Groveport Madison Local Ed Assoc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

Joy Bock President

Phone

6143271949

Tax Period

2024-09-01 to 2025-08-31

Groveport Madison Local Ed Assoc, founded in 1956, is a small nonprofit that reported $659K in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $181K, a strong 27% operating margin.

Mission

To collectively bargain labor rights and working conditions.

Program Service Accomplishments

Program 1

Expenses: $478,255

Membership- GMLEA holds events each year to increase member activity and awareness. These events encourage all members to become more aware and involved in local union activities. Scholarships- Each year, GMLEA gives scholarships to Groveport Madison students who are majoring in education to pay for their tuition. This year, two students aided from these scholarships. District Outreach- GMLEA purchases books for all incoming kindergarten students to help get them excited about beginning the school year. This benefits approximately 500 students.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $658,974

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $658,976

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,189

Fundraising Expenses $0

Program Expenses $478,255

Other Expenses $471,066

TOTAL EXPENSES $478,255

Year-over-Year Comparison

	2024	2023	Change
Revenue	$658,976	$405,764	+0.6%
Expenses	$478,255	$432,618	+0.1%
Net Income	$180,721	$-26,854	-7.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

423

Independent Members

N/A

Employees

Volunteers

N/A

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

$7,189

Total Directors

Key Employees

$2,228

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joy Bock	President	0.00	Officer	$2,485	$0	$2,485
Suzanne R Penny	Treasurer	5.00	Officer	$2,476	$0	$2,476
Theresa Foster	Vice President	0.00	Officer Key Emp	$2,228	$0	$2,228

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
2025	$658,976	$478,255	$609,723	$180,721
2024	$429,002	$432,628	$465,497	$-3,626
2023	$465,107	$421,795	$469,123	$43,312
2022	$445,681	$415,624	$425,394	$30,057