Fortify Inc

EIN: 460932179 501(c)(3) International Affairs

Belfast, ME

Total Revenue
$2,351,033
Total Expenses
$1,827,620
Total Assets
$3,615,521
Net Assets
$3,460,538
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
ME
Principal Officer
Amy Smith
Phone
2075187983
Tax Period
2024-01-01 to 2024-12-31

Fortify Inc, founded in 2013, is a community nonprofit in the International Affairs sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $523K, a strong 22% operating margin.

Mission

To prevent and remedy human rights violations.

Program Service Accomplishments

Program 1
Expenses: $1,515,480

Fortify Inc. investigates and documents abuses, provides customized technical support to human rights defenders and presses for solutions.

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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 $2,312,981
Program Service Revenue $0
Investment Income $38,052
Other Revenue $0
TOTAL REVENUE $2,351,033

Expense Breakdown

Grants Paid $174,421
Salaries & Benefits $1,382,622
Fundraising Expenses $88,429
Program Expenses $1,515,480
Other Expenses $270,577
TOTAL EXPENSES $1,827,620

Year-over-Year Comparison

2024 2023 Change
Revenue $2,351,033 $1,476,495 +0.6%
Expenses $1,827,620 $1,590,872 +0.1%
Net Income $523,413 $-114,377 -5.6%
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

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Governance

Voting Members
9
Independent Members
7
Employees
3
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
4
$226,176
Total Directors
9
$226,176
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matthew Smith CEO 40.00
Officer Director
$113,088 $0 $113,088
Amy Smith Executive Director 40.00
Officer Director
$113,088 $0 $113,088
Victor Biak Lian President 1.00
Officer Director
$0 $0 $0
Saman Zarifi Treasurer 1.00
Officer Director
$0 $0 $0
Nickey Diamond Trustee 1.00
Director
$0 $0 $0
Mona Fetouh Trustee 1.00
Director
$0 $0 $0
Brian Schmidt Trustee 1.00
Director
$0 $0 $0
Amanda Sim Trustee 1.00
Director
$0 $0 $0
Sanjula Weerasinghe Trustee 1.00
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 $2,351,033 $1,827,620 $3,615,521 $523,413
2023 $1,476,495 $1,590,872 $3,035,191 $-114,377
2022 $813,907 $1,540,026 $3,129,442 $-726,119
2021 $3,601,523 $1,281,749 $3,897,814 $2,319,774
2020 $399,261 $1,140,893 $1,571,236 $-741,632
2019 $1,753,222 $1,088,792 $2,252,185 $664,430
2018 $1,829,285 $957,096 $1,540,380 $872,189
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