Sozo Impact Inc (EIN 824956112) - 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

2019

Legal Domicile

Principal Officer

Rika Iino

Phone

9175386317

Tax Period

2023-01-01 to 2023-12-31

Sozo Impact Inc, founded in 2019, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 709% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 70% operating margin.

Mission

Sozo Impact Raises Funds From Foundations, Grants And Individual Donors To Develop And Incubate Projects Aimed At Social Impact Through The Arts. We Amplify Bipoc Voices Using Diverse Mediums Of Creative Storytelling As Vehicles Of Social Change And Conversations.

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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 $2,200,517

Program Service Revenue $67,552

Investment Income $16,977

Other Revenue $0

TOTAL REVENUE $2,285,046

Expense Breakdown

Grants Paid $102,512

Salaries & Benefits $87,086

Fundraising Expenses $65,952

Program Expenses $520,377

Other Expenses $468,660

TOTAL EXPENSES $682,298

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,285,046	$282,396	+7.1%
Expenses	$682,298	$239,073	+1.9%
Net Income	$1,602,748	$43,323	+36.0%

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

$66,000

Total Directors

$66,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rika Iino	CEO	15.00	Officer Director	$66,000	$0	$66,000
April Thibeault	Secretary	0.10	Officer Director	$0	$0	$0
Kaoru Shimizu	Treasurer	0.10	Officer 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	$2,285,046	$682,298	$1,833,209	$1,602,748
2022	$282,396	$239,073	$260,060	$43,323
2020	$242,992	$151,103	$126,528	$91,889
2019	$288,925	$331,736	$33,763	$-42,811

Sozo Impact Inc