FRIENDS OF ODYSSEY IMPACT INC (EIN 274258134) - 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

2010

Legal Domicile

Phone

9293793400

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF ODYSSEY IMPACT INC, founded in 2010, is a small nonprofit in the Religion sector that reported $413K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $362K, a strong 88% operating margin.

Mission

FRIENDS OF ODYSSEY IMPACT, INC. IS A SUPPORTING ORGANIZATION FOR THE ODYSSEY IMPACT, INC. ("OI"), A 501(c)(3) PUBLIC CHARITY. THE PURPOSE OF FRIENDS OF ODYSSEY IMPACT, INC. IS TO HOLD, MANAGE AND ADMINISTER ASSETS OF OI AND TO USE THEM FOR PURPOSES SPECIFIED BY OI, INCLUDING SUPPORT OF OI ITSELF AND ITS PROGRAMS AND TO BE AT ALL TIMES RESPONSIVE TO ITS NEEDS. ALL FUNDS HELD BY FRIENDS OF ODYSSEY IMPACT, INC. WILL BE USED FOR THE BENEFIT OF OI.

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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 $0

Program Service Revenue $0

Investment Income $413,191

Other Revenue $0

TOTAL REVENUE $413,191

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,725

Other Expenses $50,725

TOTAL EXPENSES $50,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$413,191	$359,547	+0.1%
Expenses	$50,725	$1,689,952	-1.0%
Net Income	$362,466	$-1,330,405	-1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID PURVIS	Treasurer	1.00	Director	$0	$0	$0
RIAZ PATEL	Chairman	1.00	Officer Director	$0	$0	$0
BOB WARREN	Secretary	1.00	Officer 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	$413,191	$50,725	$7,120,927	$362,466
2022	$359,547	$1,689,952	$6,340,186	$-1,330,405
2021	$1,158,270	$2,064,612	$9,035,601	$-906,342
2020	$990,163	$2,276,308	$9,941,943	$-1,286,145
2018	$488,533	$3,703,886	$12,216,464	$-3,215,353

FRIENDS OF ODYSSEY IMPACT INC