GLOBAL HEALTHY LIVING FOUNDATION I… - Form 990 Financial Data

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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

2005

Legal Domicile

Principal Officer

SETH GINSBERG

Phone

8453480400

Tax Period

2024-01-01 to 2024-12-31

GLOBAL HEALTHY LIVING FOUNDATION INC, founded in 2005, is a community nonprofit in the Health Care sector that reported $7.2M in total revenue in fiscal year 2024.

Mission

To improve the quality of life for people with chronic diseases through diet, exercise, a positive mental outlook, prescription drug therapy, and a positive relationship with their doctor.

Program Service Accomplishments

Program 1

Expenses: $5,688,666 Revenue: $1,406,328

BUILDING OUR PATIENTSPOT PATIENT REGISTRY TO PROVIDE PATIENTS WITH AN APP THAT MONITORS CHANGES IN THEIR CONDITION AND MAKE INFORMED TREATMENT DECISIONS. PATIENTSPOT EMPOWERS NEARLY 50,000 CONSENTED PATIENTS WITH CHRONIC DISEASES TO TRACK SYMPTOMS AND TREATMENT, VIEW THEIR DATA OVER TIME AND SHARE INFORMATION WITH THEIR DOCTORS AND RESEARCHERS. THIS INITIATIVE IS A PATIENT-INSPIRED AND PATIENT-MANAGED RESEARCH INITIATIVE.

Program 2

OUR CORNERSTONE IN EDUCATION AND AWARENESS REVOLVES AROUND OUR CREAKYJOINTS WEBSITE TO EMPOWER PATIENTS TO LEARN ABOUT DIFFERENT TYPES OF CHRONIC DISEASES. CREAKYJOINTS IS AN INTERNATIONAL, DIGITAL COMMUNITY FOR MILLIONS OF ARTHRITIS PATIENTS AND CAREGIVERS WORLDWIDE WHO SEEK EDUCATION, SUPPORT, ADVOCACY, AND PATIENT-CENTERED RESEARCH. ALL OF OUR PROGRAMMING AND SERVICES ARE ALWAYS PROVIDED FREE OF CHARGE.

Program 3

FOCUS HAS BEEN ON CREATING A DIGITALLY ROBUST LIBRARY FOR CHRONIC DISEASE PATIENTS AROUND PODCASTS, YOUTUBE AND SOCIAL MEDIA PROMOTION. CREATING NOT ONLY THE CONTENT TO HELP PATIENTS EDUCATE...

FOCUS HAS BEEN ON CREATING A DIGITALLY ROBUST LIBRARY FOR CHRONIC DISEASE PATIENTS AROUND PODCASTS, YOUTUBE AND SOCIAL MEDIA PROMOTION. CREATING NOT ONLY THE CONTENT TO HELP PATIENTS EDUCATE THEMSELVES ABOUT THEIR CONDITIONS BUT ALSO PROMOTING AND REACHING PATIENTS WHO NEED MORE RESOURCES. WITH OUR REACH EXPANDING BY THE DAY, WE HAVE OVER 1.5 MILLION TOTAL LISTENS ACROSS PLATFORMS ON OUR PODCAST NETWORK, OVER 5 MILLION TOTAL VIEWS ACROSS TWO YOUTUBE CHANNELS, AND OVER 15 MILLION IMPRESSIONS ACROSS ALL MAJOR SOCIAL MEDIA PLATFORMS.

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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 $1,933,980

Program Service Revenue $5,070,311

Investment Income $11,115

Other Revenue $152,850

TOTAL REVENUE $7,168,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,758,545

Fundraising Expenses $69,005

Program Expenses $5,688,666

Other Expenses $2,195,234

TOTAL EXPENSES $6,953,779

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,168,256	$7,221,100	0.0%
Expenses	$6,953,779	$9,409,758	-0.3%
Net Income	$214,477	$-2,188,658	-1.1%

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

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

$709,834

Total Directors

$422,167

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SETH GINSBERG	President	40.00	Officer Director	$421,667	$500	$422,167
LOUIS THARP	EXECUTIVE DIRECTOR	40.00		$295,000	$500	$295,500
JAMES BUMGARDNER	Vice President	40.00	Officer	$287,167	$500	$287,667
STEVEN NEWMARK	N/A	40.00		$255,839	$5,839	$261,678
JOSEPH COE	N/A	40.00		$248,827	$0	$248,827
DAVID CURTIS	N/A	40.00		$233,539	$500	$234,039
SHILPA VENKATACHALEM	N/A	40.00		$213,846	$500	$214,346
CAROL HARRISON	BOARD MEMBER	0.00	Director	$0	$0	$0
STEFAN BILL	BOARD MEMBER	0.00	Director	$0	$0	$0
NICHOLAS STERGHOS	BOARD MEMBER	0.00	Director	$0	$0	$0
JOE SIMENIC	President	0.00	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	$7,168,256	$6,953,779	$1,421,991	$214,477
2023	$7,221,100	$9,409,758	$2,278,993	$-2,188,658
2022	$9,195,949	$11,124,132	$4,183,294	$-1,928,183
2021	$8,221,665	$8,155,196	$6,909,681	$66,469
2020	$8,875,226	$7,834,777	$6,686,584	$1,040,449
2019	$7,347,867	$6,111,886	$3,776,896	$1,235,981
2018	$6,189,377	$5,309,825	$3,098,257	$879,552

GLOBAL HEALTHY LIVING FOUNDATION INC