GIG CARES (EIN 862142240) - 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

Channon Quinn

Phone

2538336655

Tax Period

2023-01-01 to 2023-12-31

GIG CARES, founded in 2020, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $870K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $807K left a modest 7% surplus.

Mission

GIG CARES IS AN ACTION-ORIENTED ORGANIZATION DRIVING GRASS-ROOTS EFFORTS AIMED AT TACKLING SOME OF THE BIGGEST CHALLENGES FACING THE GLUTEN-FREE COMMUNITY, STARTING WITH FOOD INSECURITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $869,576

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $869,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $307,028

Fundraising Expenses $0

Program Expenses $807,159

Other Expenses $500,131

TOTAL EXPENSES $807,159

Year-over-Year Comparison

	2023	2022	Change
Revenue	$869,576	$736,970	+0.2%
Expenses	$807,159	$736,970	+0.1%
Net Income	$62,417	$0	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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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

$408,733

Total Directors

$413,240

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cynthia Kelly	Board Member	5	Director	$0	$0	$221,683
Channon Quinn	Chief Executive Officer	16	Officer	$0	$0	$217,176
James S Williamson	Treasurer	5	Officer Director	$0	$0	$191,557
Lexie Van Den Heuvel	Secretary	5	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
2024	No data	No data	No data	No data
2023	$869,576	$807,159	$62,417	$62,417
2022	$736,970	$736,970	No data	No data

GIG CARES