GMC FOUNDATION INC (EIN 311581087) - 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

1998

Legal Domicile

Phone

2013332500

Tax Period

2024-01-01 to 2024-12-31

GMC FOUNDATION INC, founded in 1998, is a small nonprofit in the Religion sector that reported $325K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $158K, a strong 49% operating margin.

Mission

TO ESTABLISH AND MAINTAIN PLACE OF WORSHIP

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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 (2024)

Revenue Breakdown

Contributions & Grants $325,182

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $325,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,077

Other Expenses $167,077

TOTAL EXPENSES $167,077

Year-over-Year Comparison

	2024	2023	Change
Revenue	$325,182	$350,591	-0.1%
Expenses	$167,077	$143,730	+0.2%
Net Income	$158,105	$206,861	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MUHMMAD L SHAHID	TRUSTEE	50.00	Director	$0	$0	$0
ABDUL R CHAUDHRY	TRUSTEE	24.00	Director	$0	$0	$0
MUHAMMAD R CHAUDHRY	TRUSTEE	24.00	Director	$0	$0	$0
MUKHTAR A CHAUDHRY	TRUSTEE	24.00	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	$325,182	$167,077	$2,502,042	$158,105
2023	$350,591	$143,730	$2,343,287	$206,861
2022	$371,198	$150,933	$2,135,189	$220,265
2021	$664,248	$130,402	$1,917,567	$533,846
2020	$1,063,252	$110,823	$1,630,694	$952,429
2019	$253,581	$146,493	$459,618	$107,088
2018	$253,719	$82,005	$502,643	$171,714

GMC FOUNDATION INC