GLASSYBABY WHITE LIGHT FUND

EIN: 472335650 501(c)(3)

SEATTLE, WA

Total Revenue
$1,479,450
Total Expenses
$1,625,448
Total Assets
$3,905
Net Assets
$3,905
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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
2014
Legal Domicile
WA
Principal Officer
DAVID ROBINSON
Phone
2065189060
Tax Period
2018-01-01 to 2018-12-31

GLASSYBABY WHITE LIGHT FUND, founded in 2014, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2018. Revenue decreased 9% compared to the prior year.

Mission

PROVIDE FINANCIAL AND EMOTIONAL ASSISTANCE TO THOSE IN NEED IN ORDER TO PROMOTE HOPE AND HEALING.

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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 (2018)

Revenue Breakdown

Contributions & Grants $1,479,450
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,479,450

Expense Breakdown

Grants Paid $1,613,450
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,613,450
Other Expenses $11,998
TOTAL EXPENSES $1,625,448

Year-over-Year Comparison

2018 2017 Change
Revenue $1,479,450 $1,630,347 -0.1%
Expenses $1,625,448 $1,924,016 -0.2%
Net Income $-145,998 $-293,669 -0.5%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE RHODES PRESIDENT 0.40
Officer Director
$0 $0 $0
ELIZA CUMMINGS VICE PRESIDENT 0.40
Officer Director
$0 $0 $0
PEGGY VANCE DIRECTOR 0.40
Director
$0 $0 $0
DAVID ROBINSON EXECUTIVE DIRECTOR 5.00
Officer
$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
2018 $1,479,450 $1,625,448 $3,905 $-145,998
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