THE IBELIEVE FOUNDATION (EIN 611845157) - 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

2016

Legal Domicile

Phone

3044945918

Tax Period

2023-01-01 to 2023-12-31

THE IBELIEVE FOUNDATION, founded in 2016, is a small nonprofit in the Youth Development sector that reported $174K in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $356K exceeded revenue, resulting in a 105% operating deficit.

Mission

THE IBELIEVE FOUNDATION PROVICES EXPERIENTIAL OPPORTUNITES FOR APPALACHIAN YOUTH AND CONTINUES TO DELEVOP THE SKILLS BEHAVIORS AND ATTITUDES NECESSARY FOR SUCESS IN HIGH SCHOOL AND BEYOND. ULTIMELY OUR GOAL IS TO INSPIRE LEADERSHIP THAT RESULTS IN POSITIVE CHANGE - IN SCHOOLS OUR REGION AND THE WORLD.

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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 $173,515

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $173,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,315

Fundraising Expenses $20,538

Program Expenses $271,157

Other Expenses $140,254

TOTAL EXPENSES $356,069

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,515	$501,054	-0.7%
Expenses	$356,069	$317,585	+0.1%
Net Income	$-182,554	$183,469	-2.0%

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

Volunteers

121

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

$60,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amista Lipot	Board Chair	1.00	Director	$0	$0	$0
Cameron Little	Vice Chair	1.00	Director	$0	$0	$0
Greg Lestini	Secretary Treasurer	1.00	Director	$0	$0	$0
Beau Euton	Board Member	1.00	Director	$0	$0	$0
Jason Wan	Board Member	1.00	Director	$0	$0	$0
Stefani Murray	Executive Director	40.00	Officer	$60,000	$0	$60,000
Amanda Kubinsky	Board Member	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	$173,515	$356,069	$55,733	$-182,554
2022	$501,054	$317,585	$211,281	$183,469
2021	$332,882	$252,975	$34,065	$79,907
2020	$220,223	$281,866	$7,962	$-61,643

THE IBELIEVE FOUNDATION