CARIBBEAN IMPACT MINISTRIES (EIN 881778821) - 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

2022

Legal Domicile

Principal Officer

SPENCER GALLOWAY

Phone

6164437141

Tax Period

2024-01-01 to 2024-12-31

CARIBBEAN IMPACT MINISTRIES, founded in 2022, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.9M, a strong 80% operating margin.

Mission

CARIBBEAN IMPACT MINISTRIES WAS FORMED FOR THE MISSION AND PURPOSE OF RAISING MONEY THROUGH CHARITABLE DONATIONS FOR THE CHRISTIAN EDUCATION OF CHILDREN OF ALL SOCIOECONOMIC STATUS IN LATIN AMERICAN COUNTRIES. INCLUDING, FORMATION AND OPERATION OF CHRISTIAN SCHOOLS IN THE DOMINICAN REPUBLIC.

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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 $2,335,850

Program Service Revenue $0

Investment Income $91

Other Revenue $0

TOTAL REVENUE $2,335,941

Expense Breakdown

Grants Paid $24,649

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $395,530

Other Expenses $437,262

TOTAL EXPENSES $461,911

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,335,941	$3,383,000	-0.3%
Expenses	$461,911	$117,275	+2.9%
Net Income	$1,874,030	$3,265,725	-0.4%

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

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
SONYA GALLOWAY	TREASURER	2.00	Officer Director	$0	$0	$0
SPENCER GALLOWAY	PRESIDENT	10.00	Officer Director	$0	$0	$0
VINCE JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
TODD SCHAAL	SECRETARY	N/A	Officer Director	$0	$0	$0
DAN WYNALDA	DIRECTOR	N/A	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	$2,335,941	$461,911	$5,220,595	$1,874,030
2023	$3,383,000	$117,275	$3,307,364	$3,265,725
2022	$15,000	$12,573	$2,427	$2,427

CARIBBEAN IMPACT MINISTRIES