SATOSHI ACTION FUND (EIN 833502943) - 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

2019

Legal Domicile

Principal Officer

DENNIS S PORTER

Phone

5033332937

Tax Period

2023-01-01 to 2023-12-31

SATOSHI ACTION FUND, founded in 2019, is a small nonprofit that reported $326K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $474K exceeded revenue, resulting in a 46% operating deficit.

Mission

WE BELIVE THAT BITCOIN AND BITCOIN MINING HAVE THE POTENTIAL TO POSITIVELY IMPACT OUR ENVIRONMENT, OUR GRID, OUR ECONOMY, AND SOCIETY AS A WHOLE.WE WORK WITH LAWMAKERS AND REGULATORS AS WELL AS THE GENERAL PUBLIC TO ENSURE THAT BITCOIN IS ADOPTED SO ALL AMERICANS HAVE THE OPPORTUNITY TO BENEFIT FROM THIS TECHNOLOGY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $259,975

Program Service Revenue $0

Investment Income $0

Other Revenue $65,682

TOTAL REVENUE $325,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,151

Fundraising Expenses $33,947

Program Expenses $384,685

Other Expenses $393,138

TOTAL EXPENSES $474,289

Year-over-Year Comparison

	2023	2022	Change
Revenue	$325,657	$262,674	+0.2%
Expenses	$474,289	$42,938	+10.0%
Net Income	$-148,632	$219,736	-1.7%

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

Employees

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

$38,000

Total Directors

$73,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA GUNASEKARA	DIRECTOR	1.00	Director	$0	$0	$0
SURYA GUNASEKARA	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS S PORTER	CEO	40.00	Officer Director	$38,000	$0	$38,000
ERIC PETERSON	POLICY DIRECTOR	40.00	Director	$35,000	$0	$35,000

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	$325,657	$474,289	$97,034	$-148,632
2022	$262,674	$42,938	$222,206	$219,736
2021	No data	$4,306	$2,470	No data
2020	$105	$36,574	$6,776	$-36,469
2019	$228,306	$185,061	$43,245	$43,245

SATOSHI ACTION FUND