GLORIA GATES MEMORIAL FOUNDATION (EIN 251832472) - 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

ROBIN PELLEGRINE

Phone

8149425345

Tax Period

2024-01-01 to 2024-12-31

GLORIA GATES MEMORIAL FOUNDATION, founded in 1999, is a small nonprofit in the Human Services sector that reported $206K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $96K, a strong 47% operating margin.

Mission

PROVIDE RECREATIONAL AND EDUCATION PROGRAMS FOR CHILDREN OF LOW-INCOME AND DISADVANTAGED FAMILIES

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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 $159,056

Program Service Revenue $0

Investment Income $10,938

Other Revenue $35,931

TOTAL REVENUE $205,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,401

Fundraising Expenses $0

Program Expenses $91,165

Other Expenses $47,550

TOTAL EXPENSES $109,951

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,925	$168,037	+0.2%
Expenses	$109,951	$133,428	-0.2%
Net Income	$95,974	$34,609	+1.8%

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

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
DAN BURNS	PRESIDENT	5.00	Officer	$0	$0	$0
CHRISTOPHER CLEMONS JR	VICE PRESIDENT	5.00	Officer	$0	$0	$0
DENISE MARTIN	SECRETARY	5.00	Officer	$0	$0	$0
ROBIN PELLEGRINE	TREASURER	1.00	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	$205,925	$109,951	$302,172	$95,974
2023	$168,037	$133,428	$205,771	$34,609
2022	$145,685	$153,675	$174,272	$-7,990
2021	$155,874	$157,717	$182,262	$-1,843
2020	$174,409	$125,576	$184,105	$48,833
2019	$139,947	$148,975	$135,272	$-9,028

GLORIA GATES MEMORIAL FOUNDATION