NATIONAL FIELD ARCHERY ASSOCIATION FOUNDATION

EIN: 330430066 501(c)(3)

YANKTON, SD

Total Revenue
$607,323
Total Expenses
$1,096,005
Total Assets
$4,525,873
Net Assets
$4,149,895
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
CA
Principal Officer
BRUCE CULL
Phone
6052609279
Tax Period
2024-10-01 to 2025-09-30

NATIONAL FIELD ARCHERY ASSOCIATION FOUNDATION, founded in 1990, is a small nonprofit that reported $607K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 80% operating deficit.

Mission

THE FOUNDATIONS MISSION IS TO PROVIDE EDUCATION AND INFORMATION, CONCERNING FIELD ARCHERY TO THE GENERAL PUBLIC AND MEMBERS OF THE NATIONAL FIELD ARCHERY ASSOCIATION OF THE UNITED STATES. THE COMPANY ALSO PROVIDES SCHOLARSHIPS TO WORTHY APPLICANTS AND A MUSEUM FOR HISTORICAL INFORMATION.

Program Service Accomplishments

Program 1
Expenses: $893,083 Revenue: $193,866

TO CONDUCT EDUCATIONAL PROGRAMS DESIGNED TO ACQUAINT THE GENERAL PUBLIC AND ARCHERS WITH THE USE OF THE BOW AS RECREATION SPORT AND FOR LEGAL HUNTING.

Program 2
Expenses: $44,325

THE SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS TO MEMBERS OF AN ARCHERY ORGANIZATION FOR THE USE OF HIGHER EDUCATION.

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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 $312,753
Program Service Revenue $193,866
Investment Income $25,612
Other Revenue $75,092
TOTAL REVENUE $607,323

Expense Breakdown

Grants Paid $44,325
Salaries & Benefits $344,993
Fundraising Expenses $0
Program Expenses $937,408
Other Expenses $706,687
TOTAL EXPENSES $1,096,005

Year-over-Year Comparison

2024 2023 Change
Revenue $607,323 $993,567 -0.4%
Expenses $1,096,005 $899,730 +0.2%
Net Income $-488,682 $93,837 -6.2%
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

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Governance

Voting Members
6
Independent Members
6
Employees
21
Volunteers
300

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
$188,436
Total Directors
6
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE CULL PRESIDENT 35.00
Officer Director
$100,000 $0 $100,000
BRITTANY SALONEN-GEUTHER SECRETARY 15.00
Officer
$27,644 $0 $88,436
GREG EASTON TRUSTEE 1.00
Director
$0 $0 $0
DOUG JOYCE TRUSTEE 2.00
Director
$0 $0 $0
AARON NESS TRUSTEE 1.00
Director
$0 $0 $0
BRIAN SHEFFLER VICE CHAIRMA 2.00
Officer Director
$0 $0 $0
MIKE STEVENS TRUSTEE N/A
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
2025 $607,323 $1,096,005 $4,525,873 $-488,682
2024 $993,567 $899,730 $4,883,964 $93,837
2023 $511,565 $834,483 $4,679,151 $-322,918
2022 $1,016,259 $820,890 $4,996,630 $195,369
2021 $1,080,148 $828,183 $6,149,143 $251,965
2020 $891,828 $1,198,546 $4,693,524 $-306,718
2019 $1,279,687 $1,342,593 $4,736,940 $-62,906
2018 $2,002,417 $1,390,646 $4,741,377 $611,771
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