Impactful Projects Inc

EIN: 460621353 501(c)(3) Education

Charlotte, NC

Total Revenue
$283,355
Total Expenses
$67,600
Total Assets
$222,986
Net Assets
$222,986
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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
2012
Legal Domicile
NC
Principal Officer
Candice Wilson-McCain
Phone
7049096144
Tax Period
2023-01-01 to 2023-12-31

Impactful Projects Inc, founded in 2012, is a small nonprofit in the Education sector that reported $283K in total revenue in fiscal year 2023. Revenue surged 84992% from the prior year, signaling strong growth momentum. The organization ran a surplus of $216K, a strong 76% operating margin.

Mission

The organizations mission is to strengthen educators capacity to implement equity-focused instructional practices via project-based learning.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $253,878
Program Service Revenue $27,400
Investment Income $2,077
Other Revenue $0
TOTAL REVENUE $283,355

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,503
Fundraising Expenses $0
Program Expenses $67,495
Other Expenses $8,097
TOTAL EXPENSES $67,600

Year-over-Year Comparison

2023 2022 Change
Revenue $283,355 $333 +849.9%
Expenses $67,600 $6,714 +9.1%
Net Income $215,755 $-6,381 -34.8%
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

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Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
3

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
3
$55,000
Total Directors
4
$55,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Candice Wilson Executive Director 040.00
Officer Director
$55,000 $0 $55,000
Jasmine McNeill Secretary 001.00
Officer Director
$0 $0 $0
Danielle Stewart Co-Chair 001.00
Officer Director
$0 $0 $0
Brian Williams Director 001.00
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
2023 $283,355 $67,600 $222,986 $215,755
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