IBA FOUNDATION INC (EIN 351855863) - 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

1992

Legal Domicile

Principal Officer

RODNEY E LASLEY

Phone

3173879380

Tax Period

2024-01-01 to 2024-12-31

IBA FOUNDATION INC, founded in 1992, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $758K, a strong 20% operating margin.

Mission

TO PROVIDE EDUCATION PROGRAMS TO MEMBERS OF THE BANKING INDUSTRY, THOSE ASPIRING TO DEVELOP THEIR CAPABILITIES IN THE BUSINESS OF BANKING, AND INSTRUCTING THE PUBLIC REGARDING BANKING.

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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 $31,000

Program Service Revenue $2,361,680

Investment Income $1,394,104

Other Revenue $35,716

TOTAL REVENUE $3,822,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,051,014

Fundraising Expenses $0

Program Expenses $3,003,768

Other Expenses $2,013,637

TOTAL EXPENSES $3,064,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,822,500	$2,947,924	+0.3%
Expenses	$3,064,651	$2,902,756	+0.1%
Net Income	$757,849	$45,168	+15.8%

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

175

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

$733,225

Total Directors

$733,225

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN J BOCHNOWSKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATTHEW W HOWREY	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID M FINDLAY	SECOND VP & TREASURER	1.00	Officer Director	$0	$0	$0
RODNEY E LASLEY	SECRETARY	16.00	Officer Director	$0	$28,094	$224,233
AMBER R VAN TIL	ASSISTANT TREASURER & CEO	16.00	Officer Director	$0	$47,405	$508,992

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	$3,822,500	$3,064,651	$14,970,796	$757,849
2023	$2,947,924	$2,902,756	$13,765,191	$45,168
2022	$2,809,142	$2,801,723	$13,140,684	$7,419
2021	$2,847,389	$2,398,936	$14,001,613	$448,453
2020	$2,236,680	$1,916,647	$12,440,961	$320,033
2019	$4,506,798	$2,571,444	$11,596,743	$1,935,354
2018	$2,145,040	$2,492,923	$9,554,038	$-347,883

IBA FOUNDATION INC