LAWRENCE, MA
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)GLCAC SUPPORT CORPORATION, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $79K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $367K exceeded revenue, resulting in a 363% operating deficit.
TO RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF GREATER LAWRENCE COMMUNITY ACTION COUNCIL, INC. ("GLCAC")
RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF GREATER LAWRENCE COMMUNITY ACTION COUNCIL, INC. ("GLCAC") SO LONG AS GLCAC CONTINUES TO BE ORGANIZED AND OPERATED FOR EXEMPT...
RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF GREATER LAWRENCE COMMUNITY ACTION COUNCIL, INC. ("GLCAC") SO LONG AS GLCAC CONTINUES TO BE ORGANIZED AND OPERATED FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE, ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT GLCAC WOULD OTHERWISE HAVE TO PERFORM; OWN, LEASE AND MAINTAIN THE SITE OR SITES AT WHICH GLCAC IS LOCATED, OTHERWISE BENEFIT, THROUGH THE PROVISION OF FINANCIAL SUPPORT AND SERVICES, GLCAC; AND ENGAGE IN ANY LAWFUL ACT OR ACTIVITY IN FURTHERANCE OF THE FOREGOING, PROVIDED SUCH ACTIVITIES ARE NOT IN VIOLATION, OR INCONSISTENT WITH, THE CORPORATION'S STATUS AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $79,280 | $72,345 | +0.1% |
| Expenses | $367,239 | $74 | +4961.7% |
| Net Income | $-287,959 | $72,271 | -5.0% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| VILMA MARTINEZ-DOMINGUEZ | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $32,024 | $178,626 |
| PATRICIA GARNER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAXINE HART | CLERK | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $79,280 | $367,239 | $12,129,373 | $-287,959 |
| 2023 | $72,345 | $74 | $18,662,491 | $72,271 |
| 2022 | $2,525,430 | $665 | $19,158,397 | $2,524,765 |
Compare GLCAC SUPPORT CORPORATION with other nonprofits in Massachusetts and across the country.