Ivory Bridges Foundation (EIN 851352105) - 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

Charles Lu

Phone

6192483553

Tax Period

2022-01-01 to 2022-12-31

Ivory Bridges Foundation, founded in 2020, is a small nonprofit in the Education sector that reported $232K in total revenue in fiscal year 2022. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 23% operating margin.

Mission

Ivory Bridges Foundation's mission is to ensure underserved college students realize the american dream by empowering them to become socially mobile through educational scholarships and career guidance and coaching.

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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 $232,541

Program Service Revenue $0

Investment Income $-689

Other Revenue $0

TOTAL REVENUE $231,852

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $18,084

Fundraising Expenses $0

Program Expenses $159,443

Other Expenses $149,452

TOTAL EXPENSES $177,536

Year-over-Year Comparison

	2022	2021	Change
Revenue	$231,852	$165,850	+0.4%
Expenses	$177,536	$77,090	+1.3%
Net Income	$54,316	$88,760	-0.4%

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

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

$12,617

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katelyn Martinez	Executive Dir.	20.00	Director	$12,617	$0	$12,617
Charles Lu	President	5.00	Officer Director	$0	$0	$0
Dr Anthony Heaven	Board Member	5.00	Director	$0	$0	$0
Chance Vaughan	Board Member	5.00	Director	$0	$0	$0
Cameron Merritt	Board Member	5.00	Director	$0	$0	$0
David Lu	Treasurer	5.00	Officer Director	$0	$0	$0
Kendra Royston	Board Member	5.00	Director	$0	$0	$0
Nikia Porter	Board Member	5.00	Director	$0	$0	$0
Sarah Farnam	Secretary	5.00	Officer Director	$0	$0	$0
Jerry Palacios	Board Member	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	$231,852	$177,536	$325,953	$54,316

Ivory Bridges Foundation