LAKELAND, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SUMMIT IMPACT, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $560K in total revenue in fiscal year 2024. Revenue surged 351% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 83% operating deficit.
TO DRIVE SOCIAL GOOD THROUGH INNOVATIVE ECOSYSTEMS THAT FACIITATE COLLABORATION ACROSS DISCIPLINES. SUMMIT IMMPACT BUILDS ECOSYSTEMS OF INNOVATION AROUND ESCEPTIONAL SOCIAL IMPACT LEADERS. BY ACTIVATING THE SUMMIT COMMUNITY - A NETWORK OF ACTIVISTS, ARTISTS, ATHLETES, ENTEPRENEURS, PERFORMERS, AND SCIENTISTS - WE LEVERAGE THE POWER OF COLLABORATION AND CRATIVITY TO SCALE IMPACT OBJECTIVES IN SPECIFIC TOPIC AREAS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $560,000 | $124,138 | +3.5% |
| Expenses | $1,023,130 | $786,230 | +0.3% |
| Net Income | $-463,130 | $-662,092 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| JEFF ROSENTHAL | PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WEISBERG | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHIRA ABRAMOWITZ | SECRETARY/DI | 40.00 |
Officer
Director
|
$88,333 | $18,003 | $106,336 |
| CHRISTINA SASS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CRISTIANA FALCONE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK MALONEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WHITNEY KROENKE SILVERSTEIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ARLAN HAMILTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HEATHER HARTNETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HANK WILLIS THOMAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHANTE HARRIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG HOFFMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA JACKLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK KISLINGER | EXECUTIVE DI | 40.00 |
Officer
|
$109,958 | $6,616 | $116,574 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $560,000 | $1,023,130 | $516,896 | $-463,130 |
| 2023 | $124,138 | $786,230 | $1,455,155 | $-662,092 |
| 2022 | $3,065,896 | $964,108 | $2,119,500 | $2,101,788 |
| 2021 | $835,600 | $507,102 | $511,273 | $328,498 |
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