Impact Television Network (EIN 342007696) - 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

2008

Legal Domicile

Principal Officer

Yuriy Chernyetsky

Phone

9169719111

Tax Period

2024-01-01 to 2024-12-31

Impact Television Network, founded in 2008, is a small nonprofit in the Religion sector that reported $304K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

To recognize, source, create package and present world class religious, family oriented, prophetic educational content in a spirit of excellence across the globe and into every nation

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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 $134,879

Program Service Revenue $169,111

Investment Income $0

Other Revenue $0

TOTAL REVENUE $303,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,670

Fundraising Expenses $0

Program Expenses $309,097

Other Expenses $276,502

TOTAL EXPENSES $325,172

Year-over-Year Comparison

	2024	2023	Change
Revenue	$303,990	$349,662	-0.1%
Expenses	$325,172	$353,906	-0.1%
Net Income	$-21,182	$-4,244	+4.0%

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

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

$15,600

Total Directors

$15,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Yuriy	Chernyetsky	40.00	Officer	$15,600	$0	$15,600
Inna	Chernyetsky	20.00	Director	$15,600	$0	$15,600

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	$303,990	$325,172	$94,717	$-21,182
2023	$349,662	$353,906	$164,792	$-4,244
2022	$324,208	$329,058	$204,940	$-4,850
2021	$350,215	$335,011	$209,387	$15,204
2020	$398,436	$351,057	$224,573	$47,379
2019	$390,183	$392,666	$191,781	$-2,483
2018	$379,753	$389,391	$195,769	$-9,638

Impact Television Network