GOVERN FOR IMPACT

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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

2001

Legal Domicile

Principal Officer

KAREN FRYDAY-FIELD

Phone

7342398002

Tax Period

2024-01-01 to 2024-12-31

GOVERN FOR IMPACT, founded in 2001, is a small nonprofit in the Education sector that reported $206K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $181K left a modest 12% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE OWNER-ACCOUNTABLE EFFECTIVE GOVERNANCE PRACTICES, ADVANCE THE UNDERSTANDING AND USE OF POLICY GOVERNANCE, AND ENCOURAGE THE DEVELOPMENT OF EMERGING GOVERNANCE SYSTEMS.

Program Service Accomplishments

Program 1

Expenses: $171,166 Revenue: $169,237

PROVIDE EDUCATIONAL BENEFITS TO 231 MEMBERS AND THE 88 ATTENDEES OF THE ANNUAL CONFERENCE AND APPROXIMATELY 200 PEOPLE WHO ARE GOVERN CONTACTS WHO ATTEND EDUCATIONAL EVENTS.

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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 $36,121

Program Service Revenue $169,237

Investment Income $646

Other Revenue $0

TOTAL REVENUE $206,004

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,166

Other Expenses $181,028

TOTAL EXPENSES $181,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,004	$168,589	+0.2%
Expenses	$181,028	$171,779	+0.1%
Net Income	$24,976	$-3,190	-8.8%

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
PATRICIA MCCARVER	PAST CHAIR	1.25	Officer Director	$0	$0	$0
CHUCK NAMIT	DIRECTOR	1.00	Director	$0	$0	$0
CHANTAL OULLETTE	SECRETARY	1.50	Officer Director	$0	$0	$0
LINDSAY GRILLET	DIRECTOR	1.25	Director	$0	$0	$0
ANDREW BERGEN	CHAIR	1.50	Officer Director	$0	$0	$0
STEVE SCHROEDER	VICE CHAIR	1.25	Officer Director	$0	$0	$0
ROB LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
RICK MALONEY	DIRECTOR	1.00	Director	$0	$0	$0
MELLISSA D'ONOFRIO-JONES	DIRECTOR	1.00	Director	$0	$0	$0
KAREN FRYDAY-FIELD	CEO	35.00	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
2024	$206,004	$181,028	$161,876	$24,976
2023	$168,589	$171,779	$82,091	$-3,190
2022	$171,970	$186,982	$84,341	$-15,012
2021	$147,180	$143,636	$91,196	$3,544
2020	$162,112	$166,536	$91,127	$-4,424
2019	$200,774	$195,230	$91,565	$5,544