GLAMOURGALS FOUNDATION INC

EIN: 010565218 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$963,782
Total Expenses
$867,506
Total Assets
$1,965,994
Net Assets
$1,610,586
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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
2001
Legal Domicile
NY
Principal Officer
RACHEL BOYENS
Phone
6319219071
Tax Period
2023-07-01 to 2024-06-30

GLAMOURGALS FOUNDATION INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $964K in total revenue in fiscal year 2023. Expenses of $868K left a modest 10% surplus.

Mission

TO INSPIRE AND ORGANIZE TEEN VOLUNTEERS TO PROVIDE ONGOING COMPANIONSHIP AND COMPLIMENTARY BEAUTY MAKEOVERS TO WOMEN LIVING IN SENIOR HOMES.

Program Service Accomplishments

Program 1
Expenses: $701,984 Revenue: $17,977

GLAMOURGALS WORKS WITH CHAPTERS OF STUDENTS IN HIGH SCHOOLS AND COLLEGES ACROSS THE COUNTRY. WE ARE BUILDING A MOVEMENT OF COMPASSIONATE TEEN LEADERS BY EMPOWERING STUDENTS TO MAKE POSITIVE CHANGES...

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GLAMOURGALS WORKS WITH CHAPTERS OF STUDENTS IN HIGH SCHOOLS AND COLLEGES ACROSS THE COUNTRY. WE ARE BUILDING A MOVEMENT OF COMPASSIONATE TEEN LEADERS BY EMPOWERING STUDENTS TO MAKE POSITIVE CHANGES IN THEIR OWN COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $861,947
Program Service Revenue $17,977
Investment Income $83,858
Other Revenue $0
TOTAL REVENUE $963,782

Expense Breakdown

Grants Paid $16,939
Salaries & Benefits $572,741
Fundraising Expenses $95,658
Program Expenses $701,984
Other Expenses $277,826
TOTAL EXPENSES $867,506

Year-over-Year Comparison

2023 2022 Change
Revenue $963,782 $966,476 0.0%
Expenses $867,506 $612,664 +0.4%
Net Income $96,276 $353,812 -0.7%
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
7
Independent Members
5
Employees
5
Volunteers
10005

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
4
$145,000
Total Directors
7
$145,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARISA KABASINSKAS CHAIRWOMAN 2.00
Officer Director
$0 $0 $0
SUSAN SCHULZ WUORNOS SECRETARY 2.00
Officer Director
$0 $0 $0
SARALYN DOYLE TREASURER 10.00
Officer Director
$0 $0 $0
JOSHUA WISE DIRECTOR 2.00
Director
$0 $0 $0
ERIC S FISCH DIRECTOR 2.00
Director
$0 $0 $0
TAMMY TRAN DIRECTOR 2.00
Director
$0 $0 $0
RACHEL BOYENS FOUNDER & CHIEF EXECUTIVE 60.00
Officer Director
$145,000 $0 $145,000
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 $963,782 $867,506 $1,965,994 $96,276
2023 $966,476 $612,664 $1,739,787 $353,812
2022 $748,662 $368,000 $1,178,156 $380,662
2020 $483,315 $318,367 $516,230 $164,948
2019 $360,923 $260,039 $332,498 $100,884
2018 $245,595 $211,317 $231,614 $34,278
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