INTERNATIONAL GAY & LESBIAN TRAVEL ASSOCIATION FOUNDATION INC (EIN 451437628) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

JOHN TANZELLA

Phone

9546301637

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL GAY & LESBIAN TRAVEL ASSOCIATION FOUNDATION INC, founded in 2011, is a small nonprofit in the Education sector that reported $351K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $334K left a modest 5% surplus.

Mission

THE IGLTA FOUNDATION IS THE PHILANTHROPIC ORGANIZATION OF THE INTERNATIONAL GAY & LESBIAN TRAVEL ASSOCIATION, THE LEADING MEMBER-BASED ORGANIZATION DEDICATED TO LGBTQ+ TOURISM. IGLTA FOUNDATION'S MISSION IS EMPOWERING LGBTQ+ WELCOMING TRAVEL BUSINESSES GLOBALLY THROUGH LEADERSHIP, RESEARCH, AND EDUCATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $351,119

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $351,119

Expense Breakdown

Grants Paid $3,050

Salaries & Benefits $128,194

Fundraising Expenses $155,323

Program Expenses $59,016

Other Expenses $202,701

TOTAL EXPENSES $333,945

Year-over-Year Comparison

	2023	2022	Change
Revenue	$351,119	$228,899	+0.5%
Expenses	$333,945	$194,832	+0.7%
Net Income	$17,174	$34,067	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$263,672

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGAL MCKENZIE	CHAIR	1.00	Officer Director	$0	$0	$0
MEG TEN EYCK	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOSH GOOD	CO-TREASURER	1.00	Officer Director	$0	$0	$0
NORMA DEAN	CO-TREASURER	1.00	Officer Director	$0	$0	$0
BURCU KISAKUREK	SECRETARY	1.00	Officer Director	$0	$0	$0
FELIPE CARDENAS	IMMEDIATE PA	1.00	Officer Director	$0	$0	$0
MARIA CUBA	BOARD MEMBER	1.00	Director	$0	$0	$0
SEAN HOWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENN STRESS	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY MARTIN-ZIEGENFUSS	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL RICHARDS	BOARD MEMBER	1.00	Director	$0	$0	$0
ALBERT HERRERA	BOARD MEMBER	1.00	Director	$0	$0	$0
ORIOL PAMIES	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTONIETTA VARLESE	BOARD MEMBER	1.00	Director	$0	$0	$0
SANGEETA NAIK	BOARD MEMBER	1.00	Director	$0	$0	$0
SHIHO IKEUCHI	BOARD MEMBER	1.00	Director	$0	$0	$0
FRED DIXON	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN TANZELLA	PRESIDENT &	20.00	Officer	$0	$13,478	$263,672

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	No data	No data	No data
2023	$351,119	$333,945	$256,093	$17,174
2022	$228,899	$194,832	$236,838	$34,067
2021	$143,362	$98,393	$205,615	$44,969
2020	$132,204	$51,902	$158,937	$80,302
2019	$139,831	$119,435	$87,385	$20,396

INTERNATIONAL GAY & LESBIAN TRAVEL ASSOCIATION FOUNDATION INC