GATHR FOUNDATION C/O SCOTT GLOSSER… - Form 990 Financial Data

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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

2015

Legal Domicile

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

OUR MISSION IS TO ENSURE THAT CRITICAL STORIES REACH UNDERSERVED COMMUNITIES, FOSTERING EMPATHY AND INSPIRING MEANINGFUL ACTION.

Program Service Accomplishments

Program 1

Expenses: $343,647 Revenue: $365,229

THERE WAS ONE LARGE PROGRAM SERVICE EXPENSE IN 2024 AND THAT WAS RELATED TO THE PREMIERE OF THE FILM CITY OF DREAMS. THE FILM IS ABOUT A YOUNG BOY WHO LEAVES MEXICO TO PURSUE HIS DREAMS IN CA. FUNDS RAISED ENABLED SCREENINGS AT 112 LOCATIONS, TOTALING 160 SHOWINGS AND REACHING 6,877 ATTENDEES. THIS INITIATIVE MADE THE FILM ACCESSIBLE TO AUDIENCES WHO MAY OTHERWISE NOT HAVE HAD THE FINANCIAL MEANS TO EXPERIENCE IT.

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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 $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

Governance

Voting Members

Independent Members

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

$23,000

Total Directors

Key Employees

Highest Compensated

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

GATHR FOUNDATION C/O SCOTT GLOSSERMAN