GRAMEEN AMERICA INC (EIN 208497991) - 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

2007

Legal Domicile

Principal Officer

ANDREA JUNG

Phone

7187040438

Tax Period

2024-01-01 to 2024-12-31

GRAMEEN AMERICA INC, founded in 2007, is a major nonprofit in the Community Improvement sector that reported $141.8M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $96.5M, a strong 68% operating margin.

Mission

GRAMEEN AMERICA IS DEDICATED TO HELPING LOW INCOME ENTREPRENEURIAL WOMEN. (SEE SCHEDULE O)

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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 $84,309,915

Program Service Revenue $54,296,895

Investment Income $2,918,723

Other Revenue $313,543

TOTAL REVENUE $141,839,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,399,600

Fundraising Expenses $1,230,183

Program Expenses $42,014,795

Other Expenses $16,931,657

TOTAL EXPENSES $45,331,257

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,839,076	$83,384,408	+0.7%
Expenses	$45,331,257	$32,943,033	+0.4%
Net Income	$96,507,819	$50,441,375	+0.9%

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

477

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

$1,287,495

Total Directors

$664,048

Key Employees

$480,661

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA JUNG	PRESIDENT & CEO	40.00	Officer Director	$638,041	$16,546	$654,587
PROFESSOR MUHAMMAD YUNUS	CO-CHAIR (THRU 09/2024)	5.00	Officer Director	$0	$9,461	$9,461
JOHN F MEGRUE	CO-CHAIR	5.00	Officer Director	$0	$0	$0
MICHAEL D GRANOFF	DIRECTOR	0.50	Director	$0	$0	$0
VIDAR J JORGENSEN	DIRECTOR	0.50	Director	$0	$0	$0
KAREN PRITZKER	DIRECTOR	0.50	Director	$0	$0	$0
MAHMOUD MAMDANI	DIRECTOR	0.50	Director	$0	$0	$0
BENJAMIN FARKAS	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT ANNIBALE	DIRECTOR	0.50	Director	$0	$0	$0
NANDITA BAKHSHI	DIRECTOR	0.50	Director	$0	$0	$0
LORI DICKERSON FOUCHE	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER R JACKSON	DIRECTOR	0.50	Director	$0	$0	$0
MARIA C ALONSO	DIRECTOR	0.50	Director	$0	$0	$0
TASMINA RAHMAN	DIRECTOR	0.50	Director	$0	$0	$0
ADRIANA P TORRES	DIRECTOR	0.50	Director	$0	$0	$0
MILEYKA BURGOS-FLORES	DIRECTOR (AS OF 06/2024)	0.50	Director	$0	$0	$0
LUCAS RAMIREZ	CFO	40.00	Officer	$362,335	$17,196	$379,531
MIRIAM BENITEZ NIEVES	SEC. & VP OF LEGAL	40.00	Officer	$227,568	$16,348	$243,916
RAJITHA SWAMINATHAN	VP, PROGRAM STRATEGY & MEMBER SVCS	40.00	Key Emp	$230,149	$12,256	$242,405
JILL MONUM	VP, DEVELOPMENT & MARKETING	40.00	Key Emp	$231,768	$6,488	$238,256
PATRICIA CHOI	CHIEF TECHNOLOGY OFFICER	40.00	Highest	$349,507	$16,510	$366,017
DIANA SACCHI	CHIEF HUMAN RESOURCES OFFICER	40.00	Highest	$290,255	$17,650	$307,905
HABIB CHOWDHURY	VP, NATIONAL OPERATIONS	40.00	Highest	$238,843	$29,221	$268,064
MARCUS BERKOWITZ	CHIEF PRODUCT & INNOVATION OFFICER	40.00	Highest	$222,729	$18,504	$241,233
GREGORY JOHN MANN	VP, CULT & ENGAGEMENT	40.00	Highest	$220,749	$7,706	$228,455

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	$141,839,076	$45,331,257	$526,174,952	$96,507,819
2023	$83,384,408	$32,943,033	$374,435,374	$50,441,375
2022	$46,396,843	$28,290,820	$278,769,129	$18,106,023
2021	$50,248,348	$20,634,401	$237,127,552	$29,613,947
2020	$55,605,067	$21,693,035	$203,595,580	$33,912,032
2019	$43,999,887	$21,236,354	$146,277,303	$22,763,533
2018	$23,851,109	$16,060,634	$103,579,636	$7,790,475

GRAMEEN AMERICA INC