THE MAMA GLOW FOUNDATION

EIN: 852128888 501(c)(3) Human Services

NEW YORK CITY, NY

Total Revenue
$1,155,993
Total Expenses
$1,056,767
Total Assets
$493,792
Net Assets
$493,792
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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

Provide scholarships to aspiring doulas and midwives, engage in professional development pathways for doulas, work with educational and institutional partners and engaging in research and advocacy

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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 (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

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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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role 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
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