MILLENNIAL DEBT FOUNDATION (EIN 842250005) - 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

Thomas Weston Wamp

Phone

4235038793

Tax Period

2024-01-01 to 2024-12-31

MILLENNIAL DEBT FOUNDATION, founded in 2019, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 134% from the prior year, signaling strong growth momentum. The organization ran a surplus of $386K, a strong 37% operating margin.

Mission

Public education about national debt and federal deficit.

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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 (2024)

Revenue Breakdown

Contributions & Grants $200,000

Program Service Revenue $846,763

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,046,763

Expense Breakdown

Grants Paid $0

Salaries & Benefits $276,211

Fundraising Expenses $368,659

Program Expenses $243,098

Other Expenses $384,573

TOTAL EXPENSES $660,784

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,046,763	$447,825	+1.3%
Expenses	$660,784	$552,026	+0.2%
Net Income	$385,979	$-104,201	-4.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lindsay Conrad	Director	40.0	Highest	$126,000	$0	$126,000
Zach Wamp	Director	2.0	Officer Director	$0	$0	$0
Adam Boeselager	Director	2.0	Officer Director	$0	$0	$0
Weston Wamp	President	5.0	Officer	$0	$0	$0
Nick Macco	Secretary	2.0	Officer	$0	$0	$0
Kyle Bryant	Treasurer	2.0	Officer	$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	$1,046,763	$660,784	$620,654	$385,979
2023	$447,825	$552,026	$239,659	$-104,201
2022	$276,290	$251,830	$334,672	$24,460
2021	$350,904	$234,192	$310,212	$116,712

MILLENNIAL DEBT FOUNDATION