GLPA-LEAD (EIN 842895367) - 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

2020

Legal Domicile

Principal Officer

Stephen Pontoni

Phone

7342764823

Tax Period

2024-01-01 to 2024-12-31

GLPA-LEAD, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $541K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $617K exceeded revenue, resulting in a 14% operating deficit.

Mission

Promote community welfare by providing education and training in Michigan by recruiting training and empowering progressive political leaders.

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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 $541,158

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $541,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $572,275

Other Expenses $617,412

TOTAL EXPENSES $617,412

Year-over-Year Comparison

	2024	2023	Change
Revenue	$541,158	$737,500	-0.3%
Expenses	$617,412	$476,884	+0.3%
Net Income	$-76,254	$260,616	-1.3%

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

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
Stephen Pontoni	Chair	5.00	Officer	$0	$0	$0
Jaime Forbes	Vice President	1.00	Officer	$0	$0	$0
Katie Kelly	Secretary	1.00	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
2024	$541,158	$617,412	$523,641	$-76,254
2023	$737,500	$476,884	$587,536	$260,616
2022	$560,325	$363,058	$339,378	$197,267
2021	$242,376	$129,818	$142,111	$112,558

GLPA-LEAD