Firearms Policy Coalition Inc

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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

2014

Legal Domicile

Principal Officer

BRANDON COMBS

Phone

9163785785

Tax Period

2023-01-01 to 2023-12-31

Firearms Policy Coalition Inc, founded in 2014, is a community nonprofit in the Civil Rights & Advocacy sector that reported $8.1M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 25% operating margin.

Program Service Accomplishments

Program 1

Expenses: $2,973,860

Firearms Policy Coalition (FPC) undertakes efforts to create a world of maximal human liberty, defend constitutionally protected rights, protect and advance individual liberty (including natural...

Firearms Policy Coalition (FPC) undertakes efforts to create a world of maximal human liberty, defend constitutionally protected rights, protect and advance individual liberty (including natural rights, private property, and economic freedoms), and restore freedom. FPC's efforts are currently focused on the right to keep and bear arms and adjacent issues including freedom of speech, due process, unlawful searches and seizures, separation of powers, asset forfeitures, pri- vacy, encryption, and limited government. FPC works to achieve our strategic objectives through litigation, research, scholarly publications, amicus briefing, legislative and regulatory action, grassroots activism, education, outreach, and other programs. The

Program 2

organization's FPC Law program (FPCLaw.org) is the nation's preeminent legal initiative focused on restoring the right to keep and bear arms throughout the United States. In 2023 alone, FPC Law...

organization's FPC Law program (FPCLaw.org) is the nation's preeminent legal initiative focused on restoring the right to keep and bear arms throughout the United States. In 2023 alone, FPC Law engaged in litigating more than 50 public interest strategic lawsuits in state and federal courts across the country, additionally filing 10 new cases, 116 substantive briefs, 14 major amicus briefs, and 2 published law review articles, resulting in over 21 significant victories including major injunctions against state and federal regulations. FPC also provided grants to other non-profit organizations to support their efforts in promoting individual liberty.

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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 $8,105,065

Program Service Revenue $0

Investment Income $0

Other Revenue $27,421

TOTAL REVENUE $8,132,486

Expense Breakdown

Grants Paid $120,000

Salaries & Benefits $2,709,759

Fundraising Expenses $1,664,709

Program Expenses $2,973,860

Other Expenses $3,214,793

TOTAL EXPENSES $6,107,961

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,132,486	$5,254,959	+0.5%
Expenses	$6,107,961	$5,503,858	+0.1%
Net Income	$2,024,525	$-248,899	-9.1%

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

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

$543,273

Total Directors

$363,373

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDON COMBS	President	60.00	Officer Director	$305,160	$9,428	$314,588
ALAN NORMANDY	Executive Vice Pres	10.00	Officer Director	$48,785	$0	$48,785
FRANCISCO CORDOVA	Director	1.000	Director	$0	$0	$0
MICHAEL BORLAND	Director	1.000	Director	$0	$0	$0
SABRINA LOPEZ	SecretaryTreasurer	40.00	Officer	$179,900	$0	$179,900
EVAN BURT	SrDir GrowthMarket	40.00		$173,490	$8,675	$182,165
JEFFREY SILVESTER	Senior Development Off	40.00	Highest	$141,921	$7,096	$149,017
RICHARD THOMSON	VP Programs	40.00	Highest	$177,011	$3,540	$180,551
MICHAEL DAKDUK	COOTreasurer	40.00		$141,130	$0	$141,130

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	$8,132,486	$6,107,961	$3,870,892	$2,024,525
2022	$5,254,959	$5,503,858	$1,352,584	$-248,899
2021	$6,404,219	$5,296,100	$1,601,483	$1,108,119
2020	$3,054,588	$2,752,642	$496,022	$301,946
2019	$1,213,441	$1,098,385	$184,132	$115,056
2018	$650,818	$644,148	$72,241	$6,670