MENDED SWORDS LTD (EIN 811447115) - 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

2016

Legal Domicile

Principal Officer

MICHAEL L SPEED

Phone

8452703823

Tax Period

2024-01-01 to 2024-12-31

MENDED SWORDS LTD, founded in 2016, is a micro nonprofit in the Public & Societal Benefit sector that reported $82K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $21K, a strong 25% operating margin.

Mission

THE MISSION OF MENDED SWORDS IS TO DEVELOP AND RE-DEVELOP THE WARRIOR ETHOS INSIDE ALL VETERANS AND BUILD THE BONDS BETWEEN BROTHERS AND SISTERS WHO HAVE SERVED.

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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 $0

Program Service Revenue $81,970

Investment Income $0

Other Revenue $0

TOTAL REVENUE $81,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,326

Other Expenses $61,326

TOTAL EXPENSES $61,326

Year-over-Year Comparison

	2024	2023	Change
Revenue	$81,970	$52,655	+0.6%
Expenses	$61,326	$40,292	+0.5%
Net Income	$20,644	$12,363	+0.7%

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

N/A

Employees

N/A

Volunteers

N/A

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
CHRISTOPHER SCROBE	VP	N/A	Officer	$0	$0	$0
MICHAEL L SPEED	PRESIDENT	N/A	Officer	$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	$81,970	$61,326	$66,670	$20,644
2023	$52,655	$40,292	$46,026	$12,363
2022	$75,247	$63,110	$33,663	$12,137
2021	$65,301	$51,259	$21,526	$14,042
2020	$59,071	$55,886	$12,050	$3,185
2019	$31,912	$32,165	$4,299	$-253
2018	$17,167	$12,615	$4,552	$4,552

MENDED SWORDS LTD