Irving, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
Veritas Impact Partners was formed to carry out its mission of providing supportive services and upward mobility. It delivers better health and wellness outcomes and opportunities to low-income and moderate-income individuals and families across the United States. This mission is achieved by fostering social services and resident programs in multifamily residential developments located in low-income and moderate-income communities.
Health & Wellness: Delivering better health & wellness outcomes for individuals, families, and groups, including local program referrals through onsite activities. Jobs/Economic Advancement...
Health & Wellness: Delivering better health & wellness outcomes for individuals, families, and groups, including local program referrals through onsite activities. Jobs/Economic Advancement: Improving employable and marketable skills for working-age individuals to increase household revenues and decrease ongoing living expenses. Education: Improving learning abilities and aptitudes for families with children.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
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