Ionic Building Association (EIN 952051957) - 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

1959

Legal Domicile

Principal Officer

Daniel M Ferszt

Tax Period

2022-01-01 to 2022-12-31

Ionic Building Association, founded in 1959, is a community nonprofit that reported $6.4M in total revenue in fiscal year 2022. Revenue surged 17678% from the prior year, signaling strong growth momentum.

Mission

Ionic Building Association operates exclusively as a supporting organization of theIonic Composite Lodge No. 520, an exempt organization under 501(c)10.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $6,385,928

Other Revenue $2,977

TOTAL REVENUE $6,388,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,746

Fundraising Expenses $0

Program Expenses $6,390,785

Other Expenses $6,388,039

TOTAL EXPENSES $6,390,785

Year-over-Year Comparison

	2022	2021	Change
Revenue	$6,388,905	$35,937	+176.8%
Expenses	$6,390,785	$47,752	+132.8%
Net Income	$-1,880	$-11,815	-0.8%

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

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

$2,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel M Ferszt	Secretary	2.00	Officer	$2,500	$0	$2,500
Timothy J Shiner	Director	2.00	Director	$0	$0	$0
Michael J Bear	Vice President	2.00	Officer	$0	$0	$0
Evan A Weiss	Treasurer	4.00	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
2022	$6,388,905	$6,390,785	$67,051	$-1,880

Ionic Building Association