NATIONAL ASSOCIATION FOR SEARCH AND RESCUE (EIN 541733775) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

CHRISTOPHER JAMES BOYER

Phone

5717483774

Tax Period

2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION FOR SEARCH AND RESCUE, founded in 1975, is a small nonprofit in the Education sector that reported $339K in total revenue in fiscal year 2020. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

TO SUPPORT, COORDINATE, DEVELOP, INFORM, PROMOTE, AND IMPLEMENT SEARCH, RESCUE, & EMERGENCY RESPONSE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $32,322

Program Service Revenue $389,503

Investment Income $5,937

Other Revenue $108,005

TOTAL REVENUE $535,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $240,683

Fundraising Expenses $23,466

Program Expenses $374,179

Other Expenses $247,481

TOTAL EXPENSES $488,164

Year-over-Year Comparison

	2023	2022	Change
Revenue	$535,767	$447,642	+0.2%
Expenses	$488,164	$425,852	+0.1%
Net Income	$47,603	$21,790	+1.2%

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

$105,588

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKKI HASTINGS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JASON TARTALONE	SECRETARY	1.00	Officer Director	$0	$0	$0
ROB BREWER	TREASURER	1.00	Officer Director	$0	$0	$0
ROB DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG SPIEKER	DIRECTOR	1.00	Director	$0	$0	$0
DALLAS LANE	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG MCVEAY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER BOYER	EXECUTIVE DIRECTOR	40.00	Officer	$100,738	$4,850	$105,588

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	$535,767	$488,164	$313,815	$47,603
2022	$447,642	$425,852	$310,393	$21,790
2021	$492,507	$399,041	$223,317	$93,466
2020	$339,028	$337,518	$164,917	$1,510

NATIONAL ASSOCIATION FOR SEARCH AND RESCUE