GLOBAL INNOVATION MANAGEMENT INSTITUTE INC (EIN 383940964) - 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

2010

Legal Domicile

Phone

6179452783

Tax Period

2024-01-01 to 2024-12-31

GLOBAL INNOVATION MANAGEMENT INSTITUTE INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $766K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $304K, a strong 40% operating margin.

Mission

THE ORGANIZATIONS MISSION IS TO LEAD THE INNOVATION AND INNOVATION MANAGEMENT PROFESSION GLOBALLY BY SPREADING AND INCREASING THE ADOPTION OF INNOVATION STANDARDS AND BEST PRACTICES IN INNOVATION

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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 $0

Program Service Revenue $765,990

Investment Income $0

Other Revenue $0

TOTAL REVENUE $765,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $462,197

TOTAL EXPENSES $462,197

Year-over-Year Comparison

	2024	2023	Change
Revenue	$765,990	$567,542	+0.3%
Expenses	$462,197	$543,443	-0.1%
Net Income	$303,793	$24,099	+11.6%

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

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
HITENDRA PATEL	PRESIDENT	10.00	Officer	$0	$0	$0
RONALD JONAS	DIRECTOR	10.00	Director	$0	$0	$0
MILAGROS MASINI	TREASURER	1.00	Officer	$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	No data	No data	No data	No data
2024	$765,990	$462,197	$451,993	$303,793
2023	$567,542	$543,443	$229,148	$24,099
2022	$310,375	$348,484	$216,255	$-38,109
2021	$276,594	$214,633	$259,712	$61,961
2019	$350,079	$239,400	$275,184	$110,679
2018	$386,246	$263,121	$158,505	$123,125

GLOBAL INNOVATION MANAGEMENT INSTITUTE INC