GRACE ON WINGS INC

EIN: 205512973 501(c)(3) Religion

INDIANAPOLIS, IN

Total Revenue
$506,757
Total Expenses
$547,073
Total Assets
$195,125
Net Assets
$-157,644
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
IN
Principal Officer
HAL BLANK
Phone
3177963863
Tax Period
2025-01-01 to 2025-12-31

GRACE ON WINGS INC, founded in 2006, is a small nonprofit in the Religion sector that reported $507K in total revenue in fiscal year 2025. Revenue surged 91% from the prior year, signaling strong growth momentum.

Mission

GRACE ON WINGS GOW PROVIDES COST-EFFECTIVE AIR AMBULANCE TRANSPORT FOR PATIENTS REQUIRING MEDICAL TREATMENT. GOW IS A FAITH-BASED ORGANIZATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $506,745
Program Service Revenue $0
Investment Income $12
Other Revenue $0
TOTAL REVENUE $506,757

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,865
Fundraising Expenses $0
Program Expenses $547,073
Other Expenses $489,208
TOTAL EXPENSES $547,073

Year-over-Year Comparison

2025 2024 Change
Revenue $506,757 $265,392 +0.9%
Expenses $547,073 $423,960 +0.3%
Net Income $-40,316 $-158,568 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
N/A

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAL BLANK PRESIDENT 040.00
Officer Director
$0 $0 $0
ROGER BOOTH CPA VICE PRESIDENT 001.00
Officer Director
$0 $0 $0
LONNIE RICHARDSON SPIRITUAL ADVISOR 001.00
Director
$0 $0 $0
MICHAEL GAMBLE MD SECRETARY 001.00
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
2025 $506,757 $547,073 $195,125 $-40,316
2024 $265,392 $423,960 $237,998 $-158,568
2023 $807,806 $879,378 $311,306 $-71,572
2022 $969,890 $874,121 $405,431 $95,769
2021 $1,306,845 $1,275,348 $729,063 $31,497
2020 $1,088,974 $1,012,122 $649,287 $76,852
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GRACE ON WINGS INC with other nonprofits in Indiana and across the country.