INRC SERVICES CORP (EIN 202900978) - 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

2005

Legal Domicile

Principal Officer

STUART B ALMER

Phone

6317583336

Tax Period

2023-01-01 to 2023-12-31

INRC SERVICES CORP, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $723K in total revenue in fiscal year 2023. The organization ran a surplus of $226K, a strong 31% operating margin.

Mission

INRC SERVICES CORP. WAS INCORPORATED IN OCTOBER 2005 AS A REAL ESTATE HOLDING COMPANY AND COMMENCED OPERATIONS IN MAY 2007.

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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 $721,678

Investment Income $849

Other Revenue $0

TOTAL REVENUE $722,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $496,274

Other Expenses $496,274

TOTAL EXPENSES $496,274

Year-over-Year Comparison

	2023	2022	Change
Revenue	$722,527	$738,127	0.0%
Expenses	$496,274	$673,701	-0.3%
Net Income	$226,253	$64,426	+2.5%

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

$187,061

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AUDREY MARCHAND	ADMINISTRATOR/CEO	2.0	Key Emp	$0	$16,582	$187,061
BERT BRODSKY	CHAIRMAN	4.0	Officer Director	$0	$0	$0
LEE LAUNER	TREASURER	0.5	Officer Director	$0	$0	$0
GERALD ANGOWITZ	BOARD MEMBER	0.5	Officer Director	$0	$0	$0
NOAH FINKEL MD	BOARD MEMBER	0.5	Director	$0	$0	$0
CARY WOLF	SECRETARY	0.5	Director	$0	$0	$0
STUART B ALMER	PRESIDENT & CEO	0.5	Officer Director	$0	$0	$0
LOUIS VITERITTI	CHIEF FINANCIAL OFFICER	0.5	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	$722,527	$496,274	$11,479,113	$226,253
2022	$738,127	$673,701	$12,012,698	$64,426
2021	$3,767,801	$975,637	$13,900,038	$2,792,164
2020	$942,378	$920,988	$13,091,248	$21,390
2019	$784,295	$894,468	$13,377,438	$-110,173
2018	$856,348	$785,136	$13,853,198	$71,212

INRC SERVICES CORP