GREATER IMPACT FOUNDATION INC

EIN: 263910144 501(c)(3) Religion

VERO BEACH, FL

Total Revenue
$225,048
Total Expenses
$219,589
Total Assets
$37,969
Net Assets
$37,969
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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
2009
Legal Domicile
FL
Principal Officer
ANTHONY PALMISANO
Phone
9543367154
Tax Period
2022-01-01 to 2022-12-31

GREATER IMPACT FOUNDATION INC, founded in 2009, is a small nonprofit in the Religion sector that reported $225K in total revenue in fiscal year 2022.

Mission

FEEDING AND FARMING EXPERIENCE FOR 85 CHILDREN AND 26 STAFF

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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 (2022)

Revenue Breakdown

Contributions & Grants $225,048
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $225,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $219,589
TOTAL EXPENSES $219,589

Year-over-Year Comparison

2022 2021 Change
Revenue $225,048 $229,748 0.0%
Expenses $219,589 $233,427 -0.1%
Net Income $5,459 $-3,679 -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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY PALMISANO PRESIDENT 0
$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 $225,048 $219,589 $37,969 $5,459
2021 $229,748 $233,427 $32,510 $-3,679
2020 $282,267 $278,638 $36,189 $3,629
2019 $214,839 $199,603 $32,460 $15,236
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