GIRLS LEADERSHIP ACADEMY OF WILMINGTON FOUNDATION (EIN 463293461) - 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

KATE GROAT

Phone

9103385258

Tax Period

2023-07-01 to 2024-06-30

GIRLS LEADERSHIP ACADEMY OF WILMINGTON FOUNDATION, founded in 2013, is a community nonprofit in the Education sector that reported $7.3M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $7.0M left a modest 4% surplus.

Mission

SUPPORTING YOUNG WOMEN TO EMBRACE THE HIGHEST LEVELS OF PERSONAL AND ACADEMIC ACHIEVEMENT AND TO TAKE RESPONSIBILITY FOR THEIR LIVES.

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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 $6,349,811

Program Service Revenue $467,581

Investment Income $64,243

Other Revenue $414,944

TOTAL REVENUE $7,296,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,038,321

Fundraising Expenses $0

Program Expenses $4,917,595

Other Expenses $2,000,221

TOTAL EXPENSES $7,038,542

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,296,579	$5,598,812	+0.3%
Expenses	$7,038,542	$6,123,492	+0.1%
Net Income	$258,037	$-524,680	-1.5%

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

125

Volunteers

300

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATE GROAT	CHAIR	1.00	Officer Director	$0	$0	$0
OLIVER EARNEY	TREASURER	1.00	Officer Director	$0	$0	$0
AMANDA LUKE	DIRECTOR	1.00	Director	$0	$0	$0
EVIE NICKLAS	DIRECTOR	1.00	Director	$0	$0	$0
GILBERT DEMEZA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SARA IZAD	SECRETARY	1.00	Officer Director	$0	$0	$0
KATE TAYLOE	PRINCIPAL	40.00	Highest	$117,183	$0	$117,183

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
2025	No data	No data	No data	No data
2024	$7,296,579	$7,038,542	$13,430,236	$258,037
2023	$5,598,812	$6,123,492	$13,095,714	$-524,680
2022	$5,647,915	$6,088,037	$13,942,870	$-440,122
2021	$5,357,701	$3,984,748	$2,964,621	$1,372,953
2020	$3,308,453	$3,350,216	$1,575,405	$-41,763
2020	$3,316,737	$3,358,500	$1,575,405	$-41,763
2019	$3,414,102	$2,767,919	$1,178,130	$646,183
2018	$2,306,058	$1,899,416	$537,338	$406,642

GIRLS LEADERSHIP ACADEMY OF WILMINGTON FOUNDATION