IDEAS IN ACTION INC

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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

2012

Legal Domicile

Principal Officer

JOHN WERNER

Phone

6174742400

Tax Period

2023-01-01 to 2023-12-31

IDEAS IN ACTION INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $760K in total revenue in fiscal year 2023. The organization ran a surplus of $138K, a strong 18% operating margin.

Mission

IDEAS IN ACTION INC. HOSTS AN EVENT CALLED TEDXBEACONSTREET WHERE THE EMPHASIS WILL BE ON BRINGING TOGETHER WORLD-CLASS SPEAKERS TO HELP EDUCATE AND INSPIRE YOUNG PEOPLE AND ALSO AS A SERVICE TO THE COMMUNITY IN GENERAL.

Program Service Accomplishments

Program 1

Expenses: $577,235

IDEAS IN ACTION INC. HOSTS AN EVENT CALLED TEDXBOSTON TO HELP BRING IN THE BRIGHTEST MINDS IN THE GREATER BOSTON AREA TO SPEAK AND SHARE THEIR KNOWLEDGE. THE ORGANIZATION HELD 4 EVENTS FOCUSED ON AI, CLIMATE CHANGE, SAVING OCEANS AND ANOTHER EVENT ON AI AND HEALTHCARE. ALL OF THE TALKS PRODUCED AT THESE EVENTS WERE MADE AVAILABLE TO THE PUBLIC VIA YOUTUBE. A GOOD PERCENTAGE OF THESE ARE PICKED UP BY TED.COM TO SHOWCASE.

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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 $749,611

Program Service Revenue $0

Investment Income $0

Other Revenue $10,062

TOTAL REVENUE $759,673

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $577,235

Other Expenses $622,162

TOTAL EXPENSES $622,162

Year-over-Year Comparison

	2023	2022	Change
Revenue	$759,673	$718,000	+0.1%
Expenses	$622,162	$540,474	+0.2%
Net Income	$137,511	$177,526	-0.2%

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

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
JOHN WERNER	PRESIDENT/SECRETARY/DIRECT	1.00	Officer Director	$0	$0	$0
PAVAN PANT	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
DAN OBERHOLZER	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE ALLEN HECHT	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$759,673	$622,162	$282,753	$137,511
2022	$718,000	$540,474	$241,198	$177,526
2018	$285,303	$253,172	$57,900	$32,131