Azimuth World Foundation

EIN: 834402779 501(c)(3) International Affairs

Bismarck, ND

Total Revenue
$118,200
Total Expenses
$252,897
Total Assets
$124,715
Net Assets
$109,892
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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
ND
Principal Officer
Terrance M Rockstad
Phone
7012587799
Tax Period
2021-01-01 to 2021-12-31

Azimuth World Foundation, founded in 2019, is a small nonprofit in the International Affairs sector that reported $118K in total revenue in fiscal year 2021. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $253K exceeded revenue, resulting in a 114% operating deficit.

Mission

Creating a movement worldwide to positively impact social causes and nature conservation.

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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 (2021)

Revenue Breakdown

Contributions & Grants $118,200
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $118,200

Expense Breakdown

Grants Paid $24,586
Salaries & Benefits $0
Fundraising Expenses $67,500
Program Expenses $24,586
Other Expenses $160,811
TOTAL EXPENSES $252,897

Year-over-Year Comparison

2021 2020 Change
Revenue $118,200 $511,942 -0.8%
Expenses $252,897 $244,787 +0.0%
Net Income $-134,697 $267,155 -1.5%
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
9
Independent Members
9
Employees
N/A
Volunteers
10

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
5
$91,488
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terrance M Rockstad Chair and Founder (until 12-31-21) 0.50
Officer Director
$0 $0 $0
Gary Shaye Vice Chair (until 12-31-21) 0.50
Officer Director
$0 $0 $0
David Gotlieb Secretary (until 12-31-21) 0.50
Officer Director
$0 $0 $0
James Michael Ramstad Treasurer (until 12-31-21) 0.50
Officer Director
$0 $0 $0
Raquel Ferreira Board Member (until 12-31-21) 0.50
Director
$0 $0 $0
David Field Board Member (until 12-31-21) 0.50
Director
$0 $0 $0
Cody Two Bears Board Member (until 12-31-21) 0.50
Director
$0 $0 $0
Rowan Martin Board Advisor (until 12-31-21)) 0.50
Director
$0 $0 $0
Thea Bechshoft Board Advisor (until 12-31-21)) 0.50
Director
$0 $0 $0
Mariana Pereira de Sousa Marques Executive Director 40.00
Officer
$91,488 $0 $91,488
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 $118,200 $252,897 $124,715 $-134,697
2020 $511,942 $244,787 $257,408 $267,155
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