CLT IMPACT INVESTORS (EIN 863485624) - 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

MATTHEW MAGAN

Phone

7049999832

Tax Period

2024-01-01 to 2024-12-31

CLT IMPACT INVESTORS, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $51K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $282K exceeded revenue, resulting in a 452% operating deficit.

Mission

TO PROMOTE COMMUNITY DEVELOPMENT BY PURPOSEFULLY IMPROVING THE SOCIAL AND/OR ECONOMIC NEEDS OF LOW-INCOME INDIVIDUALS AND HISTORICALLY UNDERSERVED COMMUNITIES IN CHARLOTTE, NC AND SURROUNDING AREAS BY FINANCING OR INVESTING IN AFFORDABLE HOUSING AND/OR PROVIDING SEED AND GROWTH CAPITAL TO MINORITY OWNED BUSINESSES.

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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 $0

Program Service Revenue $19,775

Investment Income $16,316

Other Revenue $15,084

TOTAL REVENUE $51,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,023

Fundraising Expenses $0

Program Expenses $160,001

Other Expenses $118,377

TOTAL EXPENSES $282,400

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,175	$154,604	-0.7%
Expenses	$282,400	$35,435	+7.0%
Net Income	$-231,225	$119,169	-2.9%

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

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

$128,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID SHEFFER	PRESIDENT	0.50	Officer Director	$0	$0	$0
MATTHEW MAGAN	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
TODD COLLINS	SECRETARY	0.50	Officer Director	$0	$0	$0
BRYANT COHEN	DIRECTOR	1.00	Director	$120,433	$7,967	$128,400
CURTIS GRINER	ASSISTANT SECRETARY	0.50	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	$51,175	$282,400	$914,564	$-231,225
2023	$154,604	$35,435	$1,166,257	$119,169
2022	$596,707	$8,330	$1,047,088	$588,377
2021	$459,896	$1,185	$458,711	$458,711

CLT IMPACT INVESTORS