HALCYON FUTURES INC

EIN: 933537739 501(c)(3) Philanthropy & Grantmaking

SANTA MONICA, CA

Total Revenue
$2,136,530
Total Expenses
$169,844
Total Assets
$2,912,229
Net Assets
$1,966,686
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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
2023
Legal Domicile
DE
Principal Officer
MICHAEL MCCORMICK
Phone
5027277119
Tax Period
2023-01-01 to 2023-12-31

HALCYON FUTURES INC, founded in 2023, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2023. The organization ran a surplus of $2.0M, a strong 92% operating margin.

Mission

AT HALCYON FUTURES, WE CHALLENGE ACCOMPLISHED LEADERS TO SOLVE THE WORLDS BIGGEST PROBLEMS, AND WE SUPPORT THEM ALONG THE WAY.

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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 $2,124,230
Program Service Revenue $0
Investment Income $12,300
Other Revenue $0
TOTAL REVENUE $2,136,530

Expense Breakdown

Grants Paid $0
Salaries & Benefits $105,451
Fundraising Expenses $4,453
Program Expenses $82,844
Other Expenses $64,393
TOTAL EXPENSES $169,844

Year-over-Year Comparison

2023 2022 Change
Revenue $2,136,530 N/A N/A
Expenses $169,844 N/A N/A
Net Income $1,966,686 N/A N/A
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
2
Employees
2
Volunteers
2

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
2
$70,840
Total Directors
3
$70,840
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL MCCORMICK CHIEF EXECUTIVE OFFICER 40.00
Officer Director
$70,840 $0 $70,840
MAX HENDERSON SECRETARY & TREASURER 1.00
Officer Director
$0 $0 $0
KELLIE LIKET 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
2024 No data No data No data No data
2023 $2,136,530 $169,844 $2,912,229 $1,966,686
2023 $3,567,280 $141,458 $3,440,099 $3,425,822
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