GLOBAL YEAR INC (EIN 271540951) - 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

Phone

7702724462

Tax Period

2023-01-01 to 2023-12-31

GLOBAL YEAR INC, founded in 2009, is a small nonprofit in the Religion sector that reported $753K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $865K exceeded revenue, resulting in a 15% operating deficit.

Mission

Global Year is a ministry that comes along side of pastors, student pastors, parents and leaders to create an opportunity for students to take a "Gap" year between high school and career to: learn another language; immerse into a different culture; grow deeply with Christ.

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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 $753,283

Program Service Revenue $0

Investment Income $92

Other Revenue $0

TOTAL REVENUE $753,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $578,575

Fundraising Expenses $71,788

Program Expenses $634,403

Other Expenses $286,172

TOTAL EXPENSES $864,747

Year-over-Year Comparison

	2023	2022	Change
Revenue	$753,375	$816,645	-0.1%
Expenses	$864,747	$816,912	+0.1%
Net Income	$-111,372	$-267	+416.1%

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

$106,026

Total Directors

$139,626

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Johnny Condrey	Executive Dir.	40.00	Officer Director	$106,026	$0	$106,026
Taylor Condrey	Director	20.00	Director	$33,600	$0	$33,600
Gary Willett	Director	1.00	Director	$0	$0	$0
Timothy Nall	Chairman	1.00	Officer Director	$0	$0	$0
Timothy Russell	Director	1.00	Director	$0	$0	$0
Derek Nelson	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	No data	No data	No data	No data
2023	$753,375	$864,747	$680,768	$-111,372
2022	$816,645	$816,912	$783,479	$-267
2021	$886,350	$657,367	$783,784	$228,983
2020	$672,026	$616,444	$560,934	$55,582
2019	$826,390	$806,370	$492,718	$20,020
2018	$813,045	$799,374	$507,424	$13,671

GLOBAL YEAR INC