PHILANTHROPIC IMPACT FOUNDATION (EIN 862055661) - 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

2021

Legal Domicile

Principal Officer

KENT E SETON

Phone

3106669131

Tax Period

2024-01-01 to 2024-12-31

PHILANTHROPIC IMPACT FOUNDATION, founded in 2021, is a mid-sized nonprofit that reported $17.7M in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $26.8M exceeded revenue, resulting in a 52% operating deficit.

Mission

PHILANTHROPIC IMPACT FOUNDATION IS A 501(C)(3) CHARITABLE ORGANIZATION THAT PROVIDES A LEGAL STRUCTURE UNDER WHICH CHARITABLE PROGRAMS MAY OPERATE, ACTING AS FISCAL SPONSOR.

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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 $17,408,452

Program Service Revenue $0

Investment Income $268,455

Other Revenue $0

TOTAL REVENUE $17,676,907

Expense Breakdown

Grants Paid $26,038,595

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,038,595

Other Expenses $806,580

TOTAL EXPENSES $26,845,175

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,676,907	$30,546,506	-0.4%
Expenses	$26,845,175	$24,916,292	+0.1%
Net Income	$-9,168,268	$5,630,214	-2.6%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENT E SETON	TRUSTEE	5.00	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
2024	$17,676,907	$26,845,175	$8,625	$-9,168,268
2023	$30,546,506	$24,916,292	$9,227,108	$5,630,214
2022	$29,657,046	$26,654,667	$3,922,226	$3,002,379
2021	$18,241,201	$17,321,354	$919,847	$919,847
2021	$18,241,201	$17,321,354	$919,847	$919,847

PHILANTHROPIC IMPACT FOUNDATION