QUBIC LABS INC (EIN 843792858) - Form 990 Financial Analysis & Trantor Score

🔒

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

JOHN O'KEEFFE

Phone

6172858881

Tax Period

2023-01-01 to 2023-12-31

QUBIC LABS INC, founded in 2019, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 140% from the prior year, signaling strong growth momentum. The organization ran a surplus of $245K, a strong 23% operating margin.

Mission

QUBIC LABS IS DEDICATED TO IDENTIFYING AND SUPPORTING ENTREPRENEURS PROVIDING PRACTICAL BUSINESS SOLUTIONS. WE ARE COMMITTED TO BUILDING AN ECOSYSTEM OF ENTREPRENEURS THAT WILL MAKE COMMERCE AND GOVERNMENT MORE EFFICIENT, EFFECTIVE AND INNOVATIVE.

🔒

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 $977,820

Program Service Revenue $62,650

Investment Income $0

Other Revenue $3,272

TOTAL REVENUE $1,043,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $316,207

Fundraising Expenses $0

Program Expenses $712,752

Other Expenses $482,399

TOTAL EXPENSES $798,606

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,043,742	$434,816	+1.4%
Expenses	$798,606	$584,993	+0.4%
Net Income	$245,136	$-150,177	-2.6%

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

N/A

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

$185,298

Total Directors

$89,469

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM GURWITZ	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM WEDDLETON	DIRECTOR	0.50	Director	$0	$0	$0
IAN CAIN	PRESIDENT/TREASURER/SECRET	40.00	Officer Director	$89,469	$0	$89,469
JOHN O'KEEFFE	CEO	40.00	Officer	$95,829	$0	$95,829

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	$1,043,742	$798,606	$224,290	$245,136
2022	$434,816	$584,993	$28,402	$-150,177

QUBIC LABS INC