IBOM GLOBAL HEALTHCARE INITIATIVE (EIN 841995245) - 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

2019

Legal Domicile

Principal Officer

ELSIE OBOT

Phone

2813307561

Tax Period

2021-01-01 to 2021-12-31

IBOM GLOBAL HEALTHCARE INITIATIVE, founded in 2019, is a micro nonprofit in the Health Care sector that reported $10K in total revenue in fiscal year 2021. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9K, a strong 95% operating margin.

Mission

The Organization was formed on June 30, 2019 to promote events, programs and services that will bring progress to our community, and community members of Akwa Ibom State indigenes residing here in the United States. We will accomplish our mission through broad membership participation and building alliances with other ethnic organizations within our maximum impact environment.

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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 (2021)

Revenue Breakdown

Contributions & Grants $9,650

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $9,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $450

Other Expenses $450

TOTAL EXPENSES $450

Year-over-Year Comparison

	2021	2020	Change
Revenue	$9,650	$5,500	+0.8%
Expenses	$450	$1,335	-0.7%
Net Income	$9,200	$4,165	+1.2%

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
MOSES UDOH	VICE PRESIDENT	5	Officer	$0	$0	$0
JOHN BASSEY	DIRECTOR	6	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
2021	$9,650	$450	$34,806	$9,200
2020	$5,500	$1,335	$12,352	$4,165

IBOM GLOBAL HEALTHCARE INITIATIVE