58TH PRESIDENTIAL INAUGURAL COMMITTEE

EIN: 814463688

ALEXANDRIA, VA

Total Revenue
$957,393
Total Expenses
$390,968
Total Assets
$618,312
Net Assets
$618,312
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
SARA ARMSTRONG
Phone
5712068031
Tax Period
2019-11-01 to 2020-10-31

58TH PRESIDENTIAL INAUGURAL COMMITTEE, founded in 2016, is a small nonprofit that reported $957K in total revenue in fiscal year 2019. Revenue surged 370983% from the prior year, signaling strong growth momentum. The organization ran a surplus of $566K, a strong 59% operating margin.

Mission

TO PROMOTE THE SOCIAL WELFARE BY SUPPORTING THE INAUGURAL ACTIVITIES OF THE PRESIDENT-ELECT AND VICE PRESIDENT-ELECT AND VICE PRESIDENT-ELECT OF THE UNITED STATES RESULTING FROM THE NOVEMBER 2016 ELECTIONS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $957,393
TOTAL REVENUE $957,393

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $390,968
TOTAL EXPENSES $390,968

Year-over-Year Comparison

2019 2018 Change
Revenue $957,393 $258 +3709.8%
Expenses $390,968 $2,663,862 -0.9%
Net Income $566,425 $-2,663,604 -1.2%
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

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Governance

Voting Members
2
Independent Members
2
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS BARRACK DIRECTOR 2.00
Director
$0 $0 $0
SARA ARMSTRONG DIRECTOR, SECRETARY/TREASURER 2.00
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
2020 $957,393 $390,968 $618,312 $566,425
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