GLOBAL LEADERS ASSEMBLY FOUNDATION (EIN 861920531) - 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

2020

Legal Domicile

Principal Officer

SCOTT MORSE

Phone

2022613484

Tax Period

2022-10-01 to 2023-09-30

GLOBAL LEADERS ASSEMBLY FOUNDATION, founded in 2020, is a micro nonprofit in the International Affairs sector that reported $800 in total revenue in fiscal year 2022. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $19K exceeded revenue, resulting in a 2227% operating deficit.

Mission

GLAF HELPS SOLVE THE WORLD'S MOST PRESSING PROBLEMS WITH CONSTRUCTIVE DIALOGUE AMONG STAKEHOLDERS INCLUDING GOVERNMENT, MULTILATERALS, CIVIL SOCIETY, MULTINATIONAL CORPORATIONS AND OTHER PRIVATE SECTOR ACTORS BY ENGAGING THE LARGER GEORGETOWN UNIVERSITY MASTER OF SCIENCE IN FOREIGN SERVICE (MSFS) ALUMNI DIASPORA AND OTHER THOUGHT LEADERS WORLDWIDE TO MAKE THIS A REALITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $800

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,616

Other Expenses $18,616

TOTAL EXPENSES $18,616

Year-over-Year Comparison

	2022	2021	Change
Revenue	$800	$44,323	-1.0%
Expenses	$18,616	$20,909	-0.1%
Net Income	$-17,816	$23,414	-1.8%

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

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

$4,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT MORSE	PRESIDENT/VICECHAIR/DIRECT	5.00	Director	$0	$0	$0
ARMAND BOGAARTS	DIRECTOR/CHAIR OF THE BOAR	1.00	Director	$0	$0	$0
LISA KUHN	DIRECTOR/CORPORATE SECRETA	10.00	Director	$4,800	$0	$4,800
WARREN WIMMER	DIRECTOR/TREASURER	2.00	Director	$0	$0	$0
LAURA BRANK	DIRECTOR	1.00	Director	$0	$0	$0
TANJA KLEINSORGE	DIRECTOR	1.00	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
2023	$800	$18,616	$19,284	$-17,816
2022	$44,323	$20,909	$32,706	$23,414
2021	$36,230	$26,938	$9,292	$9,292

GLOBAL LEADERS ASSEMBLY FOUNDATION