INDEPENDENCE REGIONAL ENNOVATI (EIN 812209930) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

DANIEL ONEILL

Phone

8164633532

Tax Period

2024-01-01 to 2024-12-31

INDEPENDENCE REGIONAL ENNOVATI, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $379K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 27% operating margin.

Mission

Provide a conducive environment for entrepreneurs and their ideas to thrive. They are committed to offering every possible chance for businesses/entrepreneurs to succeed and develop.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $124,111

Program Service Revenue $253,656

Investment Income $119

Other Revenue $985

TOTAL REVENUE $378,871

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,384

Fundraising Expenses $2,532

Program Expenses $276,242

Other Expenses $182,858

TOTAL EXPENSES $276,242

Year-over-Year Comparison

	2024	2023	Change
Revenue	$378,871	$231,026	+0.6%
Expenses	$276,242	$258,432	+0.1%
Net Income	$102,629	$-27,406	-4.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$55,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIELLE DUPRE	EXECUTIVE DIRE	40	Key Emp	$55,000	$0	$55,000
DANIEL ONEILL	BOARD CHAIR	0	Officer	$0	$0	$0
RON FINKE	CHAIR ELECT	0	Officer	$0	$0	$0
BRIDGET MCCAND	SECRETARY	0	Director	$0	$0	$0
SONCI BLECKING	TREASURER	0	Director	$0	$0	$0
DALE HERL	EXE DIRECTOR	0	Director	$0	$0	$0
DAN HOBART	EXE DIRECTOR	0	Director	$0	$0	$0
TERESA DORSCH	DIRECTOR	0	Director	$0	$0	$0
BOB GLASER	DIRECTOR	0	Director	$0	$0	$0
CHRISTINA LEAK	DIRECTOR	0	Director	$0	$0	$0
GREG MCGHEE	DIRECTOR	0	Director	$0	$0	$0
CINDY GRANT	EXE DIRECTOR	0	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	$378,871	$276,242	$416,869	$102,629
2023	$231,026	$258,432	$288,885	$-27,406

INDEPENDENCE REGIONAL ENNOVATI