IGNITE MINDSHIFT IMPACT INC (EIN 825148527) - 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

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

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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 $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

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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

$128,561

Total Directors

$128,561

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LANIE WINGERT	EXECUTIVE DIRECTOR, Secretary	60.0	Officer Director	$128,561	$0	$128,561
FRED BROWN	BOARD CHAIR	12.0	Officer Director	$0	$0	$0
MATT MURPHY	TREASURER	1.0	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	$491,259	$338,961	$319,043	$152,298
2022	$374,545	$266,618	$182,605	$107,927
2021	$270,481	$245,560	$76,326	$24,921
2020	$222,753	$158,661	$73,116	$64,092

IGNITE MINDSHIFT IMPACT INC