GATHERING GROUND INC (EIN 872492428) - 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

2021

Legal Domicile

Principal Officer

MARIA CARNEMOLLA

Phone

6093580245

Tax Period

2023-01-01 to 2023-12-31

GATHERING GROUND INC, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $56K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $440K exceeded revenue, resulting in a 682% operating deficit.

Mission

GATHERING GROUND FOSTERS COMMUNITY COHESION AND COLLABORATIVE ACTION BY BRINGING TOGETHER HIGHLY-DIVERSE GROUPS OF PEOPLE WITH VARIED BACKGROUNDS, LIVED EXPERIENCES, EXPERTISE AND INFLUENCE TO AMPLIFY COMMUNITY DIALOGUE AROUND CRITICAL ISSUES, BUILD AND STRENGTHEN NETWORKS, ENCOURAGE CROSS-SECTOR AND MULTI-CULTURAL PARTNERSHIPS AND CULTIVATE EQUITABLE COMMUNITY-ROOTED SOLUTIONS.

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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 $12,544

Program Service Revenue $35,000

Investment Income $8,776

Other Revenue $0

TOTAL REVENUE $56,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,203

Fundraising Expenses $54,034

Program Expenses $254,167

Other Expenses $208,097

TOTAL EXPENSES $440,300

Year-over-Year Comparison

	2023	2022	Change
Revenue	$56,320	$1,181,784	-1.0%
Expenses	$440,300	$41,547	+9.6%
Net Income	$-383,980	$1,140,237	-1.3%

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

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

$146,739

Total Directors

$108,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURENCE CAPO	PAST CHAIR	1.00	Officer Director	$0	$0	$0
ELIZABETH MURPHY	FOUNDING DIRECTOR / SECRET	18.00	Officer Director	$108,000	$0	$108,000
EVAN SANCHEZ	TREASURER	1.00	Officer Director	$0	$0	$0
NATASHA DYER	CHAIR	1.00	Officer Director	$0	$0	$0
MARIA CARNEMOLLA	EXECUTIVE DIRECTOR	40.00	Officer	$38,439	$300	$38,739

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	$56,320	$440,300	$776,449	$-383,980
2022	$1,181,784	$41,547	$1,171,790	$1,140,237

GATHERING GROUND INC