THE MARATHON INITIATIVE

EIN: 850983902 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$1,073,838
Total Expenses
$1,306,159
Total Assets
$361,828
Net Assets
$311,155
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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
2020
Legal Domicile
DC
Principal Officer
ELBRIDGE A COLBY
Phone
2024803498
Tax Period
2023-01-01 to 2023-12-31

THE MARATHON INITIATIVE, founded in 2020, is a community nonprofit in the International Affairs sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 22% operating deficit.

Mission

THE MISSION OF THE MARATHON INITIATIVE IS TO DEVELOP THE DIPLOMATIC, MILITARY, AND ECONOMIC STRATEGIES THAT THE UNITED STATES NEEDS TO NAVIGATE PROTRACTED COMPETITIONS WITH GREAT POWER RIVALS. MOTIVATED BY THE CONVICTION THAT STRATEGY IS POSSIBLE AND NECESSARY, MARATHON'S FOCUS IS ON DEVELOPING SUCH STRATEGIES THROUGH DEEP, RIGOROUS, AND INDEPENDENT RESEARCH, INFORMED BY HISTORY, GEOGRAPHY, AND SCHOLARSHIP. MARATHON'S GOAL IS TO EQUIP AMERICA AND ITS LEADERS WITH STRATEGIES FOR THE HARDEST PROBLEMS OF GREAT POWER COMPETITION, STRATEGIES THAT ARE OF THE UTMOST RIGOR BUT AT THE SAME TIME RELEVANT, REALISTIC, AND VIABLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,073,838
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,073,838

Expense Breakdown

Grants Paid $0
Salaries & Benefits $829,498
Fundraising Expenses $88,749
Program Expenses $917,227
Other Expenses $476,661
TOTAL EXPENSES $1,306,159

Year-over-Year Comparison

2023 2022 Change
Revenue $1,073,838 $1,158,420 -0.1%
Expenses $1,306,159 $1,070,590 +0.2%
Net Income $-232,321 $87,830 -3.6%
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
3
Independent Members
1
Employees
2
Volunteers
1

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
$796,216
Total Directors
3
$796,216
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURENCE E HIRSCH CHAIRMAN 0.50
Officer Director
$0 $0 $0
A WESS MITCHELL DIRECTOR AND TREASURER 40.00
Officer Director
$374,000 $22,500 $396,500
ELBRIDGE A COLBY DIRECTOR AND SECRETARY 40.00
Officer Director
$377,216 $22,500 $399,716
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 $1,073,838 $1,306,159 $361,828 $-232,321
2022 $1,158,420 $1,070,590 $543,476 $87,830
2022 $1,212,277 $1,128,713 $403,359 $83,564
2021 $1,570,234 $1,250,439 $319,795 $319,795
2021 $1,671,832 $1,240,202 $455,646 $431,630
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