FOUNDATION OF THE UNITED STATES SECRET SERVICE ASSOCIATION (EIN 521035969) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

2006

Legal Domicile

Principal Officer

RICHARD CARUSO

Phone

5152828192

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION OF THE UNITED STATES SECRET SERVICE ASSOCIATION, founded in 2006, is a small nonprofit in the Crime & Legal sector that reported $465K in total revenue in fiscal year 2024. Revenue surged 298% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 28% operating margin.

Mission

ENCOURAGE & SUPPORT LAW ENFORCEMENT, AND LAW ENFORCEMENT FAMILIES NEEDING ASSISTANCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $433,218

Program Service Revenue $0

Investment Income $100,724

Other Revenue $-69,154

TOTAL REVENUE $464,788

Expense Breakdown

Grants Paid $245,187

Salaries & Benefits $0

Fundraising Expenses $13,566

Program Expenses $283,860

Other Expenses $89,695

TOTAL EXPENSES $334,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$464,788	$116,747	+3.0%
Expenses	$334,882	$146,988	+1.3%
Net Income	$129,906	$-30,241	-5.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD CARUSO	PRESIDENT	15.00	Officer Director	$0	$0	$0
THOMAS CATALANO	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
PATRICK SULLIVAN	TREASURER	7.00	Officer Director	$0	$0	$0
DOUGLAS COOMBS	SECRETARY	6.00	Officer Director	$0	$0	$0
MARY DAVIDSON LEFT OCTOBER 2024	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
AMY WESTERCAMP	EXECUTIVE DI	0.73	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	$464,788	$334,882	$1,530,970	$129,906
2023	$168,606	$193,531	$1,414,639	$-24,925
2023	$116,747	$146,988	$1,339,510	$-30,241
2022	$219,216	$176,400	$1,280,182	$42,816
2021	$168,587	$165,914	$1,558,829	$2,673
2020	$148,046	$166,822	$1,312,555	$-18,776
2019	$165,560	$156,657	$1,360,908	$8,903
2018	$149,053	$182,806	$1,359,818	$-33,753

FOUNDATION OF THE UNITED STATES SECRET SERVICE ASSOCIATION