GLOBAL HEALTHY LIVING FOUNDATION INC (EIN 204039120) - 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

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.

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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