FOCUS MARINES FOUNDATION (EIN 272081900) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Principal Officer

TIMOTHY L SIMS

Phone

3142434140

Tax Period

2024-01-01 to 2024-12-31

FOCUS MARINES FOUNDATION, founded in 2010, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 56% operating margin.

Mission

TO DEVELOP AND ADMINISTER PROGRAMS FOR WOUNDED WARRIORS.

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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 $1,789,850

Program Service Revenue $0

Investment Income $172,852

Other Revenue $82,118

TOTAL REVENUE $2,044,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,963

Fundraising Expenses $157,501

Program Expenses $716,095

Other Expenses $677,109

TOTAL EXPENSES $903,072

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,044,820	$1,306,325	+0.6%
Expenses	$903,072	$873,594	+0.0%
Net Income	$1,141,748	$432,731	+1.6%

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

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

$191,499

Total Directors

$191,499

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES SCOTT	DIRECTOR	7.00	Director	$0	$0	$0
MICKEY DRAKE	DIRECTOR	7.00	Director	$0	$0	$0
TOM FISCHER	DIRECTOR	5.00	Director	$0	$0	$0
TOM ILGES	DIRECTOR	7.00	Director	$0	$0	$0
WENDELL WEBB	DIRECTOR	4.00	Director	$0	$0	$0
JACK QUINN	DIRECTOR	3.00	Director	$0	$0	$0
DENNIS SIMPSON	DIRECTOR	8.00	Director	$0	$0	$0
MICHAEL JORGENSEN	DIRECTOR	5.00	Director	$0	$0	$0
GREGORY MUFFLER	DIRECTOR	5.00	Director	$0	$0	$0
NORM HARRIMAN	DIRECTOR	10.00	Director	$0	$0	$0
WALT SUHRE	CHAIRMAN	3.00	Officer Director	$0	$0	$0
TIM SIMS	TREASURER	5.00	Officer Director	$0	$0	$0
HARRY HEGGER	VICE CHAIRMAN	7.00	Officer Director	$0	$0	$0
JOHN BRAUER	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
STACY PENNINGROTH	SECRETARY OF THE BOARD	40.00	Officer Director	$56,083	$0	$56,083
JENNIFER JEFFERSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$72,133	$0	$72,133
HOLLY A KLAESNER	DEVELOPMENT COORDINATOR	40.00	Officer Director	$63,283	$0	$63,283

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	$2,044,820	$903,072	$5,824,364	$1,141,748
2023	$1,306,325	$873,594	$4,535,642	$432,731
2022	$1,316,363	$762,284	$3,727,943	$554,079
2021	$1,136,583	$475,843	$3,711,514	$660,740
2020	$1,576,812	$490,720	$2,968,552	$1,086,092
2019	$870,137	$801,084	$1,849,368	$69,053
2018	$1,184,417	$607,747	$1,762,388	$576,670

FOCUS MARINES FOUNDATION