IMPACT GLOBAL INC

EIN: 881537057 501(c)(3) Human Services

QUINCY, IL

Total Revenue
$63,800
Total Expenses
$81,766
Total Assets
$-17,966
Net Assets
$-17,966
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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
2022
Legal Domicile
IL
Phone
2179196222
Tax Period
2024-01-01 to 2024-12-31

IMPACT GLOBAL INC, founded in 2022, is a micro nonprofit in the Human Services sector that reported $64K in total revenue in fiscal year 2024. Expenses of $82K exceeded revenue, resulting in a 28% operating deficit.

Mission

EMPOWER INDIVIDUALS BY PROVIDING ACCESS TO TRAINING, EDUCATION, CAREER ASSESSMENTS, SKILL DEVELOPMENTS, AND SUPPORTIVE SERVICES

Program Service Accomplishments

Program 1

EMPOWER INDIVIDUALS BY PROVIDING ACCESS TO TRAINING, EDUCATION, CAREER ASSESSMENTS, SKILL DEVELOPMENTS, AND SUPPORTIVE SERVICES

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,750
Program Service Revenue $0
Investment Income $0
Other Revenue $2,050
TOTAL REVENUE $63,800

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,176
Fundraising Expenses $0
Other Expenses $73,590
TOTAL EXPENSES $81,766

Year-over-Year Comparison

2024 2023 Change
Revenue $63,800 N/A N/A
Expenses $81,766 N/A N/A
Net Income $-17,966 N/A N/A
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
1

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A EXECUTIVE DIRECTOR 20.00
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 $63,800 $81,766 $-17,966 $-17,966
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