THE GLOBE

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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

1953

Legal Domicile

Principal Officer

BISHOP R WALKER NICKLESS

Phone

7122557933

Tax Period

2023-07-01 to 2024-06-30

THE GLOBE, founded in 1953, is a small nonprofit that reported $256K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $328K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO ESTABLISH, MAINTAIN AND PUBLISH A RELIGIOUS NEWSPAPER AND PROVIDE ELECTRONIC COMMUNICATIONS FOR THE PURPOSE OF THE PROPAGATION OF THE CATHOLIC FAITH FOR THE PURPOSE OF SPREADING RELIGIOUS NEWS AND LITERATURE.

Program Service Accomplishments

Program 1

Expenses: $234,411 Revenue: $251,090

THE LUMEN PUBLISHED CATHOLIC NEWSPAPERS AND ELECTRONIC COMMUNICATIONS FOR THE PURPOSE OF SPREADING RELIGIOUS NEWS AND LITERATURE DURING THE FISCAL YEAR ENDED JUNE 30, 2024.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $248,922

Investment Income $5,134

Other Revenue $2,168

TOTAL REVENUE $256,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $149,907

Fundraising Expenses $0

Program Expenses $234,411

Other Expenses $178,279

TOTAL EXPENSES $328,186

Year-over-Year Comparison

	2023	2022	Change
Revenue	$256,224	$322,263	-0.2%
Expenses	$328,186	$403,573	-0.2%
Net Income	$-71,962	$-81,310	-0.1%

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
BISHOP R WALKER NICKLESS	PRESIDENT	1.00	Officer Director	$0	$0	$0
VERY REV MARK STOLL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAWN PROSSER	DIRECTOR	1.00	Director	$0	$0	$0
VERY REV DAVID ESQUILIANO	DIRECTOR	1.00	Director	$0	$0	$0
HECTOR MORA	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIE VERMULM-MCMANAMY	DIRECTOR	1.00	Director	$0	$0	$0
REV PAUL J KELLY	DIRECTOR	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
2024	$256,224	$328,186	No data	$-71,962
2023	$322,263	$403,573	$883,598	$-81,310
2022	$433,371	$397,211	$930,209	$36,160
2021	$375,646	$409,393	$1,016,393	$-33,747
2020	$449,020	$507,641	$856,067	$-58,621