IFA FOUNDATION (EIN 521358631) - 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

1983

Legal Domicile

Principal Officer

AMY BROWN

Phone

2026288000

Tax Period

2023-11-01 to 2024-10-31

IFA FOUNDATION, founded in 1983, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 50% operating margin.

Mission

ADVANCING FRANCHISING AND THE FREE ENTERPRISE SYSTEM BY:--INCREASING THE KNOWLEDGE AND PROFESSIONAL STANDARDS OF ALL MEMBERS OF THE FRANCHISING COMMUNITY,--EDUCATING THE NEXT GENERATION OF FRANCHISING PRACTITIONERS,--INCREASING RECOGNITION OF FRANCHISING'S KEY ROLE IN THE FREE ENTERPRISE SYSTEM, AND--PROVIDING COMPREHENSIVE INFORMATION AND RESEARCH ABOUT IMPORTANT DEVELOPMENTS AND TRENDS IN FRANCHISING.

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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 $1,797,357

Program Service Revenue $0

Investment Income $766,864

Other Revenue $2,548

TOTAL REVENUE $2,566,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $333,053

Fundraising Expenses $0

Program Expenses $1,274,324

Other Expenses $941,271

TOTAL EXPENSES $1,274,324

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,566,769	$917,988	+1.8%
Expenses	$1,274,324	$1,152,732	+0.1%
Net Income	$1,292,445	$-234,744	-6.5%

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

$883,856

Total Directors

$883,856

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW HALLER	PRESIDENT & CEO, IFA	5.00	Officer Director	$0	$110,139	$883,856
STEVE WHITE	CHAIR	0.30	Officer Director	$0	$0	$0
DAN MONAGHAN CFE	IMMEDIATE PAST CHAIR	0.30	Officer Director	$0	$0	$0
RONALD FELDMAN CFE	VICE CHAIR	0.30	Officer Director	$0	$0	$0
CATHERINE MONSON	SECOND VICE CHAIR	0.30	Officer Director	$0	$0	$0
RICHARD SNOW	CHAIR - DIVERSITY INSTITUTE BOARD	0.30	Director	$0	$0	$0
SEAN FALK	CHAIR - VETFRAN COMMITTEE	0.30	Director	$0	$0	$0
TAMRA KENNEDY	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
JO KIRCHNER CFE	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
JOHN LANCASTER	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
GORDON LOGAN	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
JAMES MOWERY CFE	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
PAUL PICKETT CFE	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
KAREN SATTERLEE CFE	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
R SCOTT SUTTON CFE	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
OMAR SIMMONS	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
JJ SORRENTI	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
JIM SQUIRE CFE	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
STEVEN TURNER	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
EDITH WISEMAN CFE	AT LARGE TRUSTEE	0.30	Director	$0	$0	$0
DOC COHEN	HONORARY TRUSTEE - NON-VOTING	0.30	Director	$0	$0	$0
RUSSELL FRITH	HONORARY TRUSTEE - NON-VOTING	0.30	Director	$0	$0	$0
ANN ROSENBURG	HONORARY TRUSTEE - NON-VOTING	0.30	Director	$0	$0	$0
WILLIAM HALL CFE	TREASURER	0.30	Officer	$0	$0	$0
RIKKI AMOS	FORMER EXECUTIVE DIRECTOR	40.00		$99,778	$7,306	$107,084

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	$2,566,769	$1,274,324	$10,497,533	$1,292,445
2023	$917,988	$1,152,732	$8,685,284	$-234,744
2022	$426,102	$1,429,334	$8,892,420	$-1,003,232
2021	$448,911	$810,043	$11,223,530	$-361,132
2020	$536,414	$832,847	$10,063,126	$-296,433
2019	$1,240,252	$1,084,159	$10,137,667	$156,093

IFA FOUNDATION