Impact Garage (EIN 873480052) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Terri Fleck

Phone

9377598631

Tax Period

2024-01-01 to 2024-12-31

Impact Garage, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $543K in total revenue in fiscal year 2024. Revenue surged 223% from the prior year, signaling strong growth momentum. The organization ran a surplus of $124K, a strong 23% operating margin.

Mission

Provide low cost auto repairs and rehome donated vehicles to low wage earning individuals and families in the community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $116,002

Program Service Revenue $418,920

Investment Income $3,649

Other Revenue $4,265

TOTAL REVENUE $542,836

Expense Breakdown

Grants Paid $0

Salaries & Benefits $160,152

Fundraising Expenses $0

Program Expenses $418,764

Other Expenses $258,612

TOTAL EXPENSES $418,764

Year-over-Year Comparison

	2024	2023	Change
Revenue	$542,836	$168,098	+2.2%
Expenses	$418,764	$112,034	+2.7%
Net Income	$124,072	$56,064	+1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terri Fleck	President	5.00	Officer	$0	$0	$0
Wayne Staigl	Vice President	5.00	Officer	$0	$0	$0
Benjamin Horvath	Secretary	2.00	Officer	$0	$0	$0
Benjamin Guthrie	Treasurer	5.00	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
2025	No data	No data	No data	No data
2024	$542,836	$418,764	$225,086	$124,072

Impact Garage