GRAD BAG INC (EIN 842502503) - 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

2019

Principal Officer

ELIZABETH GRUBER

Phone

9142600759

Tax Period

2022-09-01 to 2023-08-31

GRAD BAG INC, founded in 2019, is a small nonprofit in the Education sector that reported $182K in total revenue in fiscal year 2022. The organization ran a surplus of $84K, a strong 46% operating margin.

Mission

GRAD BAG INC'S MISSION IS TO SUPPORT UNDERSERVED COLLEGE-BOUND STUDENTS AND ADVANCE SUSTAINABILITY. GRAD BAG INC. PROVIDES A MORE EQUITABLE TRANSITION TO COLLEGE BY COLLECTING, REFRESHING AND REPACKAGING LIGHTLY USED COLLEGE DORM ROOM ESSENTIALS FOR REDISTRIBUTION TO INCOMING COLLEGE STUDENTS IN NEED.

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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 $180,110

Program Service Revenue $0

Investment Income $2,095

Other Revenue $0

TOTAL REVENUE $182,205

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,257

Fundraising Expenses $0

Program Expenses $98,071

Other Expenses $34,814

TOTAL EXPENSES $98,071

Year-over-Year Comparison

	2022	2021	Change
Revenue	$182,205	$177,960	+0.0%
Expenses	$98,071	$50,479	+0.9%
Net Income	$84,134	$127,481	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH GRUBER	PRESIDENT	10.00	Officer Director	$0	$0	$0
NANCY BROWN	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
BENJAMIN RODMAN	TREASURER	10.00	Officer	$0	$0	$0
BETH EHRICH	SECRETARY	3.00	Officer Director	$0	$0	$0
WENDY NADEL	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL DUNCANSON	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER GAYLES	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA VOGEL	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$182,205	$98,071	$292,358	$84,134

GRAD BAG INC