed)

Additional time is required to obtain certain audit evidence to
complete the audit, issue the report and complete Form 10-KSB.

PART IV - OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to
this notification

    Stephanie Risk              308         235-4645
       (Name)               (Area Code)   (Telephone Number)

(2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company act of 1940 during the preceding 12 months (or
for such shorter) period that the registrant was required to file
such reports) been filed? If answer is no, identify report(s).
                                                [X] Yes   [ ] No

(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year
will be reflected by the earning statements to be included in the
subject report of portion thereof?              [ ] Yes   [X] No

If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made.




                   GEORGE RISK INDUSTRIES, INC.
           (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.

Date July 26, 2002          By /S/ Stephanie Risk
                            Stephanie Risk, Controller

EX-1

      Attachment to Form 12b-25 for George Risk Industries, Inc.
              For the Years Ended April 30, 2002 and 2001

                          MASON RUSSELL WEST, LLC
                       739 West Littleton Boulevard
                            Littleton, CO 80120
                               (303) 797-9101
                                FAX  795-3356


   Statement attached to Form 12b-25 of George Risk Industries, Inc.
                  For the Period Ended April 30, 2002

Additional time is needed to complete the audit and issue our opinion on the
financial statements of George Risk Industries, Inc. as of April 30, 2002.


July 26, 2002

By /S/ MASON RUSSELL WEST, LLC
Mason Russell West, LLC