FRIENDS OF IGNOTA FOUNDATION

🔒

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

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. THE FOUNDATION MAY RAISE AND GRANT FUNDS TO SUPPORT PROGRAMS AND PROJECTS OF IGNOTA FOUNDATION ("IGNOTA"), A COMPANY LIMITED BY GUARANTEE THAT IS A REGISTERED CHARITY IN ENGLAND AND WALES. THE BOARD OF THE DIRECTORS OF THE FOUNDATION SHALL PROMOTE AND SUPPORT GREATER UNDERSTANDING OF THE IMPACT ON SOCIETY OF INCREASED ACCESS TO EDUCATION THROUGH SUPPORTING RESEARCH, PUBLICATIONS, LECTURES, DISCUSSIONS, AND SYMPOSIA AMONG EDUCATORS, ACADEMIC, STAKEHOLDERS, AND THE GENERAL PUBLIC, BOTH IN THE UNITED STATES AND WORLDWIDE.

Program Service Accomplishments

Program 1

THE FOUNDATION SUPPORTS INCREASED ACCESS TO EDUCATION, PARTICULARLY FOR THE UNDERSERVED AND DISADVANTAGED POPULATIONS, IN FURTHERANCE OF SUCH PURPOSES, DURING 2021 THE FOUNDATION RAISED FUNDS TO MAKE FUTURE GRANTS TO FUND SCHOLARSHIPS AT THE IGNOTA FOUNDATION, A COMPANY LIMITED BY GURANTEE THAT IS A REGISTERED CHARITY IN ENGLAND AND WALES.

🔒

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 (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

🔒

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

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
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