GLENDALE MANAGEMENT ASSOCIATION

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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

Phone

8189378326

Tax Period

2025-01-01 to 2025-12-31

GLENDALE MANAGEMENT ASSOCIATION is a small nonprofit that reported $168K in total revenue in fiscal year 2025. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 60% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO IMPROVE THE TERMS AND CONDITIONS OF EMPLOYMENT FOR THE MEMBERS OF THE ASSOCIATION. THE ASSOCIATION WILL ACT INDEPENDENTLY TO SUPPORT ISSUES, PROGRAMS, AND PROJECTS OF INTEREST TO MANAGEMENT, AND TO NEGOTIATE A COLLECTIVE BARGAINING AGREEMENT WITH THE CITY OF GLENDALE ON BEHALF OF MANAGERS ELIGIBLE FOR MEMBERSHIP IN THIS ASSOCIATION.IN FURTHERANCE OF THE ORGANIZATION'S GOAL TO IMPROVE THE TERMS AND CONDITIONS OF EMPLOYMENT WITHIN THE CITY OF GLENDALE, THIS ORGANIZATION WILL PROVIDE SUPPORT FOR CHARITABLE AND SOCIAL BENEFIT ACTIVITIES. ANY ORGANIZATIONS RECEIVING ASSISTANCE FROM THE ASSOCIATION SHALL PROVIDE DIRECT BENEFIT TO RESIDENTS AND/OR BUSINESSES IN THE CITY OF GLENDALE.

Program Service Accomplishments

Program 1

MEETINGS WITH CITY OF GLENDALE LEADERS TO DISCUSS IMPROVING THE TERMS AND CONDITIONS OF EMPLOYMENT FOR MEMBERS OF THE ASSOCIATION. SUPPORT OF ISSUES, PROGRAMS AND PROJECTS OF INTEREST TO MANAGEMENT EMPLOYEES OF THE CITY OF GLENDALE. SUPPORT OF CITY OFFICIALS WHO ADVOCATE PROGRAMS AND PROJECTS WHICH ARE OF INTEREST TO THE MANAGEMENT EMPLOYEES OF THE CITY OF GLENDALE.

Program 2

SUPPORT FOR CHARITABLE AND SOCIAL BENEFIT ACTIVITIES WITHIN THE COMMUNITY.

Program 3

SOCIAL EVENTS CONDUCTED FOR AND PROMOTIONAL MATERIAL PROVIDED TO MEMBERS OF THE ASSOCIATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $108,007

Investment Income $59,716

Other Revenue $0

TOTAL REVENUE $167,723

Expense Breakdown

Grants Paid $20,790

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $45,661

TOTAL EXPENSES $66,451

Year-over-Year Comparison

	2025	2024	Change
Revenue	$167,723	$115,208	+0.5%
Expenses	$66,451	$68,136	0.0%
Net Income	$101,272	$47,072	+1.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER ROBINSON	President	4.00	Director	$0	$0	$0
NICOLE DE LA MORA	Vice President	4.00	Director	$0	$0	$0
SIPAN ZADORYAN	Treasurer	3.00	Director	$0	$0	$0
VLAD SOGHOMONYAN	Secretary	2.00	Director	$0	$0	$0
ANDREW GANO	Director	2.00	Director	$0	$0	$0
TONY HACOPIAN	Director	2.00	Director	$0	$0	$0
ARAM ADJEMIAN	Treasurer	3.00	Director	$0	$0	$0
COURTNEY MAGLIO	Director	2.00	Director	$0	$0	$0
ALICE HAMRAJBAIAN	Director	2.00	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
2025	$167,723	$66,451	$615,036	$101,272
2024	$115,208	$68,136	$513,764	$47,072
2023	$105,066	$40,133	$466,692	$64,933
2022	$-11,530	$51,305	$401,759	$-62,835
2020	$45,232	$37,673	$398,675	$7,559