IMPACT EXCHANGE (EIN 823917829) - 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

RICK REICH

Phone

7024600585

Tax Period

2023-01-01 to 2023-12-31

IMPACT EXCHANGE, founded in 2018, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

OUR MISSION IS TO PROVIDE AND EDUCATE THE PUBLIC ON CLEAN AND SAFE USES FOR MEDICAL SUPPLIES IN ORDER TO PROMOTE MEDICAL SAFETY

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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 $1,440,123

Program Service Revenue $178

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,440,301

Expense Breakdown

Grants Paid $80,856

Salaries & Benefits $866,853

Fundraising Expenses $18,436

Program Expenses $1,398,355

Other Expenses $514,181

TOTAL EXPENSES $1,461,890

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,440,301	$1,143,992	+0.3%
Expenses	$1,461,890	$1,121,211	+0.3%
Net Income	$-21,589	$22,781	-1.9%

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

N/A

Employees

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

$41,625

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVELYN MCGUCKIN-REICH	MEMBER	1.00	Director	$0	$0	$0
CLARENCE G RAY	MEMBER	1.00	Director	$0	$0	$0
DAVID WOOTEN	MEMBER	1.00	Director	$0	$0	$0
RICK REICH	EXECUTIVE	8.00	Officer	$41,625	$0	$41,625
CHELSI CHEATOM	TREASURER	8.00	Officer	$0	$0	$0
ALEXANDRE NANOBASHVILI	PRESIDENT	1.00	Officer	$0	$0	$0
JAMES AARON THOMAS	SECRETARY	1.00	Officer	$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	$1,440,301	$1,461,890	$163,227	$-21,589
2022	$1,143,992	$1,121,211	$164,593	$22,781
2021	$733,026	$677,378	$140,352	$55,648
2020	$760,365	$703,569	$82,039	$56,796
2019	$301,483	$277,380	$25,243	$24,103

IMPACT EXCHANGE