DEFENSEWERX INC (EIN 460684933) - 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

2012

Legal Domicile

Principal Officer

BRIAN LIESVELD

Phone

8508424392

Tax Period

2023-10-01 to 2024-09-30

DEFENSEWERX INC, founded in 2012, is a major nonprofit in the Science & Technology sector that reported $112.5M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

INNOVATIVE, COST-EFFECTIVE, TIMELY SCIENCE AND TECHNOLOGY SOLUTIONS FOR DEFENSE AND COMMERCIAL CUSTOMERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $112,452,271

Program Service Revenue $0

Investment Income $17,436

Other Revenue $0

TOTAL REVENUE $112,469,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,340,093

Fundraising Expenses $0

Program Expenses $111,786,866

Other Expenses $101,035,152

TOTAL EXPENSES $112,375,245

Year-over-Year Comparison

	2023	2022	Change
Revenue	$112,469,707	$84,169,805	+0.3%
Expenses	$112,375,245	$84,114,973	+0.3%
Net Income	$94,462	$54,832	+0.7%

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

112

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

$316,948

Total Directors

$316,948

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN LIESVELD	CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$316,948	$0	$316,948
MICHAEL B GRAY	DIRECTOR	0.40	Director	$0	$0	$0
TERE'SA HEBERT	DIRECTOR	0.40	Director	$0	$0	$0
TIM KRUEGER	DIRECTOR	0.40	Director	$0	$0	$0
GARY HAASE	DIRECTOR	0.40	Director	$0	$0	$0
SPENCER BAKER	DIRECTOR	0.40	Director	$0	$0	$0
DR JOHN S WILCOX	DIRECTOR	0.40	Director	$0	$0	$0
MICHAEL NELSON	DIRECTOR	0.40	Director	$0	$0	$0
BERNARD JOHNSON	CHAIRMAN AND TREASURER	0.40	Officer	$0	$0	$0
KENNETH SULLIVAN	SECRETARY	0.40	Officer	$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	$112,469,707	$112,375,245	$96,624,441	$94,462
2023	$84,169,805	$84,114,973	$70,844,991	$54,832
2022	$42,652,218	$44,791,825	$40,613,328	$-2,139,607
2021	$34,230,924	$34,348,315	$32,326,319	$-117,391
2020	$46,787,793	$46,705,354	$29,217,258	$82,439
2019	$24,275,274	$24,197,873	$41,821,622	$77,401
2018	$20,050,874	$19,923,794	$12,967,700	$127,080

DEFENSEWERX INC