GLASSYBABY FOUNDATION

EIN: 851278406 501(c)(3) Philanthropy & Grantmaking

SEATTLE, WA

Total Revenue
$968,059
Total Expenses
$925,286
Total Assets
$105,592
Net Assets
$105,592
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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
WA
Principal Officer
JEANNE WEAVER
Phone
2065189071
Tax Period
2021-07-01 to 2022-06-30

GLASSYBABY FOUNDATION, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $968K in total revenue in fiscal year 2021. Revenue surged 180% from the prior year, signaling strong growth momentum. Expenses of $925K left a modest 4% surplus.

Mission

TO SUPPORT ORGANIZATIONS THAT PROVIDE HOPE AND HEALING TO PEOPLE, ANIMALS AND THE PLANET.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $968,059
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $968,059

Expense Breakdown

Grants Paid $872,624
Salaries & Benefits $40,100
Fundraising Expenses $0
Program Expenses $872,624
Other Expenses $12,562
TOTAL EXPENSES $925,286

Year-over-Year Comparison

2021 2020 Change
Revenue $968,059 $345,525 +1.8%
Expenses $925,286 $282,706 +2.3%
Net Income $42,773 $62,819 -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

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Governance

Voting Members
4
Independent Members
3
Employees
2
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
4
$27,115
Total Directors
4
$27,115
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE RHODES PRESIDENT 5.00
Officer Director
$0 $0 $0
SALE RHODES TREASURER 5.00
Officer Director
$0 $0 $0
PEG VANCE SECRETARY 0.50
Officer Director
$0 $0 $0
APRIL GUENTHER PREV. DIRECTOR 40.00
Officer Director
$27,115 $0 $27,115
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 $968,059 $925,286 $105,592 $42,773
2021 $345,525 $282,706 $62,819 $62,819
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