IMPACTO MINISTRY INC (EIN 822252461) - 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

TRACY CORRINNE

Phone

3013993419

Tax Period

2024-01-01 to 2024-12-31

IMPACTO MINISTRY INC, founded in 2017, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $247K, a strong 17% operating margin.

Mission

TO BRING THE LOVE AND SALVATION OF CHRIST TO THE PEOPLE OF GUATEMALA BY SERVING COMMUNITY MEMBERS OF ALL AGES HOLISTICALLY.

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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 $1,465,562

Program Service Revenue $0

Investment Income $20,577

Other Revenue $0

TOTAL REVENUE $1,486,139

Expense Breakdown

Grants Paid $1,085,905

Salaries & Benefits $0

Fundraising Expenses $56,678

Program Expenses $1,120,978

Other Expenses $153,473

TOTAL EXPENSES $1,239,378

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,486,139	$1,144,396	+0.3%
Expenses	$1,239,378	$935,756	+0.3%
Net Income	$246,761	$208,640	+0.2%

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
PHIL TROYER	VICE CHAIR	0.01	Officer Director	$0	$0	$0
LORI CARPENTER	SECRETARY	0.58	Officer Director	$0	$0	$0
TRACY CORRINNE	TREASURER	2.31	Officer Director	$0	$0	$0
ANNETTE REED	MEMBER-AT-LA	0.06	Director	$0	$0	$0
ANDY BRITTON	MEMBER-AT-LA	0.06	Director	$0	$0	$0
JULIE WILLIAMS	MEMBER-AT-LA	0.06	Director	$0	$0	$0
JAMES MATCHETTE	PRESIDENT	0.46	Officer Director	$0	$0	$0
CHRIS WAGNON	PRES. EMERIT	0.23	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	$1,486,139	$1,239,378	$1,070,889	$246,761
2023	$1,144,396	$935,756	$827,234	$208,640
2022	$785,644	$959,870	$623,190	$-174,226
2021	$974,779	$758,913	$778,726	$215,866
2020	$668,895	$487,969	$562,905	$180,926

IMPACTO MINISTRY INC