IMPACT AFRICA INC (EIN 200118718) - 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

2003

Legal Domicile

Principal Officer

RICHARD FRANZEN

Phone

4078477466

Tax Period

2023-01-01 to 2023-12-31

IMPACT AFRICA INC, founded in 2003, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO PREACH THE GOSPEL OF JESUS CHRIST TO THE NATIONS OF THE WORLD, FOCUSING ON AFRICA, BY WORKING WITH CHURCHES, MINISTRIES, STUDENT GROUPS AND MISSION AGENCIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,494,527

Program Service Revenue $0

Investment Income $1,811

Other Revenue $0

TOTAL REVENUE $1,496,338

Expense Breakdown

Grants Paid $801,096

Salaries & Benefits $119,215

Fundraising Expenses $100,193

Program Expenses $1,324,292

Other Expenses $535,927

TOTAL EXPENSES $1,456,238

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,496,338	$1,293,403	+0.2%
Expenses	$1,456,238	$1,282,062	+0.1%
Net Income	$40,100	$11,341	+2.5%

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

100

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

$117,600

Total Directors

$117,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD FRANZEN	PRES./DIRECT	40.00	Officer Director	$42,000	$36,000	$78,000
MICHELLE FRANZEN	V.P./DIRECT	30.00	Officer Director	$39,600	$0	$39,600
ANDY BAUMRUK	TREASURER/DI	0.50	Officer Director	$0	$0	$0
STEVE OLIVIER	DIRECTOR	N/A	Director	$0	$0	$0
JEFF WELDAY	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$1,496,338	$1,456,238	$314,024	$40,100
2022	$1,293,403	$1,282,062	$290,437	$11,341
2021	$1,065,596	$1,362,726	$278,147	$-297,130
2020	$961,208	$751,948	$545,402	$209,260
2019	$998,024	$879,746	$353,010	$118,278
2018	$736,888	$792,560	$227,844	$-55,672

IMPACT AFRICA INC