Impact Outreach Ministries Inc (EIN 320760850) - 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

2024

Legal Domicile

Principal Officer

Lorrel Churn

Phone

2162606075

Tax Period

2024-01-01 to 2024-12-31

Impact Outreach Ministries Inc, founded in 2024, is a micro nonprofit in the Religion sector that reported $13K in total revenue in fiscal year 2024. The organization ran a surplus of $3K, a strong 24% operating margin.

Mission

To create opportunities for everyone we encounter to experience Jesus Christ and His transformative power. We draw inspiration from the Book of Acts, where Jesus empowered His disciples to do greater works and poured out the Holy Spirit, enabling His followers to live boldly, perform miracles, and transform lives.

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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 $13,054

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $13,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,946

Other Expenses $9,597

TOTAL EXPENSES $9,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,054	$13,054	N/A
Expenses	$9,946	$9,946	N/A
Net Income	$3,108	$3,108	N/A

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
Steven D Payten II	President	40	Officer Director	$0	$0	$0
Lorrel P Churn	Vice President - Treasurer	40	Officer Director	$0	$0	$0
Tiffany C Payten	Secretary - Director of Marketing	40	Officer Director	$0	$0	$0
Kusana Davis	Director of Outreach	40	Director	$0	$0	$0
Lailta Waller	Director of Education	40	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	$13,054	$9,946	$3,108	$3,108

Impact Outreach Ministries Inc