ITS GOING TO BE OK 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

2014

Legal Domicile

Principal Officer

Tonya Stafford

Phone

4698592180

Tax Period

2023-01-01 to 2023-12-31

ITS GOING TO BE OK INC, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $457K in total revenue in fiscal year 2023.

Mission

OUR MISSION IS TO WORK TOWARD THE ERADICATION OF TRAFFICKING IN PERSONS PARTICULARY WOMEN AND CHILD TRAFFICKED FOR THE PURPOSE OF SEXUAL EXPLOITATION ITS GOING TO BE OK RESCUES RESTORES AND PROVIDE DIRECT TRAUMA INFORMED CARE SERVICES IE HOUSING COUNSELING ALL BASIC NECESSITIES

Program Service Accomplishments

Program 1

Expenses: $396,922 Revenue: $456,742

IT'S GOING TO BE OK, INC IS A TRAUMA INFORMED AND TRAUMA CENTERED ORGANIZATION. OUR MISSION IS TO WORK TOWARD THE ERADICATION OF TRAFFICKING IN PERSONS PARTICULARLY, WOMEN AND CHILD TRAFFICKED FOR...

IT'S GOING TO BE OK, INC IS A TRAUMA INFORMED AND TRAUMA CENTERED ORGANIZATION. OUR MISSION IS TO WORK TOWARD THE ERADICATION OF TRAFFICKING IN PERSONS PARTICULARLY, WOMEN AND CHILD TRAFFICKED FOR THE PURPOSE OF SEXUAL EXPLOITATION ITS GOING TO BE OK RESCUES RESTORES AND PROVIDE DIRECT TRAUMA-INFORMED CARE SERVICES TO INCLUDE HOUSING COUNSELING, ALL BASIC NECESSITIES IT'S GOING TO BE OK, INC PAYS THE BASIC LIVING EXPENSES OF WOMEN AND CHILDREN TRAFFICKED FOR THE PURPOSE OF SEXUAL EXPLOITATION. THE SUPPORT INCLUDES TRAUMA-INFORMED COUNSELING, RENT, UTILITIES, FOOD, TRANSPORTATION EXPENSES, EDUCATION, CHILDCARE, MEDICAL AND DENTAL CARE, CLOTHING, AND OTHER NECESSITIES. THE PROGRAM REQUIRES ACCOUNTABILITY FROM BOTH PARTIES. IGTBOK OFFERS A WRAP-AROUND SERVICES/PROGRAMS. WE ASSIST APPROXIMATELY 600 WOMEN, CHILDREN AND FAMILIES.

Program 2

Expenses: $0 Revenue: $0

Program 3

Expenses: $0 Revenue: $0

N/A

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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 $456,742

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $456,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,700

Fundraising Expenses $9,093

Program Expenses $396,922

Other Expenses $430,949

TOTAL EXPENSES $445,649

Year-over-Year Comparison

	2023	2022	Change
Revenue	$456,742	$439,528	+0.0%
Expenses	$445,649	$423,948	+0.1%
Net Income	$11,093	$15,580	-0.3%

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

Volunteers

250

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

$14,700

Key Employees