WOBURN IRF INVESTMENT GROUP INC (EIN 475054436) - 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

2015

Legal Domicile

Principal Officer

SAMUEL DEPOY

Phone

3109887300

Tax Period

2023-01-01 to 2023-12-31

WOBURN IRF INVESTMENT GROUP INC, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $4.0M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $2.5M, a strong 63% operating margin.

Mission

TITLE HOLDING COMPANY

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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 $0

Program Service Revenue $3,943,806

Investment Income $13,392

Other Revenue $0

TOTAL REVENUE $3,957,198

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,446,042

Other Expenses $1,446,042

TOTAL EXPENSES $1,446,042

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,957,198	$4,320,007	-0.1%
Expenses	$1,446,042	$1,833,994	-0.2%
Net Income	$2,511,156	$2,486,013	+0.0%

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

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	Role	Reportable Comp	Other Comp	Total
MICHAEL L MCHARGUE	PRESIDENT	Officer Director	$0	$0	$0
SAMUEL DEPOY	VP/SECRETARY/ TREASURER	Officer Director	$0	$0	$0
KIM SMITH	VICE PRESIDENT	Officer 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
2024	No data	No data	No data	No data
2023	$3,957,198	$1,446,042	$72,019,410	$2,511,156
2022	$4,320,007	$1,833,994	$73,031,908	$2,486,013
2021	$4,240,026	$1,896,054	$62,082,016	$2,343,972
2020	$4,179,228	$1,999,379	$60,765,442	$2,179,849
2019	$4,094,623	$1,970,057	$58,003,840	$2,124,566
2018	$4,055,437	$1,982,520	$58,499,616	$2,072,917

WOBURN IRF INVESTMENT GROUP INC