IRF INC (EIN 473987171) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

TESSA RICHARD

Phone

3377833067

Tax Period

2023-01-01 to 2023-12-31

IRF INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $565K in total revenue in fiscal year 2023. Expenses of $489K left a modest 14% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO BUILD AND MAINTAIN A PRO-ACTIVE FESTIVAL WITH GOALS AND EXPERIENCED BUSINESS INITIATIVES IN PLACE FOR THE COMMON GOOD OF NOT ONLY THE FESTIVAL, BUT THE CITY, PARISH, HERITAGE AND CULTURE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $555,772

Investment Income $293

Other Revenue $8,997

TOTAL REVENUE $565,062

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,459

Fundraising Expenses $0

Program Expenses $429,797

Other Expenses $451,225

TOTAL EXPENSES $488,684

Year-over-Year Comparison

	2023	2022	Change
Revenue	$565,062	$542,642	+0.0%
Expenses	$488,684	$569,753	-0.1%
Net Income	$76,378	$-27,111	-3.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY BERGERON	DIRECTOR	5.00	Director	$0	$0	$0
ELIZABETH MONK	DIRECTOR	5.00	Director	$0	$0	$0
CONNIE NUTT	DIRECTOR	5.00	Director	$0	$0	$0
LOUIS ROMERO JR	DIRECTOR	5.00	Director	$0	$0	$0
DELO HEBERT	DIRECTOR	5.00	Director	$0	$0	$0
TESSA RICHARD	GENERAL CHAIRMAN	10.00	Officer	$0	$0	$0
JULIAN LEBLANC	GENERAL CO-CHAIRPERSON	5.00	Officer	$0	$0	$0
RONDA RICHARD	SECRETARY	5.00	Officer	$0	$0	$0
SUZY WEBB	MEMBER AT LARGE	5.00	Officer	$0	$0	$0
KEVIN SPELL	FESTIVAL PRESIDENT	5.00	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
2024	No data	No data	No data	No data
2023	$565,062	$488,684	$340,649	$76,378
2022	$542,642	$569,753	$233,737	$-27,111
2021	$514,909	$377,584	$260,827	$137,325
2020	$7,144	$82,141	$123,536	$-74,997
2019	$383,697	$329,161	$197,993	$54,536
2018	$338,373	$332,315	$143,114	$6,058

IRF INC