THE 1162 FOUNDATION (EIN 842523217) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

MICHAEL HAYES

Phone

7572566400

Tax Period

2023-01-01 to 2023-12-31

THE 1162 FOUNDATION, founded in 2019, is a small nonprofit in the Human Services sector that reported $201K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $185K, a strong 92% operating margin.

Mission

TO ENGAGE IN SELECT, HIGHLY CURATED CHARITABLE MISSIONS FOR THE BENEFIT OF SURVIVING SPOUSES, SIGNIFICANT OTHERS, AND CHILDREN OF FORMER SPECIAL OPERATION MILITARY PERSONNEL KILLED OR WOUNDED IN ACTION, WITH THE GOAL OF SERVING AS A CATALYST TO ENABLE THESE FAMILIES TO STABILIZE, REBUILD THEIR LIVES, AND FOR THEM TO PERHAPS CONTRIBUTE TO PEACE AND SECURITY IN THIS COUNTRY AND BEYOND.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $200,982

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $200,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $15,854

TOTAL EXPENSES $15,854

Year-over-Year Comparison

	2023	2022	Change
Revenue	$200,982	$388,126	-0.5%
Expenses	$15,854	$261,043	-0.9%
Net Income	$185,128	$127,083	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAWN REGAN	CHAIRMAN	5.00	Director	$0	$0	$0
MICHAEL HAYES	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL FISCH	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$200,982	$15,854	$331,190	$185,128
2022	$388,126	$261,043	$146,062	$127,083
2021	$744,102	$775,705	$18,978	$-31,603
2020	$371,389	$320,809	$50,580	$50,580

THE 1162 FOUNDATION