Modern Warrior Live
Nonprofit profile at a glance
- EIN
- 822092292
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-N 2017
- Location
- Cleveland, OH, USA
- Phone
- 2168564877
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $503,699
- Expenses
- $455,073
- Assets
- $130,100
- Liabilities
- $20,621
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DOMINICK FARINACCI (PRESIDENT)
Highest reported compensation
- JAYMES POLING (EXECUTIVE VI): $48,000 total reported compensation
- DOMINICK FARINACCI (PRESIDENT): $42,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Modern warrior live builds bridges between veteran and civilian communitites through live perfomances, collaborative workshops, the sharing of veteran stories and discussions. Through highlighting stories of post- traumatic growth, modern warrior live works to help destigmatize our veterans by focusing on the shared human experience, while providing hope and a deeper understanding across communities.
What it reported doing in 2024
Created by internationally acclaimed musician dominick farinacci and us army veteran jaymes poling, the centerpiece of our national 501(c)(3) nonprofit is our touring production that chronicles the story of u.s. Army veteran jaymes poling, his journey through three deployments in afghanistan, and his subsequent transition back home. Narrated by poling, this autobiographical production weaves together his story with a cast of world-class artists in multiple genres led by internationally acclaimed trumpeter dominick farinacci. It shares a personal and emotional journey of the challenges of military service and the experience veterans face when they return home, and it is a catalyst for meaningful conversation about mental health. With more than 150 performances to-date, modern warrior live has been recognized by the u.s. Department of veterans affairs, the 26th u.s. Secretary of defense general james mattis and has been showcased at amazon headquarters and at the national council for mental wellbeing conference opening for bren brown. Veteran communities realizing the impact our primary production has had on communities, we built a program that offers participants a platform to process and share their individual experiences using the unique storytelling model we created, weaving together personal narratives, music, and film. Each storyteller is supported by our modern warrior artistic team led by dominick farinacci, and culminates in a filmed live performance. Work & reentry we've well-established our organization within the veteran and mental health communities. As we've brought these stories to communities, we began to see through lines that connected veteran stories to returning citizens involved in the criminal justice system. Championing the belief that every individual, regardless of their past, has the capacity for growth, resilience, and redemption, we've expanded the program beyond veterans to include formerly incarcerated individuals. "stigma often creates barriers to communication that leave so many of us feeling isolated and unable to share our struggles. In doing this, we risk further separating from the communities that can help us heal," says jaymes poling. "with the modern warrior experience program, we strive to tear down those barriers to communication, allowing individuals to share the unfiltered reality of their journey, and in doing so carve a path for others hoping for a better tomorrow," says dominick farinacci.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 77
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.8%; rating input score 80
- Program expense ratio: 88.4%; rating input score 88
- Fundraising efficiency: $10.72 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.7%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 19.8%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 22.6% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 19.8% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 40.1% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 79.8% of revenue deployed · 88.4% of spending went to programs
- Governance: 11 of 11 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $402K in reported program spending
- Leadership: top reported pay $48K · 12 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.