GRACE LANDING INC (EIN 270406569) - 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

2009

Legal Domicile

Principal Officer

BILLY R HANCOCK

Phone

7703154207

Tax Period

2024-07-01 to 2025-06-30

GRACE LANDING INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $394K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $547K exceeded revenue, resulting in a 39% operating deficit.

Mission

CHANGING THE FUTURES OF CHILDREN, FAMILIES, AND COMMUNITIES THROUGH QUALITY FAMILY SUPPORT.

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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 $394,201

Program Service Revenue $0

Investment Income $6

Other Revenue $0

TOTAL REVENUE $394,207

Expense Breakdown

Grants Paid $0

Salaries & Benefits $365,289

Fundraising Expenses $9,157

Program Expenses $431,815

Other Expenses $182,121

TOTAL EXPENSES $547,410

Year-over-Year Comparison

	2024	2023	Change
Revenue	$394,207	$989,207	-0.6%
Expenses	$547,410	$921,096	-0.4%
Net Income	$-153,203	$68,111	-3.2%

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

Independent Members

Employees

Volunteers

225

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
BILLY R HANCOCK	CEO/CONSULTA	N/A	Officer	$0	$0	$0
JAMES DAVIS JR	CHAIRMAN	N/A	Officer Director	$0	$0	$0
SETH DE ARMAS	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
JUDA ANN KUNZE	FOUNDER/FUND	N/A	Director	$0	$0	$0
RAYELYNNE KETCHUM	BOARD MEMBER	N/A	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	$394,207	$547,410	$83,677	$-153,203
2024	$989,207	$921,096	$239,323	$68,111
2023	$473,442	$518,096	$171,718	$-44,654
2022	$550,444	$345,304	$213,987	$205,140
2019	$171,910	$243,100	No data	$-71,190

GRACE LANDING INC