THE INSTITUTE OF FINANCIAL OPERATIONS (EIN 593217295) - 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

SHELBY RAY

Phone

4073513322

Tax Period

2022-01-01 to 2022-12-31

THE INSTITUTE OF FINANCIAL OPERATIONS, founded in 1993, is a micro nonprofit that reported $98K in total revenue in fiscal year 2022. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $95K left a modest 4% surplus.

Mission

THE INSTITUTION OF FINANCIAL OPERATIONS WILL STAND AS THE LEADING AUTHORITY FOR THE FINANCIAL OPERATIONS UNIVERSE. WE WILL SERVE AS THE TRUSTED VOICE AND THE PRIMARY RESOURCE FOR OUR MEMBERS AND THEIR PROFESSIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $84,719

Program Service Revenue $13,634

Investment Income $0

Other Revenue $0

TOTAL REVENUE $98,353

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,818

Fundraising Expenses $0

Program Expenses $94,514

Other Expenses $35,696

TOTAL EXPENSES $94,514

Year-over-Year Comparison

	2022	2021	Change
Revenue	$98,353	$135,871	-0.3%
Expenses	$94,514	$122,202	-0.2%
Net Income	$3,839	$13,669	-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

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MALLON	DIRECTOR	1.00	Director	$0	$0	$0
JOE FLYNN	CHAIRMAN	5.00	Officer Director	$0	$0	$0
JOSH MORRISON	VICE CHAIR	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
2022	$98,353	$94,514	$43,243	$3,839
2021	$135,871	$122,202	$33,989	$13,669
2020	$183,100	$143,894	$33,481	$39,206
2019	$259,461	$279,013	$21,231	$-19,552
2018	$307,286	$315,613	$53,635	$-8,327

THE INSTITUTE OF FINANCIAL OPERATIONS