IFTAS INC

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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

2023

Legal Domicile

Principal Officer

JAZ-MICHAEL KING

Phone

9142004430

Tax Period

2023-06-01 to 2023-12-31

IFTAS INC, founded in 2023, is a small nonprofit in the Public & Societal Benefit sector that reported $384K in total revenue in fiscal year 2023. The organization ran a surplus of $360K, a strong 94% operating margin.

Mission

IFTAS IS COMMITTED TO FOSTERING A SAFER, MORE INCLUSIVE OPEN SOCIAL WEB BY EMPOWERING VOLUNTEER MODERATORS WITH THE TOOLS, RESOURCES, AND SUPPORT NECESSARY TO NAVIGATE THE COMPLEXITIES OF DIGITAL CONTENT MODERATION.

Program Service Accomplishments

Program 1

Expenses: $8,500 Revenue: $0

MEMBER COMMUNITY - THE MEMBER COMMUNITY IS AN ELECTRONC CHAT SERVICE AND INTERNET WEB PORTAL FOR STAEKHOLDERS TO CONVENE AND CONNECT TO EACH OTHER, AS WELL AS ACCESS RESOURCES AND MATERIALS WE MAKE AVAILABLE. THIS PROGRAM CONVENES LEADING VOICES, EXPERTS AND MODERATOR COMMUNITIES TO DEVELOP GUIDELINES AND RESOURCES THAT ARE BUILT IN CONSENSUS AND ACTIONABLE IN APPROACH.

Program 2

Expenses: $8,407 Revenue: $0

MODERATION SERVICES - OUR MODERATION SERVICES INCLUDE TWO ITEMS, A DOMAIN LABELLING SERVICE TO IDENTIFY UNSAFE DOMAINS, AND A CONTENT CLASSIFIER THAT CAN DETECT AND ALERT VOLUNTEER MODERATORS TO...

MODERATION SERVICES - OUR MODERATION SERVICES INCLUDE TWO ITEMS, A DOMAIN LABELLING SERVICE TO IDENTIFY UNSAFE DOMAINS, AND A CONTENT CLASSIFIER THAT CAN DETECT AND ALERT VOLUNTEER MODERATORS TO UNLAWFUL CONTENT.

Program 3

Expenses: $3,479 Revenue: $0

GENERAL PROGRAMS - OUR GENERAL PROGRAMS INCLUDE CREATING EDUCATIONAL MATERIALS, ATTENDING RESEARCH CONFERENCES, CURATING A MODERATOR LIBRARY, AND CREATING OR COMMISSIONING REGULATORY COMPLAINCE...

GENERAL PROGRAMS - OUR GENERAL PROGRAMS INCLUDE CREATING EDUCATIONAL MATERIALS, ATTENDING RESEARCH CONFERENCES, CURATING A MODERATOR LIBRARY, AND CREATING OR COMMISSIONING REGULATORY COMPLAINCE GUIDANCE.

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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 $384,375

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,386

Other Expenses $24,436

TOTAL EXPENSES $24,436

Year-over-Year Comparison

	2023	2022	Change
Revenue	$384,375	N/A	N/A
Expenses	$24,436	N/A	N/A
Net Income	$359,939	$0	N/A

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

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
JAZ-MICHAEL KING	EXECUTIVE DIRECTOR	40	Officer Director	$0	$0	$0
HAVONA MADAMA	PRESIDENT	1	Officer Director	$0	$0	$0
DAMIEN MAR CHONG	TREASURER	1	Officer Director	$0	$0	$0
MICHAEL HICKINS	SECRETARY	1	Officer 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	$384,375	$24,436	$361,995	$359,939