INDEPENDENT PAYROLL PROVIDERS ASSOCIATION (EIN 043364588) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

CHERYL WHELAN

Phone

8883376623

Tax Period

2023-07-01 to 2024-06-30

INDEPENDENT PAYROLL PROVIDERS ASSOCIATION, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROVIDE TRAINING AND EDUCATION TO ASSOCIATION MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,090,100

Investment Income $27,523

Other Revenue $0

TOTAL REVENUE $1,117,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,513,985

TOTAL EXPENSES $1,513,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,117,623	$794,974	+0.4%
Expenses	$1,513,985	$842,467	+0.8%
Net Income	$-396,362	$-47,493	+7.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIDGET ESCOBAR	DIRECTOR	2.00	Director	$0	$0	$0
MATT VAADI	DIRECTOR	2.00	Director	$0	$0	$0
LARRY KAGAN	DIRECTOR	2.00	Director	$0	$0	$0
LORI BROWN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LEE ROBERTS	PRESIDENT	2.00	Officer Director	$0	$0	$0
ANDY WILSON	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
JD MULLIKEN	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JANELLE EMANUELE	DIRECTOR	2.00	Director	$0	$0	$0
CHERYL WHELAN	EXECUTIVE DIRECTOR	2.00	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	No data	No data	No data	No data
2024	$1,117,623	$1,513,985	$240,759	$-396,362
2023	$794,974	$842,467	$637,121	$-47,493
2022	$652,392	$696,922	$684,614	$-44,530
2021	$339,829	$267,839	$729,144	$71,990
2020	$678,677	$771,818	$657,154	$-93,141
2019	$757,186	$612,012	$750,295	$145,174

INDEPENDENT PAYROLL PROVIDERS ASSOCIATION