GRATEFUL HEART COMMUNITY SERVICES (EIN 200972381) - 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

2004

Legal Domicile

Principal Officer

JOHNNY MORGAN

Phone

7042799167

Tax Period

2024-07-01 to 2025-06-30

GRATEFUL HEART COMMUNITY SERVICES, founded in 2004, is a micro nonprofit in the Human Services sector that reported $1K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 513% operating deficit.

Mission

PROVIDE COMMUNITY SUPPORT THROUGH ACCEPTING FOOD AND MONETARY DONATIONS AND DISTRIBUTING THEM TO ALL PEOPLE IN NEED. PROVIDE TEMPORARY HOUSING FOR THE HOMELESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,350

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,350

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,926

Other Expenses $8,277

TOTAL EXPENSES $8,277

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,350	$13,640	-0.9%
Expenses	$8,277	$11,057	-0.3%
Net Income	$-6,927	$2,583	-3.7%

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
JOHNNY MORGAN	DIRECTOR	40.00	Director	$0	$0	$0
BRENDA MORGAN	DIRECTOR	40.00	Director	$0	$0	$0
RAY CHARLESTON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN MORGAN	DIRECTOR	2.00	Director	$0	$0	$0
ALONZO JONES	DIRECTOR	2.00	Director	$0	$0	$0
DRAKE MORGAN	DIRECTOR	2.00	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
2025	$1,350	$8,277	$166,178	$-6,927
2024	$13,640	$11,057	$173,105	$2,583
2023	$11,100	$14,908	$170,522	$-3,808
2022	$16,900	$19,337	$174,329	$-2,437
2021	$14,643	$22,844	$176,767	$-8,201
2020	$19,148	$24,522	$184,968	$-5,374
2019	$141,258	$41,528	$190,342	$99,730
2018	$42,407	$38,697	$238,184	$3,710

GRATEFUL HEART COMMUNITY SERVICES