GLAZING INDUSTRY ADVANCEMENT FUND (EIN 382767015) - 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

1996

Legal Domicile

Principal Officer

TOM KESLER

Phone

2489721132

Tax Period

2018-06-01 to 2019-05-31

GLAZING INDUSTRY ADVANCEMENT FUND, founded in 1996, is a micro nonprofit that reported $76K in total revenue in fiscal year 2018. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $36K, a strong 48% operating margin.

Mission

TO IMPROVE THE QUALITY OF MATERIALS AND CRAFTSMANSHIP WITHIN THE STRUCTURAL GLASS AND GLAZING INDUSTRY IN MICHIGAN. TO REPRESENT, AND IMPROVE THE GENERAL BUSINESS CONDITION OF MEMBER CONTRACTORS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $76,124

Investment Income $281

Other Revenue $0

TOTAL REVENUE $76,405

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,539

Other Expenses $37,068

TOTAL EXPENSES $40,008

Year-over-Year Comparison

	2018	2017	Change
Revenue	$76,405	$81,555	-0.1%
Expenses	$40,008	$38,038	+0.1%
Net Income	$36,397	$43,517	-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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE HOHENSHIL	VICE PRESIDE	1.00	Director	$0	$0	$0
TOM KESLER	PRESIDENT	1.00	Director	$0	$0	$0
DALE MCATAMNEY	TREASURER	1.00	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
2019	$76,405	$40,008	$184,195	$36,397

GLAZING INDUSTRY ADVANCEMENT FUND