FIELD READY INC

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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

2013

Legal Domicile

Principal Officer

Kat Sellers

Phone

7739699750

Tax Period

2024-01-01 to 2024-12-31

FIELD READY INC, founded in 2013, is a community nonprofit in the Public & Societal Benefit sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 8% surplus.

Mission

To transform the way that needs are met in disaster relief and recovery by providing assistance through technology, innovative design and engaging people in new ways. The impact of this will be dramatically improving efficiency in aid delivery by meeting needs.

Program Service Accomplishments

Program 1

Expenses: $1,031,074 Revenue: $0

DISASTER RELIEF AND RECOVERY BY PROVIDING ASSISTANCE THROUGH TECHNOLOGY, INNOVATIVE DESIGN AND ENGAGING PEOPLE IN NEW WAYS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,089,190

Program Service Revenue $71,372

Investment Income $0

Other Revenue $23,495

TOTAL REVENUE $1,184,057

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,461

Program Expenses $1,031,074

Other Expenses $1,091,357

TOTAL EXPENSES $1,091,357

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,184,057	$1,086,715	+0.1%
Expenses	$1,091,357	$941,520	+0.2%
Net Income	$92,700	$145,195	-0.4%

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

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
Eric James	President Executive Director	40	Officer Director	$0	$0	$0
Steve Hansch	Treasurer	2	Director	$0	$0	$0
Melinda Reed	Secretary	2	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	$1,184,057	$1,091,357	$604,736	$92,700
2023	$1,086,715	$941,520	$443,091	$145,195
2022	$2,269,645	$2,420,360	$365,844	$-150,715
2022	$2,269,645	$2,420,360	$365,844	$-150,715
2021	$3,039,732	$2,970,796	$891,610	$68,936
2020	$2,283,950	$2,257,415	$1,444,775	$26,535
2020	$2,388,466	$2,159,708	$1,459,639	$228,758
2019	$1,214,396	$1,155,524	$780,115	$58,872
2019	$1,214,396	$1,155,524	$780,115	$58,872
2018	$1,089,515	$904,893	$403,868	$184,622