THE SOUNDBOARD IMPACT FOUNDATION INC (EIN 331496600) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

RICHARD MAGID

Phone

2012948828

Tax Period

2025-01-01 to 2025-12-31

THE SOUNDBOARD IMPACT FOUNDATION INC, founded in 2024, is a small nonprofit in the Education sector that reported $258K in total revenue in fiscal year 2025. The organization ran a surplus of $201K, a strong 78% operating margin.

Mission

THE ORGANIZATION WAS ESTABLISHED TO SUPPORT CHARITABLE ORGANIZATIONS THAT DELIVER PROGRAMS THAT ARE FOCUSED ON THE DEVELOPMENT OF "INSPIRING LEADERS OF TOMORROW". THE ORGANIZATION WILL PROVIDE BOTH FINANCIAL SUPPORT (DONATIONS AND SCHOLARSHIPS) AND HANDS-ON GUIDANCE THAT LEVERAGES THE EXPERIENCE OF ITS DONORS (AND EXTENDED COMMUNITY OF SUPPORTERS).

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $255,557

Program Service Revenue $0

Investment Income $2,187

Other Revenue $0

TOTAL REVENUE $257,744

Expense Breakdown

Grants Paid $27,598

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,412

Other Expenses $29,051

TOTAL EXPENSES $56,649

Year-over-Year Comparison

	2025	2024	Change
Revenue	$257,744	N/A	N/A
Expenses	$56,649	N/A	N/A
Net Income	$201,095	N/A	N/A

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JON BRANDT	Director	1.00	Director	$0	$0	$0
VERONICA FEY	Director	1.00	Director	$0	$0	$0
RICHARD MAGID	President	3.00	Officer	$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
2025	$257,744	$56,649	$201,095	$201,095

THE SOUNDBOARD IMPACT FOUNDATION INC