TIP OF THE SPEAR FOUNDATION (EIN 453000590) - 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

2011

Legal Domicile

Principal Officer

DEREK PEDERSEN

Phone

2149229033

Tax Period

2023-01-01 to 2023-12-31

TIP OF THE SPEAR FOUNDATION, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $279K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $263K left a modest 6% surplus.

Mission

FORMED BY CURRENT AND SPECIAL OPERATIONS PERSONNEL,PROVIDING ASSISTANCE TO OPERATORS, THEIR FAMILIES, AND THEIR COMMANDS DURING TIMES OF NEED.

🔒

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 $279,096

Program Service Revenue $0

Investment Income $25

Other Revenue $0

TOTAL REVENUE $279,121

Expense Breakdown

Grants Paid $133,575

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $211,500

Other Expenses $128,928

TOTAL EXPENSES $262,503

Year-over-Year Comparison

	2023	2022	Change
Revenue	$279,121	$316,523	-0.1%
Expenses	$262,503	$381,452	-0.3%
Net Income	$16,618	$-64,929	-1.3%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEREK PEDERSEN	CHAIRMAN	4.00	Officer Director	$0	$0	$0
TODD ADAMS	DIRECTOR	2.00	Director	$0	$0	$0
CORY SULLIVAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH M KERR	DIRECTOR	2.00	Director	$0	$0	$0
MARK MCKINLEY	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$279,121	$262,503	$119,708	$16,618
2022	$316,523	$381,452	$102,199	$-64,929
2021	$373,977	$370,627	$167,128	$3,350
2020	$203,755	$350,598	$162,863	$-146,843
2019	$281,396	$311,610	$309,706	$-30,214
2018	$514,225	$356,201	$339,920	$158,024

TIP OF THE SPEAR FOUNDATION