Grace and Faith International Acad… - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

Batia Dayan

Phone

7864998132

Tax Period

2024-01-01 to 2024-12-31

Grace and Faith International Academy Inc, founded in 2010, is a small nonprofit in the Education sector that reported $543K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $471K left a modest 13% surplus.

Mission

To provide education of high quality to elementary through senior high students by providing much more individualized attention to each student resulting in much more successful achievements demonstrated by better results.

Program Service Accomplishments

Program 1

Expenses: $458,583 Revenue: $543,348

Provided education of high quality to elementary through senior high students. Provided much more individualized attention to each student. Successful achievements demonstrated by better results.

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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 $0

Program Service Revenue $543,348

Investment Income $0

Other Revenue $0

TOTAL REVENUE $543,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $458,583

Other Expenses $471,327

TOTAL EXPENSES $471,327

Year-over-Year Comparison

	2024	2023	Change
Revenue	$543,348	$381,987	+0.4%
Expenses	$471,327	$426,902	+0.1%
Net Income	$72,021	$-44,915	-2.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	President	040.00	Officer Key Emp	$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
2024	$543,348	$471,327	$803,550	$72,021
2023	$381,987	$426,902	$743,063	$-44,915
2022	$316,822	$335,617	$747,998	$-18,795
2021	$293,423	$310,716	$765,561	$-17,293
2020	$266,398	$289,456	$594,981	$-23,058
2019	$344,230	$320,030	$599,172	$24,200
2018	$351,635	$325,670	$607,300	$25,965

Grace and Faith International Academy Inc