GATHR FOUNDATION C/O SCOTT GLOSSERMAN

EIN: 474157972 501(c)(3) Youth Development

IPSWICH, MA

Total Revenue
$374,056
Total Expenses
$372,028
Total Assets
$2,841
Net Assets
$2,841
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Principal Officer
SCOTT GLOSSERMAN
Phone
3109903454
Tax Period
2024-01-01 to 2024-12-31

GATHR FOUNDATION C/O SCOTT GLOSSERMAN, founded in 2015, is a small nonprofit in the Youth Development sector that reported $374K in total revenue in fiscal year 2024. Revenue surged 5983% from the prior year, signaling strong growth momentum.

Mission

NONPROFIT ORGANIZATION TO SUPPORT COMMUNITY THROUGH MISSION-DRIVEN EVENTS AND FUNDRAISING THROUGH FILM SCREENINGS AND DIGITAL GOODS. PURPOSE IS TO PROVIDE ABILITY FOR NONPROFITS TO RAISE AWARENESS AND FUNDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $8,827
Program Service Revenue $365,229
Investment Income $0
Other Revenue $0
TOTAL REVENUE $374,056

Expense Breakdown

Grants Paid $7,772
Salaries & Benefits $23,000
Fundraising Expenses $0
Program Expenses $343,647
Other Expenses $341,256
TOTAL EXPENSES $372,028

Year-over-Year Comparison

2024 2023 Change
Revenue $374,056 $6,149 +59.8%
Expenses $372,028 $7,770 +46.9%
Net Income $2,028 $-1,621 -2.3%
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
1
Independent Members
1
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
3
$23,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT GLOSSERMAN PRINCIPAL OFFICER 5.00
Officer
$23,000 $0 $23,000
CHRIS HORTON SECRETARY 5.00
Officer
$0 $0 $0
SANDRA MISSAKIAN TREASURER 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
2024 $374,056 $372,028 $2,841 $2,028
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