IMPACT 21 COMMUNITY DEVELOPMENT COR

EIN: 223702270 501(c)(3) Human Services

RAHWAY, NJ

Total Revenue
$386,529
Total Expenses
$414,225
Total Assets
$83,804
Net Assets
$50,660
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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
2004
Legal Domicile
NJ
Principal Officer
LAWRENCE POWELL
Phone
7326809800
Tax Period
2023-01-01 to 2023-12-31

IMPACT 21 COMMUNITY DEVELOPMENT COR, founded in 2004, is a small nonprofit in the Human Services sector that reported $387K in total revenue in fiscal year 2023.

Mission

TO PROVIDE AFTER SCHOOL EDUCATION SERVICES FOR To provide afterschool services for at risk youth in the local school district.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $306,613
Program Service Revenue $78,166
Investment Income $35
Other Revenue $1,715
TOTAL REVENUE $386,529

Expense Breakdown

Grants Paid $0
Salaries & Benefits $239,973
Fundraising Expenses $13,091
Program Expenses $338,207
Other Expenses $174,252
TOTAL EXPENSES $414,225

Year-over-Year Comparison

2023 2022 Change
Revenue $386,529 $395,714 0.0%
Expenses $414,225 $349,568 +0.2%
Net Income $-27,696 $46,146 -1.6%
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

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Governance

Voting Members
3
Independent Members
3
Employees
19
Volunteers
4

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE POWELL PRESIDENT AND CEO 10
Officer Director
$0 $0 $0
ROGINA SMITH TRUSTEE 1
Director
$0 $0 $0
RAHAWN THOMPSON TRUSTEE 1
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 $386,529 $414,225 $83,804 $-27,696
2022 $395,714 $349,568 $92,501 $46,146
2021 $334,108 $289,685 $77,412 $44,423
2020 $169,895 $212,617 $77,889 $-42,722
2019 $456,390 $491,829 $52,232 $-35,439
2018 $558,066 $596,171 $78,351 $-38,105
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