GLENRIDGE CHILDRENS CENTER INC

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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

1982

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Mission

GCC WAS FORCED TO CLOSE DUE TO COVID-19. PREVIOUSLY, GCC PROVIDED RECREATIONAL AND TUTORIAL SERVICES FOR CHILDREN AGES 5 THOUGH 12. OUR SERVICES TOOK PLACE BEFORE AND AFTER SCHOOL HOURS. THE ORGANIZATION HAS BEEN DISSOLVED AND THIS IS THE FINAL TAX RETURN.

Program Service Accomplishments

Program 1

Expenses: $4,545

PREVIOUSLY - THE ORGANIZATION SUPPLIED BEFORE AND AFTER CARE FOR STUDENTS AT THE GLENRIDGE ELEMENTARY SCHOOL. THE PROGRAM WAS FORCED TO CLOSE WHEN COVID-19 ERUPTED IN THE SPRING OF 2020. THIS IS THE FINAL TAX RETURN. THE ORGANIZATION HAS CLOSED UP PROPERLY, PAID REMAINING DEBTS AND PROPERLY DISSOLVED AND DISTRIBUTED REMAINING ASSETS.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,545

Other Expenses $4,545

TOTAL EXPENSES $4,545

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$276	-1.0%
Expenses	$4,545	$7,951	-0.4%
Net Income	N/A	$-7,675	N/A

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	Role	Reportable Comp	Other Comp	Total
SHANNON CARROLL	BOARD MEMBER	Director	$0	$0	$0
BETH SCOTT	BOARD MEMBER	Director	$0	$0	$0
RYAN LUCKEY	PRESIDENT	Officer	$0	$0	$0
JOSH OLSON	TREASURER	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
2024	No data	$4,545	No data	No data
2023	$276	$7,951	$12,527	$-7,675
2022	$79	$5,527	$105,202	$-5,448
2021	$29,195	$30,511	$184,024	$-1,316
2020	$190,103	$212,690	$217,721	$-22,587
2019	$241,574	$199,583	$209,585	$41,991
2018	$227,674	$210,802	$168,982	$16,872