DISCOVERY INSTITUTE (EIN 911521697) - 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

1991

Legal Domicile

Principal Officer

STEVEN BURI

Phone

2062920401

Tax Period

2024-01-01 to 2024-12-31

DISCOVERY INSTITUTE, founded in 1991, is a mid-sized nonprofit in the Unknown sector that reported $11.8M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $13.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO ADVANCE A CULTURE OF PURPOSE, CREATIVITY, AND INNOVATION IN A DIVERSE SET OF FIELDS. THIS MISSION IS ACHIEVED THROUGH EDUCATION, RESEARCH, AND ANALYSIS OF LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL ISSUES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,094,017

Program Service Revenue $370,636

Investment Income $211,685

Other Revenue $156,478

TOTAL REVENUE $11,832,816

Expense Breakdown

Grants Paid $4,541,027

Salaries & Benefits $4,536,716

Fundraising Expenses $869,381

Program Expenses $12,017,672

Other Expenses $4,126,035

TOTAL EXPENSES $13,203,778

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,832,816	$10,240,771	+0.2%
Expenses	$13,203,778	$9,846,072	+0.3%
Net Income	$-1,370,962	$394,699	-4.5%

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

Volunteers

125

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

$772,813

Total Directors

$10,416

Key Employees

$241,816

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN BURI	PRESIDENT	40.00	Officer	$252,539	$825	$253,364
STEPHEN MEYER	EMPLOYEE	40.00	Key Emp	$218,000	$23,816	$241,816
JOHN WEST	VICE PRES/PR	40.00	Officer	$215,000	$14,845	$229,845
KERI INGRAHM	EMPLOYEE	40.00	Highest	$155,120	$12,338	$167,458
JONATHAN CHOE	EMPLOYEE	40.00	Highest	$163,894	$1,937	$165,831
DAVID KLINGHOFFER	EMPLOYEE	40.00	Highest	$131,421	$28,291	$159,712
JONATHAN WITT	EMPLOYEE	40.00	Highest	$147,734	$11,860	$159,594
NATE JACOBSON	EMPLOYEE	40.00	Highest	$137,355	$13,051	$150,406
STEVE SCHWARZ	DIR FIN & OP	40.00	Officer	$130,214	$12,746	$142,960
KELLEY UNGER	SECRETARY	40.00	Officer	$123,659	$12,569	$136,228
BRUCE CHAPMAN	CHAIRMAN	40.00	Officer Director	$10,400	$16	$10,416
DAVID BARBER	BOARD MEMBER	N/A	Director	$0	$0	$0
CHUCK BARBO	BOARD MEMBER	N/A	Director	$0	$0	$0
N/A	BOARD MEMBER	N/A	Director	$0	$0	$0
KATHY CONNERS	BOARD MEMBER	N/A	Director	$0	$0	$0
MIKE DUNN	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIC GARCIA	BOARD MEMBER	N/A	Director	$0	$0	$0
SKIP GILLILAND	BOARD MEMBER	N/A	Director	$0	$0	$0
RICHARD GREILING	BOARD MEMBER	N/A	Director	$0	$0	$0
N/A	BOARD MEMBER	N/A	Director	$0	$0	$0
WALTER MYERS III	BOARD MEMBER	N/A	Director	$0	$0	$0
ANNMARIE KELLY	BOARD MEMBER	N/A	Director	$0	$0	$0
N/A	BOARD MEMBER	N/A	Director	$0	$0	$0
BRYAN MISTELE	BOARD MEMBER	N/A	Director	$0	$0	$0
EDMUND MOY	BOARD MEMBER	N/A	Director	$0	$0	$0
COLE SMEAD	BOARD MEMBER	N/A	Director	$0	$0	$0
JAMES SPADY	BOARD MEMBER	N/A	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	$11,832,816	$13,203,778	$10,129,488	$-1,370,962
2024	$11,832,816	$13,203,778	$10,129,488	$-1,370,962
2023	$10,240,771	$9,846,072	$11,739,895	$394,699
2022	$10,099,775	$10,816,758	$11,431,910	$-716,983
2021	$11,706,535	$11,467,910	$11,437,135	$238,625
2021	$11,706,535	$11,467,910	$11,437,135	$238,625
2020	$9,291,981	$5,859,879	$11,143,661	$3,432,102
2019	$7,637,803	$6,865,358	$7,719,373	$772,445
2018	$8,193,998	$6,303,202	$6,938,771	$1,890,796

DISCOVERY INSTITUTE