THE MAMA GLOW FOUNDATION

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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

Principal Officer

LATHAM THOMAS

Phone

7185104015

Tax Period

2024-01-01 to 2024-12-31

THE MAMA GLOW FOUNDATION, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 9% surplus.

Mission

The Foundation strives to improve maternal health outcomes in three primary ways. They are: Providing scholarships to aspiring doulas and midwives, Engaging in professional development pathways for our doulas, and Working with educational and institutional partners and engaging in research and advocacy.

Program Service Accomplishments

Program 1

Expenses: $255,051

Through the Citywide Doula Initiative, Mama Glow is the largest provider of pro-bono doula services to families in need in 31 impacted neighborhoods across New York City. In partnership with the New York City Department of Health (DOH)the program aims to increase access to doula care for families from historically underserved communities. By providing free doula services to hundreds of families, the initiative helps improve birth outcomes and ensures that BIPOC families have access to culturally competent support during pregnancy, birth, and postpartum.

Program 2

Expenses: $182,296

The Mama Glow Foundation + Montefiore Trauma-Informed Program is a groundbreaking initiative designed to address trauma and healthcare disparities in birthing communities, particularly in the South Bronx. Through a partnership with Montefiore Einstein Medical Center and the Bronx Health Collective, this program provides pro-bono doula services to vulnerable populations, including undocumented and asylum-seeking families. By focusing on trauma-informed care, the initiative is committed to addressing the impact of structural racism on healthcare access and improving maternal and child health outcomes in high-need communities.

Program 3

Expenses: $225,349

In partnership with Northwell Health, New York State???s largest healthcare provider, the MOMs (Maternal OutcoMes) Program aims to improve maternal health outcomes for high-risk birthing people...

In partnership with Northwell Health, New York State???s largest healthcare provider, the MOMs (Maternal OutcoMes) Program aims to improve maternal health outcomes for high-risk birthing people through an integrated care approach. Funded by a National Institutes of Health (NIH) grant, this program will allow the Mama Glow Foundation to train Northwell Health staff as doulas, integrating doulas into the hospital???s care teams. The goal of this program is to improve both maternal health and maternal mental health outcomes by incorporating doulas into clinical care teams, providing holistic support for birthing people. Mama Glow???s partnership with Northwell Health also includes training nursing staff in the Mama Glow Professional Doula Training Program. This ensures that hospital staff are equipped with the knowledge and skills to provide trauma-informed, culturally competent care.

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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 $1,155,993

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,155,993

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,538

Fundraising Expenses $0

Program Expenses $954,723

Other Expenses $1,020,229

TOTAL EXPENSES $1,056,767

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,155,993	$1,021,913	+0.1%
Expenses	$1,056,767	$902,843	+0.2%
Net Income	$99,226	$119,070	-0.2%

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

N/A

Independent Members

N/A

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	Reportable Comp	Other Comp	Total
LATHAM THOMAS	CO FOUNDER	10	$36,538	$0	$36,538
LAYLA SAAD	BOARD MEMBER	N/A	$0	$0	$0
OPAL TOMETI	BOARD MEMBER	N/A	$0	$0	$0
RACHEL ASH	BOARD MEMBER	N/A	$0	$0	$0
TINA WELLS	BOARD MEMBER	N/A	$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	$1,155,993	$1,056,767	$493,792	$99,226
2023	$1,021,913	$902,843	$394,566	$119,070