IBIS FOUNDATION INC (EIN 812905300) - 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

2016

Legal Domicile

Principal Officer

DR FRANCIS DESIDERIO

Phone

9128711000

Tax Period

2020-01-01 to 2020-12-31

IBIS FOUNDATION INC, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $526K in total revenue in fiscal year 2020. Revenue surged 332% from the prior year, signaling strong growth momentum.

Mission

FORMED IN JANUARY 2017, THE VISION OF THE IBIS FOUNDATION IS SIMPLE, FOCUSING ON THE BENEFITS OF A SOCCER LIFESTYLE BY TEACHING THE FUNDAMENTALS OF THE SPORT AT THE HIGHEST LEVEL IN A HEALTHY AND COMPETITIVE SETTING. WE PROMOTE THE INTERNATIONAL SPORT OF SOCCER BY PROVIDING ACCESSIBLE RESOURCES AND OPPORTUNITIES FOR PLAYERS TO PROPERLY TRAIN, LEARN, AND IMPROVE SOCCER SKILLS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $526,079

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $526,079

Expense Breakdown

Grants Paid $507,490

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $508,117

Other Expenses $3,712

TOTAL EXPENSES $511,202

Year-over-Year Comparison

	2020	2019	Change
Revenue	$526,079	$121,847	+3.3%
Expenses	$511,202	$108,357	+3.7%
Net Income	$14,877	$13,490	+0.1%

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
DR DON AARON	BOARD MEMBER	N/A	Director	$0	$0	$0
KEITH BROWN	BOARD MEMBER	N/A	Director	$0	$0	$0
DR BRIAN DELOACH	BOARD MEMBER	N/A	Director	$0	$0	$0
DR FRANCIS DESIDERIO	PRESIDENT	N/A	Officer Director	$0	$0	$0
MANDY EDWARDS	SECRETARY	N/A	Officer Director	$0	$0	$0
ART FRANKLIN	BOARD MEMBER	N/A	Director	$0	$0	$0
DENNIS KEY	BOARD MEMBER	N/A	Director	$0	$0	$0
EUN LEE	BOARD MEMBER	N/A	Director	$0	$0	$0
JOSH PHELPS	BOARD MEMBER	N/A	Director	$0	$0	$0
DARIN VAN TASSEL	EX-OFFICIO	N/A	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
2020	$526,079	$511,202	$32,112	$14,877

IBIS FOUNDATION INC