GLOM TRANSITIONAL HOUSING

EIN: 931662588 501(c)(3) Housing & Shelter

LIVERMORE, CA

Total Revenue
$5,812,448
Total Expenses
$7,356,095
Total Assets
$269,110
Net Assets
$-1,282,661
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
CA
Principal Officer
ALLEN TURNER
Phone
2093307155
Tax Period
2024-01-01 to 2024-12-31

GLOM TRANSITIONAL HOUSING, founded in 2023, is a community nonprofit in the Housing & Shelter sector that reported $5.8M in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. Expenses of $7.4M exceeded revenue, resulting in a 27% operating deficit.

Mission

UNDER CONTRACT WITH VERIOUS COUNTIES, PROVIDES TRANSITIONAL HOUSING AND CARE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,216
Program Service Revenue $5,810,232
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,812,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,864,056
Fundraising Expenses $0
Program Expenses $6,058,769
Other Expenses $2,492,039
TOTAL EXPENSES $7,356,095

Year-over-Year Comparison

2024 2023 Change
Revenue $5,812,448 $3,350,957 +0.7%
Expenses $7,356,095 $3,089,972 +1.4%
Net Income $-1,543,647 $260,985 -6.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
167
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
3
$195,000
Total Directors
4
$195,000
Key Employees
1
$195,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLEN TURNER BOARD PRESIDENT 11.00
Officer Director
$0 $0 $0
DERICK HENRY TREASURER 40.00
Officer Director
$0 $0 $0
JESSICA TURNER SECRETARY/VP 40.00
Officer Director Key Emp Highest
$195,000 $0 $195,000
LISA EVANS BOARD MEMBER 13.00
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
2024 $5,812,448 $7,356,095 $269,110 $-1,543,647
2023 $3,350,957 $3,089,972 $706,383 $260,985
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GLOM TRANSITIONAL HOUSING with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.