IDAC CORP (EIN 934425788) - 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

2023

Legal Domicile

Principal Officer

JEFFREY STEADMAN JR

Phone

6308537167

Tax Period

2024-01-01 to 2024-12-31

IDAC CORP, founded in 2023, is a micro nonprofit in the Community Improvement sector that reported $38K in total revenue in fiscal year 2024. The organization ran a surplus of $29K, a strong 76% operating margin.

Mission

SS MANAGEMENT PRACTICES TO CREATE MORE SECURE AND TRUSTWORTHY ECOSYSTEM

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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 $38,200

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $38,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,099

Other Expenses $9,099

TOTAL EXPENSES $9,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$38,200	N/A	N/A
Expenses	$9,099	N/A	N/A
Net Income	$29,101	N/A	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

N/A

Independent Members

N/A

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
JEFFREY STEADMAN	DIRECTOR	30.00	Officer Director Key Emp	$0	$0	$0
JIM MCDONALD	TREASURER	30.00	Officer Director	$0	$0	$0
KEVIN MERCADO	SECRETARY	3.00	Director Key Emp	$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	$38,200	$9,099	$29,101	$29,101
2023	No data	No data	No data	No data

IDAC CORP