IBIS GROUP (EIN 260876000) - 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

2007

Legal Domicile

Principal Officer

CHI KIM

Phone

2022231854

Tax Period

2024-01-01 to 2024-12-31

IBIS GROUP, founded in 2007, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Expenses of $13.9M exceeded revenue, resulting in a 568% operating deficit.

Mission

THE IBIS GROUP IS DEVOTED TO IMPROVING LITERACY FOR CHILDREN AND ADULTS WITH A FOCUS ON SUPPORTING THOSE WITH DYSLEXIA.

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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 $69

Program Service Revenue $0

Investment Income $2,074,144

Other Revenue $3,000

TOTAL REVENUE $2,077,213

Expense Breakdown

Grants Paid $11,666,476

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,249,240

Other Expenses $2,218,194

TOTAL EXPENSES $13,884,670

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,077,213	$2,117,460	0.0%
Expenses	$13,884,670	$10,408,928	+0.3%
Net Income	$-11,807,457	$-8,291,468	+0.4%

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

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

$777,630

Total Directors

$777,630

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHI KIM	TRUSTEE, CHAIR	20.00	Officer Director	$0	$0	$0
MARIA NEIRA	TRUSTEE, SECRETARY	10.00	Officer Director	$0	$0	$122,801
JASON GRIFFITHS	TRUSTEE, EXECUTIVE DIRECTOR	20.00	Officer Director	$186,600	$0	$654,829
JAMES TANTON	TRUSTEE	5.00	Director	$0	$0	$0
SALLY SHAYWITZ	TRUSTEE	2.00	Director	$0	$0	$0
ROBERT PIANTA	TRUSTEE	2.00	Director	$0	$0	$0
TERI LAWLER	TRUSTEE	2.00	Director	$0	$0	$0
DAWN BROOKS DE COSTA	TRUSTEE	2.00	Director	$0	$0	$0
JOHN LONGLEY	TRUSTEE	2.00	Director	$0	$0	$0
LYNNE MUNSON	FORMER TRUSTEE/EXECUTIVE DIRECTOR	0.00		$0	$56,277	$2,372,430

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	$2,077,213	$13,884,670	$78,214,832	$-11,807,457
2023	$2,117,460	$10,408,928	$111,108,727	$-8,291,468
2022	$42,838,571	$4,022,972	$145,205,588	$38,815,599
2021	$14,407	$1,406,822	$37,307,146	$-1,392,415
2020	$84,620	$688,969	$44,723,143	$-604,349
2019	$119,035,045	$111,665,000	$87,373,011	$7,370,045
2018	$84,268,418	$70,327,405	$59,403,965	$13,941,013

IBIS GROUP