The David Network

EIN: 994579478 501(c)(3) Education

Vienna, VA

Total Revenue
$770,721
Total Expenses
$119,666
Total Assets
$711,393
Net Assets
$651,055
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
VA
Principal Officer
Lucas Cremers
Phone
2022402327
Tax Period
2024-08-14 to 2025-06-30

The David Network, founded in 2024, is a small nonprofit in the Education sector that reported $771K in total revenue in fiscal year 2024. The organization ran a surplus of $651K, a strong 84% operating margin.

Mission

The David Network is established exclusively to further charitable and educational activities including for the purpose ofpromoting ideas towards societal renewal human flourishing and supporting freespeech principles

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $769,209
Program Service Revenue $0
Investment Income $262
Other Revenue $1,250
TOTAL REVENUE $770,721

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $30,510
Fundraising Expenses $10,664
Program Expenses $78,852
Other Expenses $81,606
TOTAL EXPENSES $119,666

Year-over-Year Comparison

2024 2023 Change
Revenue $770,721 N/A N/A
Expenses $119,666 N/A N/A
Net Income $651,055 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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
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
3
$7,201
Total Directors
3
$7,201
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES LEPONE TreasurerDirector 5.00
Officer Director
$5,105 $0 $5,105
LUCAS CREMERS DirectorPresident 40.00
Officer Director
$2,096 $0 $2,096
RYAN MCGREGOR SecretaryDirector 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
2025 $770,721 $119,666 $711,393 $651,055
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