CULTURAL IMPACT FOUNDATION INC (EIN 822034763) - 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

2017

Legal Domicile

Principal Officer

CHRISTOF G SASSOUNI

Phone

7274156312

Tax Period

2024-01-01 to 2024-12-31

CULTURAL IMPACT FOUNDATION INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $378K in total revenue in fiscal year 2024. The organization ran a surplus of $238K, a strong 63% operating margin.

Mission

HUMANS ARE ENDOWED WITH INNATE CREATIVE ABILITIES; WE HAVE FORMED CIVILIZATIONS AND SOCIETIES, FRAMED LAWS, BUILT ARCHITECTURAL MARVELS AND CREATED CULTURAL MASTERPIECES. IT IS OUR CREATIVE ABILITIES THAT HAVE ALLOWED US TO PRODUCE MAGNIFICENT CULTURAL AND SCIENTIFIC ACHIEVEMENTS FOR THOUSANDS OF YEARS. SINCE THE DAWN OF TIME, HOWEVER, HUMANITY HAS FACED MASSIVE THREATS AND CALAMITIES, BOTH NATURAL AND MAN-MADE, THAT HAVE LED TO THE ERADICATION OF CULTURAL TRADITIONS AND RELICS, SCIENTIFIC ACCOMPLISHMENTS, AND EVEN ENTIRE POPULATIONS. THE MOST DEVASTATING OF ALL MAN-MADE CALAMITIES IS GENOCIDE. THE ARMENIAN GENOCIDE (1915-1923) WAS THE TWENTY-FIRST CENTURY'S FIRST AND MOST DOCUMENTED GENOCIDE. IN FACT, THE WORD "GENOCIDE" WAS COINED SPECIFICALLY TO DESCRIBE THE PLANNED EXTERMINATION OF THE ARMENIANS AT THE HANDS OF THE OTTOMAN TURKS. YET, THIS GENOCIDE HAS LARGELY ESCAPED RECOGNITION, PRIMARILY FOR POLITICAL REASONS. IN FACT, MANY SCHOLARS BELIEVE THAT THE ARMENIAN GENOCIDE SERVED AS A

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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 $361,212

Program Service Revenue $0

Investment Income $4,159

Other Revenue $12,550

TOTAL REVENUE $377,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,556

Program Expenses $133,968

Other Expenses $139,524

TOTAL EXPENSES $139,524

Year-over-Year Comparison

	2024	2023	Change
Revenue	$377,921	N/A	N/A
Expenses	$139,524	N/A	N/A
Net Income	$238,397	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOF G SASSOUNI	PRESIDENT/TR	2.00	Officer Director	$0	$0	$0
HRAIR KOUTNOUYAN	VICE PRES/SE	1.00	Officer Director	$0	$0	$0
NICOLE BABIKIAN HAJJAR	DIRECTOR	1.00	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
2024	$377,921	$139,524	$433,930	$238,397
2020	$228,573	$95,996	$186,555	$132,577
2018	$195,350	$190,423	$212,333	$4,927

CULTURAL IMPACT FOUNDATION INC