IMS FOUNDATION (EIN 863279821) - 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

2021

Legal Domicile

Principal Officer

KENNETH PHELAN

Phone

6102005100

Tax Period

2024-07-01 to 2025-06-30

IMS FOUNDATION, founded in 2021, is a community nonprofit in the Public & Societal Benefit sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.3M, a strong 98% operating margin.

Mission

TO RECEIVE, MANAGE, DISTRIBUTE ASSETS FOR CHARITABLE PURPOSES IN SUPPORT OF INDEPENDENCE MISSION SCHOOLS, A PENNSYLVANIA NON-PROFIT CORPORATION RECOGNIZED AS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE CODE AS A PUBLIC CHARITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,171,480

Program Service Revenue $0

Investment Income $151,403

Other Revenue $0

TOTAL REVENUE $1,322,883

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $32,953

TOTAL EXPENSES $32,953

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,322,883	$5,087,392	-0.7%
Expenses	$32,953	$6,077	+4.4%
Net Income	$1,289,930	$5,081,315	-0.7%

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
LAUREN ADAMSKI	TREASURER	1.00	Officer Director	$0	$0	$0
MARIS OGG	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KENNETH PHELAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHEN SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL PIOTROWICZ	BOARD MEMBER	1.00	Director	$0	$0	$0
SR MARY BRODERICK	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD NOURIE	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH STAPLETON	SECRETARY	0.05	Officer	$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	$1,322,883	$32,953	$40,413,352	$1,289,930
2024	$5,087,392	$6,077	$33,430,323	$5,081,315
2023	$1,312,069	$1,007,608	$18,522,178	$304,461
2022	$8,736,276	$1,032	$8,663,872	$8,735,244

IMS FOUNDATION