IPC NATIONAL CHARITABLE FOUNDATION (EIN 201836543) - 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

2003

Legal Domicile

Principal Officer

DONALD B HARRIS

Phone

9725031040

Tax Period

2023-01-01 to 2023-12-31

IPC NATIONAL CHARITABLE FOUNDATION, founded in 2003, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 361% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 77% operating margin.

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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 $2,463,529

Program Service Revenue $0

Investment Income $174,659

Other Revenue $-35,104

TOTAL REVENUE $2,603,084

Expense Breakdown

Grants Paid $597,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $605,326

Other Expenses $8,746

TOTAL EXPENSES $605,746

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,603,084	$564,196	+3.6%
Expenses	$605,746	$528,717	+0.1%
Net Income	$1,997,338	$35,479	+55.3%

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
DONALD B HARRIS	PRES/DIRECTOR	5.00	Officer Director	$0	$0	$0
CARL W FORSYTHE	SEC/DIRECTOR	0.00	Officer Director	$0	$0	$0
RANDALL S GODFREY	Director	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
2024	No data	No data	No data	No data
2023	$2,603,084	$605,746	$9,060,403	$1,997,338
2022	$564,196	$528,717	$6,610,566	$35,479
2021	$1,333,532	$632,129	$7,219,857	$701,403
2020	$270,955	$628,394	$5,811,102	$-357,439
2019	$215,517	$786,027	$5,940,761	$-570,510
2018	$780,977	$1,178,812	$7,326,931	$-397,835

IPC NATIONAL CHARITABLE FOUNDATION