Grateful Heart Holistic Therapy Center (EIN 205284226) - 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

Taunya Black

Phone

5103945065

Tax Period

2025-01-01 to 2025-06-30

Grateful Heart Holistic Therapy Center is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2018. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 11% surplus.

Mission

We offer an empowering training environment for therapists at all post graduate stages of their career and holistic, legal and ethical affirming mental health care for clients.

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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 $2,016

Program Service Revenue $265,674

Investment Income $2,371

Other Revenue $0

TOTAL REVENUE $270,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,475

Fundraising Expenses $1,030

Program Expenses $215,705

Other Expenses $155,640

TOTAL EXPENSES $353,115

Year-over-Year Comparison

	2024	2023	Change
Revenue	$270,061	$771,421	-0.6%
Expenses	$353,115	$848,711	-0.6%
Net Income	$-83,054	$-77,290	+0.1%

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

$55,256

Total Directors

$55,256

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Taunya Black	Interim Executive Director	24.00	Officer Director	$55,256	$0	$55,256
Tracy Smith	Clinical Director	30.00		$48,288	$0	$48,288
Angie Green	Finance Manager	40.00		$45,132	$0	$45,132
Matthew Armstrong	Director	0.50	Director	$0	$0	$0
Corwin Babbington	Director	0.50	Director	$0	$0	$0
KSue Duncan	Interim Board Chair	0.50	Officer	$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	$270,061	$353,115	$612,633	$-83,054
2024	No data	No data	No data	No data
2023	$771,421	$848,711	$968,850	$-77,290
2022	$896,092	$903,360	$1,209,130	$-7,268
2021	$774,146	$447,581	$1,306,094	$326,565
2020	$493,291	$476,673	$1,285,672	$16,618
2019	$302,996	$287,051	$685,594	$15,945
2018	$1,771,996	$1,583,004	$495,123	$188,992

Grateful Heart Holistic Therapy Center