INDEPENDENT ARIZONA

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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

2022

Legal Domicile

Principal Officer

LISA HOBERG

Phone

4803755363

Tax Period

2023-01-01 to 2023-12-31

INDEPENDENT ARIZONA, founded in 2022, is a small nonprofit in the Civil Rights & Advocacy sector that reported $201K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $64K, a strong 32% operating margin.

Mission

INDEPENDENT ARIZONA ENVISIONS AN ARIZONA WHERE POLITICAL POWER IS USED TO BETTER ARIZONA AND ADDRESSES ITS MOST PRESSING ISSUES.

Program Service Accomplishments

Program 1

Expenses: $136,166

INDEPENDENT ARIZONA ENVISIONS AN ARIZONA WHERE POLITICAL POWER IS USED TO BETTER ARIZONA AND ADDRESSES ITS MOST PRESSING ISSUES. INDEPENDENT ARIZONA WILL IDENTIFY, UNITE, AND ENGAGE VOTERS WHO WANT TO ELECT PEOPLE WHO WILL FIND COMMON GROUND TO SERVE ALL ARIZONANS AND SOLVE THE STATES MOST PRESSING PROBLEMS. INDEPENDENT ARIZONA WILL GIVE SOLUTION-ORIENTED LEADERS AND VOTERS A VOICE AND A POWERFUL PLATFORM TO IMPACT POLICY AND ELECTIONS.

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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 $200,972

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $200,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $136,166

Other Expenses $136,560

TOTAL EXPENSES $136,560

Year-over-Year Comparison

	2023	2022	Change
Revenue	$200,972	$1,006,096	-0.8%
Expenses	$136,560	$937,568	-0.9%
Net Income	$64,412	$68,528	-0.1%

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
HEATHER CARTER	DIRECTOR	001.00	Director	$0	$0	$0
LISA HOBERG	DIRECTOR	001.00	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
2023	$200,972	$136,560	$132,940	$64,412
2022	$1,006,096	$937,568	$68,528	$68,528