GREAT LAKES BIOMIMICRY INC

EIN: 461868575 501(c)(3) Community Improvement

BROOK PARK, OH

Total Revenue
$111,988
Total Expenses
$157,436
Total Assets
$170,786
Net Assets
$59,586
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
OH
Principal Officer
THOMAS N TYRRELL
Phone
2162331694
Tax Period
2020-01-01 to 2020-12-31

GREAT LAKES BIOMIMICRY INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $112K in total revenue in fiscal year 2020. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $157K exceeded revenue, resulting in a 41% operating deficit.

Mission

CREATING THE CONDITIONS FOR INNOVATION INSPIRED BY NATURE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $11,490
Program Service Revenue $99,937
Investment Income $69
Other Revenue $492
TOTAL REVENUE $111,988

Expense Breakdown

Grants Paid $0
Salaries & Benefits $94,104
Fundraising Expenses $0
Program Expenses $104,320
Other Expenses $63,332
TOTAL EXPENSES $157,436

Year-over-Year Comparison

2020 2019 Change
Revenue $111,988 $227,258 -0.5%
Expenses $157,436 $230,400 -0.3%
Net Income $-45,448 $-3,142 +13.5%
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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
3

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
6
$94,104
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS N TYRRELL CHAIRMAN 2.00
Officer Director
$0 $0 $0
DONALD P KNECHTGES TREASURER 2.00
Officer Director
$0 $0 $0
EMILY FARINACCI SECRETARY 1.00
Officer Director
$0 $0 $0
ALI DHINOJWALA TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINE FOWLER-MACK TRUSTEE 1.00
Director
$0 $0 $0
DOUG PIEKARZ TRUSTEE 1.00
Director
$0 $0 $0
FRAN BUCHOLZER TRUSTEE 1.00
Director
$0 $0 $0
JOHN NOTTINGHAM TRUSTEE 1.00
Director
$0 $0 $0
KAREN ALLPORT TRUSTEE 1.00
Director
$0 $0 $0
KATE FAUST TRUSTEE 1.00
Director
$0 $0 $0
ROBERT GRAY TRUSTEE 1.00
Director
$0 $0 $0
SALVATORE J MIRAGLIA JR TRUSTEE 1.00
Director
$0 $0 $0
TOM CHEMA TRUSTEE 1.00
Director
$0 $0 $0
VEN OCHAYA TRUSTEE 1.00
Director
$0 $0 $0
TRISHA BROWN DIRECTOR 30.00
Officer
$42,675 $0 $42,675
CHRISTINE HOCKMAN DIRECTOR 20.00
Officer
$30,400 $0 $30,400
CAROL THALER DIRECTOR 15.00
Officer
$21,029 $0 $21,029
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
2020 $111,988 $157,436 $170,786 $-45,448
2019 $227,258 $230,400 $105,034 $-3,142
2018 $223,085 $240,235 $99,676 $-17,150
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GREAT LAKES BIOMIMICRY INC with other nonprofits in Ohio and across the country.