MITS-GIVES INC (EIN 882004417) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

MICHAEL L IHRIG

Phone

7574100435

Tax Period

2024-01-01 to 2024-12-31

MITS-GIVES INC, founded in 2022, is a micro nonprofit in the Recreation & Sports sector that reported $3K in total revenue in fiscal year 2022. The organization ran a surplus of $3K, a strong 99% operating margin.

Mission

TO ENSURE THAT MORE VETERANS RECEIVE FUNERAL HONORS, MITS-GIVES, INC. HAS PARTNERED WITH THE VIRGINIA DEPARTMENT OF VETERANS SERVICES (DVS) TO ESTABLISH THE ALBERT G. HORTON, JR. MEMORIAL VETERANS CEMETERY HONOR GUARD CORPS. THE GOAL OF THE AGHMHGC IS TO PROVIDE HONORS TO ALL WHO REQUEST THEM.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,890

Program Service Revenue $0

Investment Income $7

Other Revenue $0

TOTAL REVENUE $21,897

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $260

Other Expenses $4,390

TOTAL EXPENSES $4,390

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,897	$6,176	+2.5%
Expenses	$4,390	$3,705	+0.2%
Net Income	$17,507	$2,471	+6.1%

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

N/A

Employees

N/A

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

$746,052

Total Directors

$746,052

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL L IHRIG	PRESIDENT	1.00	Officer Director	$0	$0	$222,926
MARY L IHRIG	SECRETARY	0.00	Officer Director	$0	$0	$89,421
MELISSA L CIPPEL	VICE PRESIDENT	0.00	Officer Director	$0	$0	$216,713
MICHAEL L IHRIG II	TREASURER	0.00	Officer Director	$0	$0	$216,992

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	$21,897	$4,390	$29,617	$17,507
2023	$6,176	$3,705	$9,110	$2,471
2022	$3,164	$25	$3,139	$3,139

MITS-GIVES INC