IRMO FUTURE GROWTH CORPORATION INC (EIN 851533530) - 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

BEACH LOVELAND

Phone

8037693535

Tax Period

2023-01-01 to 2023-12-31

IRMO FUTURE GROWTH CORPORATION INC, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $10K in total revenue in fiscal year 2023. Revenue surged 900% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 39% operating margin.

Mission

BENEFIT THE ECONOMY OF IRMO BY FOSTERING EMPLOYMENT AND GROWTH OPPORTUNITIES AND THE EXPANSION OF BUSINEES AND INDUSTRY, TO FURTHER ECOOMIC DEVELOPMENT AND GROWTH IN THE IRMO ECONOMICALLY IMPACTED AREA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $10,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,042

Other Expenses $6,092

TOTAL EXPENSES $6,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,000	$1,000	+9.0%
Expenses	$6,092	$1,066	+4.7%
Net Income	$3,908	$-66	-60.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM DANIELSON	ADVISOR	2.00		$0	$0	$0
KERRY POWERS	VICE CHAIR	4.00	Officer	$0	$0	$0
ERIC SICKENGER	ADVISOR	4.00		$0	$0	$0
BEACH LOVELAND	CHAIR	4.00	Officer	$0	$0	$0
AMY CASKEY	DIRECTOR	2.00		$0	$0	$0
KELLEN MONROE	DIRECTOR	2.00		$0	$0	$0
SCOT MOSELEY	DIRECTOR	2.00		$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$10,000	$6,092	$40,622	$3,908
2022	$1,000	$1,066	$36,714	$-66
2021	$251,300	$214,520	$36,780	$36,780

IRMO FUTURE GROWTH CORPORATION INC