IT WORKS GIVES BACK FOUNDATION INC (EIN 464384553) - 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

2014

Legal Domicile

Principal Officer

CINDY PENTECOST

Phone

9413486650

Tax Period

2024-01-01 to 2024-12-31

IT WORKS GIVES BACK FOUNDATION INC, founded in 2014, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $41K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $80K exceeded revenue, resulting in a 94% operating deficit.

Mission

THE FOUNDATION'S MISSION CONSISTS OF DISTRIBUTING FUNDS AND ASSETS TO PUBLIC CHARITIES QUALIFYING UNDER INTERNAL REVENUE SECTION 501(C)(3). THE DISTRIBUTION OF FUNDS TO TAX EXEMPT PUBLIC CHARITIES IS FOR THE PURPOSE OF IMPROVING AND BENEFITTING SOCIETY.

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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 $39,632

Program Service Revenue $0

Investment Income $1,768

Other Revenue $0

TOTAL REVENUE $41,400

Expense Breakdown

Grants Paid $77,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,000

Other Expenses $3,143

TOTAL EXPENSES $80,143

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,400	$44,880	-0.1%
Expenses	$80,143	$68,594	+0.2%
Net Income	$-38,743	$-23,714	+0.6%

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

$190,591

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY PENTECOST	DIRECTOR, PRESIDENT, TREAS	1.50	Officer Director	$0	$0	$0
JOSEPH ALCALA	DIRECTOR	2.50	Director	$0	$0	$183,128
AMANDA CLARK	DIRECTOR	1.00	Director	$0	$0	$7,463

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	$41,400	$80,143	$34,808	$-38,743
2023	$44,880	$68,594	$73,551	$-23,714
2022	$67,938	$127,091	$99,449	$-59,153
2021	$209,227	$183,069	$157,710	$26,158
2020	$289,565	$286,866	$132,552	$2,699
2019	$145,280	$521,520	$132,895	$-376,240
2018	$232,551	$331,799	$520,098	$-99,248

IT WORKS GIVES BACK FOUNDATION INC