Cool Globes Inc C/O Laura Knudson (EIN 205212070) - 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

2006

Legal Domicile

Principal Officer

WENDY ABRAMS

Phone

8479495500

Tax Period

2021-01-01 to 2021-12-31

Cool Globes Inc C/O Laura Knudson, founded in 2006, is a micro nonprofit in the Environment sector that reported $55K in total revenue in fiscal year 2021. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $279K exceeded revenue, resulting in a 407% operating deficit.

Mission

COOL GLOBES: HOT IDEAS FOR A COOLER PLANET IS AN INNOVATIVE PROJECT THAT USES THE MEDIUM OF PUBLIC ART TO INSPIRE INDIVIDUALS AND ORGANIZATIONS TO TAKE ACTION AGAINST GLOBAL WARMING.

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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 (2021)

Revenue Breakdown

Contributions & Grants $55,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $55,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $21,300

Program Expenses $215,084

Other Expenses $278,994

TOTAL EXPENSES $278,994

Year-over-Year Comparison

	2021	2020	Change
Revenue	$55,000	$291,560	-0.8%
Expenses	$278,994	$162,172	+0.7%
Net Income	$-223,994	$129,388	-2.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wendy Abrams	President/Director	20.0	Officer Director	$0	$0	$0
William Abrams	Treasurer/Director	1.0	Officer Director	$0	$0	$0
James Abrams	secretary/director	1.0	Officer Director	$0	$0	$0
ann loucks	director	1.0	Director	$0	$0	$0
lynn harris	director	1.0	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
2021	$55,000	$278,994	$107,361	$-223,994
2020	$291,560	$162,172	$322,556	$129,388
2019	$300,000	$148,344	$193,168	$151,656
2018	$215,000	$211,956	$44,662	$3,044

Cool Globes Inc C/O Laura Knudson