1st Light Armored Reconnaissance Battallion Association (EIN 813979863) - 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

Phillip Bemis

Phone

8587222356

Tax Period

2021-01-01 to 2021-12-31

1st Light Armored Reconnaissance Battallion Association, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $5K in total revenue in fiscal year 2021. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $13K exceeded revenue, resulting in a 162% operating deficit.

Mission

Founded to foster connections, fellowship, social communications and support to those Marines, Sailors and the families who have served, are serving or have supported, the 1st LAR BN.

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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 (2021)

Revenue Breakdown

Contributions & Grants $5,029

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,029

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,404

Other Expenses $13,185

TOTAL EXPENSES $13,185

Year-over-Year Comparison

	2021	2020	Change
Revenue	$5,029	$12,550	-0.6%
Expenses	$13,185	$21,859	-0.4%
Net Income	$-8,156	$-9,309	-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

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
Jeffery Powers	Chairman	001.00	Officer Director	$0	$0	$0
Phillip Bemis	Chairman	020.00	Officer Director	$0	$0	$0
Robert Whalen Jr	Vice Chairman	005.00	Officer Director	$0	$0	$0
William Wennberg	Secretary	001.00	Officer Director	$0	$0	$0
Daniel Spencer	General Counsel	001.00	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
2021	$5,029	$13,185	$3,919	$-8,156
2020	$12,550	$21,859	$12,782	$-9,309

1st Light Armored Reconnaissance Battallion Association