Glasstire (EIN 043691617) - 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

2001

Legal Domicile

Principal Officer

Brandon Zech

Phone

7138500939

Tax Period

2024-01-01 to 2024-12-31

Glasstire, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $556K in total revenue in fiscal year 2024. Expenses of $521K left a modest 6% surplus.

Mission

Glasstire is an online magazine for visual art in Texas.

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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 $568,930

Program Service Revenue $0

Investment Income $19,544

Other Revenue $-32,897

TOTAL REVENUE $555,577

Expense Breakdown

Grants Paid $0

Salaries & Benefits $293,266

Fundraising Expenses $42,736

Program Expenses $397,714

Other Expenses $227,930

TOTAL EXPENSES $521,196

Year-over-Year Comparison

	2024	2023	Change
Revenue	$555,577	$570,363	0.0%
Expenses	$521,196	$466,219	+0.1%
Net Income	$34,381	$104,144	-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

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

$77,773

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Juliet Franco	President	1.00	Officer Director	$0	$0	$0
James Pattison	Treasurer	0.50	Officer Director	$0	$0	$0
Dalton Harris	Secretary	0.75	Officer Director	$0	$0	$0
Megan Ebel	Board Member	0.50	Director	$0	$0	$0
Laura Elcock	Board Member	0.50	Director	$0	$0	$0
Jason Fuller	Board Member	0.50	Director	$0	$0	$0
Sheryl Kolasinski	Board Member	0.75	Director	$0	$0	$0
Kathryn McDougal	Former President	0.50	Director	$0	$0	$0
Clare Robinson	Board Member	0.50	Director	$0	$0	$0
Gillian Sarofim	Board Member	0.50	Director	$0	$0	$0
Brandon Zech	Executive Dir / Publisher	40.00	Officer	$77,773	$0	$77,773

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	$555,577	$521,196	$622,475	$34,381
2023	$570,363	$466,219	$581,399	$104,144
2022	$523,019	$405,658	$476,412	$117,361
2021	$466,683	$374,793	$386,693	$91,890
2020	$440,266	$384,086	$337,390	$56,180
2019	$436,194	$468,960	$208,118	$-32,766
2018	$518,572	$415,604	$315,909	$102,968

Glasstire