ELECTION DEFENSE FUND INC (EIN 934096860) - 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

2023

Legal Domicile

Principal Officer

CAROL BANKS

Phone

7707782219

Tax Period

2024-01-01 to 2024-12-31

ELECTION DEFENSE FUND INC, founded in 2023, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. The organization ran a surplus of $872K, a strong 51% operating margin.

Mission

ELECTION DEFENSE FUND, INC. PROMOTES THE INTEGRITY OF THE ELECTION PROCESS AND CONFIDENCE IN ELECTION RESULTS BY SUPPORTING ELECTION OFFICIALS (INCLUDING PROVIDING LEGAL DEFENSE WHEN ELECTION OFFICIALS ARE SUED IN THEIR PERSONAL CAPACITY FOR ELECTION-RELATED ISSUES), AND EDUCATING AND EMPOWERING VOTERS REGARDING THE IMPORTANCE OF ELECTION INTEGRITY AND PARTICIPATING IN ELECTIONS.

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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 $1,699,827

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,699,827

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,500

Fundraising Expenses $63,176

Program Expenses $762,276

Other Expenses $762,733

TOTAL EXPENSES $827,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,699,827	N/A	N/A
Expenses	$827,409	N/A	N/A
Net Income	$872,418	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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$1,500

Total Directors

$1,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL BANKS	PRESIDENT/TR	5.00	Officer Director	$1,500	$0	$1,500
RYAN GERMANY	SECRETARY	1.00	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	$1,699,827	$827,409	$872,518	$872,418

ELECTION DEFENSE FUND INC