CGLR FOUNDATION (EIN 824736237) - 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

LORA SHRAKE

Phone

7739001370

Tax Period

2024-04-01 to 2025-03-31

CGLR FOUNDATION, founded in 2017, is a small nonprofit in the Human Services sector that reported $909K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $1.5M exceeded revenue, resulting in a 70% operating deficit.

Mission

THE CGLR FOUNDATION BRINGS TOGETHER GREAT LAKES LEADERS FROM GOVERNMENT, BUSINESS, ACADEMIA, AND THE NONPROFIT SECTOR TOGETHER TO FIND NEW WAYS OF HARNESSING THE REGION'S ECONOMIC STRENGTHS, IMPROVING THE WELL-BEING OF THE REGION'S CITIZENS, AND PROTECTING THE ENVIRONMENT FOR FUTURE GENERATIONS THROUGH EDUCATIONAL EVENTS, PUBLIC POLICY RESEARCH AND PROGRAMS, AND AWARENESS BUILDING ACTIVITIES.

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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 $901,723

Program Service Revenue $6,825

Investment Income $0

Other Revenue $0

TOTAL REVENUE $908,548

Expense Breakdown

Grants Paid $333,699

Salaries & Benefits $386,772

Fundraising Expenses $0

Program Expenses $1,364,871

Other Expenses $827,152

TOTAL EXPENSES $1,547,623

Year-over-Year Comparison

	2024	2023	Change
Revenue	$908,548	$1,019,852	-0.1%
Expenses	$1,547,623	$907,291	+0.7%
Net Income	$-639,075	$112,561	-6.7%

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

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

$131,743

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN AMES	CHAIR	2.00	Officer Director	$0	$0	$0
MARIE HELENE SICARD	VICE CHAIR	2.00	Officer Director	$0	$0	$0
STEPHEN PETRAS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MATT MCCURDY	TREASURER	2.00	Officer Director	$0	$0	$0
PETER DRUMMOND	SECRETARY	2.00	Director	$0	$0	$0
LORA SHRAKE	CHIEF OPERATING OFFICER	40.00	Officer	$120,533	$11,210	$131,743

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	$908,548	$1,547,623	$1,005,541	$-639,075
2024	$1,019,852	$907,291	$1,695,975	$112,561
2023	$2,015,588	$727,753	$1,601,780	$1,287,835
2022	$197,171	$248,868	$156,902	$-51,697
2021	$209,190	$765	$226,882	$208,425

CGLR FOUNDATION