SERGE IBAKA FOUNDATION INC (EIN 815215301) - 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

2017

Legal Domicile

Principal Officer

SERGE IBAKA

Phone

3053618969

Tax Period

2023-01-01 to 2023-12-31

SERGE IBAKA FOUNDATION INC, founded in 2017, is a micro nonprofit in the International Affairs sector that reported $29K in total revenue in fiscal year 2023. Revenue surged 471% from the prior year, signaling strong growth momentum. Expenses of $113K exceeded revenue, resulting in a 297% operating deficit.

Mission

THE FOUNDATION SERVES AS A VEHICLE TO PROVIDE SUPPORT TO YOUTH CAMPS, HOSPITALS, SCHOOLS, AND TO PROVIDE FINANCIAL SUPPORT FOR COLLEGE WORLDWIDE, INCLUDING BUT NOT LIMITED TO, THE CONGO, AFRICA, THE UNITED STATES, AND EUROPE.

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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 $28,532

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $28,532

Expense Breakdown

Grants Paid $110,140

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $110,140

Other Expenses $3,197

TOTAL EXPENSES $113,337

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,532	$5,000	+4.7%
Expenses	$113,337	$77,389	+0.5%
Net Income	$-84,805	$-72,389	+0.2%

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
SERGE J IBAKA	PRESIDENT	4.00	Officer Director	$0	$0	$0
ANDY MILLER	DIRECTOR	0.00	Director	$0	$0	$0
JUAN AISA	DIRECTOR	0.50	Director	$0	$0	$0
PERE GALLEGO	DIRECTOR	15.00	Director	$0	$0	$0
MIGUEL ALFAGEME	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
HECTOR J MIR ESQ	SECRETARY	1.00	Officer Director	$0	$0	$0
VICTOR M GIL	TREASURER	6.00	Officer	$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	$28,532	$113,337	$60,396	$-84,805
2022	$5,000	$77,389	$145,201	$-72,389
2021	$214,200	$192,916	$217,590	$21,284
2020	$238,147	$231,871	$196,306	$6,276
2019	$201,799	$244,588	$190,030	$-42,789
2018	$235,870	$112,451	$232,819	$123,419

SERGE IBAKA FOUNDATION INC