AMERICAN SECURITY PROJECT

EIN: 204079553 501(c)(3) Public & Societal Benefit

WASHINGTON, DC

Total Revenue
$1,662,436
Total Expenses
$750,155
Total Assets
$2,036,962
Net Assets
$1,196,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
DC
Principal Officer
MATTHEW WALLIN
Phone
2023474267
Tax Period
2024-01-01 to 2024-12-31

AMERICAN SECURITY PROJECT, founded in 2006, is a community nonprofit in the Public & Societal Benefit sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 140% from the prior year, signaling strong growth momentum. The organization ran a surplus of $912K, a strong 55% operating margin.

Mission

THE ORGANIZATIONS EXEMPT PURPOSE IS TO FOSTER KNOWLEDGE AND UNDERSTANDING OF A RANGE OF NATIONAL SECURITY AND FOREIGN POLICY ISSUES.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,662,606
Program Service Revenue $0
Investment Income $-209
Other Revenue $39
TOTAL REVENUE $1,662,436

Expense Breakdown

Grants Paid $0
Salaries & Benefits $318,075
Fundraising Expenses $33,627
Program Expenses $583,129
Other Expenses $432,080
TOTAL EXPENSES $750,155

Year-over-Year Comparison

2024 2023 Change
Revenue $1,662,436 $693,406 +1.4%
Expenses $750,155 $819,034 -0.1%
Net Income $912,281 $-125,628 -8.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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

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Governance

Voting Members
13
Independent Members
13
Employees
3
Volunteers
55

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
3
$159,983
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW WALLIN CEO/TREASURER 40.00
Officer
$152,667 $7,316 $159,983
NORMAN SEIP DIRECTOR,PRESIDENT 2.00
Officer Director
$0 $0 $0
GARY HART CHAIRMAN EMERITUS 0.20
Director
$0 $0 $0
STEPHEN A CHENEY PRESIDENT EMERITUS 0.50
Director
$0 $0 $0
DONALD BEYER DIRECTOR 0.20
Director
$0 $0 $0
DANIEL CHRISTMAN DIRECTOR 0.20
Director
$0 $0 $0
ROBERT B CROWE DIRECTOR 0.20
Director
$0 $0 $0
WILLIAM FALLON DIRECTOR 0.20
Director
$0 $0 $0
LEE GUNN DIRECTOR 0.20
Director
$0 $0 $0
CHUCK HAGEL DIRECTOR 0.20
Director
$0 $0 $0
CLAUDIA KENNEDY DIRECTOR 0.20
Director
$0 $0 $0
ED REILLY DIRECTOR 0.20
Director
$0 $0 $0
DAVID WADE DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE LEIGH GARLAND REID DIRECTOR 0.20
Director
$0 $0 $0
CHRISTINE TODD WHITMAN CHAIRPERSON - PARTIAL YEAR 0.20
Officer Director
$0 $0 $0
ALEJANDRO BRITO DIRECTOR - PARTIAL YEAR 0.20
Director
$0 $0 $0
LEE CULLUM DIRECTOR - PARTIAL YEAR 0.20
Director
$0 $0 $0
NELSON W CUNNINGHAM DIRECTOR - PARTIAL YEAR 0.20
Director
$0 $0 $0
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
2024 $1,662,436 $750,155 $2,036,962 $912,281
2023 $693,406 $819,034 $1,263,506 $-125,628
2022 $765,251 $893,089 $1,460,200 $-127,838
2021 $982,402 $1,330,364 $604,737 $-347,962
2020 $1,922,124 $2,153,982 $913,410 $-231,858
2019 $2,105,043 $1,320,758 $1,135,345 $784,285
2018 $612,812 $560,976 $333,122 $51,836
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