Louisville, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)IMPETUS INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $117K in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. Expenses of $248K exceeded revenue, resulting in a 112% operating deficit.
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO CREATIVELY SOLVE PRESSING SOCIAL AND ECONOMIC ISSUES IN THE LOUISVILLE, KENTUCKY AREA.
THE ORGANIZATION SEEKS TO MAKE LASTING AND SUSTAINABLE CHANGE THROUGH ITS ECONOMIC, PUBLIC SAFETY AND EDUCATION INITIATIVES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $117,000 | $141,500 | -0.2% |
| Expenses | $247,562 | $271,325 | -0.1% |
| Net Income | $-130,562 | $-129,825 | +0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SCOTT CATLETT | BOARD CHAIR | 1 |
Officer
Director
|
$0 | $0 | $0 |
| LOGAN PICHEL | CHAIR ELECT | 1 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER HANCOCK | PAST BOARD CHAIR | 1 |
Officer
Director
|
$0 | $0 | $0 |
| TODD SPENCER | TREASURER | 1 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS WILLIAMS | SECRETARY | 1 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE MOUNTJOY | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| ALICE HOUSTON | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| C EDWARD GLASSCOCK | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| SANDRA FRAZIER | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| JOHN CROCKETT | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| RALPH DE CHABERT | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| NICK D ANDREA | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| PAT MULLOY | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| STEVE POE | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| SUSAN DONOVAN | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| JAMES ALLEN | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| CAROLYN TANDY | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| LES FUGATE | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| BRIAN CROMER | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $117,000 | $247,562 | $147,427 | $-130,562 |
| 2024 | $141,500 | $271,325 | $277,989 | $-129,825 |
| 2023 | $201,000 | $213,980 | $407,814 | $-12,980 |
| 2022 | $451,587 | $192,300 | $420,794 | $259,287 |
| 2021 | $291,616 | $227,773 | $161,507 | $63,843 |
Compare IMPETUS INC with other nonprofits in Kentucky and across the country.