ICONNECT OUTREACH INC (EIN 943442459) - 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

2008

Legal Domicile

Principal Officer

BILLY GRAFF

Phone

4096260294

Tax Period

2023-01-01 to 2023-12-31

ICONNECT OUTREACH INC, founded in 2008, is a micro nonprofit that reported $6K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $74K exceeded revenue, resulting in a 1195% operating deficit.

Mission

THE ORGANIZATION'S PRIMARY FUNCTION IS TO PROVIDE DISASTER RELIEF SERVICES TO INDIVIDUALS AND NOT FOR PROFIT ORGANIZATIONS AFFECTED BY NATURAL DISASTERS SUCH AS HURRICANES AND FLOODS. MOST OF THE ASSISTANCE IS IN HELPING INDIVIDUALS AND NOT FOR PROFIT ORGANIZATIONS WHO HAD EITHER NO INSURANCE OR INADEQUATE INSURANCE TO CLEAN UP AND REBUILD. THE ORGANIZATION DOES ALSO ASSIST RELIGIOUS ORGANIZATIONS THAT HAVE CERTAIN SPECIAL NEEDS AS WELL AS GIVING SMALL FINANCIAL ASSISTANCE TO INDIVIDUALS WHO ARE IN UNUSAL AND EXTREME FINANCIAL DISTRESS.

🔒

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 $5,709

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $5,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,943

Fundraising Expenses $0

Program Expenses $71,381

Other Expenses $69,024

TOTAL EXPENSES $73,967

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,710	$133,009	-1.0%
Expenses	$73,967	$151,664	-0.5%
Net Income	$-68,257	$-18,655	+2.7%

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

Volunteers

300

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

$4,252

Total Directors

$4,252

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILLY GRAFF	PRESIDENT	1.00	Officer Director	$4,252	$0	$4,252
DAWN GRAFF	FINANCIAL OF	0.50	Officer Director	$0	$0	$0
JOSHUA GRAFF	VICE PRESIDE	0.25	Officer Director	$0	$0	$0
WARREN SCHERER	DIRECTOR	0.15	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	$5,710	$73,967	$27,161	$-68,257
2022	$133,009	$151,664	$100,592	$-18,655
2021	$279,262	$387,231	$120,604	$-107,969
2020	$995,070	$1,602,149	$228,691	$-607,079
2019	$2,412,384	$2,137,809	$877,654	$274,575
2018	$1,071,865	$1,126,351	$584,163	$-54,486

ICONNECT OUTREACH INC