IBEC INC (EIN 851205136) - 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

2020

Legal Domicile

Principal Officer

EDWARD J COWAN

Phone

3212465404

Tax Period

2022-01-01 to 2022-12-31

IBEC INC, founded in 2020, is a small nonprofit in the Science & Technology sector that reported $111K in total revenue in fiscal year 2022. Revenue fell 67% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $22K, a strong 20% operating margin.

Mission

BRIDGING THE GAP BETWEEN PROVEN SCIENTIFIC PROCESS & REAL-WORLD APPLICATION FOR HEALTHY CONGREGATION IBEC'S VISION WE SEEK TO ACCELERATE THE CONTRIBUTIONS OF SCIENCE AND TECHNOLOGY TO PROMOTE CLEAN SPACES AND HEALTHY BUILT ENVIRONMENTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $110,911

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $110,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,898

Other Expenses $89,250

TOTAL EXPENSES $89,250

Year-over-Year Comparison

	2022	2021	Change
Revenue	$110,911	$341,142	-0.7%
Expenses	$89,250	$292,422	-0.7%
Net Income	$21,661	$48,720	-0.6%

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

$16,604

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAYNE MORROW	PRESIDENT	5.00	Officer Director	$0	$0	$0
KENNETH MARTINEZ	CHIEF SCIENCE OFFICER	10.00	Director	$16,604	$0	$16,604
EDWARD COWAN	SECRETARY	5.00	Officer Director	$0	$0	$0
THEODORE COWAN	DIRECTOR	5.00	Director	$0	$0	$0
ANTHONY COWAN	TREASURER	3.00	Officer Director	$0	$0	$0
KESAL PATEL	DIRECTOR	5.00	Director	$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
2022	$110,911	$89,250	$78,540	$21,661
2021	$341,142	$292,422	$96,579	$48,720

IBEC INC