INTERNATIONAL HONOR SOCIETY OF NURSING FOUNDATION INC

EIN: 351908863 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$2,006,956
Total Expenses
$2,071,701
Total Assets
$15,733,992
Net Assets
$14,530,079
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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
1993
Legal Domicile
IN
Principal Officer
LYNN LAMBUTH
Phone
3176348171
Tax Period
2023-07-01 to 2024-06-30

INTERNATIONAL HONOR SOCIETY OF NURSING FOUNDATION INC, founded in 1993, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Net assets of $14.5M represent 87 months of operating reserves.

Mission

CEO HAS A DISCRETIONARY FUND, AND THERE IS A POLICY THAT DESCRIBES THIS FUND. THE FUND COVERS ALL BUSINESS-RELATED EXPENSES SO IT IS NOT TREATED AS TAXABLE COMPENSATION.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,360,124
Program Service Revenue $0
Investment Income $646,832
Other Revenue $0
TOTAL REVENUE $2,006,956

Expense Breakdown

Grants Paid $1,321,042
Salaries & Benefits $512,729
Fundraising Expenses $259,336
Program Expenses $1,581,537
Other Expenses $237,930
TOTAL EXPENSES $2,071,701

Year-over-Year Comparison

2023 2022 Change
Revenue $2,006,956 $1,459,819 +0.4%
Expenses $2,071,701 $1,798,317 +0.2%
Net Income $-64,745 $-338,498 -0.8%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
6
$912,379
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUE HADDOCK CHAIR 1.00
Officer Director
$0 $0 $0
MELISSA FITZPATRICK SECRETARY 1.00
Officer Director
$0 $0 $0
SUSAN OPAS TREASURER 1.00
Officer Director
$0 $0 $0
JOHN E DEWEY DIRECTOR 1.00
Director
$0 $0 $0
DEBRA HEINRICH DIRECTOR 1.00
Director
$0 $0 $0
LAURIE KENNEDY-MALONE DIRECTOR 1.00
Director
$0 $0 $0
THERESA KYZAR DIRECTOR 1.00
Director
$0 $0 $0
LUANN LAMBUTH FOUNDATION CAO 28.00
Officer
$0 $23,030 $235,933
ELIZABETH MADIGAN PRIOR CEO OF STTI 8.00
Officer
$0 $28,561 $489,586
MELISSA BOLLES CFO OF STTI 8.00
Officer
$0 $6,498 $186,860
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 No data No data No data No data
2024 $2,006,956 $2,071,701 $15,733,992 $-64,745
2023 $1,459,819 $1,798,317 $14,915,111 $-338,498
2022 $3,392,845 $2,248,608 $14,562,485 $1,144,237
2021 $2,141,099 $1,380,653 $16,282,423 $760,446
2020 $2,783,344 $2,255,946 $13,503,593 $527,398
2019 $1,807,634 $1,876,953 $13,921,785 $-69,319
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