INCOR Two Inc (EIN 264549328) - 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

2009

Legal Domicile

Principal Officer

Michael Beese

Phone

9186838162

Tax Period

2024-07-01 to 2025-06-30

INCOR Two Inc, founded in 2009, is a micro nonprofit in the Human Services sector that reported $70K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $109K exceeded revenue, resulting in a 54% operating deficit.

Mission

Provide 12 units of housing for low income persons with 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 (2024)

Revenue Breakdown

Contributions & Grants $16,597

Program Service Revenue $53,525

Investment Income $237

Other Revenue $0

TOTAL REVENUE $70,359

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,684

Fundraising Expenses $0

Program Expenses $103,355

Other Expenses $95,921

TOTAL EXPENSES $108,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$70,359	$74,322	-0.1%
Expenses	$108,605	$104,203	+0.0%
Net Income	$-38,246	$-29,881	+0.3%

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

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
Lynn Cragg	Vice Chair	1.00	Officer Director	$0	$0	$0
Mark Jackson	Board Member	1.00	Director	$0	$0	$0
Michael Beese	Chairman	1.00	Officer Director	$0	$0	$0
Avery Rigney	Board Member	1.00	Director	$0	$0	$0
Donna Mealer	Executive Director	40.00	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
2025	$70,359	$108,605	$543,277	$-38,246
2024	$74,322	$104,203	$583,200	$-29,881
2023	$67,437	$99,566	$616,597	$-32,129
2022	$65,012	$104,361	$643,387	$-39,349
2021	$71,673	$108,495	$682,134	$-36,822
2020	$70,730	$99,557	$719,144	$-28,827
2019	$74,016	$103,922	$752,653	$-29,906

INCOR Two Inc