X PRIZE FOUNDATION INC (EIN 521876879) - 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

1994

Legal Domicile

Principal Officer

MICHAEL BIRNBACH

Phone

3107414880

Tax Period

2023-01-01 to 2023-12-31

X PRIZE FOUNDATION INC, founded in 1994, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $31.4M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.9M, a strong 16% operating margin.

Mission

TO BRING ABOUT RADICAL BREAKTHROUGHS FOR THE BENEFITS OF HUMANITY, THEREBY INSPIRING THE FORMATION OF NEW INDUSTRIES AND THE REVITALIZATION OF MARKETS

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $28,438,232

Program Service Revenue $0

Investment Income $2,756,411

Other Revenue $206,420

TOTAL REVENUE $31,401,063

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,686,807

Fundraising Expenses $6,299,904

Program Expenses $15,348,880

Other Expenses $9,777,331

TOTAL EXPENSES $26,464,138

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,401,063	$18,395,520	+0.7%
Expenses	$26,464,138	$24,221,912	+0.1%
Net Income	$4,936,925	$-5,826,392	-1.8%

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

114

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

$1,206,634

Total Directors

Key Employees

$2,123,225

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VANESSA SPEER	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFFREY SHAMES	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN FRANK	BOARD MEMBER	1.00	Director	$0	$0	$0
GIL ELBAZ	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC ESRAILIAN	BOARD MEMBER	1.00	Director	$0	$0	$0
AMIR ANSARI	BOARD MEMBER	1.00	Director	$0	$0	$0
SALIM ISMAIL	BOARD MEMBER	1.00	Director	$0	$0	$0
ANU JAIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LAUREN SELIG	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SIEGEL	BOARD MEMBER	1.00	Director	$0	$0	$0
DON WALKER	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY VLAHAKIS-HANKS	BOARD MEMBER	1.00	Director	$0	$0	$0
LAETITIA GARRIOTT DE CAYEUX	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID BLUNDIN	BOARD MEMBER	1.00	Director	$0	$0	$0
HELENE DESMARAIS	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES GIANOPULOS	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER DIAMANDIS	FOUNDER & CHAIRMAN	40.00	Officer	$254,567	$18,406	$272,973
ANOUSHEH ANSARI	CHIEF EXECUTIVE OFFICER	40.00	Officer	$897,815	$35,846	$933,661
ROBERT WEISS	VICE CHAIRMAN	1.00	Officer	$0	$0	$0
GREGG MARYNIAK	SECRETARY	1.00	Officer	$0	$0	$0
OSE UGOCHUKWU	GENERAL COUNSEL	40.00	Key Emp	$276,601	$30,326	$306,927
ANDREW TAUHERT	CHIEF IMPACT OFFICER	40.00	Key Emp	$313,760	$22,363	$336,123
JAMES MAINARD	CHIEF TECHNOLOGY OFFICER	40.00	Key Emp	$362,081	$31,654	$393,735
KATHRYN MANDATO	CHIEF PEOPLE OFFICER	40.00	Key Emp	$308,000	$24,536	$332,536
MICHAEL BIRNBACH	VP, FINANCE	40.00	Key Emp	$211,152	$35,923	$247,075
STEELE FORD	CHIEF ADVANCEMENT OFFICER	40.00	Key Emp	$155,634	$12,136	$167,770
JENNIFER HASLIP	CHIEF MARKETING OFFICER	40.00	Key Emp	$319,275	$19,784	$339,059
PETER HOULIHAN	EVP, BIODIVERSITY AND CONSERVATION	40.00	Highest	$270,671	$9,028	$279,699
SUSAN EMMER	SVP, ALLIANCE AND SPONSORS	40.00	Highest	$239,836	$20,071	$259,907
ALEXANDER NICHOLAS	EVP, LEARNING AND SOCIETY	40.00	Highest	$247,822	$6,850	$254,672
CHRISTOPHER CLASSEN	VP, BRAND	40.00	Highest	$236,142	$30,304	$266,446
JASON BATEMAN	VP, INDIVIDUAL GIVING	40.00	Highest	$212,267	$30,796	$243,063

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	$31,401,063	$26,464,138	$151,641,597	$4,936,925
2022	$18,395,520	$24,221,912	$77,608,546	$-5,826,392
2021	$19,767,291	$23,441,589	$103,691,143	$-3,674,298
2020	$24,207,747	$25,622,100	$73,945,038	$-1,414,353
2019	$18,343,433	$33,244,778	$57,761,215	$-14,901,345
2018	$16,989,918	$38,480,616	$91,242,507	$-21,490,698

X PRIZE FOUNDATION INC