Refugees United Foundation USA

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

David Mikkelsen Troensegaard

Phone

7039448228

Tax Period

2024-01-01 to 2024-12-31

Refugees United Foundation USA, founded in 2008, is a small nonprofit in the International Affairs sector that reported $384K in total revenue in fiscal year 2024. Revenue surged 226% from the prior year, signaling strong growth momentum. Expenses of $367K left a modest 5% surplus.

Mission

Everyone has the right to know where their family is. This belief is at the core of REFUNITE, a nonprofit tech organization whose mission is to reconnect refugee families across the globe with missing loved ones.

Program Service Accomplishments

Program 1

Expenses: $326,845

The Foundation funds technology and call centers to connect displaced people and refugees with missing loved ones.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $384,434

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $384,439

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $64,703

Fundraising Expenses $18,214

Program Expenses $326,845

Other Expenses $52,389

TOTAL EXPENSES $367,092

Year-over-Year Comparison

	2024	2023	Change
Revenue	$384,439	$117,850	+2.3%
Expenses	$367,092	$127,191	+1.9%
Net Income	$17,347	$-9,341	-2.9%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

$64,702

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID TROENSEGAARD	Treasurer	40.00	Director	$64,702	$0	$64,702
CHRISTOPHER MIKKELSEN	Secretary	40.00	Director	$0	$0	$0
ADAM RIFKIN	Chair	3.00	Director	$0	$0	$0
KRISTIN TITUS	Director	3.00	Director	$0	$0	$0
JOYCE PARK	Director	3.00	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	$384,439	$367,092	$29,228	$17,347
2021	$227,517	$418,678	$66,804	$-191,161
2020	$604,496	$352,439	$257,455	$252,057
2020	$604,496	$350,934	$257,455	$253,562