Metals Innovation Initiative Inc (EIN 883325386) - 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

2022

Legal Domicile

Phone

7703786670

Tax Period

2023-10-01 to 2024-09-30

Metals Innovation Initiative Inc, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $993K left a modest 14% surplus.

Mission

TO FACILITATE ECOSYSTEM COLLABORATION FOR METALS-RELATED R&D, TECHNOLOGY COMMERCIALIZATION, TALENT & WORKFORCE DEVELOPMENT, AND INFORMATION SHARING IN KENTUCKY.

🔒

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 $1,047,380

Program Service Revenue $107,780

Investment Income $5,403

Other Revenue $0

TOTAL REVENUE $1,160,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $128,876

Program Expenses $714,954

Other Expenses $992,692

TOTAL EXPENSES $992,692

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,160,563	$1,081,419	+0.1%
Expenses	$992,692	$654,578	+0.5%
Net Income	$167,871	$426,841	-0.6%

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

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

$110,259

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA HAGAN	SECRETARY / TREASURER	1.0	Officer Director	$0	$0	$0
MATTHEW BEDINGFIELD	CHAIR	1.0	Officer Director	$0	$0	$0
BOB EVISTON	DIRECTOR	1.0	Director	$0	$0	$0
CHRISTOBAL FUENTES	DIRECTOR	1.0	Director	$0	$0	$0
DR TIMOTHY CABONI	DIRECTOR	1.0	Director	$0	$0	$0
HENRY GORDINIER	DIRECTOR	1.0	Director	$0	$0	$0
MIKE BUCKENTIN	DIRECTOR	1.0	Director	$0	$0	$0
MONIQUE KUYKENDOLL QUARTERMAN	EX-OFFICIO BOARD MEMBER	1.0	Director	$0	$0	$0
TERRY SAMUEL	EX-OFFICIO BOARD MEMBER	1.0	Director	$0	$0	$0
ZAK CHEHAB	DIRECTOR	1.0	Director	$0	$0	$0
LELAND LORENTZEN	CFO	10.0	Officer	$40,059	$0	$40,059
SUMMER GOLDMAN	COO	10.0	Officer	$70,200	$0	$70,200
VIJAY KAMINENI	CEO	20.0	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
2024	$1,160,563	$992,692	$725,244	$167,871
2023	$1,081,419	$654,578	$578,128	$426,841
2022	$285,001	$3,470	$281,531	$281,531

Metals Innovation Initiative Inc