PHILANTHROPIC IMPACT FUND (EIN 831905906) - 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

KENT SETON

Phone

3105571923

Tax Period

2021-01-01 to 2021-12-31

PHILANTHROPIC IMPACT FUND, founded in 2018, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2021. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $10.4M exceeded revenue, resulting in a 213% operating deficit.

Mission

PHILANTHROPIC IMPACT FUND IS A CALIFORNIA CHARITABLE TRUST ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSE OF THIS ORGANIZATION IS TO OPERATE (A) A FISCAL SPONSORSHIP UMBRELLA TO UNDERTAKE CHARITABLE PROJECTS AND (B) TO ALSO OPERATE A DONOR ADVISED FUND IN ADVANCEMENT OF CHARITABLE PURPOSES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $3,311,500

Program Service Revenue $2,025

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,313,525

Expense Breakdown

Grants Paid $10,143,893

Salaries & Benefits $18,210

Fundraising Expenses $0

Program Expenses $10,143,893

Other Expenses $198,969

TOTAL EXPENSES $10,361,072

Year-over-Year Comparison

	2021	2020	Change
Revenue	$3,313,525	$14,158,593	-0.8%
Expenses	$10,361,072	$8,177,383	+0.3%
Net Income	$-7,047,547	$5,981,210	-2.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENT E SETON	TRUSTEE	10.00	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
2021	$3,313,525	$10,361,072	No data	$-7,047,547
2020	$14,158,593	$8,177,383	$7,047,547	$5,981,210
2019	$2,543,368	$1,531,201	$1,066,337	$1,012,167
2019	$2,543,368	$1,531,201	$1,066,337	$1,012,167
2018	$298,750	$244,950	$53,800	$53,800

PHILANTHROPIC IMPACT FUND