GOIMPACT360

EIN: 475348612 501(c)(3)

Trenton, MI

Total Revenue
$41,047
Total Expenses
$39,442
Total Assets
$94,579
Net Assets
$94,579
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MI
Principal Officer
MARK T ESSICK
Phone
7345584722
Tax Period
2021-11-01 to 2022-10-31

GOIMPACT360, founded in 2015, is a micro nonprofit that reported $41K in total revenue in fiscal year 2021. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $39K left a modest 4% surplus.

Mission

GoImpact360 partners with communities and stakeholders to impact the physical, mental and spritual needs of that community.

Program Service Accomplishments

Program 1
Expenses: $26,140

Project: Romania. GoImpact360 did not conduct mission trips to Romania this year since the COVID-19 pandemic, but continued to meet the physical, mental and spiritual needs of the poor communities in...

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Project: Romania. GoImpact360 did not conduct mission trips to Romania this year since the COVID-19 pandemic, but continued to meet the physical, mental and spiritual needs of the poor communities in Gurgiu & Pietrosani that included providing essentials and groceries and an emergence fund to assist families with medical need, food & transpor- tation. We also prvide student schlorships & assistance to Bethe Home, a local orphanage.

Program 2
Expenses: $8,354

Project: GoServe (Downriver). GoImpact360 partners with local organizations and about 500 volunteers for various community projects including raking leaves, clean parks, serve seniors and...

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Project: GoServe (Downriver). GoImpact360 partners with local organizations and about 500 volunteers for various community projects including raking leaves, clean parks, serve seniors and veterans,etc. GoImpact360 organizes & manages the volunteers and projects.

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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 (2021)

Revenue Breakdown

Contributions & Grants $41,047
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $41,047

Expense Breakdown

Grants Paid $25,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,494
Other Expenses $13,642
TOTAL EXPENSES $39,442

Year-over-Year Comparison

2021 2020 Change
Revenue $41,047 $32,891 +0.2%
Expenses $39,442 $18,157 +1.2%
Net Income $1,605 $14,734 -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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
500

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK T ESSICK President 10.00
Officer Director
$0 $0 $0
TRENT A SHIVLEY Treasurer 5.000
Officer Director
$0 $0 $0
DENNIS R DANVILLE Secretary 3.000
Officer 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
2022 $41,047 $39,442 $94,579 $1,605
2021 $32,891 $18,157 $92,974 $14,734
2020 $47,836 $31,898 $78,240 $15,938
2019 $41,138 $40,192 $62,302 $946
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