IBO CULTURAL UNION OF ARIZONA

EIN: 201240266 501(c)(3) Arts, Culture & Humanities

GLENDALE, AZ

Total Revenue
$95,915
Total Expenses
$57,549
Total Assets
$2,390,733
Net Assets
$1,090,733
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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
2005
Legal Domicile
AZ
Principal Officer
DR CHRISTIAN AZODE
Phone
6028995129
Tax Period
2023-01-01 to 2023-12-31

IBO CULTURAL UNION OF ARIZONA, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $96K in total revenue in fiscal year 2023. The organization ran a surplus of $38K, a strong 40% operating margin.

Mission

The mission of ICAA is to foster unity and support the well-being of Igbo peopleliving in Arizona as well as promote cooperation between the Igbo people andother ethnic nationalities.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $95,915
Investment Income $0
Other Revenue $0
TOTAL REVENUE $95,915

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $57,549
Other Expenses $57,549
TOTAL EXPENSES $57,549

Year-over-Year Comparison

2023 2022 Change
Revenue $95,915 N/A N/A
Expenses $57,549 N/A N/A
Net Income $38,366 N/A N/A
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

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Governance

Voting Members
1
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR CHRISTIAN AZODE President 0.00
Director
$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
2023 $95,915 $57,549 $2,390,733 $38,366
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