ARLINGTON, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HACKING FOR DEFENSE INCORPORATED, founded in 2016, is a community nonprofit in the Public Safety sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 14% surplus.
TO ENABLE POWERFUL APPROACHES TO STIMULATING SCIENCE, TECHNOLOGY, INVENTION, INNOVATION, AND ENTREPRENEURSHIP ON UNIVERSITY AND COLLEGE CAMPUSES, SPECIFICALLY DIRECTED TOWARD SOLVING REAL-WORLD NATIONAL SECURITY CHALLENGES.
1. EDUCATOR TRAINING & CURRICULUM DEVELOPMENTTHE ORGANIZATION DEVELOPED AND DELIVERED CURRICULUM AND TRAINING PROGRAMS FOR INSTRUCTORS USING THE "HACKING 4" PROBLEM-SOLVING METHODOLOGY AT OVER 60...
1. EDUCATOR TRAINING & CURRICULUM DEVELOPMENTTHE ORGANIZATION DEVELOPED AND DELIVERED CURRICULUM AND TRAINING PROGRAMS FOR INSTRUCTORS USING THE "HACKING 4" PROBLEM-SOLVING METHODOLOGY AT OVER 60 U.S. UNIVERSITIES. THIS PROGRAM ADVANCES THE EXEMPT PURPOSE BY EQUIPPING EDUCATORS TO GUIDE STUDENTS IN SOLVING REAL-WORLD NATIONAL SECURITY AND PUBLIC-SECTOR CHALLENGES. IN 2024, MORE THAN 3,648 UNDERGRADUATE AND GRADUATE STUDENTS WORKED ON 200+ REAL SPONSOR-DRIVEN PROBLEMS, RESULTING IN THE FORMATION OF 73 NEW COMPANIES. PROGRAM EXPENSES SUPPORTED CURRICULUM DEVELOPMENT, EDUCATOR TRAINING, AND FACILITATION OF STUDENT PROJECTS. NO FOREIGN GRANTS OR DIRECT GRANTS TO OTHER ORGANIZATIONS WERE MADE UNDER THIS PROGRAM.2. INNOVATION FUND SUPPORTTHE ORGANIZATION AWARDED SEED-STAGE, NON-DILUTIVE GRANTS AND PROVIDED MENTORING TO STUDENT-LED TEAMS AND MISSION-DRIVEN ENTREPRENEURS ADDRESSING COMPLEX CHALLENGES IN NATIONAL SECURITY AND DIPLOMACY. THESE AWARDS WERE USED TO SUPPORT EARLY-STAGE PROTOTYPE DEVELOPMENT, USER DISCOVERY, AND TECHNOLOGY VALIDATION. ALL INNOVATION FUND RECIPIENTS WERE U.S.-BASED. NO FOREIGN GRANTS WERE ISSUED. PROGRAM EXPENSES COVERED DIRECT STUDENT SUPPORT, TECHNICAL COACHING, AND ADMINISTRATIVE OVERSIGHT OF THE FUNDING PROCESS.3. ALUMNI ENGAGEMENT AND DEVELOPMENTTHE ORGANIZATION FACILITATED ALUMNI ENGAGEMENT FOR FORMER STUDENT PARTICIPANTS AND EDUCATORS THROUGH ONGOING PROGRAMMING, INCLUDING NETWORKING EVENTS, CAREER DEVELOPMENT RESOURCES, AND CROSS-SECTOR COLLABORATION OPPORTUNITIES. THIS PROGRAM STRENGTHENS THE LONG-TERM IMPACT OF THE ORGANIZATION'S MISSION BY CULTIVATING A CONNECTED, MISSION-DRIVEN NATIONAL TALENT PIPELINE. EXPENSES UNDER THIS PROGRAM INCLUDED EVENT LOGISTICS, PLATFORM DEVELOPMENT, COMMUNICATIONS, AND TALENT OUTREACH. NO DIRECT OR FOREIGN GRANTS WERE ISSUED UNDER THIS PROGRAM.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,228,656 | $939,064 | +0.3% |
| Expenses | $1,059,263 | $1,823,215 | -0.4% |
| Net Income | $169,393 | $-884,151 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| COL PETER NEWELL | BOARD CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE WEINSTEIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM NEWELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIA TRANQUILLI | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$85,851 | $4,319 | $90,170 |
| ASHLEY BAYANA THRU JAN 2025 | DIRECTOR OF OPERATIONS | 40.00 |
Officer
|
$130,864 | $18,746 | $149,610 |
| SEAN HOLLAND | FINANCE AND SYSTEMS MANAGER | 40.00 |
Highest
|
$105,653 | $15,083 | $120,736 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,228,656 | $1,059,263 | $893,548 | $169,393 |
| 2024 | $939,064 | $1,823,215 | $700,461 | $-884,151 |
| 2023 | $1,925,660 | $2,310,741 | $1,590,991 | $-385,081 |
| 2022 | $2,389,891 | $1,766,997 | $2,005,337 | $622,894 |
| 2021 | $2,244,634 | $1,362,394 | $1,418,172 | $882,240 |
| 2020 | $972,423 | $762,472 | $454,291 | $209,951 |
| 2019 | $549,187 | $358,474 | $244,340 | $190,713 |
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