INDUSTRY PROMOTIONAL FUND INC (EIN 273338628) - 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

2010

Legal Domicile

Principal Officer

EDMUND GRECO

Phone

7327273020

Tax Period

2024-06-01 to 2025-05-31

INDUSTRY PROMOTIONAL FUND INC, founded in 2010, is a micro nonprofit in the Community Improvement sector that reported $65K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $20K, a strong 30% operating margin.

Mission

THE ORGANIZATION WILL NEGOTIATE AND ENTER INTO COLLECTIVE BARGAINING AGREEMENTS WITH VARIOUS UNIONS.

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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 $61,032

Investment Income $3,893

Other Revenue $0

TOTAL REVENUE $64,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,197

Other Expenses $45,197

TOTAL EXPENSES $45,197

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,925	$71,735	-0.1%
Expenses	$45,197	$44,995	+0.0%
Net Income	$19,728	$26,740	-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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDMUND GRECO	PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT CASABONA	VICE-PRESIDENT	1.00	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	$64,925	$45,197	$342,144	$19,728
2024	$71,735	$44,995	$322,164	$26,740
2023	$58,553	$47,754	$295,574	$10,799
2022	$58,852	$45,490	$284,975	$13,362
2021	$49,729	$34,745	$271,363	$14,984
2020	$57,853	$41,829	$256,007	$16,024
2019	$67,790	$32,978	$239,955	$34,812

INDUSTRY PROMOTIONAL FUND INC