REDF IMPACT INVESTING FUND (EIN 842301234) - 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

2019

Legal Domicile

Principal Officer

CARRIE MCKELLOGG

Phone

4155616677

Tax Period

2024-01-01 to 2024-12-31

REDF IMPACT INVESTING FUND, founded in 2019, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $813K, a strong 45% operating margin.

Mission

REDF IMPACT INVESTING FUND IS A NATIONAL CDFI AND CATALYTIC, IMPACT FIRST INVESTOR.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,447,316

Program Service Revenue $275,890

Investment Income $74,099

Other Revenue $0

TOTAL REVENUE $1,797,305

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $931,181

Other Expenses $959,190

TOTAL EXPENSES $984,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,797,305	$1,644,969	+0.1%
Expenses	$984,190	$657,327	+0.5%
Net Income	$813,115	$987,642	-0.2%

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

N/A

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

$569,355

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEWIS BYRD	CHAIR THROUGH 6/2024	1.00	Officer Director	$0	$0	$0
PHILLIP ESTES	TREAS THRU 6/2024/CHAIR START 7/2024	1.00	Officer Director	$0	$0	$0
STUART DAVIDSON	SECRETARY	1.00	Officer Director	$0	$0	$0
TERRY ING	TREASURER START 7/2024	1.00	Officer Director	$0	$0	$0
CEDRIC D THURMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CARRIE MCKELLOGG	CHIEF EXECUTIVE OFFICER	24.00	Officer	$264,857	$47,795	$312,652
PETER LIPPMAN	CHIEF FINANCIAL OFFICER	24.00	Officer	$224,654	$32,049	$256,703

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	$1,797,305	$984,190	$15,421,001	$813,115
2023	$1,644,969	$657,327	$11,078,374	$987,642
2022	$248,525	$511,729	$9,088,027	$-263,204
2021	$120,592	$136,003	$4,988,499	$-15,411
2020	$508,035	$300,543	$3,892,585	$207,492
2019	$1,320,429	$124,594	$2,316,604	$1,195,835

REDF IMPACT INVESTING FUND