SILVER IMPACT INC (EIN 650438571) - 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

1993

Legal Domicile

Principal Officer

ILLENE GREENBERG

Phone

9545720444

Tax Period

2023-10-01 to 2024-09-30

SILVER IMPACT INC, founded in 1993, is a small nonprofit in the Unknown sector that reported $454K in total revenue in fiscal year 2023. Expenses of $428K left a modest 6% surplus.

Mission

EXTENDED OUTREACH TO ISOLATED ADULTS 50 YEARS AND OLDER WITH MENTAL ILLNESS CHALLENGES.

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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 $452,624

Investment Income $1,871

Other Revenue $0

TOTAL REVENUE $454,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $270,771

Fundraising Expenses $2,366

Program Expenses $380,423

Other Expenses $157,462

TOTAL EXPENSES $428,233

Year-over-Year Comparison

	2023	2022	Change
Revenue	$454,495	$456,889	0.0%
Expenses	$428,233	$310,877	+0.4%
Net Income	$26,262	$146,012	-0.8%

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

Volunteers

N/A

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

$70,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOREEN FERGUSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
SANDRA CUMPER	TREASURER	2.00	Officer Director	$0	$0	$0
MELANIE MCMILLION	SECRETARY	2.00	Officer Director	$0	$0	$0
SHARI MARCUS	DIRECTOR	2.00	Director	$0	$0	$0
ILLENE GREENBERG	EXECUTIVE DI	40.00	Officer	$70,000	$0	$70,000

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	$454,495	$428,233	$429,647	$26,262
2023	$456,889	$310,877	$361,476	$146,012
2022	$292,203	$285,039	$209,926	$7,164
2021	$243,121	$208,937	$194,701	$34,184
2020	$267,108	$241,135	$167,937	$25,973
2019	$301,550	$248,872	$147,494	$52,678

SILVER IMPACT INC