TKJ BY HIS GRACE MINISTRIES (EIN 261119730) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

TERRENCE JOHNSON

Phone

3342072962

Tax Period

2024-01-01 to 2024-12-31

TKJ BY HIS GRACE MINISTRIES IN, founded in 2007, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2019. Revenue surged 68% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THIS NON-PROIFT IS TO SPREAD GODAPOSS WORD IN THE COMMUNITY BUT ACXTS OF SERVICE, GIVVING OPUT RESOURCES AND SUPPLIES TO THOSE IN NEEDS AND SPREADIGN THE WORD OF CHRIST THROUGHOUT ALL WE DO. WE USE THE MINSTRY TO SPREAD THE WORD TO GODAPOSS CHILDREN AND WE ESTABLISH THESE PRACTICES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,812,832

Investment Income $0

Other Revenue $2,565,263

TOTAL REVENUE $5,378,095

Expense Breakdown

Grants Paid $205,501

Salaries & Benefits $2,303,062

Fundraising Expenses $0

Program Expenses $3,209,794

Other Expenses $3,291,794

TOTAL EXPENSES $5,800,357

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,378,095	$8,015,626	-0.3%
Expenses	$5,800,357	$8,374,439	-0.3%
Net Income	$-422,262	$-358,813	+0.2%

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

N/A

Independent Members

N/A

Employees

205

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

$180,247

Total Directors

$141,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE JOHNSON	CEO	040.00	Officer Director	$141,500	$0	$141,500
VERENA JOHNSON	VP	035.00	Officer	$38,747	$0	$38,747

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	$5,378,095	$5,800,357	$393,121	$-422,262
2022	$6,272,186	$6,389,066	$440,203	$-116,880
2021	$4,029,824	$3,238,474	$432,405	$791,350
2020	$3,862,772	$3,907,923	$55,117	$-45,151
2019	$2,587,754	$2,597,676	$45,151	$-9,922

TKJ BY HIS GRACE MINISTRIES