ICM FOUNDATION INC (EIN 680546508) - 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

2003

Legal Domicile

Principal Officer

JAMES LODEN

Phone

6155339249

Tax Period

2023-01-01 to 2023-12-31

ICM FOUNDATION INC, founded in 2003, is a micro nonprofit in the Religion sector that reported $23K in total revenue in fiscal year 2023. Revenue surged 525% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16K, a strong 71% operating margin.

Mission

TO FURNISH FACILITIES AT NO CHARGE TO CHURCHES WHO WOULD OTHERWISE BE UNABLE TO AFFORD SUCH FACILITIES.

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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 $218

Program Service Revenue $0

Investment Income $22,635

Other Revenue $270

TOTAL REVENUE $23,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,650

TOTAL EXPENSES $6,650

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,123	$3,702	+5.2%
Expenses	$6,650	$6,911	0.0%
Net Income	$16,473	$-3,209	-6.1%

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

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
JEREMY GEORGE	SECRETARY	10.00	Officer Director	$0	$0	$0
CHARLES NEWSOM	TREASURER	10.00	Officer Director	$0	$0	$0
RANDY WOLCOTT	DIRECTOR	10.00	Director	$0	$0	$0
HARALD MELSON	DIRECTOR	10.00	Director	$0	$0	$0
KENNY PURVIS	PRESIDENT	20.00	Officer Director	$0	$0	$0
JAMES SUTTON	DIRECTOR	10.00	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	$23,123	$6,650	$6,774,623	$16,473
2022	$3,702	$6,911	$6,863,124	$-3,209
2021	$21,396	$65,671	$7,072,338	$-44,275
2020	$89,526	$85,662	$7,031,021	$3,864
2019	$227,118	$101,063	$6,997,619	$126,055
2019	$212,118	$101,063	$6,982,619	$111,055
2018	$160,831	$116,585	$6,871,564	$44,246

ICM FOUNDATION INC