GTIA FOUNDATION INC (EIN 364295421) - 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

Principal Officer

MICHAEL MILES

Phone

2028046188

Tax Period

2024-01-01 to 2024-12-31

CREATING IT FUTURES FOUNDATION INC, founded in 1998, is a community nonprofit in the Employment sector that reported $3.8M in total revenue in fiscal year 2018. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $4.8M exceeded revenue, resulting in a 25% operating deficit.

Mission

GITA FOUNDATION HELPS POPULATIONS THAT ARE UNDER-REPRESENTED (SEE SCHEDULE O)

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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 $197,592

Program Service Revenue $11,817

Investment Income $215,436

Other Revenue $19,051

TOTAL REVENUE $443,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,409,701

Fundraising Expenses $0

Program Expenses $5,322,398

Other Expenses $1,912,697

TOTAL EXPENSES $5,322,398

Year-over-Year Comparison

	2024	2023	Change
Revenue	$443,896	$6,844,157	-0.9%
Expenses	$5,322,398	$3,785,269	+0.4%
Net Income	$-4,878,502	$3,058,888	-2.6%

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

$2,953,992

Total Directors

$8,391,644

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MJ SHOER THROUGH 072024	DIRECTOR, PRESIDENT	39.00	Officer Director	$0	$32,027	$840,898
BRIAN LAFFEY THROUGH 072024	DIRECTOR, TREASURER	1.00	Officer Director	$0	$37,532	$1,165,700
COURTNEY FONG THROUGH 072024	DIRECTOR, SECRETARY	1.00	Officer Director	$0	$37,532	$947,394
JOHN MALONSON AS OF 072024	DIRECTOR, PRESIDENT	1.00	Director	$0	$0	$0
TODD THIBODEAUX THROUGH 072024	DIRECTOR	1.00	Director	$0	$37,532	$4,444,426
CHARLES EATON THROUGH 072024	DIRECTOR	1.00	Director	$0	$37,532	$993,226
JOANNA RILEY AS OF 072024	DIRECTOR, TREASURER	1.00	Director	$0	$0	$0
JABU DAYTON AS OF 072024	DIRECTOR, SECRETARY	1.00	Director	$0	$0	$0
RANDI PARKER	SENIOR DIRECTOR, PARTNER ENGAGEMENT	40.00	Highest	$0	$18,912	$273,663
HENRY MANN	SENIOR DIRECTOR, PRODUCT DEVELOPMENT	40.00	Highest	$0	$29,937	$249,343
ANDREA CUTTER	VICE PRESIDENT, MARKETING	40.00	Highest	$0	$29,836	$242,950
GWENDOLYN BRITTON	VICE PRESIDENT, EXTERNAL RELATIONS	40.00	Highest	$0	$28,096	$254,807
THOMAS MITCHELL	SENIOR DIRECTOR, PARTNER OUTREACH	40.00	Highest	$0	$30,036	$243,942

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	$443,896	$5,322,398	$4,494,965	$-4,878,502
2023	$6,844,157	$3,785,269	$6,871,681	$3,058,888
2022	$6,184,441	$3,838,848	$5,188,146	$2,345,593
2021	$11,530,049	$5,590,361	$7,684,169	$5,939,688
2020	$7,028,116	$5,457,973	$6,515,075	$1,570,143
2019	$5,678,646	$6,169,671	$4,745,475	$-491,025
2018	$3,838,778	$4,804,165	$4,950,093	$-965,387

GTIA FOUNDATION INC