IRON LIGHT LABS (EIN 861206324) - 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

2021

Legal Domicile

Principal Officer

ERIC TUBBS

Phone

3129532006

Tax Period

2023-01-01 to 2023-12-31

IRON LIGHT LABS, founded in 2021, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

IRON LIGHT LABS RUNS A CREATIVE INCUBATOR THAT DEVELOPS NETFLIX-QUALITY FILMS TO PERSUADE AUDIENCES AND IMPACT CULTURE, EXPERIMENTS WITH HUMOR TO CUT THROUGH THE ATTENTION ECONOMY, AND BRINGS NONTRADITIONAL PARTNERS TOGETHER TO CREATE A COMMUNITY OF WELL-TRAINED ADVOCATES FOR A FREE SOCIETY.

🔒

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 $1,745,053

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,745,053

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $112,932

Fundraising Expenses $36,218

Program Expenses $1,685,348

Other Expenses $1,728,088

TOTAL EXPENSES $1,851,020

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,745,053	$1,385,039	+0.3%
Expenses	$1,851,020	$1,367,915	+0.4%
Net Income	$-105,967	$17,124	-7.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC TUBBS	CHAIRMAN	40.00	Officer Director	$0	$0	$0
JOHN TILLMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK MILLER	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT BARBIE	DIRECTOR	1.00	Director	$0	$0	$0
SARA ALBRECHT	DIRECTOR	1.00	Director	$0	$0	$0
KENT EMMONS	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$1,745,053	$1,851,020	$38,819	$-105,967
2022	$1,385,039	$1,367,915	$312,242	$17,124
2021	$916,061	$913,957	$172,661	$2,104

IRON LIGHT LABS