The 5 Gyres Institute (EIN 271350279) - 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

Anna Cummins

Phone

3233951843

Tax Period

2023-10-01 to 2024-09-30

The 5 Gyres Institute, founded in 2009, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

5 Gyres mission is to empower action against the global health crisis of plastic pollution through science, education, and adventure.

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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 $1,235,205

Program Service Revenue $7,191

Investment Income $5,591

Other Revenue $0

TOTAL REVENUE $1,247,987

Expense Breakdown

Grants Paid $0

Salaries & Benefits $858,226

Fundraising Expenses $300,305

Program Expenses $915,575

Other Expenses $466,377

TOTAL EXPENSES $1,382,828

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,247,987	$1,119,229	+0.1%
Expenses	$1,382,828	$1,283,324	+0.1%
Net Income	$-134,841	$-164,095	-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

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

$106,233

Total Directors

$106,233

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kathleen Egan	Board Chair	2.00	Officer Director	$0	$0	$0
Ashley Van Stone	Board Secretary	1.00	Director	$0	$0	$0
Anna Cummins	Executive Director	40.00	Officer Director	$104,133	$2,100	$106,233
Teresa Ish	Board Member	1.00	Director	$0	$0	$0
Jonathan Taylor	Board Member	1.00	Director	$0	$0	$0
Pam Marcus	Board Member	1.00	Director	$0	$0	$0
Lacey Reddix	Board Member	1.00	Director	$0	$0	$0
John Lochner	Board Member	1.00	Director	$0	$0	$0
Aaron McKinnon	Board Member	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	$1,247,987	$1,382,828	$910,557	$-134,841
2023	$1,119,229	$1,283,324	$952,564	$-164,095
2022	$1,053,133	$1,209,862	$1,178,484	$-156,729
2021	$1,205,769	$919,857	$1,305,912	$285,912
2020	$1,283,486	$868,486	$1,104,401	$415,000
2019	$1,151,160	$884,138	$427,115	$267,022
2018	$914,490	$810,344	$159,030	$104,146

The 5 Gyres Institute