NOBLE INITIATIVE 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

2019

Legal Domicile

Principal Officer

JARED WYMAN

Phone

7127892953

Tax Period

2023-01-01 to 2023-12-31

NOBLE INITIATIVE FOUNDATION, founded in 2019, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.5M, a strong 97% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO IMPACT FAMILIES IN THE GRISWOLD AND SURROUNDING COMMUNITIES BY PROVIDING A QUALITY CHILD CARE CENTER, SUPPORT FOR A STRONG SCHOOL SYSTEM, AN INCREASE IN LOCAL WORKFORCE, AND AFFORDABLE HOUSING.

Program Service Accomplishments

Program 1

PURCHASE OF BUILDING AND LAND FOR THE OPERATION OF A CHILD CARE FACILITY IN GRISWOLD, IOWA THAT WILL HELP FAMILIES IN GRISWOLD AND SURROUNDING COMMUNITIES BY PROVIDING NEEDED DAYCARE AND CHILD...

PURCHASE OF BUILDING AND LAND FOR THE OPERATION OF A CHILD CARE FACILITY IN GRISWOLD, IOWA THAT WILL HELP FAMILIES IN GRISWOLD AND SURROUNDING COMMUNITIES BY PROVIDING NEEDED DAYCARE AND CHILD DEVELOPMENT SERVICES. THE FACILITY WILL PROVIDE JOB OPPORTUNITIES AND FILL A BIG NEED IN THE COMMUNITY, COUNTY AND SURROUNDING AREAS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,534,840

Program Service Revenue $0

Investment Income $1,352

Other Revenue $0

TOTAL REVENUE $1,536,192

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,072

Fundraising Expenses $4,291

Other Expenses $24,330

TOTAL EXPENSES $49,402

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,536,192	$1,981,300	-0.2%
Expenses	$49,402	$55,109	-0.1%
Net Income	$1,486,790	$1,926,191	-0.2%

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

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
JARED WYMAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
STEVE BAIER	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
DANIEL ROSSELL	TREASURER	N/A	Officer Director	$0	$0	$0
SUE PETERSEN	BOARD MEMBER	N/A	Director	$0	$0	$0
MATT LEIGHTON	VICE PRESIDE	N/A	Director	$0	$0	$0
KARLA WILSON	BOARD MEMBER	N/A	Director	$0	$0	$0
SUE MORTENSEN	BOARD MEMBER	N/A	Director	$0	$0	$0
BARB BAIER	SECRETARY	N/A	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
2023	$1,536,192	$49,402	$4,245,371	$1,486,790
2022	$1,981,300	$55,109	$2,243,214	$1,926,191
2021	$363,952	$36,026	$328,659	$327,926