INSTITUTE FOR DEFENSE AND BUSINESS (EIN 562068603) - 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

1997

Legal Domicile

Principal Officer

WILLIAM MARK FAULKNER

Phone

9199698008

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE FOR DEFENSE AND BUSINESS, founded in 1997, is a community nonprofit in the Public & Societal Benefit sector that reported $5.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

BRINGING TOGETHER GOVERNMENT, PRIVATE SECTOR, AND ACADEMIC EXPERTISE FROM LOCATIONS AROUND THE WORLD TO IMPROVE THE BUSINESS FUNCTIONAL AREAS OF THE DEPARTMENT OF DEFENSE AND MILITARY SERVICES, AS WELL AS OTHER AREAS OF GOVERNMENTAL OPERATIONS.

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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 $1,500

Program Service Revenue $5,260,219

Investment Income $11,816

Other Revenue $0

TOTAL REVENUE $5,273,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,063,012

Fundraising Expenses $0

Program Expenses $3,543,063

Other Expenses $3,098,036

TOTAL EXPENSES $5,161,048

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,273,535	$4,819,613	+0.1%
Expenses	$5,161,048	$4,714,078	+0.1%
Net Income	$112,487	$105,535	+0.1%

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

$854,944

Total Directors

$313,066

Key Employees

$160,914

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDITH A FEDDER	VICE CHAIRWOMAN AND DIRECT	1.00	Officer Director	$0	$0	$0
ROGER L PERRY JR	TREASURER AND DIRECTOR	1.00	Officer Director	$0	$0	$0
THOMAS W BRADSHAW JR	CHAIRMAN AND DIRECTOR	1.50	Officer Director	$0	$0	$0
W MARK FAULKNER	PRESIDENT AND DIRECTOR	40.00	Officer Director	$303,116	$9,950	$313,066
KEVIN SAMPELS	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL W KUHN	DIRECTOR	0.50	Director	$0	$0	$0
RAYMOND V MASON	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT E LOVE	DIRECTOR	0.50	Director	$0	$0	$0
WALTER E GASKIN	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM B FIELDS II	DIRECTOR	0.50	Director	$0	$0	$0
ANDREA L CARPENTER TERM 123123	VICE PRESIDENT, FINANCE AND ADMINISTRATION AND ASS	40.00	Officer	$127,284	$4,679	$131,963
ARTHUR T STURGEON JR	VICE PRESIDENT OF PROGRAM AND CURRICULUM, SENIOR P	40.00	Officer	$173,115	$6,502	$179,617
LISA C RASH	VICE PRESIDENT, FINANCE AND ADMINISTRATION AND ASS	40.00	Officer	$22,912	$616	$23,528
MICHAEL BOGDAHN	VICE PRESIDENT, STRATEGY AND DEVELOPMENT	40.00	Officer	$176,347	$6,139	$182,486
VAN W NOAH TERM DATE 1423	PROGRAM DIRECTOR AND ASSISTANT TREASURER	40.00	Officer	$22,991	$1,293	$24,284
MARK SUSNIS	PROGRAM DIRECTOR	40.00	Key Emp	$154,950	$5,964	$160,914
RONALD W MANN JR	OPERATIONS MANAGER	40.00	Highest	$106,182	$10,335	$116,517
SCOTT B WHITAKER	ACCOUNTING MANAGER	40.00	Highest	$100,319	$10,126	$110,445

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	$5,273,535	$5,161,048	$2,566,557	$112,487
2022	$4,819,613	$4,714,078	$2,255,771	$105,535
2021	$3,469,102	$3,480,048	$2,030,544	$-10,946
2020	$3,354,199	$3,337,301	$2,347,678	$16,898
2019	$4,990,340	$4,707,663	$2,287,068	$282,677
2018	$4,083,442	$4,155,154	$1,629,426	$-71,712

INSTITUTE FOR DEFENSE AND BUSINESS