SUPPORT THE ENLISTED PROJECT INC (EIN 203051279) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

TONY TERAVAINEN

Phone

8586956810

Tax Period

2024-07-01 to 2025-06-30

SUPPORT THE ENLISTED PROJECT INC, founded in 2005, is a community nonprofit in the Public & Societal Benefit sector that reported $7.5M in total revenue in fiscal year 2024. Revenue surged 115% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.7M, a strong 49% operating margin.

Mission

THE MISSION OF SUPPORT THE ENLISTED PROJECT, INC., (STEP) IS TO ASSIST JUNIOR ACTIVE DUTY ENLISTED MEMBERS AND RECENTLY DISCHARGED ENLISTED VETERANS, AND THEIR FAMILIES, FACING FINANCIAL CRISIS ACHIEVE LONG TERM FINANCIAL SELF-SUFFICIENCY THROUGH COUNSELING, EDUCATION AND GRANTS TO ALLEVIATE CRITICAL NEAR TERM OBLIGATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,509,115

Program Service Revenue $0

Investment Income $58,059

Other Revenue $-26,055

TOTAL REVENUE $7,541,119

Expense Breakdown

Grants Paid $1,339,602

Salaries & Benefits $1,683,279

Fundraising Expenses $496,825

Program Expenses $2,941,309

Other Expenses $806,363

TOTAL EXPENSES $3,829,244

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,541,119	$3,511,909	+1.1%
Expenses	$3,829,244	$3,380,765	+0.1%
Net Income	$3,711,875	$131,144	+27.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

753

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$186,136

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL BOGGS	CHAIR	3.00	Officer Director	$0	$0	$0
DAVID SCHNELL	VICE CHAIR	3.00	Officer Director	$0	$0	$0
TOM EGAN	TREASURER	1.00	Officer Director	$0	$0	$0
JENNI NESBITT	SECRETARY	1.00	Officer Director	$0	$0	$0
CURT JONES	DIRECTOR	1.00	Director	$0	$0	$0
DEVIE GATICA	DIRECTOR	1.00	Director	$0	$0	$0
MIKE EVANS	DIRECTOR	1.00	Director	$0	$0	$0
GREG NAMROW	DIRECTOR	3.00	Director	$0	$0	$0
ISAAC LEE	DIRECTOR	1.00	Director	$0	$0	$0
JAMES CARMODY	DIRECTOR	1.00	Director	$0	$0	$0
JP FARNAM	DIRECTOR	1.00	Director	$0	$0	$0
TERRY MAGEE	DIRECTOR	3.00	Director	$0	$0	$0
ANTHONY TERAVAINEN	CEO/PRESIDENT	40.00	Officer	$186,136	$0	$186,136
KATHI BRADSHAW	VICE PRESIDENT	40.00	Highest	$137,200	$0	$137,200

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$7,541,119	$3,829,244	$9,009,475	$3,711,875
2024	$3,511,909	$3,380,765	$2,841,688	$131,144
2023	$4,313,137	$3,265,024	$2,798,660	$1,048,113
2022	$2,679,000	$2,497,929	$1,459,918	$181,071
2021	$2,848,627	$2,272,931	$1,393,507	$575,696
2020	$2,337,596	$2,267,688	$831,320	$69,908
2019	$1,843,253	$1,807,221	$598,030	$36,032
2018	$1,898,525	$1,822,604	$550,764	$75,921

SUPPORT THE ENLISTED PROJECT INC