JOSHUA GLYNN MEMORIAL FOUNDATION INC (EIN 832420087) - 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

MATTHEW GLYNN

Phone

5087328933

Tax Period

2023-01-01 to 2023-12-31

JOSHUA GLYNN MEMORIAL FOUNDATION INC, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $88K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $110K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE ORGANIZATION SEEKS TO SHARE THE UNCONDITIONAL LOVE OF GOD, CONNECT PEOPLE THROUGH MUSIC, CARE FOR THE FORGOTTEN AND CELEBRATE THE GIFT OF LIFE THROUGH MUSIC-FOCUSED PROJECTS AND EVENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $74,507

Program Service Revenue $0

Investment Income $14,934

Other Revenue $-1,065

TOTAL REVENUE $88,376

Expense Breakdown

Grants Paid $105,567

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $108,520

Other Expenses $4,787

TOTAL EXPENSES $110,354

Year-over-Year Comparison

	2023	2022	Change
Revenue	$88,376	$106,674	-0.2%
Expenses	$110,354	$66,697	+0.7%
Net Income	$-21,978	$39,977	-1.5%

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

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
MICHAEL GLYNN	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW JARROS	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW GLYNN	PRESIDENT	2.00	Officer	$0	$0	$0
KAREN GLYNN	CLERK	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$88,376	$110,354	$486,775	$-21,978
2022	$106,674	$66,697	$479,968	$39,977
2021	$390,371	$26,883	$467,126	$363,488
2019	$221,032	$42,945	$178,087	$178,087

JOSHUA GLYNN MEMORIAL FOUNDATION INC