GLASSROOTS INC (EIN 223671890) - 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

1999

Legal Domicile

Principal Officer

CAROL LOSOS

Phone

9733539555

Tax Period

2024-07-01 to 2025-06-30

GLASSROOTS INC, founded in 1999, is a community nonprofit in the Youth Development sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 8% surplus.

Mission

GLASSROOTS SPARKS CHANGE AND ENABLES GROWTH IN INDIVIDUALS AND COMMUNITIES THROUGH THE TRANSFORMATIVE POWER OF GLASS ART. BUILDING SKILLS, IGNITING CREATIVITY, INSPIRING CONFIDENCE, AND IMPACTING ECONOMIC VITALITY.

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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 $1,175,841

Program Service Revenue $290,044

Investment Income $71,949

Other Revenue $139,001

TOTAL REVENUE $1,676,835

Expense Breakdown

Grants Paid $19,583

Salaries & Benefits $857,687

Fundraising Expenses $230,196

Program Expenses $1,157,902

Other Expenses $667,223

TOTAL EXPENSES $1,544,493

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,676,835	$1,105,031	+0.5%
Expenses	$1,544,493	$1,481,283	+0.0%
Net Income	$132,342	$-376,252	-1.4%

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

$101,072

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL LOSOS	EXECUTIVE DIRECTOR	40.0	Officer	$96,608	$4,464	$101,072
LaTOYA A BATTLE-BROWN	BOARD MEMBER	1.0	Director	$0	$0	$0
ANDREW COOMBS	BOARD MEMBER resigned 2/19/25	1.0	Director	$0	$0	$0
MICHAEL HANDLER	BOARD MEMBER	1.0	Director	$0	$0	$0
MARY JAFFA	BOARD MEMBER	1.0	Director	$0	$0	$0
GALEN JOHNSON	BOARD MEMBER	1.0	Director	$0	$0	$0
DENA LOWENBACH	BOARD MEMBER	1.0	Director	$0	$0	$0
FILOMENA MACHLEDER	BOARD MEMBER	1.0	Director	$0	$0	$0
DIANE MOSS	BOARD MEMBER	1.0	Director	$0	$0	$0
SHERRI-ANN BUTTERFIELD	SECRETARY	3.0	Officer	$0	$0	$0
KEN PRESS	VICE PRESIDENT & TREASURER	3.0	Officer	$0	$0	$0
WILLIAM SIMPSON	SECRETARY	3.0	Officer	$0	$0	$0
ROGER C TUCKER III	PRESIDENT	3.0	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
2025	$1,676,835	$1,544,493	$3,292,292	$132,342
2024	$1,105,031	$1,481,283	$2,889,186	$-376,252
2023	$1,291,203	$1,168,843	$3,260,275	$122,360
2022	$1,078,025	$987,681	$2,953,448	$90,344
2021	$818,868	$837,016	$2,820,117	$-18,148
2020	$1,013,144	$837,420	$2,787,382	$175,724
2019	$2,392,059	$886,108	$2,607,651	$1,505,951

GLASSROOTS INC