Noiz Ivy Inc (EIN 522330471) - 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

2001

Legal Domicile

Principal Officer

Devon Loffreto

Phone

5409998729

Tax Period

2023-01-01 to 2023-12-31

Noiz Ivy Inc, founded in 2001, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 40% operating margin.

Mission

To empower Science, Technology, Engineering, Arts and Mathematics education and entrepreneurial learning within local communities using technology and peer-to-peer exchange models.

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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 $2,479,793

Investment Income $48,193

Other Revenue $0

TOTAL REVENUE $2,527,986

Expense Breakdown

Grants Paid $43,310

Salaries & Benefits $694,645

Fundraising Expenses $0

Program Expenses $1,293,577

Other Expenses $786,959

TOTAL EXPENSES $1,524,914

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,527,986	$2,010,806	+0.3%
Expenses	$1,524,914	$1,403,297	+0.1%
Net Income	$1,003,072	$607,509	+0.7%

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

N/A

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

$80,000

Total Directors

$80,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Devon Loffreto	President	35.00	Officer Director	$40,000	$0	$40,000
Melora Loffreto	Treasurer	35.00	Officer Director	$40,000	$0	$40,000

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	$2,527,986	$1,524,914	$5,342,991	$1,003,072
2022	$2,010,806	$1,403,297	$3,829,713	$607,509
2021	$1,552,436	$1,108,760	$2,891,472	$443,676
2020	$1,587,067	$982,692	$2,274,535	$604,375
2019	$1,396,414	$1,287,574	$1,720,149	$108,840
2018	$1,387,828	$905,428	$1,503,008	$482,400

Noiz Ivy Inc