IMPACT CHARITABLE (EIN 471180598) - 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

2014

Legal Domicile

Principal Officer

RICH HOOPS

Phone

7203176002

Tax Period

2024-01-01 to 2024-12-31

IMPACT CHARITABLE, founded in 2014, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $24.5M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.2M, a strong 33% operating margin.

Mission

IMPACT CHARITABLE UNITES CATALYTIC PHILANTHROPISTS WITH COMMUNITY PARTNERS, FINANCIAL INSTITUTIONS, FOUNDATIONS, SOCIAL ENTERPRISES, AND GOVERNMENTAL BODIES. AS AN IMPACT CAPITAL CATALYST, IMPACT CHARITABLE UNLOCKS AND ACCELERATES CAPITAL THAT SPARKS POSITIVE CHANGE. WE MOVE MORE MONEY, IN MORE WAYS, TO MORE PEOPLE AND PLACES.

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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 $20,753,083

Program Service Revenue $2,291,576

Investment Income $1,417,220

Other Revenue $16,692

TOTAL REVENUE $24,478,571

Expense Breakdown

Grants Paid $9,730,237

Salaries & Benefits $1,186,350

Fundraising Expenses $178,040

Program Expenses $15,524,859

Other Expenses $5,401,576

TOTAL EXPENSES $16,318,163

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,478,571	$17,350,486	+0.4%
Expenses	$16,318,163	$13,748,663	+0.2%
Net Income	$8,160,408	$3,601,823	+1.3%

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

$76,335

Total Directors

$2,906

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY WILLARD	SENIOR DIR. OF CAPITAL ACTIVATION	40.00	Highest	$140,927	$12,233	$153,160
JOURDAN MCGINN	SENIOR DIR. OF ECONOMIC MOBILITY	40.00	Highest	$138,791	$4,280	$143,071
HANNAH DEALTO	CONTROLLER	40.00	Highest	$122,860	$4,121	$126,981
JAMES MCCLAIR	DIRECTOR OF OPERATIONS	40.00	Highest	$101,368	$4,310	$105,678
RICH HOOPS	EXECUTIVE DIRECTOR	32.00	Officer	$63,148	$10,281	$73,429
SONDRA GREENE	TREASURER	1.00	Officer Director	$2,906	$0	$2,906
EDWARD BRISCOE	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN GRAF	SECRETARY	1.00	Officer Director	$0	$0	$0
RYAN HOWELL	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$0	$0
HAROUN COWANS	DIRECTOR	1.00	Director	$0	$0	$0
KRYSTA COPELAND	DIRECTOR	1.00	Director	$0	$0	$0
MARK NEWHOUSE	DIRECTOR	1.00	Director	$0	$0	$0
RANDY KAHN	DIRECTOR	1.00	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
2024	$24,478,571	$16,318,163	$40,740,314	$8,160,408
2023	$17,350,486	$13,748,663	$26,494,001	$3,601,823
2022	$17,937,020	$17,234,674	$13,547,870	$702,346
2021	$21,202,015	$18,590,481	$10,724,494	$2,611,534
2020	$15,092,056	$12,283,050	$5,145,286	$2,809,006
2019	$220,959	$243,611	$1,941,039	$-22,652
2018	$309,979	$205,847	$1,098,862	$104,132

IMPACT CHARITABLE