IMPACT LA INC (EIN 843797925) - 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

COURTNEY LOCKRIDGE

Phone

2139281050

Tax Period

2024-01-01 to 2024-12-31

IMPACT LA INC, founded in 2019, is a small nonprofit in the Education sector that reported $847K in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. Expenses of $814K left a modest 4% surplus.

Mission

IMPACT LA'S PURPOSE IS TO FOSTER A SAFE SPACE IN UNDERSERVED COMMUNITIES WITH RESOURCES AND IMPACTFUL SERVICES THAT HELP TO SUPPORT YOUTH AND THEIR FAMILIES EVOLVE INTO WELL-ROUNDED INDIVIDUALS.

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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 $6,800

Program Service Revenue $845,064

Investment Income $0

Other Revenue $-5,291

TOTAL REVENUE $846,573

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,545

Fundraising Expenses $0

Program Expenses $793,859

Other Expenses $768,290

TOTAL EXPENSES $813,835

Year-over-Year Comparison

	2024	2023	Change
Revenue	$846,573	$438,277	+0.9%
Expenses	$813,835	$493,417	+0.6%
Net Income	$32,738	$-55,140	-1.6%

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

$45,545

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOREEN PETERS	SECRETARY	1.00	Officer	$0	$0	$0
COURTNEY LOCKRIDGE	TREASURER	1.00	Officer	$23,625	$0	$23,625
EMERITA FLORES	BOARDCHAIR	1.00	Officer	$21,920	$0	$21,920
CEDRIC LINTON	BOARD MEMBER	1.00	Officer	$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	$846,573	$813,835	$93,332	$32,738
2023	$439,543	$493,417	No data	$-53,874

IMPACT LA INC