IKRON CORPORATION (EIN 311059137) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

RANDY STRUNK

Phone

5136211117

Tax Period

2023-01-01 to 2023-12-31

IKRON CORPORATION, founded in 1995, is a community nonprofit in the Mental Health sector that reported $9.3M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $8.5M left a modest 8% surplus.

Mission

TO ASSIST ADULTS AND YOUTH TO BUILD SELF-CONFIDENCE, ATTAIN GREATER SELF- SUFFICIENCY, LEAD MORE MEANINGFUL AND FULFILLING LIVES AND TO OBTAIN AND MAINTAIN SATISFYING EMPLOYMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,924,139

Program Service Revenue $6,269,032

Investment Income $16,800

Other Revenue $73,626

TOTAL REVENUE $9,283,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,995,764

Fundraising Expenses $0

Program Expenses $7,561,141

Other Expenses $1,548,998

TOTAL EXPENSES $8,544,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,283,597	$7,978,280	+0.2%
Expenses	$8,544,762	$7,134,631	+0.2%
Net Income	$738,835	$843,649	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

351

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

$143,272

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE STRICKER JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNIFER RULON	TREASURER	1.00	Officer Director	$0	$0	$0
JOAN MURRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF DIERKER	BOARD MEMBER	1.00	Director	$0	$0	$0
BARB SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
JAKE STRICKER	BOARD MEMBER	1.00	Director	$0	$0	$0
AVERY BLAIR-WLSON	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE BRODERICK	BOARD MEMBER	1.00	Director	$0	$0	$0
BRUCE PULLENS	VICE PRESIDENT	1.00	Director	$0	$0	$0
TIM BALSKUS	BOARD MEMBER	1.00	Director	$0	$0	$0
RANDY STRUNK	EXECUTIVE DIRECTOR	52.00	Officer	$143,272	$0	$143,272

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	$9,283,597	$8,544,762	$6,110,311	$738,835
2022	$7,978,280	$7,134,631	$5,677,677	$843,649
2021	$6,730,567	$6,002,766	$4,489,805	$727,801
2020	$6,289,496	$5,107,290	$3,901,633	$1,182,206
2019	$4,632,277	$4,539,287	$2,135,298	$92,990
2018	$4,055,235	$3,968,241	$2,033,070	$86,994

IKRON CORPORATION