GLYCOSYN HEALTH INITIATIVES INC C/O NEWBURG & COMPANY LLP

EIN: 263983845 501(c)(3)

WALTHAM, MA

Total Revenue
$2,826
Total Expenses
$147,682
Total Assets
$68,658
Net Assets
$67,858
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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
2009
Legal Domicile
MA
Principal Officer
STEVEN COHEN
Phone
7818844100
Tax Period
2018-01-01 to 2018-12-31

GLYCOSYN HEALTH INITIATIVES INC C/O NEWBURG & COMPANY LLP, founded in 2009, is a micro nonprofit that reported $3K in total revenue in fiscal year 2018. Revenue surged 486% from the prior year, signaling strong growth momentum. Expenses of $148K exceeded revenue, resulting in a 5126% operating deficit.

Mission

GYLCOSYN HEALTH INITIATIVES, INC IS A BIOTECHNOLOGY THERAPEUTICS AND DIAGNOSTICS ORGANIZATION, DEDICATED TO IMPLEMENTING NEW TREATMENTS AND TECHNOLOGIES TO REDUCE THE IMPACT OF INFANT AND CHILDHOOD DISEASES WORLDWIDE, THE PRIMARY CAUSE OF MORBIDITY AND MORTALITY AMONG CHILDREN IN THIRD WORLD COUNTRIES.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $2,000
Program Service Revenue $0
Investment Income $826
Other Revenue $0
TOTAL REVENUE $2,826

Expense Breakdown

Grants Paid $17,000
Salaries & Benefits $126,000
Fundraising Expenses $63,021
Program Expenses $80,021
Other Expenses $4,682
TOTAL EXPENSES $147,682

Year-over-Year Comparison

2018 2017 Change
Revenue $2,826 $482 +4.9%
Expenses $147,682 $111,460 +0.3%
Net Income $-144,856 $-110,978 +0.3%
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

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Governance

Voting Members
7
Independent Members
7
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
3
$126,000
Total Directors
7
$126,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN COHEN PRESIDENT & DIRECTOR 3.00
Officer Director
$0 $0 $0
JOHN R GARRET PHD TREASURER & DIRECTOR 30.00
Officer Director
$126,000 $0 $126,000
HOWARD M NEWBURG CLERK & DIRECTOR 3.00
Officer Director
$0 $0 $0
DAVID S NEWBURG DIRECTOR 3.00
Director
$0 $0 $0
VIDAR J JORGENSEN DIRECTOR 3.00
Director
$0 $0 $0
GARY COHEN DIRECTOR 3.00
Director
$0 $0 $0
PHILLIPS L KUHL DIRECTOR 3.00
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
2018 $2,826 $147,682 $68,658 $-144,856
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