CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETY INC (EIN 341839195) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

GERALD O'KEEFE

Phone

2568358455

Tax Period

2023-10-01 to 2024-09-30

CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARM SAFETY INC, founded in 1996, is a mid-sized nonprofit in the Recreation & Sports sector that reported $22.6M in total revenue in fiscal year 2017. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5.2M, a strong 23% operating margin.

Mission

TO PROMOTE THE INSTRUCTION OF RIFLE MARKSMANSHIP AND FIREARMS SAFETY, TO CONDUCT FIREARMS COMPETITIONS, AND TO SPONSOR FIREARMS SAFETY AND MARKSMANSHIP RELATED PROGRAMS WITH EMPHASIS ON YOUTH.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,682,671

Program Service Revenue $2,059,621

Investment Income $61,632,433

Other Revenue $329,208

TOTAL REVENUE $92,703,933

Expense Breakdown

Grants Paid $344,619

Salaries & Benefits $12,780,183

Fundraising Expenses $0

Program Expenses $26,124,446

Other Expenses $21,892,475

TOTAL EXPENSES $35,017,277

Year-over-Year Comparison

	2023	2022	Change
Revenue	$92,703,933	$46,878,271	+1.0%
Expenses	$35,017,277	$34,476,964	+0.0%
Net Income	$57,686,656	$12,401,307	+3.7%

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

256

Volunteers

N/A

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

$682,141

Total Directors

$975,564

Key Employees

$735,108

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALD B O'KEEFE	CHAIRMAN/CEO	40.00	Officer Director	$623,641	$0	$623,641
CARMEN ALLEGRA	VICE-CHAIRMAN	20.00	Officer Director	$26,500	$0	$26,500
LAUNI MEILI	SECRETARY	2.00	Director	$35,500	$0	$35,500
REGINA CHAVIS	DIRECTOR	2.00	Director	$32,000	$0	$32,000
EDWARD NEWELL II	DIRECTOR	2.00	Director	$30,500	$0	$30,500
JOHN CARSON	DIRECTOR	2.00	Director	$32,000	$0	$32,000
GARY CHEEK	TREASURER	20.00	Officer Director	$32,000	$0	$32,000
MARK HOUSE	DIRECTOR	2.00	Director	$30,500	$0	$30,500
DAN DURBEN	DIRECTOR	2.00	Director	$33,500	$0	$33,500
GARY ANDERSON	DIRECTOR EMERITUS	2.00	Director	$99,423	$0	$99,423
FABIAN LOBERA	CHIEF FINANCIAL OFFICER	40.00	Key Emp	$128,131	$0	$128,131
WILLIE DANTZLER	CHIEF TECHNOLOGY OFFICER	40.00	Key Emp	$192,500	$0	$192,500
CHRISTOPHER HORD	CHIEF PRODUCT OFFICER	40.00	Key Emp	$118,665	$0	$118,665
GREG RAINES	CHIEF COMMERCIAL OFFICER	40.00	Key Emp	$136,615	$0	$136,615
CHRISTIE SEWELL	CHIEF PROGRAMS OFFICER	40.00	Key Emp	$159,197	$0	$159,197

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	$92,703,933	$35,017,277	$373,660,364	$57,686,656
2023	$46,878,271	$34,476,964	$323,224,862	$12,401,307
2022	$54,903,272	$35,692,585	$289,500,551	$19,210,687
2021	$40,102,940	$29,330,661	$317,546,538	$10,772,279
2020	$32,208,811	$23,669,943	$280,243,953	$8,538,868
2019	$24,730,352	$18,687,558	$262,376,867	$6,042,794
2018	$22,635,695	$17,412,734	$251,514,633	$5,222,961

CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETY INC