IMPACT ENERGY INDUSTRY HEALTH TRUST

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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

2013

Legal Domicile

Principal Officer

JOSEPH J JACOBS

Phone

8592261700

Tax Period

2023-07-01 to 2024-06-30

IMPACT ENERGY INDUSTRY HEALTH TRUST, founded in 2013, is a mid-sized nonprofit in the Employment sector that reported $12.1M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

HEALTH BENEFITS

Program Service Accomplishments

Program 1

TRUST PLANS PROVIDED MEDICAL BENEFITS FOR PARTICIPATING EMPLOYEES OF SUBSCRIBING EMPLOYERS. THE TRUST HAD 1,126 PARTICIPATING EMPLOYEES AS OF JUNE 30, 2024.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $12,116,976

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,116,976

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $12,465,754

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,116,976	$10,004,365	+0.2%
Expenses	$12,465,754	$10,487,886	+0.2%
Net Income	$-348,778	$-483,521	-0.3%

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

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
JOSEPH J JACOBS	CHAIRMAN	0.30	Officer Director	$0	$0	$0
CHARLES J BAIRD	VICE CHAIRMAN	0.30	Officer Director	$0	$0	$0
M LYNN PARRISH	TRUSTEE	0.30	Director	$0	$0	$0
JOHN JUSTICE	TRUSTEE	0.30	Director	$0	$0	$0
N/A	TRUSTEE	10.00		$0	$26,543	$26,543

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
2025	No data	No data	No data	No data
2024	$12,116,976	$12,465,754	$331,037	$-348,778
2023	$10,004,365	$10,487,886	$617,714	$-483,521
2022	$6,835,265	$7,131,818	$162,923	$-296,553
2021	$5,726,198	$6,093,660	$211,237	$-367,462
2020	$6,138,894	$6,138,894	$131,355	No data
2019	$4,576,720	$4,576,720	$81,268	No data