GLOBAL LANGUAGE PROJECT INC

EIN: 320292343 501(c)(3)

NEW YORK, NY

Total Revenue
$358,963
Total Expenses
$376,138
Total Assets
$152,543
Net Assets
$122,371
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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
NY
Principal Officer
ELISABETH SHOVERS
Phone
6466578075
Tax Period
2018-07-01 to 2019-06-30

GLOBAL LANGUAGE PROJECT INC, founded in 2009, is a small nonprofit that reported $359K in total revenue in fiscal year 2018. Revenue decreased 10% compared to the prior year.

Mission

Global Language Project (GLP) supports world-language learning through innovative teacher development and best-in-class curricula, thus enabling students, particularly those in underserved communities, to develop language proficiency for further education and the global workforce.

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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 (2018)

Revenue Breakdown

Contributions & Grants $312,524
Program Service Revenue $45,658
Investment Income $67
Other Revenue $714
TOTAL REVENUE $358,963

Expense Breakdown

Grants Paid $0
Salaries & Benefits $180,585
Fundraising Expenses $22,055
Program Expenses $329,487
Other Expenses $195,553
TOTAL EXPENSES $376,138

Year-over-Year Comparison

2018 2017 Change
Revenue $358,963 $400,519 -0.1%
Expenses $376,138 $348,229 +0.1%
Net Income $-17,175 $52,290 -1.3%
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
8
Independent Members
8
Employees
4
Volunteers
85

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
$79,112
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Georges Chahwan Director 1.00
Director
$0 $0 $0
NISRINE DANAF Director 1.00
Director
$0 $0 $0
SHARON CHIN to 91818 Director 1.00
Director
$0 $0 $0
SYLVIA EDWARDS Director 1.00
Director
$0 $0 $0
MICHAEL MENG Treasurer 3.00
Officer Director
$0 $0 $0
BEVERLY PIMSLEUR Director 1.00
Director
$0 $0 $0
SUSAN HANNA-WICHT Chairperson 3.00
Officer Director
$0 $0 $0
SHAWEI WANG Secretary 3.00
Officer Director
$0 $0 $0
Elisabeth Shovers Executive Dir. 40.00
Officer
$76,780 $2,332 $79,112
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
2019 $358,963 $376,138 $152,543 $-17,175
2018 $400,519 $348,229 $153,169 $52,290
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