INNOVATIVE RURAL DEVELOPMENT CORPORATION (EIN 455568701) - 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

2011

Legal Domicile

Principal Officer

ERIN OUZTS

Phone

8643617351

Tax Period

2023-01-01 to 2023-12-31

INNOVATIVE RURAL DEVELOPMENT CORPORATION, founded in 2011, is a micro nonprofit that reported $2K in total revenue in fiscal year 2023. Revenue surged 1421% from the prior year, signaling strong growth momentum. Expenses of $2K left a modest 14% surplus.

Mission

TO STIMULATE A HEALTHIER COMMUNITY THROUGH HEALTHIER LOCAL ECONOMIES FROM INCREASED MARKET OPPORTUNITIES FOR SUSTAINABLE, LOCALLY PRODUCED GOODS, HEALTHIER FAMILIES THROUGH INCREASED LOCALLY-DRIVEN ECONOMIC OPPORTUNITIES, AND HEALTHIER RESIDENTS THROUGH EDUCATION ON HOW FOOD AND ENVIRONMENT IMPACT HEALTHY LIFESTYLES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,200

Program Service Revenue $0

Investment Income $173

Other Revenue $0

TOTAL REVENUE $2,373

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,043

TOTAL EXPENSES $2,043

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,373	$156	+14.2%
Expenses	$2,043	$4,441	-0.5%
Net Income	$330	$-4,285	-1.1%

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
ERIN OUZTS	CHAIR	5.00	Director	$0	$0	$0
BRENDAN BUTTIMER	VICE CHAIR	1.00	Director	$0	$0	$0
ALAN DEUSTERHAUS	TREASURER	1.00	Director	$0	$0	$0
ANDREW WATERS	BOARD MEMBER	1.00	Director	$0	$0	$0
BETSY SIKMA	BOARD MEMBER	1.00	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
2023	$2,373	$2,043	$11,680	$330
2022	$156	$4,441	$10,434	$-4,285
2021	$5,135	$4,184	$16,074	$951
2020	$122	$3,620	$14,260	$-3,498
2019	$5,146	$3,132	$16,921	$2,014
2018	$325,319	$1,064	$13,788	$324,255

INNOVATIVE RURAL DEVELOPMENT CORPORATION