GALST FOUNDATION OF LAKE HAVASU (EIN 860647106) - 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

1973

Legal Domicile

Principal Officer

BROOKE RUSSELL

Phone

9288559392

Tax Period

2024-07-01 to 2025-06-30

GALST FOUNDATION OF LAKE HAVASU, founded in 1973, is a small nonprofit in the Human Services sector that reported $129K in total revenue in fiscal year 2024. Revenue surged 1542% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 47% operating margin.

Mission

PROVIDE SUPPORT TO NEW HORIZONS CENTER FOR PEOPLE WITH SPECIAL NEEDS

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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 $8,356

Program Service Revenue $0

Investment Income $19

Other Revenue $120,317

TOTAL REVENUE $128,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,527

Other Expenses $68,527

TOTAL EXPENSES $68,527

Year-over-Year Comparison

	2024	2023	Change
Revenue	$128,692	$7,838	+15.4%
Expenses	$68,527	$63,590	+0.1%
Net Income	$60,165	$-55,752	-2.1%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEN TARNOW	TTEE	4.00	Director	$0	$0	$0
BO CARRINGER	TTEE	4.00	Director	$0	$0	$0
JARED LOHRMAN	SEC TREAS	4.00	Officer Director	$0	$0	$0
CHRISTY ANDERSON	TRUSTEE	2.00	Director	$0	$0	$0
HEATHER ANDERSON	TRUSTEE	2.00	Director	$0	$0	$0
CHARLIE CASSENS	PRESIDENT	2.00	Officer Director	$0	$0	$0
RANDY SHUFFLER	TTEE	2.00	Director	$0	$0	$0
BRANDON LIVERMORE	TTEE	2.00	Director	$0	$0	$0
ANDREA FOOTE	TTEE	2.00	Director	$0	$0	$0
BROOKE RUSSELL	TTEE	2.00	Director	$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
2025	$128,692	$68,527	$1,744,278	$60,165
2024	$7,838	$63,590	$1,684,113	$-55,752
2023	$-33,239	No data	$1,674,438	No data
2022	$67,759	$250	$1,677,239	$67,509
2021	$70,095	$250	$1,709,913	$69,845

GALST FOUNDATION OF LAKE HAVASU