GLOBAL INTERCULURAL RESOURCES INC

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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

MELVIN RIGSBY

Tax Period

2023-01-01 to 2023-12-31

GLOBAL INTERCULURAL RESOURCES INC, founded in 2008, is a small nonprofit in the International Affairs sector that reported $525K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

TO HOLD MEETINGS, SEMINARS, WORKSHOPS, CONSULTATIONS TO ESTABLISH OR IMPROVE INTERCULTURAL COMMUNICATIONS IN VARIOUS COUNTRIES. THE PRIMARY BENEFICIARIES WILL THEN RE-TEACH THE PRINCIPLES TO OTHERS

Program Service Accomplishments

Program 1

Expenses: $237,336

TRAVEL EXPENSES RELATED TO MULTIPLE WORK DESTINATIONS

Program 2

Expenses: $226,531

PRINTED MATERIAL AND OTHER BROCHURES NEEDED TO FACILTATE WORK AT VARIOUS LOCATIONS. GENERAL OFFICE SUPPLIES AND PROFESSIONAL SERVICES.

Program 3

Expenses: $50,000

COMPENSATION EARNED

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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 $525,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $525,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,000

Fundraising Expenses $0

Program Expenses $513,867

Other Expenses $463,867

TOTAL EXPENSES $513,867

Year-over-Year Comparison

	2023	2022	Change
Revenue	$525,000	$680,000	-0.2%
Expenses	$513,867	$716,539	-0.3%
Net Income	$11,133	$-36,539	-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

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
DANIEL MILLER	TREASURER	1.00	Officer	$0	$0	$0
ROBERT COKER	SECRETARY	1.00	Officer	$0	$0	$0
MELVIN RIGSBY	PRESIDENT	45.00	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	No data	No data	No data	No data
2023	$525,000	$513,867	$24,447	$11,133
2022	$680,000	$716,539	$13,314	$-36,539
2021	$900,500	$860,655	$49,853	$39,845
2020	$622,000	$640,872	$10,008	$-18,872
2019	$622,000	$612,367	$28,880	$9,633
2018	$749,500	$731,624	$19,247	$17,876
2017	$827,000	$826,217	$1,372	$783