Motorcycle Relief Project (EIN 472661987) - 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

2014

Legal Domicile

Principal Officer

Martin C Sohlberg

Phone

7193378778

Tax Period

2023-01-01 to 2023-12-31

Motorcycle Relief Project, founded in 2014, is a small nonprofit in the Mental Health sector that reported $272K in total revenue in fiscal year 2023. Expenses of $343K exceeded revenue, resulting in a 26% operating deficit.

Mission

Assisting veterans and first responders who have post-traumatic stress disorder and other invisible injuries through adventure motorcycle tours.

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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 $293,125

Program Service Revenue $4,224

Investment Income $12,407

Other Revenue $-38,040

TOTAL REVENUE $271,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,086

Fundraising Expenses $25,547

Program Expenses $287,185

Other Expenses $290,317

TOTAL EXPENSES $343,403

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,716	$273,308	0.0%
Expenses	$343,403	$279,243	+0.2%
Net Income	$-71,687	$-5,935	+11.1%

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

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

$43,700

Total Directors

$43,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Bobbitt	President	50.00	Officer Director	$32,200	$0	$32,200
Martin C Sohlberg	Chairman	25.00	Officer Director	$11,500	$0	$11,500
JJ Lewis	Secretary	5.00	Officer Director	$0	$0	$0
Keith Dishong	Director	5.00	Director	$0	$0	$0
Steve Bennett	Director	5.00	Director	$0	$0	$0
Stephanie Townsend	Treasurer	0.00	Officer 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	$271,716	$343,403	$146,851	$-71,687
2022	$273,308	$279,243	$216,622	$-5,935
2021	$398,505	$350,109	$248,225	$48,396
2020	$301,839	$392,302	$237,566	$-90,463

Motorcycle Relief Project