LINCOLN INDEPENDENT BUSINESS ASSOCIATION FOUNDATION (EIN 470794692) - 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

1995

Legal Domicile

Principal Officer

BRUCE BAILEY

Phone

4024663419

Tax Period

2024-03-01 to 2025-02-28

LINCOLN INDEPENDENT BUSINESS ASSOCIATION FOUNDATION, founded in 1995, is a micro nonprofit in the Youth Development sector that reported $61K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $35K, a strong 57% operating margin.

Mission

THE ORGANIZATIONS EXEMPT PURPOSE IS TO EDUCATE THE PUBLIC AND YOUTH CONCERNING AMERICAN FREE ENTERPRISE SYSTEM BY SUPPORTING THE ACTIVITIES OF THE LINCOLN INDEPENDENT BUSINESS ASSOCIATION.

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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 $13,637

Program Service Revenue $0

Investment Income $41,418

Other Revenue $5,834

TOTAL REVENUE $60,889

Expense Breakdown

Grants Paid $13,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,000

Other Expenses $13,364

TOTAL EXPENSES $26,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$60,889	$40,927	+0.5%
Expenses	$26,364	$28,740	-0.1%
Net Income	$34,525	$12,187	+1.8%

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

Governance

Voting Members

Independent Members

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
BRUCE BAILEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS KLEIN	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE BOWEN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES BOWEN	DIRECTOR	1.00	Director	$0	$0	$0
JERRY PIGSLEY	DIRECTOR	1.00	Director	$0	$0	$0
CHARLOTTE RALSTON	DIRECTOR	1.00	Director	$0	$0	$0
DOUG WYATT	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
2025	$60,889	$26,364	$1,262,172	$34,525
2024	$40,927	$28,740	$1,111,551	$12,187
2023	$70,627	$19,807	$919,088	$50,820
2022	$167,383	$30,829	$970,355	$136,554
2021	$23,319	$16,183	$880,545	$7,136
2020	$32,637	$24,301	$772,597	$8,336
2019	$68,150	$21,952	$746,584	$46,198

LINCOLN INDEPENDENT BUSINESS ASSOCIATION FOUNDATION