GULF COAST GEOLOGICAL LIBRARY INC

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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

2024

Legal Domicile

Principal Officer

BEN MCCARTHY

Phone

2818365356

Tax Period

2024-10-01 to 2025-09-30

GULF COAST GEOLOGICAL LIBRARY INC, founded in 2024, is a small nonprofit in the Education sector that reported $273K in total revenue in fiscal year 2024. Revenue surged 212% from the prior year, signaling strong growth momentum. Expenses of $256K left a modest 6% surplus.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR

Program Service Accomplishments

Program 1

Expenses: $3,443 Revenue: $16,881

COLLECTION, ORGANIZATION, PRESERVATION AND PROVISION OF HISTORICAL AND CONTEMPORARY GEOLOGICAL, GEOPHYSICAL AND PETROLEUM ENGINEERING DATA AND OTHER REFERENCE MATERIALS AND TECHNOLOGICAL RESOURCES...

COLLECTION, ORGANIZATION, PRESERVATION AND PROVISION OF HISTORICAL AND CONTEMPORARY GEOLOGICAL, GEOPHYSICAL AND PETROLEUM ENGINEERING DATA AND OTHER REFERENCE MATERIALS AND TECHNOLOGICAL RESOURCES AND MADE SUCH INFORMATION AVAILABLE TO THE PUBLIC.

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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 $256,425

Program Service Revenue $7,425

Investment Income $0

Other Revenue $9,456

TOTAL REVENUE $273,306

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,237

Fundraising Expenses $0

Program Expenses $3,443

Other Expenses $198,391

TOTAL EXPENSES $255,628

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,306	$87,732	+2.1%
Expenses	$255,628	$70,413	+2.6%
Net Income	$17,678	$17,319	+0.0%

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

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
BEN MCCARTHY	PRESIDENT	7.00	Officer Director	$0	$0	$0
BARRY RAVA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BILL BROWN	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVE WILMOTH	TREASURER	7.00	Officer Director	$0	$0	$0
JOHN GOSS	DIRECTOR	7.00	Director	$0	$0	$0
WALTER LIGHT	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN SMYTH	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	$273,306	$255,628	$44,554	$17,678
2024	$87,732	$70,413	$62,386	$17,319