MODERN WARRIOR LIVE

EIN: 822092292 501(c)(3) Public & Societal Benefit

CLEVELAND, OH

Total Revenue
$403,676
Total Expenses
$325,070
Total Assets
$118,509
Net Assets
$108,212
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OH
Principal Officer
JAYMES POLING
Phone
2168564877
Tax Period
2023-01-01 to 2023-12-31

MODERN WARRIOR LIVE, founded in 2017, is a small nonprofit in the Public & Societal Benefit sector that reported $404K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79K, a strong 19% operating margin.

Mission

MODERN WARRIOR LIVE BUILDS BRIDGES BETWEEN VETERAN AND CIVILIAN COMMUNITITES THROUGH LIVE PERFOMANCES, COLLABORATIVE WORKSHOPS, THE SHARING OF VETERAN STORIES AND DISCUSSIONS. THROUGH HIGHLIGHTING STORIES OF POST- TRAUMATIC GROWTH, MODERN WARRIOR LIVE WORKS TO HELP DESTIGMATIZE OUR VETERANS BY FOCUSING ON THE SHARED HUMAN EXPERIENCE, WHILE PROVIDING HOPE AND A DEEPER UNDERSTANDING ACROSS COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $320,730 Revenue: $154,059

CREATED BY INTERNATIONALLY ACCLAIMED MUSICIAN DOMINICK FARINACCI AND US ARMY VETERAN JAYMES POLING, THE CENTERPIECE OF OUR NATIONAL 501(C)(3) NONPROFIT IS OUR TOURING PRODUCTION THAT CHRONICLES THE...

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CREATED BY INTERNATIONALLY ACCLAIMED MUSICIAN DOMINICK FARINACCI AND US ARMY VETERAN JAYMES POLING, THE CENTERPIECE OF OUR NATIONAL 501(C)(3) NONPROFIT IS OUR TOURING PRODUCTION THAT CHRONICLES THE STORY OF U.S. ARMY VETERAN JAYMES POLING, HIS JOURNEY THROUGH THREE DEPLOYMENTS IN AFGHANISTAN, AND HIS SUBSEQUENT TRANSITION BACK HOME. NARRATED BY POLING, THIS AUTOBIOGRAPHICAL PRODUCTION WEAVES TOGETHER HIS STORY WITH A CAST OF WORLD-CLASS ARTISTS IN MULTIPLE GENRES LED BY INTERNATIONALLY ACCLAIMED TRUMPETER DOMINICK FARINACCI. IT SHARES A PERSONAL AND EMOTIONAL JOURNEY OF THE CHALLENGES OF MILITARY SERVICE AND THE EXPERIENCE VETERANS FACE WHEN THEY RETURN HOME, AND IT IS A CATALYST FOR MEANINGFUL CONVERSATION ABOUT MENTAL HEALTH. WITH MORE THAN 150 PERFORMANCES TO-DATE, MODERN WARRIOR LIVE HAS BEEN RECOGNIZED BY THE U.S. DEPARTMENT OF VETERANS AFFAIRS, THE 26TH U.S. SECRETARY OF DEFENSE GENERAL JAMES MATTIS AND HAS BEEN SHOWCASED AT AMAZON HEADQUARTERS AND AT THE NATIONAL COUNCIL FOR MENTAL WELLBEING CONFERENCE OPENING FOR BREN BROWN. VETERAN COMMUNITIES REALIZING THE IMPACT OUR PRIMARY PRODUCTION HAS HAD ON COMMUNITIES, WE BUILT A PROGRAM THAT OFFERS PARTICIPANTS A PLATFORM TO PROCESS AND SHARE THEIR INDIVIDUAL EXPERIENCES USING THE UNIQUE STORYTELLING MODEL WE CREATED, WEAVING TOGETHER PERSONAL NARRATIVES, MUSIC, AND FILM. EACH STORYTELLER IS SUPPORTED BY OUR MODERN WARRIOR ARTISTIC TEAM LED BY DOMINICK FARINACCI, AND CULMINATES IN A FILMED LIVE PERFORMANCE. WORK & REENTRY WE'VE WELL-ESTABLISHED OUR ORGANIZATION WITHIN THE VETERAN AND MENTAL HEALTH COMMUNITIES. AS WE'VE BROUGHT THESE STORIES TO COMMUNITIES, WE BEGAN TO SEE THROUGH LINES THAT CONNECTED VETERAN STORIES TO RETURNING CITIZENS INVOLVED IN THE CRIMINAL JUSTICE SYSTEM. CHAMPIONING THE BELIEF THAT EVERY INDIVIDUAL, REGARDLESS OF THEIR PAST, HAS THE CAPACITY FOR GROWTH, RESILIENCE, AND REDEMPTION, WE'VE EXPANDED THE PROGRAM BEYOND VETERANS TO INCLUDE FORMERLY INCARCERATED INDIVIDUALS. "STIGMA OFTEN CREATES BARRIERS TO COMMUNICATION THAT LEAVE SO MANY OF US FEELING ISOLATED AND UNABLE TO SHARE OUR STRUGGLES. IN DOING THIS, WE RISK FURTHER SEPARATING FROM THE COMMUNITIES THAT CAN HELP US HEAL," SAYS JAYMES POLING. "WITH THE MODERN WARRIOR EXPERIENCE PROGRAM, WE STRIVE TO TEAR DOWN THOSE BARRIERS TO COMMUNICATION, ALLOWING INDIVIDUALS TO SHARE THE UNFILTERED REALITY OF THEIR JOURNEY, AND IN DOING SO CARVE A PATH FOR OTHERS HOPING FOR A BETTER TOMORROW," SAYS DOMINICK FARINACCI.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $245,869
Program Service Revenue $154,059
Investment Income $0
Other Revenue $3,748
TOTAL REVENUE $403,676

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,895
Fundraising Expenses $1,520
Program Expenses $320,730
Other Expenses $247,175
TOTAL EXPENSES $325,070

Year-over-Year Comparison

2023 2022 Change
Revenue $403,676 $227,526 +0.8%
Expenses $325,070 $284,528 +0.1%
Net Income $78,606 $-57,002 -2.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
9
Employees
2
Volunteers
83

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
6
$72,000
Total Directors
11
$72,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAYMES POLING EXECUTIVE VI 40.00
Officer Director
$48,000 $0 $48,000
DOMINICK FARINACCI PRESIDENT 30.00
Officer Director
$24,000 $0 $24,000
SCOTT BALOUGH CHAIR 10.00
Officer Director
$0 $0 $0
STACY BANKS DIRECTOR 2.00
Director
$0 $0 $0
WALTER BOOKER DIRECTOR 2.00
Director
$0 $0 $0
DANIELLE KRAKTORA DIRECTOR 2.00
Director
$0 $0 $0
DEBRA PRINCIPI TREASURER 2.00
Officer Director
$0 $0 $0
LOREN SCHOENBERRG SECRETARY 2.00
Officer Director
$0 $0 $0
AL SIKES VICE CHAIR 5.00
Officer Director
$0 $0 $0
TERRY STEWART DIRECTOR 2.00
Director
$0 $0 $0
DR JERRY SUE THORNTON DIRECTOR 2.00
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 No data No data No data No data
2023 $403,676 $325,070 $118,509 $78,606
2022 $227,526 $284,528 $5,449 $-57,002
2021 $116,497 $64,143 $60,478 $52,354
2020 $48,189 $64,668 $7,347 $-16,479
2019 $165,153 $157,748 $23,177 $7,405
2018 $234,540 $213,998 $9,437 $20,542
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