GLOBAL MIDWEST ALLIANCE CONFERENCES LLC

EIN: 270332005 501(c)(3) Education

CHICAGO, IL

Total Revenue
$56,353
Total Expenses
$18,270
Total Assets
$59,052
Net Assets
$59,052
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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
2016
Legal Domicile
IL
Principal Officer
GAIL LONGMORE
Phone
8888080462
Tax Period
2023-07-01 to 2024-06-30

GLOBAL MIDWEST ALLIANCE CONFERENCES LLC, founded in 2016, is a micro nonprofit in the Education sector that reported $56K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $38K, a strong 68% operating margin.

Mission

GLOBAL MIDWEST ALLIANCE CONFERENCES (GMAC) IS AN EDUCATIONAL ORGANIZATION DEDICATED TO PROVIDING EDUCATIONAL PROGRAMS AND CONFERENCES IN THE FIELD OF INNOVATION AND BUSINESS GROWTH IN IN CLEAN TECH, ENERGY, FOOD LOGISTICS, MANUFACTURING AND WATER INDUSTRIES.

Program Service Accomplishments

Program 1
Expenses: $266 Revenue: $3,520

ECONOMIC OUTLOOK LUNCH: GLOBAL MIDWEST ALLIANCE CONFERENCES LLC HOSTED A DISCUSSION FOCUSED ON THE FORCES THAT ARE CURRENTLY SHAPING THE U.S. EXPANSION AS IT ENTERED 2024.

Program 2
Expenses: $2,126 Revenue: $2,165

CORPORATE VENTURING: GLOBAL MIDWEST ALLIANCE CONFERENCES LLC HOSTED A DISCUSSION ON THE CURRENT STATE OF CORPORATE VENTURING AND THE OPPORTUNITIES AND CHALLENGES IN THE PANDEMIC WORLD.

Program 3
Expenses: $356 Revenue: $3,620

MANUFACTURING INDUSTRY PROGRAM: GLOBAL MIDWEST ALLIANCE CONFERENCES LLC HOSTED A PANEL LED DISCUSSION WITH INDUSTRY EXPERTS TO EXPLORE AND CONSIDER A HOLISTIC PICTURE OF WHAT THE IMPACT OF TECHNOLOGY...

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MANUFACTURING INDUSTRY PROGRAM: GLOBAL MIDWEST ALLIANCE CONFERENCES LLC HOSTED A PANEL LED DISCUSSION WITH INDUSTRY EXPERTS TO EXPLORE AND CONSIDER A HOLISTIC PICTURE OF WHAT THE IMPACT OF TECHNOLOGY WILL HAVE ON THE NATURE OF WORK AND THE COMPOSITION OF THE WORKFORCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $42,500
Program Service Revenue $13,853
Investment Income $0
Other Revenue $0
TOTAL REVENUE $56,353

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $18,270
Other Expenses $18,270
TOTAL EXPENSES $18,270

Year-over-Year Comparison

2023 2022 Change
Revenue $56,353 $70,580 -0.2%
Expenses $18,270 $91,653 -0.8%
Net Income $38,083 $-21,073 -2.8%
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

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Governance

Voting Members
3
Independent Members
3
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
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GAIL LONGMORE PRESIDENT 40.00
Director
$0 $0 $0
DONALD AGEE SECRETARY 2.00
Officer
$0 $0 $0
RONALD LAZARUS TREASURER 2.00
Officer
$0 $0 $0
ANTHONY NASHARR VICE PRESIDE 2.00
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
2025 No data No data No data No data
2024 $56,353 $18,270 $59,052 $38,083
2023 $70,580 $91,653 $20,969 $-21,073
2022 $83,822 $115,665 $42,988 $-31,843
2021 $69,721 $49,784 $73,885 $19,937
2020 $41,055 $26,985 $90,978 $14,070
2019 $67,156 $33,977 $75,372 $33,179
2018 $59,117 $41,763 $39,883 $17,354
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