DAMASCUS INC (EIN 208398029) - 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

2007

Legal Domicile

Principal Officer

MATTHEW J SCHLATER

Phone

6145378504

Tax Period

2023-09-01 to 2024-08-31

DAMASCUS INC, founded in 2007, is a mid-sized nonprofit in the Youth Development sector that reported $10.9M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $9.9M left a modest 10% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO AWAKEN, EMPOWER AND EQUIP A GENERATION TO LIVE THE ADVENTURE OF THE CATHOLIC FAITH THROUGH WORLD-CLASS PROGRAMS AND AN ENVIRONMENT OF ENCOUNTER. THROUGH ITS PROGRAMS, RETREATS AND GENERAL OUTREACH, THE ORGANIZATION WAS ABLE TO IMPACT OF 10,000 INDIVIDUALS DURING THE FISCAL YEAR.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $4,962,986

Program Service Revenue $5,388,333

Investment Income $256,400

Other Revenue $324,501

TOTAL REVENUE $10,932,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,219,617

Fundraising Expenses $798,697

Program Expenses $8,681,921

Other Expenses $4,637,984

TOTAL EXPENSES $9,857,601

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,932,220	$9,623,656	+0.1%
Expenses	$9,857,601	$9,296,695	+0.1%
Net Income	$1,074,619	$326,961	+2.3%

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

348

Volunteers

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

$291,434

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW SCHLATER	BOARD CHAIRPERSON	5.00	Officer Director	$0	$0	$0
JIM STUCKO	BOARD SECRETARY	5.00	Officer Director	$0	$0	$0
CHRIS MEYERS	BOARD VICE-CHAIR	5.00	Officer Director	$0	$0	$0
BEN SCHLATER	BOARD TREASURER	5.00	Officer Director	$0	$0	$0
FR DAVID SIZEMORE	BOARD MEMBER	5.00	Director	$0	$0	$0
FR DAVE PIVONKA	BOARD MEMBER	5.00	Director	$0	$0	$0
COLE ELLIS	BOARD MEMBER	5.00	Director	$0	$0	$0
BEN HARTINGS	BOARD MEMBER	5.00	Director	$0	$0	$0
MICHAEL DANDREA	BOARD MEMBER	5.00	Director	$0	$0	$0
DAVID BIANCONI	BOARD MEMBER	5.00	Director	$0	$0	$0
LORI HAMROCK	BOARD MEMBER	5.00	Director	$0	$0	$0
BYRNES LAMBERT	BOARD MEMBER	5.00	Director	$0	$0	$0
DR JENNY MAPLE	BOARD MEMBER	5.00	Director	$0	$0	$0
MARC HAWK	BOARD MEMBER	5.00	Director	$0	$0	$0
DANIEL DEMATTE	EXECUTIVE DIRECTOR - MISSI	40.00	Officer	$136,667	$8,750	$145,417
AARON RICHARDS	EXECUTIVE DIRECTOR - OPERA	40.00	Officer	$137,217	$8,800	$146,017
KEVIN ARMSHAW	NATIONAL DIRECTOR OF ADVAN	40.00	Highest	$117,375	$7,388	$124,763

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	$10,932,220	$9,857,601	$27,291,893	$1,074,619
2023	$9,623,656	$9,296,695	$26,405,263	$326,961
2022	$8,004,294	$6,845,794	$25,158,206	$1,158,500
2021	$8,487,345	$5,702,338	$24,885,717	$2,785,007
2020	$5,076,835	$3,897,276	$21,752,986	$1,179,559
2019	$5,882,316	$3,663,053	$20,727,032	$2,219,263
2018	$3,719,246	$2,362,973	$17,129,766	$1,356,273

DAMASCUS INC