Inable (EIN 651272293) - 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

2015

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Inable, founded in 2015, is a small nonprofit in the International Affairs sector that reported $538K in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $818K exceeded revenue, resulting in a 52% operating deficit.

Mission

Empower the blind and visually impaired students through computer assistive technology.

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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 $537,584

Program Service Revenue $0

Investment Income $90

Other Revenue $0

TOTAL REVENUE $537,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,632

Fundraising Expenses $0

Program Expenses $817,672

Other Expenses $805,040

TOTAL EXPENSES $817,672

Year-over-Year Comparison

	2023	2022	Change
Revenue	$537,674	$308,576	+0.7%
Expenses	$817,672	$290,147	+1.8%
Net Income	$-279,998	$18,429	-16.2%

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

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

$12,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Irene Kirika	Executive Director	50.00	Officer	$12,000	$0	$12,000
Benard Chitunga	Director	1.00	Director	$0	$0	$0
Vincent Aberi	Director	1.00	Director	$0	$0	$0
Sara Basson	Director	1.00	Director	$0	$0	$0
Joe Kiarie	Director	1.00	Director	$0	$0	$0
Mercy Ndegwa	Director	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
2024	No data	No data	No data	No data
2023	$537,674	$817,672	$340,171	$-279,998
2022	$308,576	$290,147	$125,290	$18,429
2021	$214,163	$257,290	$90,169	$-43,127
2020	$73,115	$163,928	$113,794	$-90,813
2019	$156,794	$61,040	$92,552	$95,754
2018	$43,616	$44,729	$1,004	$-1,113

Inable