GAITHERSBURG HELP INC (EIN 237413600) - 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

1982

Legal Domicile

Principal Officer

GARY BOWMAN

Phone

3012162510

Tax Period

2023-01-01 to 2023-12-31

GAITHERSBURG HELP INC, founded in 1982, is a small nonprofit that reported $709K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

Provides basic needs assistance including food, medical, rent and other assistance to needy residents

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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 (2023)

Revenue Breakdown

Contributions & Grants $709,392

Program Service Revenue $0

Investment Income $30

Other Revenue $0

TOTAL REVENUE $709,422

Expense Breakdown

Grants Paid $649,445

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $726,367

Other Expenses $89,970

TOTAL EXPENSES $739,415

Year-over-Year Comparison

	2023	2022	Change
Revenue	$709,422	$603,521	+0.2%
Expenses	$739,415	$697,699	+0.1%
Net Income	$-29,993	$-94,178	-0.7%

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

180

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
Gary Bowman	Treasurer	4.00	Officer Director	$0	$0	$0
Chuck Eater	Assistant Treasurer	4.00	Officer Director	$0	$0	$0
Barbara Richardson	Recording Secretary	2.00	Officer Director	$0	$0	$0
Margo Goldman	Executive Director	8.00	Officer Director	$0	$0	$0
Kevin Ramsey	Asst Executive Director	4.00	Officer Director	$0	$0	$0
Theresa Bove	Executive Committee	2.00	Director	$0	$0	$0
Mimi Bolotin	Executive Committee	2.00	Director	$0	$0	$0
Claudine Rubin	Executive Committee	2.00	Director	$0	$0	$0
Janet Neumann	Executive Committee	2.00	Director	$0	$0	$0
William Clements	Executive Committee	2.0	Director	$0	$0	$0
Robert Ficke	Executive Committee	2.00	Director	$0	$0	$0
Chandrasekaran Subramaniam	Executive Committee	2.00	Director	$0	$0	$0
Elizabeth So	Executive Committee	2.0	Director	$0	$0	$0
Jimmy Li	Executive Committee	2.00	Director	$0	$0	$0
Kathy Nelligan	Executive Committee	2.0	Director	$0	$0	$0
Diane Schmid	Executive Committee	2.00	Director	$0	$0	$0
David Sonnenberg	President	2.00	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
2024	No data	No data	No data	No data
2023	$709,422	$739,415	$564,332	$-29,993
2022	$603,521	$697,699	$512,273	$-94,178
2022	$603,521	$697,699	$512,273	$-94,178
2021	$629,542	$538,504	$554,899	$91,038
2020	$870,269	$628,141	$477,694	$242,128
2019	$392,648	$398,885	$215,284	$-6,237
2018	$428,737	$456,871	$207,608	$-28,134

GAITHERSBURG HELP INC