ESSENTIAL IMPACT INC (EIN 932593106) - 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

2023

Legal Domicile

Principal Officer

GRANT GORDON

Phone

2027395284

Tax Period

2024-01-01 to 2024-12-31

ESSENTIAL IMPACT INC, founded in 2023, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $437K in total revenue in fiscal year 2024. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 136% operating deficit.

Mission

SEE PART III, LINE 1

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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 $436,945

Program Service Revenue $0

Investment Income $0

Other Revenue $210

TOTAL REVENUE $437,155

Expense Breakdown

Grants Paid $511,048

Salaries & Benefits $264,300

Fundraising Expenses $51,986

Program Expenses $783,294

Other Expenses $255,377

TOTAL EXPENSES $1,030,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$437,155	$2,747,661	-0.8%
Expenses	$1,030,725	$171,485	+5.0%
Net Income	$-593,570	$2,576,176	-1.2%

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

$264,026

Total Directors

$264,026

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRANT GORDON	CEO & CO-FOUNDER	40.00	Officer Director	$102,917	$10,115	$113,032
FIREHIWOT TACHEA	MEMBER OF THE BOARD OF DIRECTORS, VICE PRESIDENT,	40.00	Officer Director	$143,490	$7,504	$150,994
KAREN LEVY	MEMBER OF THE BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
JAN-PAUL BRUINS	MEMBER OF THE BOARD OF DIRECTORS	2.00	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	$437,155	$1,030,725	$2,078,800	$-593,570
2023	$2,747,661	$171,485	$2,669,235	$2,576,176

ESSENTIAL IMPACT INC