Veritas Impact Partners (EIN 831734762) - 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

Antonio Marquez

Phone

6195208347

Tax Period

2023-01-01 to 2023-12-31

Veritas Impact Partners, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

Provide social services and resident programs to low to moderate income families.

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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 $277,101

Program Service Revenue $632,254

Investment Income $0

Other Revenue $115,083

TOTAL REVENUE $1,024,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $692,714

Fundraising Expenses $110,380

Program Expenses $883,062

Other Expenses $411,114

TOTAL EXPENSES $1,103,828

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,024,438	$1,158,706	-0.1%
Expenses	$1,103,828	$902,132	+0.2%
Net Income	$-79,390	$256,574	-1.3%

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

$219,160

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Searles	CEO	40.00	Officer	$148,367	$0	$148,367
Yasmin Zambrano	Director	40.00	Officer	$70,793	$0	$70,793
Antonio Marquez	Chairman	1.00	Officer Director	$0	$0	$0
JP Newman	CFO	1.00	Officer Director	$0	$0	$0
Anthony Tarter	Chairman	1.00	Officer Director	$0	$0	$0
Jeanne Jenkins	Treasurer	1.00	Officer Director	$0	$0	$0
Rakesh Patel	Vice President	1.00	Officer Director	$0	$0	$0
Sheri Thompson	Director	1.00	Director	$0	$0	$0
Ron Klabundle	Director	1.00	Director	$0	$0	$0
Rachel Marquez	Director	1.00	Director	$0	$0	$0
Lisa Davis	Director	1.00	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	$1,024,438	$1,103,828	$211,113	$-79,390
2022	$1,158,706	$902,132	$357,147	$256,574
2021	$326,356	$411,432	$100,528	$-85,076
2020	$373,145	$289,231	$186,817	$83,914
2019	$262,413	$103,914	$96,563	$158,499

Veritas Impact Partners