GLOBAL GOODS PARTNERS INC

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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

Joan Shifrin

Phone

3475070000

Tax Period

2024-07-01 to 2025-06-30

GLOBAL GOODS PARTNERS INC, founded in 2006, is a small nonprofit in the International Affairs sector that reported $307K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $432K exceeded revenue, resulting in a 41% operating deficit.

Program Service Accomplishments

Program 1

Expenses: $355,926 Revenue: $843,225

As a not-for-profit social enterprise, Global Goods Partners (GGP) is committed to providing sustainable jobs for womenwidely proven to be the key to community development and family wellbeing. In...

As a not-for-profit social enterprise, Global Goods Partners (GGP) is committed to providing sustainable jobs for womenwidely proven to be the key to community development and family wellbeing. In partnership with women-led, community-based organizations, GGP taps into the rich well of skill and artistry that is passed from one generation of women to the next. We invest all proceeds from product sales in developing sustainable market access as well as providing training and funding to enable our partners to prosper and thrive well into the future.

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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 $90,949

Program Service Revenue $0

Investment Income $0

Other Revenue $216,099

TOTAL REVENUE $307,048

Expense Breakdown

Grants Paid $2,575

Salaries & Benefits $285,966

Fundraising Expenses $17,684

Program Expenses $355,926

Other Expenses $143,514

TOTAL EXPENSES $432,055

Year-over-Year Comparison

	2024	2023	Change
Revenue	$307,048	$414,990	-0.3%
Expenses	$432,055	$377,406	+0.1%
Net Income	$-125,007	$37,584	-4.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Clark Anderson	Board of Director	2.00	Director	$0	$0	$0
Veronique Pittman	Board of Director	2.00	Director	$0	$0	$0
Molly Patrick Epstein	Board of Director	2.00	Director	$0	$0	$0
Robin Domeniconi	Board of Director	2.00	Director	$0	$0	$0
Jackie Flanagan Pangelinan	Board of Director	2.00	Director	$0	$0	$0
Joan Shifrin	Board of Director	40.00	Officer Director	$0	$0	$0
Catherine Shimony	Board of Director	40.00	Officer 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
2025	$307,048	$432,055	$336,816	$-125,007
2024	$414,990	$377,406	$459,130	$37,584
2023	$372,884	$334,792	$417,416	$38,092
2022	$504,668	$293,698	$442,126	$210,970
2021	$426,991	$276,954	$230,149	$150,037
2020	$286,622	$323,624	$85,614	$-37,002
2020	$361,018	$361,889	$158,594	$-871
2019	$308,551	$361,889	$159,465	$-53,338
2019	$290,051	$361,889	$159,465	$-71,838
2019	$249,130	$347,149	$131,086	$-98,019
2018	$402,420	$391,581	$178,742	$10,839