Mission Resolve Foundation Inc (EIN 842481021) - 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

Tax Period

2023-01-01 to 2023-12-31

Mission Resolve Foundation Inc, founded in 2019, is a small nonprofit in the Environment sector that reported $112K in total revenue in fiscal year 2023. Revenue surged 2110% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26K, a strong 24% operating margin.

Mission

The Foundation addresses critical marine environmental initiatives, which include marine plastics clean up, coastal erosion mitigation and habitat protection. It provides education initiatives for schools, educators, and communities around the world. The Foundation works in time of disaster, acting as a facilitator for governments, and nongovernmental organizations, providing global experience and large-scale logistical deployment expertise.

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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 $111,717

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $111,717

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $85,393

Other Expenses $85,394

TOTAL EXPENSES $85,394

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,717	$5,056	+21.1%
Expenses	$85,394	$13,005	+5.6%
Net Income	$26,323	$-7,949	-4.3%

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

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

$3,227

Total Directors

$3,227

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joesph E Farrell JR	President	2	Officer Director	$0	$0	$0
Lana Farrell	Vice President	2	Officer Director	$0	$0	$0
Peace Love Taxes LLC	Treasurer	2	Officer Director	$0	$3,227	$3,227
Summer Forsman	Secretary	2	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$111,717	$85,394	$30,715	$26,323
2022	$5,056	$13,005	$4,391	$-7,949
2021	$39,209	$58,423	$12,339	$-19,214
2020	$949,705	$951,862	$31,553	$-2,157
2019	$1,177,774	$1,144,064	$236,474	$33,710
2019	$577,774	$544,064	$236,474	$33,710

Mission Resolve Foundation Inc