The Grider Initiative Inc (EIN 270702928) - 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

2009

Legal Domicile

Principal Officer

Sharon L Hanson

Phone

7168983730

Tax Period

2023-01-01 to 2023-12-31

The Grider Initiative Inc, founded in 2009, is a small nonprofit in the Health Care sector that reported $208K in total revenue in fiscal year 2023. Revenue surged 3700% from the prior year, signaling strong growth momentum. The organization ran a surplus of $208K, a strong 100% operating margin.

Mission

To support Erie County Medical Center Corporation "ECMCC", a public benefit corporation, by establishing and managing an endowment solely for the purpose of supporting the recruitment and retention of physicians to practice on the Grider street campus of ECMCC.

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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 $0

Program Service Revenue $0

Investment Income $208,322

Other Revenue $0

TOTAL REVENUE $208,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $40

TOTAL EXPENSES $40

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,322	$5,482	+37.0%
Expenses	$40	$750	-0.9%
Net Income	$208,282	$4,732	+43.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Persico	Chairman	1.00	Officer Director	$0	$0	$0
Dr Jennifer Pugh	Vice-Chair	1.00	Officer Director	$0	$0	$0
Darby Fiskin	Treasurer	1.00	Officer Director	$0	$0	$0
Jonathan A Dandes	Secretary	1.00	Officer Director	$0	$0	$0
Sharon L Hanson	Executive Dir.	1.00	Officer 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	No data	No data	No data	No data
2023	$208,322	$40	$10,232,480	$208,282
2022	$5,482	$750	$9,846,836	$4,732
2021	$5,696	$215,630	$10,193,610	$-209,934
2020	$15,136	$750	$10,214,880	$14,386
2019	$24,127	$1,079,486	$10,679,730	$-1,055,359
2018	$24,258	$750	$10,941,341	$23,508

The Grider Initiative Inc