IRC NETWORK INC (EIN 233052115) - 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

2000

Legal Domicile

Principal Officer

CHRIS SCAFARIO

Phone

5708198966

Tax Period

2024-07-01 to 2025-06-30

IRC NETWORK INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $135K in total revenue in fiscal year 2024. The organization ran a surplus of $43K, a strong 32% operating margin.

Mission

TO ADVANCE COMPETITIVENESS OF MANUFACTURING IN PA

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $134,700

Investment Income $0

Other Revenue $20

TOTAL REVENUE $134,720

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,959

Other Expenses $92,138

TOTAL EXPENSES $92,138

Year-over-Year Comparison

	2024	2023	Change
Revenue	$134,720	$134,700	+0.0%
Expenses	$92,138	$135,225	-0.3%
Net Income	$42,582	$-525	-82.1%

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	Role	Reportable Comp	Other Comp	Total
CHRIS SCAFARIO	PRESIDENT	Officer Director	$0	$0	$0
DENNIS GILBERT	VICE PRESIDENT	Officer Director	$0	$0	$0
PETRA MITCHELL	DIRECTOR	Director	$0	$0	$0
RICHARD HOBBS	DIRECTOR	Director	$0	$0	$0
BRUCE NEWELL	TREASURER	Officer Director	$0	$0	$0
SARA HANKS	SECRETARY	Officer 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	$134,720	$92,138	$134,288	$42,582
2024	$134,700	$135,225	$97,455	$-525
2023	$134,700	$124,674	$99,039	$10,026
2022	$148,949	$138,334	$86,390	$10,615
2021	$157,942	$157,327	$77,325	$615
2020	$230,464	$228,825	$81,786	$1,639
2019	$241,112	$233,267	$92,057	$7,845

IRC NETWORK INC