WINGS OF GRACE MINISTRIES INC (EIN 273236662) - 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

2010

Legal Domicile

Principal Officer

DWIGHT BELL

Phone

3212887209

Tax Period

2023-01-01 to 2023-12-31

WINGS OF GRACE MINISTRIES INC, founded in 2010, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023.

Mission

OUR MISSION IS TO PROVIDE SPIRITUAL EDUCATION, HOUSING AND COMMUNITY DEVELOPMENT THROUGH MUSIC, AVIATION AND OUTREACH IN AN INTERDENOMINATIONAL MINISTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $355,632

Program Service Revenue $392,242

Investment Income $254,281

Other Revenue $7,529

TOTAL REVENUE $1,009,684

Expense Breakdown

Grants Paid $700

Salaries & Benefits $76,459

Fundraising Expenses $0

Program Expenses $984,448

Other Expenses $1,029,590

TOTAL EXPENSES $1,106,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,009,684	$1,002,735	+0.0%
Expenses	$1,106,749	$1,215,354	-0.1%
Net Income	$-97,065	$-212,619	-0.5%

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

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

$18,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DWIGHT BELL	PRESIDENT	50.00	Officer Director	$0	$0	$0
L ANGELIA BELL	SECRETARY	40.00	Officer Director	$0	$0	$0
PAUL ROSBURY	TREASURER	0.50	Officer Director	$0	$0	$0
DAMON WHITLOW	CHIEF FINANCIAL OFFICER	40.00	Officer Director	$0	$0	$0
TANYA SALTER	VICE PRESIDENT	40.00	Officer	$18,000	$0	$18,000

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	No data	No data	No data	No data
2023	$1,009,684	$1,106,749	$3,277,165	$-97,065
2022	$1,002,735	$1,215,354	$3,598,396	$-212,619
2021	$926,046	$1,138,139	$3,791,611	$-212,093
2020	$1,783,542	$946,273	$3,193,835	$837,269
2019	$709,249	$798,226	$2,780,364	$-88,977
2018	$648,015	$574,899	$2,281,490	$73,116

WINGS OF GRACE MINISTRIES INC