GLOBAL NOMADS GROUP INC

EIN: 752750127 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$933,357
Total Expenses
$1,720,678
Total Assets
$761,954
Net Assets
$613,781
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
TX
Principal Officer
COURTNEY WELSH
Phone
2125290377
Tax Period
2024-07-01 to 2025-06-30

GLOBAL NOMADS GROUP INC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $933K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 84% operating deficit.

Mission

WE UNITE GLOBAL YOUTH IN EXPERIENCES THAT PROVIDE THE CONNECTION, SKILL-BUILDING, AND SUPPORT THEY NEED TO CREATE A BETTER WORLD FOR US ALL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $901,153
Program Service Revenue $31,888
Investment Income $0
Other Revenue $316
TOTAL REVENUE $933,357

Expense Breakdown

Grants Paid $0
Salaries & Benefits $990,385
Fundraising Expenses $70,492
Program Expenses $1,132,937
Other Expenses $730,293
TOTAL EXPENSES $1,720,678

Year-over-Year Comparison

2024 2023 Change
Revenue $933,357 $3,397,693 -0.7%
Expenses $1,720,678 $1,874,676 -0.1%
Net Income $-787,321 $1,523,017 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
9

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
2
$236,314
Total Directors
7
$0
Key Employees
1
$205,781
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW TEDESCO CHAIRPERSON 1.00
Officer Director
$0 $0 $0
ELIZABETH ARSHALUIS CAZAZIAN DIRECTOR 1.00
Director
$0 $0 $0
CINDY CHASTAIN DIRECTOR 1.00
Director
$0 $0 $0
DIANA KILUTA AMOA DIRECTOR 1.00
Director
$0 $0 $0
MILA PETROVA DIRECTOR 1.00
Director
$0 $0 $0
SCOTT HEFTER DIRECTOR 1.00
Director
$0 $0 $0
ZAINAB WADOOD DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY WELSH CHIEF EXECUTIVE OFFICER 40.00
Officer
$184,881 $51,433 $236,314
SANDRA STEIN CHIEF OF PROGRAMS & LEARNING 40.00
Key Emp
$173,483 $32,298 $205,781
ELIZABETH KNOWLES CHIEF OPERATING OFFICER 40.00
Highest
$112,748 $49,306 $162,054
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 $933,357 $1,720,678 $761,954 $-787,321
2024 No data No data No data No data
2023 $2,140,067 $2,118,529 $515,923 $21,538
2022 $2,171,216 $2,158,474 $454,914 $12,742
2021 $946,623 $2,191,696 $669,801 $-1,245,073
2020 $2,739,940 $2,150,396 $1,158,435 $589,544
2019 $2,053,416 $2,034,309 $397,934 $19,107
2018 $2,325,497 $2,305,135 $341,084 $20,362
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GLOBAL NOMADS GROUP INC with other nonprofits in New York and across the country.