GOLDEN WEST HUMANITARIAN FOUNDATION

EIN: 954703607 501(c)(3) International Affairs

WOODLAND HILLS, CA

Total Revenue
$14,484,615
Total Expenses
$12,076,291
Total Assets
$6,923,626
Net Assets
$5,762,511
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Phone
8187030024
Tax Period
2023-01-01 to 2023-12-31

GOLDEN WEST HUMANITARIAN FOUNDATION, founded in 1998, is a mid-sized nonprofit in the International Affairs sector that reported $14.5M in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 17% operating margin.

Mission

TO DEVELOP TECHNOLOGIES, METHODS AND EQUIPMENT FOR USE IN THE REMOVAL OF LANDMINES AND UNEXPLODED ORDNANCE IN POST-CONFLICT AREAS FOR THE PURPOSES OF RESTORING LAND TO SAFE, PRODUCTIVE USE AND HELP REVIVE WAR-TORN ECONOMIES.

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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 $14,215,131
Program Service Revenue $0
Investment Income $235,375
Other Revenue $34,109
TOTAL REVENUE $14,484,615

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,658,902
Fundraising Expenses $0
Program Expenses $10,360,976
Other Expenses $8,417,389
TOTAL EXPENSES $12,076,291

Year-over-Year Comparison

2023 2022 Change
Revenue $14,484,615 $7,865,910 +0.8%
Expenses $12,076,291 $8,302,297 +0.5%
Net Income $2,408,324 $-436,387 -6.5%
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

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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
2
Independent Members
2
Employees
57
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
2
$129,865
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLIE HOLLOWAY PROGRAM MANAGER 40.00
$120,000 $0 $120,000
MARK TOBIAS PROGRAM ADVISOR 40.00
$120,000 $0 $120,000
MICHAEL TROCINO Secretary & CFO 40.00
Officer
$0 $0 $118,750
ALLAN R VOSBURGH CEO 40.00
$117,000 $0 $117,000
CHRISTOPHER J COWLIN PROGRAM DIRECTOR 40.00
$110,000 $0 $110,000
WAYNE TURNBULL PROGRAM MANAGER 40.00
$108,000 $0 $108,000
JOSEPH L TROCINO PRESIDENT 40.00
Officer
$0 $0 $11,115
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 $14,484,615 $12,076,291 $6,923,626 $2,408,324
2022 $7,865,910 $8,302,297 $4,383,305 $-436,387
2021 $7,422,181 $5,772,974 $3,894,404 $1,649,207
2020 $4,587,012 $4,494,727 $2,337,079 $92,285
2020 $4,587,012 $4,490,264 $2,441,129 $96,748
2019 $4,299,288 $4,146,974 $2,100,553 $152,314
2019 $4,299,287 $4,136,095 $2,109,526 $163,192
2018 $4,080,099 $3,893,233 $2,046,460 $186,866
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