CORPSMAN MAXTON W SOVIAK MEMORIAL FOUNDATION (EIN 880848624) - 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

2021

Legal Domicile

Principal Officer

RACHEL SOVIAK

Phone

4192025056

Tax Period

2022-01-01 to 2022-12-31

CORPSMAN MAXTON W SOVIAK MEMORIAL FOUNDATION, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $233K in total revenue in fiscal year 2022. The organization ran a surplus of $217K, a strong 93% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SUPPORT TO VETERANS INCLUDING THERAPY DOGS, TRAINING FOR SUPPORT ANIMALS, FINANCIAL ASSISTANCE, AND OTHER RESOURCES, PARTICULARLY FOR THOSE VETERANS WITH PTSD AND OTHER POST-SERVICE ISSUES.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $218,134

Program Service Revenue $0

Investment Income $0

Other Revenue $14,747

TOTAL REVENUE $232,881

Expense Breakdown

Grants Paid $9,363

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,569

Other Expenses $6,185

TOTAL EXPENSES $15,548

Year-over-Year Comparison

	2022	2021	Change
Revenue	$232,881	N/A	N/A
Expenses	$15,548	N/A	N/A
Net Income	$217,333	$0	N/A

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

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
RACHEL SOVIAK	PRESIDENT	1.00	Officer Director	$0	$0	$0
KIP SOVIAK	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
SPENSER SPACEK	TREASURER	1.00	Officer Director	$0	$0	$0
ELENA OSTHEIMER	SECRETARY	1.00	Officer Director	$0	$0	$0
CONNIE WARD	DIRECTOR	1.00	Director	$0	$0	$0
BRYCE OSTHEIMER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN WALLEMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHARITY SCHAFER	DIRECTOR	1.00	Director	$0	$0	$0
JESSI CREY-SMITH	DIRECTOR	1.00	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
2022	$232,881	$15,548	$217,333	$217,333

CORPSMAN MAXTON W SOVIAK MEMORIAL FOUNDATION