1000GM INC (EIN 882261890) - 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

2022

Legal Domicile

Principal Officer

Srikanth Bangalore

Phone

3108807642

Tax Period

2023-01-01 to 2023-12-31

1000GM INC, founded in 2022, is a small nonprofit in the Recreation & Sports sector that reported $975K in total revenue in fiscal year 2023. Revenue surged 197% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

Non Profit for the promotion of sports Events, handling Chess tournaments and Organizing events for kids and young people for encouraging and developing skills in chess

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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 $975,202

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $975,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,096,524

Other Expenses $1,096,524

TOTAL EXPENSES $1,096,524

Year-over-Year Comparison

	2023	2022	Change
Revenue	$975,202	$328,138	+2.0%
Expenses	$1,096,524	$324,951	+2.4%
Net Income	$-121,322	$3,187	-39.1%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Srikanth Bangalore	President	Director	$0	$0	$0
Shelby Lohrman	CEO	Officer	$0	$0	$0
Jonathan Machtig	Secretary	Officer	$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	$975,202	$1,096,524	$31,471	$-121,322
2022	$328,138	$324,951	$15,554	$3,187

1000GM INC