MILITARY FAMILY ADVISORY NETWORK INC (EIN 463173337) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2013

Legal Domicile

Principal Officer

SHANNON RAZSADIN

Phone

2028214195

Tax Period

2024-01-01 to 2024-12-31

Military Family Advisory Network, founded in 2013, is a small nonprofit in the Human Services sector that reported $267K in total revenue in fiscal year 2018. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THE MILITARY FAMILY ADVISORY NETWORK (MFAN) ENVISIONS A WORLD WHERE ALL MILITARY-CONNECTED FAMILIES THRIVE. OUR MISSION IS TO UNDERSTAND AND AMPLIFY THE NEEDS OF MILITARY-CONNECTED FAMILIES AND INSPIRE DATA-INFORMED CHANGE. THIS IS DONE THROUGH THREE STRATEGIC OBJECTIVES: CONDUCT RESEARCH AND ELEVATE CHALLENGES; BUILD RESPONSIVE, AGILE, SCALABLE PROGRAMS; STRENGTHEN THE ECOSYSTEM THAT SERVES MILITARY FAMILIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,666,651

Program Service Revenue $381,250

Investment Income $287

Other Revenue $28,722

TOTAL REVENUE $4,076,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,548,182

Fundraising Expenses $296,605

Program Expenses $1,736,821

Other Expenses $862,164

TOTAL EXPENSES $2,410,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,076,910	$1,669,142	+1.4%
Expenses	$2,410,346	$2,086,058	+0.2%
Net Income	$1,666,564	$-416,916	-5.0%

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

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

$273,120

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DELORES JOHNSON DAVIS	BOARD CHAIR	4.00	Officer Director	$0	$0	$0
KIM JOINER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEPHANIE CROSSE	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL THODE	TREASURER	1.00	Officer Director	$0	$0	$0
JIMMY ANDERSON	DEVELOPMENT CHAIR	1.00	Director	$0	$0	$0
JOE CARDONA	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY FREY	DIRECTOR	1.00	Director	$0	$0	$0
SARAH HOLLEY	DIRECTOR	1.00	Director	$0	$0	$0
JAMES PASEUR	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON RAZSADIN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$130,204	$7,028	$137,232
DELIA JOHNSON	CHIEF OPERATING OFFICER	40.00	Officer	$120,290	$15,598	$135,888
KRISTEN BEATTIE	DIRECTOR OF ADVANCEMENT	40.00	Highest	$118,754	$16,914	$135,668
GABRIELLE L'ESPERANCE	DIRECTOR OF INSIGHTS	40.00	Highest	$111,325	$15,929	$127,254

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	$4,076,910	$2,410,346	$2,879,541	$1,666,564
2023	$1,669,142	$2,086,058	$1,620,985	$-416,916
2022	$3,228,113	$3,252,290	$1,508,167	$-24,177
2021	$4,165,176	$3,159,769	$1,658,934	$1,005,407
2020	$1,196,170	$1,002,315	$434,680	$193,855
2019	$471,011	$516,120	$218,044	$-45,109
2018	$267,029	$265,078	$241,250	$1,951

MILITARY FAMILY ADVISORY NETWORK INC