GCT IMPACT CORP (EIN 822350159) - 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

2017

Legal Domicile

Principal Officer

MATTHEW HARRIGAN

Phone

2127080800

Tax Period

2022-01-01 to 2022-12-31

GCT IMPACT CORP, founded in 2017, is a micro nonprofit that reported $1K in total revenue in fiscal year 2022. Revenue surged 96% from the prior year, signaling strong growth momentum. Expenses of $20K exceeded revenue, resulting in a 1326% operating deficit.

Mission

THE MISSION OF GCT IMPACT CORP ("GCT IMPACT") IS TO SUPPORT THE DEVELOPMENT OF AN INCLUSIVE, DIVERSE, AND SUSTAINABLE TECHNOLOGY AND ENTREPRENEURSHIP ECOSYSTEM BY PROVIDING EDUCATIONAL PROGRAMMING, INTERNSHIPS AND TRAINING PROGRAMS TO THE STARTUP COMMUNITY. GCT IMPACT WILL CREATE PROGRAMMING AND PATHWAYS FOR UNDERREPRESENTED COMMUNITIES TO ACCESS THE TECHNOLOGY INDUSTRY BY LEVERAGING OPPORTUNITIES FOR SCALABLE SOCIAL IMPACT. GCT IMPACT WILL ALSO TRAIN FOUNDERS FROM THE TECHNOLOGY STARTUP COMMUNITY ON BUILDING VALUES-BASED COMPANIES WITH DIVERSITY AND INCLUSION AT THEIR CORE. GCT IMPACT PLANS TO SOLICIT AND RECEIVE FUNDS FROM INDIVIDUALS, FOUNDATIONS AND PUBLIC CHARITIES SO THAT IT WILL QUALIFY AS A PUBLIC CHARITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,410

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,410

Expense Breakdown

Grants Paid $16,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,800

Other Expenses $3,313

TOTAL EXPENSES $20,113

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,410	$720	+1.0%
Expenses	$20,113	$3,040	+5.6%
Net Income	$-18,703	$-2,320	+7.1%

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

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
MATTHEW HARRIGAN	CHAIRMAN	5.00	Director	$0	$0	$0
NELSON SCHUBART	TREASURER	10.00	Director	$0	$0	$0
LINDSAY SIEGEL	PRESIDENT	15.00	Director	$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
2022	$1,410	$20,113	No data	$-18,703
2021	$720	$3,040	$18,703	$-2,320
2020	No data	$9,628	$21,023	No data
2019	No data	$49,175	$34,506	No data
2018	$95,000	$15,174	$79,826	$79,826

GCT IMPACT CORP