Chief Warrant and Warrant Officers Association

EIN: 526042437 Public & Societal Benefit

Mc Leansboro, IL

Total Revenue
$310,385
Total Expenses
$321,231
Total Assets
$1,512,929
Net Assets
$1,483,097
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
DC
Principal Officer
Michael Little
Phone
2029631793
Tax Period
2023-07-01 to 2024-06-30

CHIEF WARRANT AND WARRANT OFFICERS ASSOCIATION, founded in 1929, is a small nonprofit in the Public & Societal Benefit sector that reported $298K in total revenue in fiscal year 2018. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $86K, a strong 29% operating margin.

Mission

ADVANCE THE PROFESSIONAL ABILITY OF MEMBERS, PROMOTE THE UNITY AND MORALE OF MEMBERS, PROVIDE SCHOLARSHIPS TO CHILDREN OF MEMBERS, PROVIDE FINANCIAL SUPPORT TO SURVIVORS OF MEMBERS, PROVIDE SCHOLARSHIPS TO CHILDREN OF ENLISTED COAST GUARD MEMBER, ENSURE THAT MEMBERS HAVE INFORMATION CONCERNING THEIR BENEFITS AND TO ADVOCATE FOR THEIR BENEFITS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $253,662
Program Service Revenue $6,697
Investment Income $43,753
Other Revenue $6,273
TOTAL REVENUE $310,385

Expense Breakdown

Grants Paid $7,185
Salaries & Benefits $109,591
Fundraising Expenses $0
Program Expenses $31,153
Other Expenses $190,595
TOTAL EXPENSES $321,231

Year-over-Year Comparison

2023 2022 Change
Revenue $310,385 $301,849 +0.0%
Expenses $321,231 $272,119 +0.2%
Net Income $-10,846 $29,730 -1.4%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
36

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
7
$0
Total Directors
8
$81,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael J Little Executive Dir. 40.00
Director
$81,000 $0 $81,000
Christian M Westerdahl President 4.00
Officer Director
$0 $0 $0
Jeffrey Timberlake Vice President 8.00
Officer Director
$0 $0 $0
Carol Smith Vice President 1.00
Officer Director
$0 $0 $0
Jared Heintz Vice President 1.00
Officer Director
$0 $0 $0
Melissa Polson Vice President 1.00
Officer Director
$0 $0 $0
Rodney Clark Secretary 3.00
Officer Director
$0 $0 $0
Jennifer Thompson Treasurer 5.00
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 $310,385 $321,231 $1,512,929 $-10,846
2023 $301,849 $272,119 $1,437,885 $29,730
2022 $304,816 $231,057 $1,404,582 $73,759
2021 $258,154 $169,857 $1,404,469 $88,297
2020 $279,588 $180,579 $1,313,766 $99,009
2019 $297,882 $212,251 $1,218,492 $85,631
Explore More Nonprofits
→Top 100 Nonprofits in District of Columbia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Chief Warrant and Warrant Officers Association with other nonprofits in District of Columbia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.