Grace Medical Home Inc (EIN 261817966) - 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

2008

Legal Domicile

Principal Officer

Stephanie Garris

Phone

4079362785

Tax Period

2024-01-01 to 2024-12-31

Grace Medical Home Inc, founded in 2008, is a community nonprofit in the Health Care sector that reported $5.4M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

To be a medical home reflecting the heart of Christ by offering the highest level of health care to those in our community who need it most.

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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 $5,040,273

Program Service Revenue $127,015

Investment Income $39,428

Other Revenue $150,829

TOTAL REVENUE $5,357,545

Expense Breakdown

Grants Paid $323,098

Salaries & Benefits $3,132,114

Fundraising Expenses $315,353

Program Expenses $5,035,768

Other Expenses $2,120,168

TOTAL EXPENSES $5,601,380

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,357,545	$6,179,049	-0.1%
Expenses	$5,601,380	$6,347,418	-0.1%
Net Income	$-243,835	$-168,369	+0.4%

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

497

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

$173,245

Total Directors

$125,929

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Aitcheson	Chair	4.00	Officer Director	$0	$0	$0
Christine Stewart	Imm Past Chair/Gov Chair (End 12/24)	2.00	Officer Director	$0	$0	$0
Blake Hostetter	Treasurer	4.00	Officer Director	$0	$0	$0
Michele Tynes Napier	Recording Secretary	2.00	Officer Director	$0	$0	$0
Nick McKinney	Vice Chair	2.00	Officer Director	$0	$0	$0
Dr Marvin Hardy	Medical Director/Trustee	34.00	Director	$101,318	$24,611	$125,929
Ashley Kelly	Member at Large	2.00	Officer Director	$0	$0	$0
Paul Scheck	Director	2.00	Director	$0	$0	$0
W Bryce Hagedorn	Director	2.00	Director	$0	$0	$0
Bethany Goodman	Director	2.00	Director	$0	$0	$0
Yvonne Sweeney	Director	2.00	Director	$0	$0	$0
Sherry Magee	Director	2.00	Director	$0	$0	$0
Lisa Wong Shue	Director (Began 1/24)	2.00	Director	$0	$0	$0
Amanda Dukes	Director (Began 1/24)	2.00	Director	$0	$0	$0
Cathy Stankiewicz	Director (Began 4/24)	2.00	Director	$0	$0	$0
Ritsy Carpenter	Director/Trustee	2.00	Director	$0	$0	$0
Sheryl Moorehead	Director (End 12/24)	2.00	Director	$0	$0	$0
Dianna Morgan	Director/Trustee	2.00	Director	$0	$0	$0
Ricky Vescovacci	Director (End 12/24)	2.00	Director	$0	$0	$0
Marilyn King	Director/Trustee	2.00	Director	$0	$0	$0
Stephanie Garris	CEO	40.00	Officer	$142,415	$30,830	$173,245
Sherry Brooks	Medical Director	30.00	Highest	$134,997	$5,377	$140,374
Kirsten Carter	Medical Director (Began 1/24)	30.00	Highest	$117,996	$18,416	$136,412
Lynn Ivanek	Director of Philanthropy	40.00	Highest	$102,449	$16,712	$119,161

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	$5,357,545	$5,601,380	$3,020,430	$-243,835
2023	$6,179,049	$6,347,418	$3,257,984	$-168,369
2022	$4,855,490	$5,066,030	$3,439,672	$-210,540
2021	$5,291,675	$4,618,614	$3,647,443	$673,061
2020	$5,823,270	$6,930,414	$2,958,486	$-1,107,144
2019	$4,378,642	$6,534,823	$4,045,516	$-2,156,181
2018	$9,970,942	$6,706,003	$6,187,877	$3,264,939

Grace Medical Home Inc