Community Impact Corporation

EIN: 464985525 501(c)(3) Human Services

Gainesville, FL

Total Revenue
$269,704
Total Expenses
$263,005
Total Assets
$55,495
Net Assets
$55,495
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
Karl Anderson
Phone
3523393851
Tax Period
2024-01-01 to 2024-12-31

Community Impact Corporation, founded in 2012, is a small nonprofit in the Human Services sector that reported $270K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

PROVIDE EDUCATION/TUTORING AND OTHER SERVICES TO 5,200 YOUTH IN NEED PROVIDE FOOD TO NEEDED FAMILIES 18,000 SERVED MENTORSHIP FOR 250 SERVED

Program Service Accomplishments

Program 1
Expenses: $174,953

Provided education and tutoring services to support underserved individuals in the community. The program offered academic assistance skill-building sessions, and personalized instruction to help...

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Provided education and tutoring services to support underserved individuals in the community. The program offered academic assistance skill-building sessions, and personalized instruction to help participants improve learning outcomes. The organization served approximately 5,200

Program 2
Expenses: $14,443

Provided mentoring services to youth and community members to support personal growth, academic success, and life skills development. The program offered one-on-one guidance, group mentoring...

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Provided mentoring services to youth and community members to support personal growth, academic success, and life skills development. The program offered one-on-one guidance, group mentoring, sessions. During the year the organization served 250 participants throughout structured mentorship support.

Program 3
Expenses: $10,904

Provided food assistance to individials and families experiencing food insecurity. The program offered free meals, groceries, and community food distributions throughout the year. Approximately...

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Provided food assistance to individials and families experiencing food insecurity. The program offered free meals, groceries, and community food distributions throughout the year. Approximately 18,000 individuals were served through these efforts, supporting nutritional needs and strengthening community well-being.

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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 (2024)

Revenue Breakdown

Contributions & Grants $269,704
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $269,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $222,798
Other Expenses $263,005
TOTAL EXPENSES $263,005

Year-over-Year Comparison

2024 2023 Change
Revenue $269,704 $190,479 +0.4%
Expenses $263,005 $193,829 +0.4%
Net Income $6,699 $-3,350 -3.0%
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

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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
5
Independent Members
3
Employees
12
Volunteers
2

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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARL ANDERSON President 0.00
Director
$0 $0 $0
PEARLIE SHELTON Vice President 0.00
Officer
$0 $0 $0
BERNARD HOWELL DIRECTOR 0.00
Officer
$0 $0 $0
DANIELLE DIXON DIRECTOR 0.00
Officer
$0 $0 $0
RICHARD ANDERSON DIRECTOR 0.00
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 $269,704 $263,005 $55,495 $6,699
2022 $206,230 $131,170 $77,272 $75,060
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