G42 Inc (EIN 260734218) - 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

2008

Legal Domicile

Principal Officer

David Hearn

Tax Period

2021-10-01 to 2022-09-30

G42 Inc, founded in 2008, is a small nonprofit that reported $157K in total revenue in fiscal year 2021. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $140K left a modest 10% surplus.

Mission

G42 is a network of churches, ministries, and businesses with the mission to plant churches and ministries and to spread the Kingdom of God around the world-to inspire and develop leaders who are passionate about the poor, orphans, and laying their lives down for Christ.

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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 (2021)

Revenue Breakdown

Contributions & Grants $151,172

Program Service Revenue $345

Investment Income $3

Other Revenue $5,031

TOTAL REVENUE $156,551

Expense Breakdown

Grants Paid $150

Salaries & Benefits $92,096

Fundraising Expenses $0

Program Expenses $28,076

Other Expenses $47,922

TOTAL EXPENSES $140,168

Year-over-Year Comparison

	2021	2020	Change
Revenue	$156,551	$239,601	-0.3%
Expenses	$140,168	$304,931	-0.5%
Net Income	$16,383	$-65,330	-1.3%

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

$38,536

Total Directors

$63,841

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Shearman	President	050.00	Officer Director	$33,036	$0	$33,036
Gary Black	Director	045.00	Director	$25,305	$0	$25,305
David Hearn	Treasurer	040.00	Officer Director	$5,500	$0	$5,500
Michael Zajas	Board Member	045.00	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
2022	$156,551	$140,168	$261,252	$16,383
2021	$239,601	$304,931	$268,504	$-65,330
2020	$579,244	$416,967	$324,476	$162,277
2019	$429,185	$359,884	$156,075	$69,301
2018	$368,975	$391,592	$92,031	$-22,617

G42 Inc