GLOBAL ECONOMIC DIVERSITY DEVELOPME

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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

2017

Legal Domicile

Tax Period

2021-01-01 to 2021-12-31

GLOBAL ECONOMIC DIVERSITY DEVELOPME, founded in 2017, is a small nonprofit in the Human Services sector that reported $497K in total revenue in fiscal year 2021. The organization ran a surplus of $131K, a strong 26% operating margin.

Mission

To build economic wealth for the black community through workforce opportunities, economic empowerment, supply chain opportunities, leadership and development and business acceleration.

Program Service Accomplishments

Program 1

Expenses: $238,638 Revenue: $497,154

To build economic wealth for the black community through workforce opportunities, economic empowerment, supply chain opportunities, leadership and development and business acceleration.

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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 (2021)

Revenue Breakdown

Contributions & Grants $497,154

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $497,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $160,785

Fundraising Expenses $0

Program Expenses $238,638

Other Expenses $205,353

TOTAL EXPENSES $366,138

Year-over-Year Comparison

	2021	2020	Change
Revenue	$497,154	N/A	N/A
Expenses	$366,138	N/A	N/A
Net Income	$131,016	N/A	N/A

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

N/A

Employees

N/A

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
Cordelia Donovan	Board Member	1.00	Director	$0	$0	$0
Nikki Lanier	Vice Chairman	1.00	Director	$0	$0	$0
Tawana Bain	Chairman	1.00	Officer Director	$0	$0	$0
Ellen Call	Board Member	1.00	Officer	$0	$0	$0
Jennifer Filipowski	Secretary	1.00	Officer	$0	$0	$0
Avery Anderson	Treasurer	1.00	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
2021	$497,154	$366,138	$244,368	$131,016