IGBO ORGANIZATION INC (EIN 113068277) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Phone

7184132013

Tax Period

2024-01-01 to 2024-12-31

IGBO ORGANIZATION INC, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $124K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $69K, a strong 56% operating margin.

Mission

Out Reach to youths in general especially third world counties

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,000

Program Service Revenue $0

Investment Income $0

Other Revenue $72,050

TOTAL REVENUE $124,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,000

Other Expenses $55,000

TOTAL EXPENSES $55,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,050	$133,336	-0.1%
Expenses	$55,000	$99,250	-0.4%
Net Income	$69,050	$34,086	+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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ifeanyi Nwakanma	President	10.00	Officer	$0	$0	$0
Vero Aneke	Vice President	2.00	Officer	$0	$0	$0
Ambrose Iwu	Board member	2.00	Officer	$0	$0	$0
Godfrey Orakwue	Treasurer	2.00	Officer	$0	$0	$0
Benjamin Okonta	Board Chair	4.00	Officer	$0	$0	$0
Martin Ukeje	Secretary	0.00	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
2024	$124,050	$55,000	$894,593	$69,050
2023	$133,336	$99,250	$870,447	$34,086
2022	$404,888	$166,778	$836,361	$238,110
2021	$123,247	$68,770	$745,315	$54,477
2020	$70,069	$65,021	$853,653	$5,048
2019	$220,893	$121,815	$750,514	$99,078
2018	$159,318	$125,667	$691,800	$33,651

IGBO ORGANIZATION INC