INDEPENDENCE IV INC (EIN 202755049) - 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

2006

Legal Domicile

Principal Officer

QINDI SHI

Phone

6092675928

Tax Period

2023-07-01 to 2024-06-30

INDEPENDENCE IV INC, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $31K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $50K exceeded revenue, resulting in a 59% operating deficit.

Mission

TO PROVIDE SINGLE FAMILY HOMES FOR THE BENEFIT OF ADULT RESIDENTS WITH MENTAL HEALTH DISABILITIES.

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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 $31,351

Investment Income $66

Other Revenue $0

TOTAL REVENUE $31,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,071

Other Expenses $50,071

TOTAL EXPENSES $50,071

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,417	$25,723	+0.2%
Expenses	$50,071	$44,379	+0.1%
Net Income	$-18,654	$-18,656	0.0%

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

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

$1,059,657

Total Directors

$1,059,657

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRY HOLLAND	PRESIDENT	1.00	Officer Director	$0	$59,141	$626,112
QINDI SHI	SECRETARY/TREASURER	1.00	Officer Director	$0	$59,261	$433,545
MARIANNE ALEARDI	TRUSTEE	1.00	Officer Director	$0	$0	$0
AARON NELSON	TRUSTEE	1.00	Director	$0	$0	$0
CHELSEA CARTER	TRUSTEE	1.00	Director	$0	$0	$0
COLLEEN CRANDALL	TRUSTEE	1.00	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
2025	No data	No data	No data	No data
2024	$31,417	$50,071	$694,019	$-18,654
2023	$25,723	$44,379	$712,673	$-18,656
2022	$26,180	$78,956	$731,330	$-52,776
2021	$33,340	$50,751	$749,605	$-17,411
2020	$34,170	$51,508	$767,016	$-17,338
2019	$32,332	$49,737	$784,354	$-17,405
2018	$28,406	$44,407	$801,759	$-16,001

INDEPENDENCE IV INC