INDEPENDENT SECTOR (EIN 521081024) - 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

1980

Legal Domicile

Principal Officer

DR AKILAH WATKINS

Phone

2024676100

Tax Period

2024-01-01 to 2024-12-31

INDEPENDENT SECTOR, founded in 1980, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.2M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 15% operating margin.

Mission

WE UNITE NONPROFITS AND PHILANTHROPY TO STRENGTHEN THE CHARITABLE SECTOR, IDENTIFYING STRUCTURAL CHALLENGES AND MOBILIZING THE SECTOR AROUND POLICY AND PRACTICE SOLUTIONS.

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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 $9,166,938

Program Service Revenue $9,580

Investment Income $201,491

Other Revenue $-219,592

TOTAL REVENUE $9,158,417

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $4,276,743

Fundraising Expenses $850,036

Program Expenses $5,175,171

Other Expenses $3,269,212

TOTAL EXPENSES $7,756,205

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,158,417	$5,511,238	+0.7%
Expenses	$7,756,205	$9,265,562	-0.2%
Net Income	$1,402,212	$-3,754,324	-1.4%

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

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

$1,332,837

Total Directors

$664,839

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AKILAH WATKINS	PRESIDENT & CHIEF EXECUTIVE OFFICER	38.00	Officer Director	$592,680	$72,159	$664,839
FRED BLACKWELL	CHAIRMAN (THRU 10/2024)	1.00	Officer Director	$0	$0	$0
REV ADAM RUSSELL TAYLOR	CHAIRMAN (BEG 10/2024)	1.00	Officer Director	$0	$0	$0
SARAH KASTELIC	VICE CHAIRMAN (THRU 10/2024)	1.00	Officer Director	$0	$0	$0
DR JOHN BROTHERS	VICE CHAIRMAN (THRU 10/2024)	1.00	Officer Director	$0	$0	$0
DR MICHAEL MCAFEE	SECRETARY (THRU 10/2024)	1.00	Officer Director	$0	$0	$0
SONYA CAMPION	SECRETARY (BEG 10/2024)	1.00	Officer Director	$0	$0	$0
JENNIFER FORD REEDY	TREASURER (THRU 10/2024)	1.00	Officer Director	$0	$0	$0
LYSA RATLIFF	TREASURER (BEG 10/2024)	1.00	Officer Director	$0	$0	$0
PHOEBE BOYER	BOD, AT LARGE (THRU 9/2024)	1.00	Director	$0	$0	$0
DR MANUEL PASTOR	BOD, AT LARGE (BEG 10/2024)	1.00	Director	$0	$0	$0
ANN MEI CHANG	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
HILLARY PENNINGTON	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
JULIE GEHRKI	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE MCCORMICK	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
ISAIAH OLIVER	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
JOSE ANTONIO TIJERINO	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
JACQUELINE MARTINEZ GARCEL	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
JANEEN COMENOTE	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
RICHARD E BESSER	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
NICOLE ANDERSON	BOARD OF DIRECTOR (THRU 10/2024)	1.00	Director	$0	$0	$0
JANINE LEE	BOARD OF DIRECTOR (THRU 4/2024)	1.00	Director	$0	$0	$0
RICK ROBINSON	CHIEF OPERATING OFFICER	38.00	Officer	$313,274	$47,164	$360,438
JEFF MOORE	CHIEF STRATEGY OFFICER	38.00	Officer	$262,657	$44,903	$307,560
RHEA ILAGAN	DIRECTOR, FINANCE	38.00	Highest	$163,987	$28,808	$192,795
BENJAMIN KERSHAW	DIR, PUBLIC POLICY & GOV'T	38.00	Highest	$158,495	$15,182	$173,677
ELYSE HARRINGTON	DIRECTOR OF OPERATIONS	38.00	Highest	$160,863	$18,181	$179,044
AIDA GUEYE	DIRECTOR, PEOPLE AND CULTURE	38.00	Highest	$141,047	$22,522	$163,569
KEVIN MILLER	DIRECTOR, RESEARCH & POLICY ANALYSIS	38.00	Highest	$148,474	$18,806	$167,280

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	$9,158,417	$7,756,205	$21,918,940	$1,402,212
2023	$5,511,238	$9,265,562	$26,442,547	$-3,754,324
2022	$5,491,808	$9,873,211	$29,783,681	$-4,381,403
2021	$7,811,230	$9,185,988	$43,964,742	$-1,374,758
2020	$15,271,435	$8,405,354	$46,005,638	$6,866,081
2019	$8,244,296	$9,411,493	$39,594,883	$-1,167,197
2018	$8,823,477	$9,817,056	$40,191,068	$-993,579

INDEPENDENT SECTOR