Defensewerx Inc
99% goes to programs $0 to raise $100 Thin reserves Growing revenue
Defensewerx Inc is a 501(c)(3) organization based in Niceville, Florida, registered in 2013, with $112,469,707 in FY2023 revenue. CharityIndex grades it B, and it directs about 99% of spending to programs.
1140 John Sims Pkwy E Ste 1, Niceville, FL, 32578 EIN 46-0684933 Since 2013
Revenue (FY2023)
$112.5M
▲ 33.6% vs prior year
Science & Tech median: $288K
Expenses (FY2023)
$112.4M
Net assets
$746K
Employees
112
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Defensewerx Inc: 99% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Defensewerx Inc: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Defensewerx Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Defensewerx Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Innovative, cost-effective, timely science and technology solutions for defense and commercial customers.
What they do
Socom - special operations command located in tampa, fl at mcdill air force base. the department of defense (dod) activated u.s. special operations command (ussocom) on april 16, 1987, at macdill air force base, fla. dod created the new unified command in response to congressional action in the goldwater-nichols defense reorganization act of 1986 and the nunn-cohen amendment to the national defense authorization act of 1987. congress mandated a new four-star command be activated to prepare special operations forces (sof) to carry out assigned missions and, if directed by the president or secretary of defense (secdef), to plan for and conduct special operations.
Contact & location
- Address
- 1140 John Sims Pkwy E Ste 1, Niceville, FL, 32578
- City
- Niceville
- State
- Florida
- Category
- Science & Technology
- Subcategory
- Engineering & Technology
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.8M (FY2014) to $112.5M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $95.9MNet assets $746K
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$96.6M
Total liabilities
$95.9M
Net assets
$746K
Salaries & benefits
$11.3M
10% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $112,469,707▲33.6% | $112,375,245▲33.6% | $746,174▲14.5% | $96,624,441▲36.4% | 990 |
| 2022 | $84,169,805▲97.3% | $84,114,973▲87.8% | $651,712▲141% | $70,844,991▲74.4% | 990 |
| 2021 | $42,652,218▲24.6% | $44,791,825▲30.4% | -$1,573,530▼543% | $40,613,328▲25.6% | 990 |
| 2020 | $34,230,924▼26.8% | $34,348,315▼26.5% | $354,893▼37.4% | $32,326,319▲10.6% | 990 |
| 2019 | $46,787,793▲92.7% | $46,705,354▲93.0% | $566,801▼2.1% | $29,217,258▼30.1% | 990 |
| 2018 | $24,275,274▲21.1% | $24,197,873▲21.5% | $578,878▼0.2% | $41,821,622▲223% | 990 |
| 2017 | $20,050,874▲209% | $19,923,794▲209% | $579,939▼40.8% | $12,967,700▲16.8% | 990 |
| 2016 | $6,490,587▲30.8% | $6,441,553▲36.2% | $980,289▲5.3% | $11,102,125▲153% | 990 |
| 2015 | $4,960,558▲169% | $4,730,836▲215% | $931,255▲102% | $4,392,905▲183% | 990 |
| 2014 | $1,844,588 | $1,503,005 | $460,765 | $1,552,362 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Brian Liesveld — $316,948 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Liesveld | Chief Executive Officer | 40 | $316,948 |
| Bernard Johnson | Chairman and Treasurer | 0.4 | — |
| Dr John S Wilcox | Director | 0.4 | — |
| Gary Haase | Director | 0.4 | — |
| Kenneth Sullivan | Secretary | 0.4 | — |
| Michael B Gray | Director | 0.4 | — |
| Michael Nelson | Director | 0.4 | — |
| Spencer Baker | Director | 0.4 | — |
| Tere'sa Hebert | Director | 0.4 | — |
| Tim Krueger | Director | 0.4 | — |
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Compare Defensewerx Inc
Frequently asked questions
- Is Defensewerx Inc a legitimate nonprofit?
- Yes. Defensewerx Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-0684933, based in Niceville, Florida. Donations are tax-deductible.
- What is Defensewerx Inc's EIN?
- Defensewerx Inc's Employer Identification Number (EIN) is 46-0684933.
- How much revenue does Defensewerx Inc report?
- Defensewerx Inc reported $112,469,707 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Defensewerx Inc's spending goes to programs?
- Defensewerx Inc spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Defensewerx Inc have?
- CharityIndex grades Defensewerx Inc B, based on program efficiency and fundraising cost.
- How much does Defensewerx Inc's highest-paid employee make?
- The highest reported compensation on Defensewerx Inc's latest Form 990 is $316,948, paid to Brian Liesveld (Chief Executive Officer).
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Data for Defensewerx Inc (EIN 46-0684933) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.