FRIENDS OF IGNOTA FOUNDATION

EIN: 812731070 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$100,000
Total Expenses
$1,040
Total Assets
$194,897
Net Assets
$194,897
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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
DE
Principal Officer
RACHAEL BENNETT
Phone
2123362041
Tax Period
2021-01-01 to 2021-12-31

FRIENDS OF IGNOTA FOUNDATION, founded in 2016, is a small nonprofit in the International Affairs sector that reported $100K in total revenue in fiscal year 2021. The organization ran a surplus of $99K, a strong 99% operating margin.

Mission

THE FOUNDATION FOSTERS AND SUPPORTS INCREASED ACCESS TO EDUCATION, PARTICULARLY FOR UNDERSERVED AND DISADVANTAGED POPULATIONS.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $100,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,040
TOTAL EXPENSES $1,040

Year-over-Year Comparison

2021 2020 Change
Revenue $100,000 $100,500 0.0%
Expenses $1,040 $82,165 -1.0%
Net Income $98,960 $18,335 +4.4%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHAEL BENNETT PRESIDENT 1.00
Officer Director
$0 $0 $0
CARA BEATMAN TREASURER 1.00
Officer Director
$0 $0 $0
DENISE ANGELO SECRETARY 1.00
Officer Director
$0 $0 $0
JENNY GARCIA 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
2021 $100,000 $1,040 $194,897 $98,960
2020 $100,500 $82,165 $95,937 $18,335
2019 No data $81,687 $77,602 No data
2018 $500 $4,797 $159,289 $-4,297
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