IDAHO FALLS RESCUE MISSION INC (EIN 943142060) - 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

1991

Principal Officer

ERIK STROM

Phone

2087453352

Tax Period

2024-01-01 to 2024-12-31

IDAHO FALLS RESCUE MISSION INC, founded in 1991, is a community nonprofit in the Unknown sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Net assets of $3.9M represent 36 months of operating reserves.

Mission

THE IDAHO FALLS RESCUE MISSION EXISTS TO PROVIDE HELP, HOPE, AND A FUTURE TO THE HUNGRY, HOMELESS, AND HOPELESS IN OUR REGION THROUGH THE POWER AND LOVE OF JESUS CHRIST.

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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 $509,099

Program Service Revenue $67,406

Investment Income $582,086

Other Revenue $143,509

TOTAL REVENUE $1,302,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $788,614

Fundraising Expenses $186,558

Program Expenses $971,164

Other Expenses $598,802

TOTAL EXPENSES $1,387,416

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,302,100	$1,938,020	-0.3%
Expenses	$1,387,416	$1,259,350	+0.1%
Net Income	$-85,316	$678,670	-1.1%

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

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

$62,783

Total Directors

$62,783

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TYLER PERKINS	CEO/BOARD ME	40.00	Officer Director	$62,783	$0	$62,783
ROBERT BUELL	SECRETARY	N/A	Officer Director	$0	$0	$0
SCOTT GRUWELL	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
LAREN SOMPAVRAC	TREASURER	N/A	Officer Director	$0	$0	$0
ERIK STROM	PRESIDENT	N/A	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
2024	$1,302,100	$1,387,416	$4,356,291	$-85,316
2023	$1,938,020	$1,259,350	$4,438,034	$678,670
2022	$3,335,766	$1,223,769	$3,754,443	$2,111,997
2021	$796,080	$814,411	$1,635,475	$-18,331
2020	$743,628	$780,934	$1,406,339	$-37,306
2019	$801,748	$766,321	$1,333,102	$35,427
2019	$772,901	$732,954	$1,330,561	$39,947
2018	$566,813	$637,075	$1,362,236	$-70,262
2018	$515,006	$620,946	$1,329,243	$-105,940
2017	$1,166,950	$643,067	$1,417,530	$523,883
2016	$847,764	$1,013,260	$1,030,522	$-165,496

IDAHO FALLS RESCUE MISSION INC