GLOBAL ADVANCE FOUNDATION (EIN 270445659) - 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

2007

Legal Domicile

Principal Officer

JONATHAN SHIBLEY

Phone

9727719042

Tax Period

2024-01-01 to 2024-12-31

GLOBAL ADVANCE FOUNDATION, founded in 2007, is a micro nonprofit in the Religion sector that reported $26K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 4312% operating deficit.

Mission

THE GLOBAL ADVANCE FOUNDATION EXISTS TO BUILD A LONG TERM ENDOWMENT THAT WILL HELP FUND MINISTRY PROJECTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $200

Program Service Revenue $0

Investment Income $26,036

Other Revenue $0

TOTAL REVENUE $26,236

Expense Breakdown

Grants Paid $1,144,866

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,144,866

Other Expenses $12,566

TOTAL EXPENSES $1,157,432

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,236	$134,323	-0.8%
Expenses	$1,157,432	$19,707	+57.7%
Net Income	$-1,131,196	$114,616	-10.9%

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

$314,073

Total Directors

$314,073

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN SHIBLEY	President	1.00	Officer Director	$0	$90,758	$232,073
DAVID SHIBLEY	Vice President	1.00	Officer Director	$0	$47,133	$82,000
NAOMI SHIBLEY	SEC/TREAS	1.00	Officer Director	$0	$0	$0
WAYNE WILLIAMS	Director	1.00	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
2024	$26,236	$1,157,432	$185,443	$-1,131,196
2023	$134,323	$19,707	$1,226,659	$114,616
2022	$55,892	$21,352	$1,025,661	$34,540
2021	$315,365	$10,008	$1,193,871	$305,357
2020	$201,087	$7,623	$823,181	$193,464
2019	$74,137	$8,197	$695,049	$65,940
2018	$131,738	$7,553	$570,547	$124,185
2018	$131,738	$7,553	$570,547	$124,185

GLOBAL ADVANCE FOUNDATION