Gertrude Wood Community Foundation

EIN: 432099497 501(c)(3) Community Improvement

Columbus, OH

Total Revenue
$499,224
Total Expenses
$160,175
Total Assets
$527,782
Net Assets
$525,782
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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
2006
Legal Domicile
OH
Phone
6142527456
Tax Period
2024-01-01 to 2024-12-31

Gertrude Wood Community Foundation, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $499K in total revenue in fiscal year 2024. Revenue surged 194% from the prior year, signaling strong growth momentum. The organization ran a surplus of $339K, a strong 68% operating margin.

Mission

To promote family stability through education.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $499,224
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $499,224

Expense Breakdown

Grants Paid $0
Salaries & Benefits $102,502
Fundraising Expenses $0
Program Expenses $42,474
Other Expenses $57,673
TOTAL EXPENSES $160,175

Year-over-Year Comparison

2024 2023 Change
Revenue $499,224 $169,659 +1.9%
Expenses $160,175 $159,383 +0.0%
Net Income $339,049 $10,276 +32.0%
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

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Governance

Voting Members
19
Independent Members
19
Employees
3
Volunteers
15

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
4
$0
Total Directors
8
$0
Key Employees
3
$101,322
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mashelle Y Williams-Gladney Affordable Housing Director 40.00
Key Emp
$45,006 $0 $45,006
Michael Aaron Board Member 1.00
Director
$0 $0 $0
Kysten Palmore Assistant Secretary 1.00
Officer
$0 $0 $0
Pastor Daivd Williams Vice-President 1.00
Officer
$0 $0 $0
Jennifer Jordan Director 40.00
Key Emp
$44,381 $0 $44,381
Pastor Julianne Smeck Board Member 1.00
Officer
$0 $0 $0
Marleise Ryan Board Member 1.00
Director
$0 $0 $0
Michele Thrower Shank Board Member 1.00
Director
$0 $0 $0
Daphne Derden Secretary 1.00
Officer
$0 $0 $0
Paula Palmer Board Member 1.00
Director
$0 $0 $0
Arnika Edwards Board Member 1.00
Director
$0 $0 $0
Bernice Brown-Collins Office Manager 20.00
Key Emp
$11,935 $0 $11,935
Tara Walker Program Coordinator 1.00
Director
$0 $0 $0
Rev Derrick Holmes President 1.00
Director
$0 $0 $0
Ranesha Springer Board Member 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 $499,224 $160,175 $527,782 $339,049
2023 $169,659 $159,383 $188,733 $10,276
2022 $154,477 $175,775 $178,457 $-21,298
2021 $51,154 $227,428 $181,252 $-176,274
2020 $401,657 $117,382 $666,146 $284,275
2019 $133,030 $106,923 $463,476 $26,107
2018 $266,399 $131,548 $285,225 $134,851
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