GRACE WALSINGHAM FOUNDATION INC (EIN 204795330) - 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

2006

Legal Domicile

Principal Officer

STEVE LARSON

Phone

9204529659

Tax Period

2024-01-01 to 2024-12-31

GRACE WALSINGHAM FOUNDATION INC, founded in 2006, is a small nonprofit in the Religion sector that reported $249K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 58% operating margin.

Mission

TO PROMOTE THE ORIGINAL INTENT OF GRACE EPISCOPAL CHURCH AND TO SUPPLY GRACE EPISCOPAL CHURCH WITH FINANCIAL SUPPORT.

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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 $19,422

Program Service Revenue $0

Investment Income $229,616

Other Revenue $0

TOTAL REVENUE $249,038

Expense Breakdown

Grants Paid $95,696

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $99,624

Other Expenses $9,758

TOTAL EXPENSES $105,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$249,038	$193,844	+0.3%
Expenses	$105,454	$56,158	+0.9%
Net Income	$143,584	$137,686	+0.0%

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
STEVE LARSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN KELLER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BILL GAGIN	TREASURER	1.00	Officer Director	$0	$0	$0
MIA MCMILLAN	SECRETARY	5.00	Officer Director	$0	$0	$0
TOM WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
KONRAD TESTWUIDE	DIRECTOR	1.00	Director	$0	$0	$0
MARY SNYDER	DIRECTOR	1.00	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	$249,038	$105,454	$3,795,398	$143,584
2023	$193,844	$56,158	$3,531,752	$137,686
2022	$176,747	$60,927	$3,231,167	$115,820
2021	$671,075	$51,047	$3,619,552	$620,028
2020	$126,479	$239,835	$3,148,002	$-113,356
2019	$123,308	$89,772	$3,093,746	$33,536
2018	$696,772	$81,843	$2,651,888	$614,929

GRACE WALSINGHAM FOUNDATION INC