Global Solidarity Fund (EIN 831078006) - 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

2018

Legal Domicile

Principal Officer

PATRICK MCGRORY

Phone

8008364620

Tax Period

2024-01-01 to 2024-12-31

Global Solidarity Fund, founded in 2018, is a micro nonprofit in the International Affairs sector that reported $69K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 5391% operating deficit.

Mission

A TRANSFORMED WORLD IN WHICH ALL PEOPLE FLOURISH, WITH ACCESS TO SOCIAL AND ECONOMIC OPPORTUNITY AND A HEALTHY LIFE, WITH THEIR ESSENTIAL HUMAN DIGNITY FULLY RESPECTED.

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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 $63,421

Program Service Revenue $0

Investment Income $0

Other Revenue $5,486

TOTAL REVENUE $68,907

Expense Breakdown

Grants Paid $2,780,512

Salaries & Benefits $502,677

Fundraising Expenses $70,000

Program Expenses $3,344,797

Other Expenses $430,670

TOTAL EXPENSES $3,783,859

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,907	$413,249	-0.8%
Expenses	$3,783,859	$2,821,011	+0.3%
Net Income	$-3,714,952	$-2,407,762	+0.5%

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

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

$49,959

Total Directors

$49,959

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK W MCGRORY	PRESIDENT & DIRECTOR	40.0	Officer Director	$49,959	$0	$49,959
SUSAN M HUBER	CHAIR & DIR. (RESIGNED 2024)	1.0	Officer Director	$0	$0	$0
JOANNE DRIELS	SECRETARY (RESIGNED 2024)	1.0	Officer Director	$0	$0	$0
TIMOTHY WELSH	TRES. & DIR. (RESIGNED 2024)	1.0	Officer Director	$0	$0	$0
ANTHONY R TERSIGNI	DIRECTOR (RESIGNED 2024)	1.0	Director	$0	$0	$0
SR JANE WAKAHIU	DIRECTOR (RESIGNED 2024)	1.0	Director	$0	$0	$0
KERRY MEDEK	DIRECTOR (RESIGNED 2024)	1.0	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
2024	$68,907	$3,783,859	$550,289	$-3,714,952
2023	$413,249	$2,821,011	$4,659,216	$-2,407,762
2022	$3,912,854	$7,588,334	$8,261,148	$-3,675,480
2021	$12,623,709	$3,916,372	$12,951,115	$8,707,337
2020	$4,519,997	$6,605,299	$5,045,536	$-2,085,302
2019	$1,581,739	$1,042,252	$4,807,167	$539,487

Global Solidarity Fund