GRACE COMMUNITY SCHOOL OF DELAWARE OHIO (EIN 205280265) - 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

EDIE PREECE BREEDEN

Phone

6142703529

Tax Period

2023-09-01 to 2024-08-31

GRACE COMMUNITY SCHOOL OF DELAWARE OHIO, founded in 2006, is a small nonprofit in the Education sector that reported $827K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $722K left a modest 13% surplus.

Mission

ESTABLISH, MAINTAIN, PROMOTE & OPERATE A CHRISTIAN SCHOOL. THE SCHOOL'S ELEMENTARY ENROLLMENT WAS 129 STUDENTS WHO WERE TAUGHT FOR 180 DAYS BY 12 FULL-TIME TEACHERS.THE STUDENTS WERE REQUIRED TO SUCCESSFULLY MASTER ( ACCORDING TO A GRADING SCALE) THEEDUCATIONAL CURRICULUM TO PASS TO THE NEXT GRADE.

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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 $99,478

Program Service Revenue $689,300

Investment Income $571

Other Revenue $37,420

TOTAL REVENUE $826,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $552,809

Fundraising Expenses $0

Program Expenses $523,657

Other Expenses $169,686

TOTAL EXPENSES $722,495

Year-over-Year Comparison

	2023	2022	Change
Revenue	$826,769	$617,747	+0.3%
Expenses	$722,495	$631,556	+0.1%
Net Income	$104,274	$-13,809	-8.6%

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

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
ADAM KENNEDY	PRESIDENT	1.00	Officer Director	$0	$0	$0
EDIE PREECE BREEDEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MATT WARNER	SECRETARY	1.00	Officer 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	$826,769	$722,495	$505,213	$104,274
2023	$617,747	$631,556	$457,930	$-13,809
2022	$558,174	$565,245	$467,702	$-7,071
2021	$569,561	$493,907	$412,451	$75,654
2020	$410,092	$457,644	$410,465	$-47,552
2019	$460,485	$439,991	$427,661	$20,494
2018	$459,355	$454,242	$428,727	$5,113

GRACE COMMUNITY SCHOOL OF DELAWARE OHIO