Global Connections of Employment Inc Health & Welfare Trust

EIN: 846734279 Mutual Benefit

Pensacola, FL

Total Revenue
$7,971,215
Total Expenses
$8,879,952
Total Assets
$3,745,951
Net Assets
$3,658,176
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
Sandy Whitaker
Phone
8505951330
Tax Period
2024-01-01 to 2024-12-31

Global Connections of Employment Inc Health & Welfare Trust, founded in 2020, is a community nonprofit in the Mutual Benefit sector that reported $8.0M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $8.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

Payment of employee benefits

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,884,460
Investment Income $86,755
Other Revenue $0
TOTAL REVENUE $7,971,215

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $566,258
TOTAL EXPENSES $8,879,952

Year-over-Year Comparison

2024 2023 Change
Revenue $7,971,215 $8,936,718 -0.1%
Expenses $8,879,952 $6,201,246 +0.4%
Net Income $-908,737 $2,735,472 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
62
Independent Members
62
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Trustee 1.00
$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 $7,971,215 $8,879,952 $3,745,951 $-908,737
2023 $8,936,718 $6,201,246 $4,651,750 $2,735,472
2022 $10,166,677 $10,686,437 $1,866,007 $-519,760
2021 $12,443,190 $13,025,843 $2,386,849 $-582,653
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Global Connections of Employment Inc Health & Welfare Trust with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.