GLOBAL FOUNDATION C/O VERTEX EDUCATION (EIN 263492268) - 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

DR NAOMI JOHNSON-BOOKER

Phone

2154819777

Tax Period

2023-07-01 to 2024-06-30

GLOBAL FOUNDATION C/O VERTEX EDUCATION, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $121K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $120K, a strong 99% operating margin.

Mission

TO PROVIDE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALITY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE AND TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF OR TO CONDUCT CHARITABLE AND EDUCATIONAL PURPOSES OF THE GLOBAL LEADERSHIP ACADEMY CHARTER SCHOOL.

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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 $120,925

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $120,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $775

TOTAL EXPENSES $775

Year-over-Year Comparison

	2023	2022	Change
Revenue	$120,925	$161,330	-0.3%
Expenses	$775	$19,823	-1.0%
Net Income	$120,150	$141,507	-0.2%

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

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

$544,803

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHATARA BENSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID POINDEXTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHERYL NELSON	MEMBER	1.00	Director	$0	$0	$0
MONIKA DAVIS	MEMBER	1.00	Director	$0	$0	$0
CYRA COPELAND	MEMBER	1.00	Director	$0	$0	$0
EUGENE GOLSON	SECRETARY	1.00	Officer Director	$0	$0	$0
RUSSELL DINKINS	MEMBER	1.00	Director	$0	$0	$0
DR NAOMI JOHNSON-BOOKER	CEO	1.00	Officer	$0	$134,053	$544,803

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	No data	No data	No data	No data
2024	$120,925	$775	$503,948	$120,150
2023	$161,330	$19,823	$391,798	$141,507

GLOBAL FOUNDATION C/O VERTEX EDUCATION