Azimuth World Foundation

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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

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

Azimuth World Foundation is a global platform creating a positive movement worldwide by engaging and empowering others to positively impact the world of social causes and nature conservation.

Program Service Accomplishments

Program 1

Expenses: $24,586 Revenue: $118,200

Azimuth World Foundation was formed in 2019 to actively participate in creating a world where humanity and nature thrive by elevating and supporting other nonprofit organizations actively working to address root-causes in social, environmental and nature conservation. Azimuth World Foundation is in start-up mode. Please visit azimuthworldfoundation.org for more details.

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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 $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

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

$91,488

Total Directors

Key Employees

Highest Compensated

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