GLOBAL HEALTH CORPS 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

2009

Legal Domicile

Principal Officer

HEATHER ANDERSON

Phone

6467799737

Tax Period

2024-08-01 to 2025-07-31

GLOBAL HEALTH CORPS INC, founded in 2009, is a community nonprofit in the Health Care sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $3.1M left a modest 3% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO DEVELOP A STRONG AND DIVERSE NETWORK OF YOUNG CHANGEMAKERS TO TRANSFORM HEALTH SYSTEMS. THE ORGANIZATION ENVISIONS A WORLD WHERE EVERY PERSON LIVES A HEALTHY, DIGNIFIED LIFE.

Program Service Accomplishments

Program 1

Expenses: $1,285,234 Revenue: $70,850

FELLOWSHIP PROGRAM - FELLOWS IN THE PROGRAM ENGAGE IN GLOBAL HEALTH CORPS' AWARD-WINNING LEADERSHIP DEVELOPMENT CURRICULUM, WITH A FOCUS ON GENERATING INSIGHTS AND IMPROVEMENTS FOR REAL-TIME...

FELLOWSHIP PROGRAM - FELLOWS IN THE PROGRAM ENGAGE IN GLOBAL HEALTH CORPS' AWARD-WINNING LEADERSHIP DEVELOPMENT CURRICULUM, WITH A FOCUS ON GENERATING INSIGHTS AND IMPROVEMENTS FOR REAL-TIME APPLICATION IN THE WORKPLACE. THEY HONE THEIR CAPACITY AS EFFECTIVE LEADERS AND MANAGERS WHO CAN COLLABORATE WITH AND INFLUENCE OTHERS, BRINGING A GLOBAL PERSPECTIVE TO LOCAL CHALLENGES. FELLOWS ARE LOCATED IN MALAWI, RWANDA, UGANDA, THE UNITED STATES, AND ZAMBIA.

Program 2

Expenses: $774,739

ALUMNI PROGRAM - AFTER THE END OF THE FELLOWSHIP YEAR, ALUMNI CONTINUE TO ENGAGE IN GLOBAL HEALTH CORPS ACTIVITIES AND WORKSHOPS TO SUPPORT THEIR LEADERSHIP DEVELOPMENT AND PARTICIPATE IN REGULAR...

ALUMNI PROGRAM - AFTER THE END OF THE FELLOWSHIP YEAR, ALUMNI CONTINUE TO ENGAGE IN GLOBAL HEALTH CORPS ACTIVITIES AND WORKSHOPS TO SUPPORT THEIR LEADERSHIP DEVELOPMENT AND PARTICIPATE IN REGULAR CONVENINGS TO BUILD AND NETWORK WITHIN THE GLOBAL HEALTH COMMUNITY.

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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 $3,052,884

Program Service Revenue $70,850

Investment Income $100,819

Other Revenue $0

TOTAL REVENUE $3,224,553

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,132,880

Fundraising Expenses $402,261

Program Expenses $2,059,973

Other Expenses $979,357

TOTAL EXPENSES $3,112,237

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,224,553	$2,101,045	+0.5%
Expenses	$3,112,237	$4,203,365	-0.3%
Net Income	$112,316	$-2,102,320	-1.1%

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

$540,357

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA BUSH	DIRECTOR	0.50	Director	$0	$0	$0
JULIE BERNSTEIN	DIRECTOR	0.50	Director	$0	$0	$0
SANDRA MAPEMBA	DIRECTOR	0.50	Director	$0	$0	$0
CHARLOTTE MCCLAIN-NHLAPO	DIRECTOR	0.50	Director	$0	$0	$0
DOMINIC MCDONALD	DIRECTOR	0.50	Director	$0	$0	$0
JHALEN HERNANDEZ-ELI	DIRECTOR - EFF 3/2025	0.50	Director	$0	$0	$0
MONICA RICHTER	DIRECTOR	0.50	Director	$0	$0	$0
PAULY RODNEY	CHAIR	0.50	Director	$0	$0	$0
T ARTHUR CHIBWANA	DIRECTOR	0.50	Director	$0	$0	$0
YVETTE EFEVBERA	DIRECTOR	0.50	Director	$0	$0	$0
MARTHA MUKAMINEGA	DIRECTOR	0.50	Director	$0	$0	$0
HEATHER ANDERSON	CEO	50.00	Officer	$233,774	$8,530	$242,304
JOHN CAPE	CHIEF PROGRAM OFFICER	50.00	Officer	$128,918	$39,401	$168,319
REGINA MUTUKU	CHIEF OPERATING OFFICER	50.00	Officer	$127,292	$2,442	$129,734
HANNAH TAYLOR	SR. DIRECTOR COMMUNITY ENG	40.00	Highest	$109,487	$28,254	$137,741
BRITTANY CESARINI	SR. DIRECTOR OF DEVELOPMENT & COMM	40.00	Highest	$121,942	$40,703	$162,645

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	$3,224,553	$3,112,237	$3,806,356	$112,316
2024	$2,101,045	$4,203,365	$3,667,835	$-2,102,320
2023	$1,509,800	$5,249,639	$6,141,160	$-3,739,839
2022	$11,502,317	$4,794,045	$9,852,283	$6,708,272
2021	$3,157,047	$3,898,675	$3,350,366	$-741,628
2020	$2,504,394	$3,628,611	$3,908,259	$-1,124,217
2019	$5,280,170	$6,254,887	$5,016,440	$-974,717
2018	$6,459,220	$6,631,769	$6,073,181	$-172,549