V1 COMMUNITY IMPACT INC (EIN 843685987) - 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

2020

Phone

3473528951

Tax Period

2022-01-01 to 2022-12-31

V1 COMMUNITY IMPACT INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $384K in total revenue in fiscal year 2022. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $102K, a strong 27% operating margin.

Mission

This charitable corporation is formed for the purpose of helping individuals andfamilies in need. The individuals who will benefit from the corporation are members of our community and their families. The corporation, in order to accomplish this, shall be a community development organization serving our local community by engaging in a broad range of strategies that promote community health, education, and development. The corporation shall not, either directly or indirectly engage in or include among its purposes, any of the acts or activities that would require consent pursuant to Section 404 (a)-(w) of the Not -for- Profit Corporation Law.

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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 (2022)

Revenue Breakdown

Contributions & Grants $382,046

Program Service Revenue $2,421

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,467

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,978

Fundraising Expenses $23,442

Program Expenses $259,136

Other Expenses $226,600

TOTAL EXPENSES $282,578

Year-over-Year Comparison

	2022	2021	Change
Revenue	$384,467	$329,051	+0.2%
Expenses	$282,578	$321,600	-0.1%
Net Income	$101,889	$7,451	+12.7%

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

N/A

Employees

N/A

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	Role	Reportable Comp	Other Comp	Total
MICHAEL SIGNORELLI JR	President	Director	$0	$0	$0
ANTHONY VINCENT PAPPALARDO	Treasurer	Director	$0	$0	$0
DIANA DEETER	Secretary	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
2022	$384,467	$282,578	$153,303	$101,889
2021	$329,051	$321,600	$51,414	$7,451

V1 COMMUNITY IMPACT INC