IRON SPIKE INC (EIN 471944511) - 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

Phone

6366673380

Tax Period

2024-03-01 to 2025-02-28

IRON SPIKE INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $275K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 60% operating margin.

Mission

EDUCATION AND PROMOTION OF KNOWLEDGE AND ENJOYMENT OF MODEL RAILROADING FOR ALL AGES.

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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 $210,950

Program Service Revenue $36,948

Investment Income $23

Other Revenue $26,981

TOTAL REVENUE $274,902

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $108,870

Other Expenses $111,222

TOTAL EXPENSES $111,222

Year-over-Year Comparison

	2024	2023	Change
Revenue	$274,902	$148,342	+0.9%
Expenses	$111,222	$150,164	-0.3%
Net Income	$163,680	$-1,822	-90.8%

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

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
DAVID BEVFODEN	Director	1.00	Director	$0	$0	$0
WILLIAM STRAATMANN	Director	1.00	Director	$0	$0	$0
DOUGLAS ECKELKAMP	Director	1.00	Director	$0	$0	$0
KARL STRAUCH	Director	1.00	Director	$0	$0	$0
RICHARD SOLTER	Director	1.00	Director	$0	$0	$0
ART SPORLEDER	Director	1.00	Director	$0	$0	$0
ALLEN HALL	Director	1.00	Director	$0	$0	$0
DAVID MEADOR	Director	1.00	Director	$0	$0	$0
RONALD SANSONE	PRESIDNT	1.00	Officer	$0	$0	$0
CLAIRE SAUCIER	SEC/TREAS	30.00	Officer	$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	$274,902	$111,222	$541,870	$163,680

IRON SPIKE INC