GREENWOOD LAKE GAELIC CULTURAL SOCIETY (EIN 222255245) - 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

1975

Legal Domicile

Principal Officer

MAUREEN MULCAHY

Phone

8454773472

Tax Period

2024-01-01 to 2024-12-31

GREENWOOD LAKE GAELIC CULTURAL SOCIETY, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $409K in total revenue in fiscal year 2024. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $238K, a strong 58% operating margin.

Mission

TO PROVIDE CHILDREN AND YOUNG ADULTS FROM NORTHERN IRELAND WITH THE OPPORTUNITY TO ENJOY AND LEARN FROM A VISIT TO THE UNITED STATES OF AMERICA.

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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 $164,480

Program Service Revenue $112,743

Investment Income $78,642

Other Revenue $52,883

TOTAL REVENUE $408,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $34,989

Program Expenses $127,608

Other Expenses $170,931

TOTAL EXPENSES $170,931

Year-over-Year Comparison

	2024	2023	Change
Revenue	$408,748	$187,026	+1.2%
Expenses	$170,931	$70,661	+1.4%
Net Income	$237,817	$116,365	+1.0%

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
MAUREEN MULCAHY	PRESIDENT	6.00	Officer	$0	$0	$0
BILL BOSS	1ST VICE PRESIDENT	3.00	Officer	$0	$0	$0
DENIS MULCAHY	2ND VICE PRESIDENT	15.00	Officer	$0	$0	$0
ALEXIS O'ROURKE	TREASURER	10.00	Officer	$0	$0	$0
COLLEEN HALLINAN	CORRESPONDING SECRETARY	5.00	Officer	$0	$0	$0
MARIE VETH	RECORDING SECRETARY	3.00	Officer	$0	$0	$0
ROBERT MAHONY	3 YEAR TRUSTEE	2.00	Officer	$0	$0	$0
MATTHEW VETH	2 YEAR TRUSTEE	2.00	Officer	$0	$0	$0
MARTIN BRACKEN	1 YEAR TRUSTEE	2.00	Officer	$0	$0	$0
VINCENT HALLINAN	SGT AT ARMS	2.00	Officer	$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	$408,748	$170,931	$1,879,380	$237,817
2023	$187,026	$70,661	$1,641,563	$116,365
2022	$78,201	$212,845	$1,525,198	$-134,644
2021	$156,303	$32,725	$1,665,402	$123,578
2020	$67,737	$243,371	$1,536,264	$-175,634
2019	$231,123	$131,307	$1,711,898	$99,816
2018	$26,277	$141,977	$1,612,082	$-115,700

GREENWOOD LAKE GAELIC CULTURAL SOCIETY