Galvanize Foundation

EIN: 811339298 501(c)(3)

Boulder, CO

Total Revenue
$238,814
Total Expenses
$190,504
Total Assets
$208,950
Net Assets
$123,545
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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
2016
Legal Domicile
CO
Principal Officer
Jaime Matyas
Phone
4159442336
Tax Period
2022-07-01 to 2023-06-30

Galvanize Foundation, founded in 2016, is a small nonprofit that reported $239K in total revenue in fiscal year 2022. The organization ran a surplus of $48K, a strong 20% operating margin.

Mission

The foundation develops and administers scholarship programs with mission-aligned partners to help students pay for the skills training they need to enter technology workforce.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $238,814
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $238,814

Expense Breakdown

Grants Paid $189,868
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $189,868
Other Expenses $636
TOTAL EXPENSES $190,504

Year-over-Year Comparison

2022 2021 Change
Revenue $238,814 N/A N/A
Expenses $190,504 $284 +669.8%
Net Income $48,310 $-284 -171.1%
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

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Todd Goldthwaite Director 001.00
Director
$0 $0 $0
Christopher Barnett Secretary 001.00
Officer Director
$0 $0 $0
Evelyn Parker Director 001.00
Director
$0 $0 $0
Kristi Davis Director 001.00
Director
$0 $0 $0
Hailey Balestra Foster Director 001.00
Director
$0 $0 $0
Jaime Matyas President 001.00
Officer
$0 $0 $0
Craig Gross Treasurer 001.00
Officer
$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
2023 $238,814 $190,504 $208,950 $48,310
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