IMPACTDMV INC (EIN 823831348) - 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

2018

Legal Domicile

Principal Officer

Armani McMillan

Phone

3013953424

Tax Period

2023-01-01 to 2023-12-31

IMPACTDMV INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $173K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

ImpactDMV supports the personal and professional development of underserved minority youth and young adults in Prince George's County, Maryland community. We envision every young adult having the equal opportunity, resources, and community of support needed to conquer their educational, career, and creative goals.

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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 $173,460

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $173,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,090

Fundraising Expenses $15,948

Program Expenses $142,096

Other Expenses $151,444

TOTAL EXPENSES $178,534

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,460	$156,009	+0.1%
Expenses	$178,534	$157,714	+0.1%
Net Income	$-5,074	$-1,705	+2.0%

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

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

$24,960

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Armani McMillan	Executive Director	60	Key Emp	$24,960	$0	$24,960
Walter Simmons	Board Chair	7	Officer Director	$0	$0	$0
Kavon Lewis	Treasurer	7	Officer Director	$0	$0	$0
Pkuaa Owusu	Director	5	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	No data	No data	No data	No data
2023	$173,460	$178,534	$25,271	$-5,074
2022	$156,009	$157,714	$26,907	$-1,705

IMPACTDMV INC