IGNITE MINDSHIFT IMPACT INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

LANIE WINGERT

Phone

8173130982

Tax Period

2023-01-01 to 2023-12-31

IGNITE MINDSHIFT IMPACT INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $491K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $152K, a strong 31% operating margin.

Mission

TO INSPIRE AND EMPOWER AT-RISK TEENS AND YOUNG ADULTS BY TEACHING KEY MINDSET AND SELF-LEADERSHIP SKILLS THAT AREN'T TAUGHT IN SCHOOLS IN ORDER TO BETTER PREPARE THEM FOR SUCCESS IN WORK AND LIFE. WE DO THIS BY TEACHING CLASSES COVERING 14 TOPICS - BOTH LIVE IN THE CLASSROOM AS WELL AS ONLINE TRAINING AND ZOOM CLASSES INCLUDING HAVING GUEST SPEAKERS AND ALSO CONNECTING STUDENTS TO BUSINESS LEADERS. WE ALSO TRAIN TEACHERS AND MENTORS TO TEACH OUR COURSES AND/OR FACILITATE DISCUSSIONS AND ACTIVITIES AFTER STUDENTS TAKE ONLINE MODULES. WE AWARD DIGITAL BADGES FOR SUCCESSFUL COMPLETION IF DESIRED BY THE SCHOOL OR YOUTH ORGANIZATION.

Program Service Accomplishments

Program 1

Expenses: $128,000

DISD in school programs - provided bi weekly classes through the school year for various schools teaching Ignite MindShift curriculum, leadership series bringing in various executive speakers from...

DISD in school programs - provided bi weekly classes through the school year for various schools teaching Ignite MindShift curriculum, leadership series bringing in various executive speakers from industry. Also conducted various need based drives, such as food, holiday gifts, etc for economically disadvantaged families of our students. Conducted workshops including LinkedIn and intentional life planning. Conducted an NFL speaker day.

Program 2

Expenses: $64,000 Revenue: $64,000

SA Worx Internship Program - Provide online and Zoom training to 75 interns in SA Worx Summer Internship Program along with training their mentor-supervisors and all training reporting, coordination, etc for the summer and awarding digital badging. Also supported in person programs such as celebration ceremony.

Program 3

Expenses: $58,948 Revenue: $20,018

Midway ISD in school programs - taught future teachers our curriculum and led them in lesson planning for them to teach 125 of their high school teachers. Also conducted a day of impact teaching 600 High school Juniors 4 different topics with very interactive activities, materials, etc. Launched a Mindshift on demand program for 100 students where teachers taught using our curriculum and materials. Conducted an NFL speaker day.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $408,852

Program Service Revenue $84,018

Investment Income $0

Other Revenue $-1,611

TOTAL REVENUE $491,259

Expense Breakdown

Grants Paid $0

Salaries & Benefits $223,996

Fundraising Expenses $14,472

Program Expenses $290,948

Other Expenses $114,965

TOTAL EXPENSES $338,961

Year-over-Year Comparison

	2023	2022	Change
Revenue	$491,259	$374,545	+0.3%
Expenses	$338,961	$266,618	+0.3%
Net Income	$152,298	$107,927	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$128,561

Total Directors