THE NOT IMPOSSIBLE FOUNDATION INC (EIN 451601262) - 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

Principal Officer

MIKE BLACKER

Phone

3105779963

Tax Period

2024-01-01 to 2024-12-31

THE NOT IMPOSSIBLE FOUNDATION INC, founded in 2010, is a small nonprofit in the Diseases & Disorders sector that reported $261K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $81K, a strong 31% operating margin.

Mission

THE NOT IMPOSSIBLE FOUNDATION FUELS TECHNOLOGY FOR THE SAKE OF HUMANITY THROUGH ENTREPRENEURSHIP, INNOVATION AND STORY.

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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 $229,069

Program Service Revenue $8,180

Investment Income $24,179

Other Revenue $0

TOTAL REVENUE $261,428

Expense Breakdown

Grants Paid $12,811

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $82,003

Other Expenses $168,024

TOTAL EXPENSES $180,835

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,428	$444,476	-0.4%
Expenses	$180,835	$401,067	-0.5%
Net Income	$80,593	$43,409	+0.9%

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
MIKE BLACKER	PRESIDENT	0.50	Officer Director	$0	$0	$0
KAREN DIENER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN JACOBS	BOARD MEMBER	1.00	Director	$0	$0	$0
ANN JANES FROM 0101	CHIEF ACCOUNTING OFFICER	1.00	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
2024	$261,428	$180,835	$1,691,618	$80,593
2023	$444,476	$401,067	$1,313,988	$43,409
2022	$812,906	$313,476	$1,266,680	$499,430
2021	$611,708	$404,819	$764,169	$206,889
2020	$513,726	$809,693	$557,280	$-295,967
2019	$725,138	$265,766	$853,247	$459,372
2018	$237,523	$203,603	$393,875	$33,920

THE NOT IMPOSSIBLE FOUNDATION INC