GLOBAL LEARNING CHARTER PUBLIC SCH… - Form 990 Financial Data

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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

Legal Domicile

Principal Officer

Amey Bissonnette

Phone

5089914105

Tax Period

2021-07-01 to 2022-06-30

GLOBAL LEARNING CHARTER PUBLIC SCHOOL FOUNDATION INC, founded in 2019, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2021. Revenue surged 6731% from the prior year, signaling strong growth momentum.

Mission

Financially support the mission of the Global Learning Charter Public School

Program Service Accomplishments

Program 1

Expenses: $2,281,978 Revenue: $2,252,507

Donations collected by the foundation on behalf of the Global Learning Charter Public School for use towards the renovation of their second campus (STEAM Center). The expenses include funding that...

Donations collected by the foundation on behalf of the Global Learning Charter Public School for use towards the renovation of their second campus (STEAM Center). The expenses include funding that was collected in the prior tax year and distributed to the school in the current year. The vast majority of this tax year's expenditures were attributed to this fund transfer.

Program 2

Expenses: $2,156 Revenue: $0

Director's and Officer's Insurance

Program 3

Expenses: $35 Revenue: $0

State tax filing fees

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,289,163

Program Service Revenue $0

Investment Income $718

Other Revenue $0

TOTAL REVENUE $2,289,881

Expense Breakdown

Grants Paid $2,281,978

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,284,199

Other Expenses $2,221

TOTAL EXPENSES $2,284,199

Year-over-Year Comparison

	2021	2020	Change
Revenue	$2,289,881	$33,524	+67.3%
Expenses	$2,284,199	N/A	N/A
Net Income	$5,682	$33,524	-0.8%

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

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
Amey Bissonnette	President	3.00	Officer Director	$0	$0	$0
Stephen Furtado Jr	Treasurer	2.00	Officer Director	$0	$0	$0
Amanda Castro	Trustee	0.50	Director	$0	$0	$0
Kerrin Viveiros	Secretary	0.50	Officer	$0	$0	$0
Marc Clerc	Trustee	0.50	Director	$0	$0	$0
Kevin Pelland	Trustee	0.50	Director	$0	$0	$0
Jeffrey Garr	Trustee	0.50	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
2022	$2,289,881	$2,284,199	$39,206	$5,682

GLOBAL LEARNING CHARTER PUBLIC SCHOOL FOUNDATION INC