PHARE WARRIOR (EIN 871699864) - 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

2021

Legal Domicile

Principal Officer

MATT ZAPPASODI

Phone

5749040419

Tax Period

2023-01-01 to 2023-12-31

PHARE WARRIOR, founded in 2021, is a small nonprofit in the Religion sector that reported $161K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $248K exceeded revenue, resulting in a 53% operating deficit.

Mission

CREATE A CULTURE OF PURPOSE, HUMILITY, ACCOUNTABILITY, RESPECT & EXCELLENCE IN EVERYTHING WE DO.

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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 $120,425

Program Service Revenue $48,884

Investment Income $708

Other Revenue $-8,667

TOTAL REVENUE $161,350

Expense Breakdown

Grants Paid $1,142

Salaries & Benefits $0

Fundraising Expenses $15,942

Program Expenses $192,583

Other Expenses $246,446

TOTAL EXPENSES $247,588

Year-over-Year Comparison

	2023	2022	Change
Revenue	$161,350	$260,434	-0.4%
Expenses	$247,588	$199,548	+0.2%
Net Income	$-86,238	$60,886	-2.4%

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

150

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

$50

Total Directors

$15,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN MASTERSON	CHAIR	2.00	Officer Director	$0	$0	$0
MARK VARE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MATT BOOR	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HOSKING	TREASURER	2.00	Officer Director	$50	$0	$50
BRIAN AUSTIN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT LOY	DIRECTOR	1.00	Director	$15,000	$0	$15,000
MATTHEW ZAPPASODI	SECRETARY	2.00	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
2024	No data	No data	No data	No data
2023	$161,350	$247,588	$21,737	$-86,238
2022	$260,434	$199,548	$100,900	$60,886
2021	$35,003	$20	$34,994	$34,983

PHARE WARRIOR