IMPACT ENERGY 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

1986

Legal Domicile

Principal Officer

JOSEPH J JACOBS

Phone

8592261765

Tax Period

2024-07-01 to 2025-06-30

IMPACT ENERGY TRUST, founded in 1986, is a small nonprofit that reported $554K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $163K, a strong 29% operating margin.

Mission

WELFARE BENEFITS

Program Service Accomplishments

Program 1

TRUST PLANS PROVIDED DENTAL, ACCIDENTAL DEATH AND DISMEMBERMENT AND GROUP LIFE INSURANCE BENEFITS FOR PARTICIPATING EMPLOYEES OF SUBSCRIBING EMPLOYERS. THE TRUST HAD 853 PARTICIPATING EMPLOYEES AS OF...

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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 $0

Program Service Revenue $249,719

Investment Income $303,846

Other Revenue $0

TOTAL REVENUE $553,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $285,006

TOTAL EXPENSES $391,015

Year-over-Year Comparison

	2024	2023	Change
Revenue	$553,565	$461,278	+0.2%
Expenses	$391,015	$404,032	0.0%
Net Income	$162,550	$57,246	+1.8%

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

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	$25,135	$25,135

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	$553,565	$391,015	$4,280,678	$162,550
2024	$461,278	$404,032	$4,168,638	$57,246
2023	$676,217	$764,193	$3,961,030	$-87,976
2022	$695,333	$634,840	$3,876,263	$60,493
2021	$725,206	$529,289	$4,415,145	$195,917
2020	$1,028,219	$1,049,314	$3,900,492	$-21,095
2019	$1,623,169	$1,677,581	$4,182,470	$-54,412