IBT CORPORATION (EIN 556023575) - 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

1953

Legal Domicile

Principal Officer

RICHARD K HALL

Phone

3047442193

Tax Period

2023-01-01 to 2023-12-31

IBT CORPORATION, founded in 1953, is a small nonprofit that reported $152K in total revenue in fiscal year 2023. Revenue surged 107% from the prior year, signaling strong growth momentum. Net assets of $1.1M represent 85 months of operating reserves.

Mission

TO HOLD TITLE TO PROPERTY FOR PARENT ENTITY WHICH IS USED TO FURTHER THE PURPOSE OF RAISING THE STANDING AND POSITION OF ORGANIZED LABOR.

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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 $72,000

Investment Income $80,000

Other Revenue $0

TOTAL REVENUE $152,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,846

Other Expenses $151,846

TOTAL EXPENSES $151,846

Year-over-Year Comparison

	2023	2022	Change
Revenue	$152,000	$73,500	+1.1%
Expenses	$151,846	$129,900	+0.2%
Net Income	$154	$-56,400	-1.0%

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

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

$808,793

Total Directors

$832,716

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD K HALL	PRESIDENT	1.00	Officer Director	$0	$57,615	$179,056
KELLIE S SHAMBLIN	VICE-PRESIDE	1.00	Officer Director	$0	$28,488	$86,224
LUKE FARLEY	SECRETARY-TR	1.50	Officer Director	$0	$57,615	$176,975
STEVEN L DAY	VICE-PRESIDE	1.00	Officer Director	$0	$57,615	$197,419
GEORGE SCOTT	TRUSTEE	0.50	Director	$0	$0	$8,083
DARREN KIMBERLING	TRUSTEE	0.50	Director	$0	$0	$7,920
DON PERDUE	RECORDING SE	1.00	Officer Director	$0	$57,615	$169,119
KEVIN MCKINNEY	TRUSTEE	0.50	Director	$0	$0	$7,920

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$152,000	$151,846	$1,075,961	$154
2022	$73,500	$129,900	$1,175,807	$-56,400
2021	$78,911	$115,064	$1,007,628	$-36,153
2020	$77,500	$106,400	$1,043,781	$-28,900
2019	$78,193	$110,070	$1,072,681	$-31,877
2018	$78,339	$121,374	$1,104,558	$-43,035

IBT CORPORATION