GLENDALE TEACHERS ASSOC INC

EIN: 951618335

GLENDALE, CA

Total Revenue
$440,525
Total Expenses
$418,313
Total Assets
$609,076
Net Assets
$607,414
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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
1949
Legal Domicile
CA
Principal Officer
TALINE ARSENIAN
Phone
8182403924
Tax Period
2023-09-01 to 2024-08-31

GLENDALE TEACHERS ASSOC INC, founded in 1949, is a small nonprofit that reported $441K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $418K left a modest 5% surplus.

Mission

The Association is a labor union for teachers working for the Glendale Unified School District. It represents the teachers, negotiates a contract on their behalf, and disseminates information regarding the school district and educational ideas to its members.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $438,700
Investment Income $1,825
Other Revenue $0
TOTAL REVENUE $440,525

Expense Breakdown

Grants Paid $0
Salaries & Benefits $94,263
Fundraising Expenses $0
Program Expenses $391,478
Other Expenses $324,050
TOTAL EXPENSES $418,313

Year-over-Year Comparison

2023 2022 Change
Revenue $440,525 $377,330 +0.2%
Expenses $418,313 $395,401 +0.1%
Net Income $22,212 $-18,071 -2.2%
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

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Governance

Voting Members
11
Independent Members
10
Employees
4
Volunteers
60

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
4
$12,419
Total Directors
11
$12,419
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TALINE ARSENIAN President 40.00
Officer Director
$10,043 $0 $10,043
EMILY ROGERS Vice President 24.00
Officer Director
$2,376 $0 $2,376
GRETA SUKAZIAN Treasurer 5.00
Officer Director
$0 $0 $0
PAM GORSUCH Secretary 4.00
Officer Director
$0 $0 $0
LAURA KELLOGG Director 3.00
Director
$0 $0 $0
YOLANDA THIESMEYER Director 3.00
Director
$0 $0 $0
ROSEMARIE MCCABE Director 3.00
Director
$0 $0 $0
ANGELINA THOMAS Director 3.00
Director
$0 $0 $0
MATT HAMO Director 3.00
Director
$0 $0 $0
PATRICK DAVARHANIAN Director 3.00
Director
$0 $0 $0
SANDY FINK Director 3.00
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 $440,525 $418,313 $609,076 $22,212
2023 $377,330 $395,401 $590,598 $-18,071
2022 $388,532 $369,585 $621,503 $18,947
2021 $378,208 $331,672 $584,332 $46,536
2020 $337,179 $302,342 $537,790 $34,837
2019 $353,202 $326,068 $502,953 $27,134
2018 $360,996 $324,882 $475,819 $36,114
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