GLOBAL SOLACE INC

EIN: 274400089 501(c)(3) Animal-Related

Beallsville, MD

Total Revenue
$243,461
Total Expenses
$192,826
Total Assets
$134,757
Net Assets
$134,757
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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
2011
Legal Domicile
MD
Principal Officer
Leland Bristol
Phone
2404791510
Tax Period
2021-01-01 to 2021-12-31

GLOBAL SOLACE INC, founded in 2011, is a small nonprofit in the Animal-Related sector that reported $243K in total revenue in fiscal year 2021. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 21% operating margin.

Mission

Install solar PV and renewable energy systems in the Developing World and underserved communities on schools, health clinics and government buildings. Also local non-profit donations due to COVID travel restrictions.

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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 (2021)

Revenue Breakdown

Contributions & Grants $12,461
Program Service Revenue $0
Investment Income $0
Other Revenue $231,000
TOTAL REVENUE $243,461

Expense Breakdown

Grants Paid $37,265
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,265
Other Expenses $155,561
TOTAL EXPENSES $192,826

Year-over-Year Comparison

2021 2020 Change
Revenue $243,461 $133,533 +0.8%
Expenses $192,826 $82,946 +1.3%
Net Income $50,635 $50,587 +0.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
8

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
4
$0
Total Directors
3
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leland Bristol Executive Director 20
Officer Director Key Emp
$0 $0 $0
John Reid Treasurer 0
Officer Director
$0 $0 $0
Robert Cissel Vice President 0
Officer Director
$0 $0 $0
Kristopher Cates-Bristol Director of Development 0
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
2021 $243,461 $192,826 $134,757 $50,635
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