Impacts Transitional Life-Skill Cen

EIN: 821167924 501(c)(3) Education

Brandon, FL

Total Revenue
$232,108
Total Expenses
$60,202
Total Assets
$179,337
Net Assets
$174,696
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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
2017
Legal Domicile
FL
Principal Officer
Kathy Gross Director
Tax Period
2022-01-01 to 2022-12-31

Impacts Transitional Life-Skill Cen, founded in 2017, is a small nonprofit in the Education sector that reported $232K in total revenue in fiscal year 2022. Revenue surged 12501% from the prior year, signaling strong growth momentum. The organization ran a surplus of $172K, a strong 74% operating margin.

Mission

Impact Transitional Life-Skill Center is a not-for-profit school that focuses on teaching personal life skills to individuals with special-needs.

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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 (2022)

Revenue Breakdown

Contributions & Grants $232,108
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $232,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,653
Fundraising Expenses $0
Program Expenses $60,202
Other Expenses $37,549
TOTAL EXPENSES $60,202

Year-over-Year Comparison

2022 2021 Change
Revenue $232,108 $1,842 +125.0%
Expenses $60,202 $6,399 +8.4%
Net Income $171,906 $-4,557 -38.7%
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
4
Independent Members
N/A
Employees
3
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Belton Trustee 0.00
Director
$0 $0 $0
Terry Doyle Trustee 0.00
Director
$0 $0 $0
Kathy Gross Vice President 0.00
Officer Director
$0 $0 $0
Colette Stibich President 0.00
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 $232,108 $60,202 $179,337 $171,906
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