DEFENSE INNOVATION NETWORK GROUP

EIN: 992635180 501(c)(3) Human Services

CARMEL, IN

Total Revenue
$160,755
Total Expenses
$83,483
Total Assets
$102,150
Net Assets
$101,150
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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
2024
Legal Domicile
IN
Principal Officer
HEATH MURRAY
Phone
8123810312
Tax Period
2025-01-01 to 2025-12-31

DEFENSE INNOVATION NETWORK GROUP, founded in 2024, is a small nonprofit in the Human Services sector that reported $161K in total revenue in fiscal year 2025. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $77K, a strong 48% operating margin.

Mission

TO PROMOTE, SUPPORT, AND ENCOURAGE THE DEVELOPMENT OF ADVANCED TECHNOLOGIES, ENGINEERING, AI, AND OTHER AREAS OF INNOVATION FOR THE BENEFIT OF NATIONAL DEFENSE AND OUR NATIONS WARFIGHTER

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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 (2025)

Revenue Breakdown

Contributions & Grants $160,250
Program Service Revenue $0
Investment Income $505
Other Revenue $0
TOTAL REVENUE $160,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $32,112
Program Expenses $51,094
Other Expenses $83,483
TOTAL EXPENSES $83,483

Year-over-Year Comparison

2025 2024 Change
Revenue $160,755 $68,349 +1.4%
Expenses $83,483 $29,471 +1.8%
Net Income $77,272 $38,878 +1.0%
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
5
Independent Members
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE BRYANT TREASURER 5.00
Officer
$0 $0 $0
HEATH MURRAY EXECUTIVE DI 10.00
Officer
$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
2025 $160,755 $83,483 $102,150 $77,272
2024 No data No data No data No data
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