IRON EQUITY INC (EIN 133496425) - 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

1987

Legal Domicile

Principal Officer

BRIAN J SABBAGH

Phone

2126841586

Tax Period

2023-01-01 to 2023-12-31

IRON EQUITY INC, founded in 1987, is a micro nonprofit that reported $80K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 86% operating margin.

Mission

MORTGAGE LOAN PROGRAM FOR MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $79,738

Other Revenue $0

TOTAL REVENUE $79,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $11,340

TOTAL EXPENSES $11,340

Year-over-Year Comparison

	2023	2022	Change
Revenue	$79,738	$58,153	+0.4%
Expenses	$11,340	$9,804	+0.2%
Net Income	$68,398	$48,349	+0.4%

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

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
BRIAN J SABBAGH	ASST. SECRETARY	1.00	Officer	$0	$0	$0
MATTHEW CHARTRAND	SECRETARY	1.00	Officer	$0	$0	$0
ROBERT WALSH	PRESIDENT - THRU 9/23	1.00	Officer	$0	$0	$0
DANIEL DOYLE	PRESIDENT - EFF 9/23	1.00	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	No data	No data	No data	No data
2023	$79,738	$11,340	$4,992,845	$68,398
2022	$58,153	$9,804	$21,710,716	$48,349
2021	$63,655	$30,422	$21,662,367	$33,233
2020	$81,331	$31,271	$21,629,134	$50,060
2019	$79,747	$31,674	$21,579,074	$48,073
2018	$89,910	$33,176	$21,531,001	$56,734

IRON EQUITY INC