IPAA EDUCATIONAL FOUNDATION (EIN 521849282) - 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

1993

Legal Domicile

Principal Officer

C JEFFREY ESHELMAN

Phone

2028574722

Tax Period

2023-01-01 to 2023-12-31

IPAA EDUCATIONAL FOUNDATION, founded in 1993, is a micro nonprofit that reported $23K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $89K exceeded revenue, resulting in a 291% operating deficit.

Mission

THE FOUNDATION SUPPORTS PROGRAMS THAT EDUCATE THE PUBLIC ABOUT THE OIL AND NATURAL GAS INDUSTRY AND PROVIDES GRANTS TO CHARITABLE AND EDUCATION PROGRAMS, PARTICULARLY RELATED TO ENERGY EDUCATION.

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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 $22,841

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $22,844

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $76,243

Other Expenses $89,279

TOTAL EXPENSES $89,279

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,844	$300,967	-0.9%
Expenses	$89,279	$330,876	-0.7%
Net Income	$-66,435	$-29,909	+1.2%

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

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

$726,831

Total Directors

$726,831

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
C JEFFREY ESHELMAN	PRESIDENT/CE	1.00	Officer Director	$0	$32,417	$382,417
DANIEL NAATZ	TREASURER/SE	1.00	Officer Director	$0	$34,114	$344,414
STEVEN PRUETT	CHAIRMAN	1.00	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
2023	$22,844	$89,279	No data	$-66,435
2022	$300,967	$330,876	$107,257	$-29,909
2021	$387,603	$429,417	$210,767	$-41,814
2020	$491,644	$554,961	$353,998	$-63,317
2019	$645,191	$750,078	$355,843	$-104,887
2018	$804,267	$665,167	$622,565	$139,100

IPAA EDUCATIONAL FOUNDATION