Globalization & Localization Association Inc (EIN 753051249) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Phone

2064944686

Tax Period

2024-01-01 to 2024-12-31

Globalization & Localization Association Inc, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 10% surplus.

Mission

Trade association for the language industry (translation, localization, interpreting, etc.). Key activities include training, publications, market awareness, and a platform for member collaboration

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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 $0

Program Service Revenue $1,302,940

Investment Income $290

Other Revenue $0

TOTAL REVENUE $1,303,230

Expense Breakdown

Grants Paid $0

Salaries & Benefits $396,194

Fundraising Expenses $0

Program Expenses $1,034,054

Other Expenses $778,563

TOTAL EXPENSES $1,174,757

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,303,230	$1,244,461	+0.0%
Expenses	$1,174,757	$1,081,719	+0.1%
Net Income	$128,473	$162,742	-0.2%

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

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
Jose Palomares	Director	1.00	Director	$0	$0	$0
Shirley Yeng	Chief Strategy Officer	1.00	Director	$0	$0	$0
Britta Aagaard	Chief Business Officer	1.00	Officer Director	$0	$0	$0
Edith Bendermacher	Director	1.00	Director	$0	$0	$0
Dave Ruane	Digital Content & Partners	1.00	Officer Director	$0	$0	$0
Johan Sporre	Engineering Manager Digital Global Language Servic	1.00	Director	$0	$0	$0
Paulo Guimaraes	Managing Director of Inside Language Solutions	1.00	Director	$0	$0	$0
Allison Ferch	Executive Director	40.00	Highest	$125,754	$0	$125,754

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	$1,303,230	$1,174,757	$826,533	$128,473
2023	$1,244,461	$1,081,719	$720,318	$162,742
2022	$885,245	$998,705	$633,556	$-113,460
2021	$805,379	$606,736	$716,009	$198,643
2020	$653,500	$744,202	$566,588	$-90,702
2019	$1,088,781	$1,085,042	$431,687	$3,739
2018	$877,529	$870,906	$416,605	$6,623

Globalization & Localization Association Inc