IG FAMILY FOUNDATION INC (EIN 842953718) - 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

Bert Bean

Phone

4042572418

Tax Period

2025-01-01 to 2025-12-31

IG FAMILY FOUNDATION INC, founded in 2019, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 19% operating deficit.

Mission

Providing financial aid to persons who have experienced a qualifying hardship and, as a result, are in need of immediate assistance.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,755,889

Program Service Revenue $0

Investment Income $72,183

Other Revenue $0

TOTAL REVENUE $1,828,072

Expense Breakdown

Grants Paid $1,881,894

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,083,384

Other Expenses $299,683

TOTAL EXPENSES $2,181,577

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,828,072	$1,460,063	+0.3%
Expenses	$2,181,577	$1,342,407	+0.6%
Net Income	$-353,505	$117,656	-4.0%

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
Bert Bean	President, Director	1	Officer	$0	$0	$0
Ngoc-Chi Nguyen Swallow	Treasurer	1	Officer	$0	$0	$0
Ariel D Zion	Secretary	1	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
2025	$1,828,072	$2,181,577	$2,040,162	$-353,505
2024	No data	No data	No data	No data
2023	$3,195,954	$1,510,637	$2,252,248	$1,685,317
2022	$1,131,877	$1,012,270	$566,931	$119,607
2021	$582,637	$601,106	$447,324	$-18,469
2020	$801,328	$443,658	$472,640	$357,670

IG FAMILY FOUNDATION INC