The Haven of Grace Ministries Inc (EIN 050461293) - 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

1991

Legal Domicile

Principal Officer

SUSAN L MANSFIELD

Phone

4017660284

Tax Period

2023-08-01 to 2024-07-31

The Haven of Grace Ministries Inc, founded in 1991, is a micro nonprofit in the Community Improvement sector that reported $360 in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $22K exceeded revenue, resulting in a 6144% operating deficit.

Mission

EMPOWERING WOMEN TO OVERCOME POVERTY.

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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 $0

Program Service Revenue $360

Investment Income $0

Other Revenue $0

TOTAL REVENUE $360

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,663

Other Expenses $22,478

TOTAL EXPENSES $22,478

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360	$9,158	-1.0%
Expenses	$22,478	$13,962	+0.6%
Net Income	$-22,118	$-4,804	+3.6%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDITH LAJOIE	PRESIDENT	20.00	Officer	$0	$0	$0
SUSAN MANSFIELD	VICE PRESIDENT	10.00	Officer	$0	$0	$0
CRAIG CYGAWNOSKI	TREASURER	2.00	Officer	$0	$0	$0
DIANA LAJOIE	BOARD MEMBER	2.00	Officer	$0	$0	$0
MICHAEL LAJOIE	BOARD MEMBER	2.00	Officer	$0	$0	$0
CHERYL CROWER	BOARD MEMBER	2.00	Officer	$0	$0	$0
GARY PELLETIER	BOARD MEMBER	2.00		$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
2025	No data	No data	No data	No data
2024	$360	$22,478	$172,483	$-22,118
2023	$9,158	$13,962	$194,601	$-4,804
2022	$2,475	$10,801	$199,405	$-8,326
2021	$271,465	$112,900	$207,730	$158,565
2020	$271,316	$219,631	$69,054	$51,685

The Haven of Grace Ministries Inc