GEORGE FLOYD GLOBAL MEMORIAL

EIN: 853271661 501(c)(3) Arts, Culture & Humanities

MINNEAPOLIS, MN

Total Revenue
$990,794
Total Expenses
$566,413
Total Assets
$583,157
Net Assets
$582,782
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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
MN
Principal Officer
JEANELLE AUSTIN
Phone
6129902340
Tax Period
2023-01-01 to 2023-12-31

GEORGE FLOYD GLOBAL MEMORIAL, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $991K in total revenue in fiscal year 2023. The organization ran a surplus of $424K, a strong 43% operating margin.

Mission

We exist to conserve stories of resistance to racial injustice and to curate spaces for all people to grieve, pay respect, and be a voice for justice.

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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 (2023)

Revenue Breakdown

Contributions & Grants $990,794
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $990,794

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,772
Fundraising Expenses $20,090
Program Expenses $192,475
Other Expenses $498,641
TOTAL EXPENSES $566,413

Year-over-Year Comparison

2023 2022 Change
Revenue $990,794 N/A N/A
Expenses $566,413 N/A N/A
Net Income $424,381 N/A N/A
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
3
Independent Members
3
Employees
3
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
1
$52,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER CARROLL DEVELOPMENT COORDINATOR 40
Director
$52,000 $0 $52,000
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 $990,794 $566,413 $583,157 $424,381
2021 $390,471 $173,709 $224,388 $216,762
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