Glam4Good Foundation (EIN 462284247) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

Mary Alice Stephenson

Phone

9178255962

Tax Period

2024-01-01 to 2024-12-31

Glam4Good Foundation, founded in 2013, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 51% operating margin.

Mission

GLAM4GOOD is a leading nonprofit that repurposes unused merchandise to address clothing & self-care insecurity in America. GLAM4GOOD bolsters self-esteem & empowers dignity while diverting industry excess to create opportunities for people in need.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,872,621

Program Service Revenue $0

Investment Income $127

Other Revenue $0

TOTAL REVENUE $3,872,748

Expense Breakdown

Grants Paid $1,173,026

Salaries & Benefits $300,817

Fundraising Expenses $2,469

Program Expenses $1,321,414

Other Expenses $407,181

TOTAL EXPENSES $1,881,024

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,872,748	$1,969,527	+1.0%
Expenses	$1,881,024	$1,237,929	+0.5%
Net Income	$1,991,724	$731,598	+1.7%

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

395

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

$293,980

Total Directors

$293,980

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
M Morgan Kelly	COO	40.00	Officer Director	$125,000	$0	$125,000
Mary Alice Stephenson	President & CEO	20.00	Officer Director	$100,000	$0	$100,000
Jason Felton	Event & In-Kind	16.00	Officer Director	$38,500	$0	$38,500
Nina Kulmala	Treasurer	10.00	Officer Director	$30,480	$0	$30,480
Nneya Richards	Trustee	1.00	Director	$0	$0	$0
Karen Williams	Trustee	0.50	Director	$0	$0	$0
Adam Glassman	Trustee	0.50	Director	$0	$0	$0
Blythe Harris	Trustee	0.50	Director	$0	$0	$0
Dee Hilfiger	Trustee	0.50	Director	$0	$0	$0
Stacy London	Trustee	0.50	Director	$0	$0	$0
Helena D'Angelo	Trustee	1.00	Director	$0	$0	$0
Erica Roseman	Trustee	0.50	Director	$0	$0	$0
Rob Schuham	Trustee	0.50	Director	$0	$0	$0
Tracy Walker Smith	Trustee	0.50	Director	$0	$0	$0
Stephanie Wilson	Trustee	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	$3,872,748	$1,881,024	$4,642,565	$1,991,724
2023	$1,078,972	$1,316,773	$2,644,436	$-237,801
2022	$5,306,014	$4,395,518	$2,021,669	$910,496
2021	$1,654,561	$1,315,848	$1,116,727	$338,713
2020	$4,362,725	$4,075,393	$1,275,729	$287,332
2019	$2,023,787	$2,024,928	$230,231	$-1,141
2018	$1,417,389	$1,323,683	$772,589	$93,706

Glam4Good Foundation