Global Health Labs Inc (EIN 851595660) - 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

Phone

4257779717

Tax Period

2023-01-01 to 2023-12-31

Global Health Labs Inc, founded in 2020, is a mid-sized nonprofit in the Health Care sector that reported $33.1M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

WE BUILD TOOLS AND TECHNOLOGIES TO ADDRESS UNMET NEEDS IN PRIMARY HEALTHCARE CENTERS AND LAST-MILE SERVICE DELIVERY IN LOW AND MIDDLE-INCOME COUNTRIES AROUND THE WORLD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $33,100,000

Program Service Revenue $0

Investment Income $135

Other Revenue $2,461

TOTAL REVENUE $33,102,596

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,000

Fundraising Expenses $0

Program Expenses $28,337,566

Other Expenses $33,083,977

TOTAL EXPENSES $33,103,977

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,102,596	$21,549,574	+0.5%
Expenses	$33,103,977	$27,595,159	+0.2%
Net Income	$-1,381	$-6,045,585	-1.0%

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

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	DIRECTOR (Jan thru mid-July)	3.0	Director	$13,000	$0	$13,000
N/A	DIRECTOR	3.0	Director	$0	$0	$0
N/A	DIRECTOR (started in mid-July)	3.0	Director	$7,000	$0	$7,000
N/A	SECRETARY	1.0	Officer	$0	$0	$0
N/A	TREASURER	1.0	Officer	$0	$0	$0
N/A	PRESIDENT	1.0	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	No data	No data	No data	No data
2023	$33,102,596	$33,103,977	$1,735,879	$-1,381
2022	$21,549,574	$27,595,159	$9,633,838	$-6,045,585
2021	$28,001,953	$23,963,651	$15,141,992	$4,038,302
2020	$23,690,111	$14,053,383	$14,286,166	$9,636,728

Global Health Labs Inc