GLASS AXIS INC

🔒

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

1987

Legal Domicile

Principal Officer

KENNETH R DONCHATZ

Phone

6142914250

Tax Period

2024-07-01 to 2025-06-30

GLASS AXIS INC, founded in 1987, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum.

Mission

PROVIDING LOW COST GLASS BLOWING FACILITIES AND EDUCATIONAL PROGRAMS FOR USE BY PROFESSIONAL ARTISTS AND THE COMMUNITY AT LARGE.

Program Service Accomplishments

Program 1

Expenses: $796,411 Revenue: $444,004

GLASS AXIS (COLUMBUS GLASS ART CENTER) IS A COMPREHENSIVE GLASS-MAKING FACILITY, OFFERING PROGRAMMING IN EVERY GLASS ART MEDIUM, INCLUDINGHOT GLASS, CASTING, FUSING AND KILNFORMING, NEON, STAINED...

GLASS AXIS (COLUMBUS GLASS ART CENTER) IS A COMPREHENSIVE GLASS-MAKING FACILITY, OFFERING PROGRAMMING IN EVERY GLASS ART MEDIUM, INCLUDINGHOT GLASS, CASTING, FUSING AND KILNFORMING, NEON, STAINED GLASS, MOSAIC, TORCH/LAMP WORKING AND COLDWORKING. THE SPACE OFFERS FIRST CLASS FACILITIES TO GLASS ARTISTS IN ALL STAGES OF DEVELOPMENT, PROVIDING STUDIO RENTAL OPPORTUNITIES TO MORE THAN 60 LOCAL GLASS ARTISTS. WE OFFER HUNDREDS OF CLASSES AND PUBLIC PROGRAMS EACH YEAR, EXHIBITION AND RETAIL SPACE, HIGH SCHOOL AND COLLEGE INTERNSHIP PROGRAMS, AND A WORK CREDIT PROGRAM FOR OUR MEMBER ARTISTS TO OFFSET STUDIO COSTS.

🔒

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 $572,751

Program Service Revenue $444,004

Investment Income $235

Other Revenue $12,997

TOTAL REVENUE $1,029,987

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,434

Fundraising Expenses $30,555

Program Expenses $796,411

Other Expenses $865,080

TOTAL EXPENSES $1,078,514

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,029,987	$686,133	+0.5%
Expenses	$1,078,514	$783,569	+0.4%
Net Income	$-48,527	$-97,436	-0.5%

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

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

$58,154

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELODY REED	EXECUTIVE DI	40.00	Officer	$58,154	$0	$58,154
ASHLEY BALLARD	PRESIDENT-EL	3.00	Officer Director	$0	$0	$0
TERESA BLACK	TREASURER	10.00	Officer Director	$0	$0	$0
KENNETH R DONCHATZ	PRESIDENT	5.00	Officer Director	$0	$0	$0
JULIE KLEIN	BOARD MEMBER	3.00	Director	$0	$0	$0
ALEXANDRA LAND	BOARD MEMBER	3.00	Director	$0	$0	$0
CANDICE ROSS	BOARD MEMBER	3.00	Director	$0	$0	$0
ANGELINA VEGA	BOARD MEMBER	3.00	Director	$0	$0	$0
MARIA WINEINGER	SECRETARY	3.00	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
2025	$1,029,987	$1,078,514	$2,348,924	$-48,527
2024	$686,133	$783,569	$2,387,248	$-97,436
2023	$722,360	$765,258	$788,445	$-42,898
2022	$940,424	$723,439	$853,943	$216,985
2021	$678,762	$665,895	$698,552	$12,867
2020	$554,462	$592,521	$721,406	$-38,059
2019	$652,029	$668,795	$788,158	$-16,766
2018	$686,065	$661,843	$857,405	$24,222