THE GRACE FOUNDATION FOR HEALTH WELLNESS & EDUCATION (EIN 273418360) - 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

MICHELLE HENNIS

Phone

2166874011

Tax Period

2024-07-01 to 2025-06-30

Mission

TO SUPPORT GRACE HOSPITAL AND SPECIALTY HOSPITAL OF LORAIN.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $236,501

Other Expenses $319,015

TOTAL EXPENSES $319,015

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	N/A	N/A
Expenses	$319,015	$318,182	+0.0%
Net Income	N/A	$-318,182	N/A

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

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

$173,194

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEACON CHRISTOPHER DEPENTI	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS COOK	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JEFFREY L CLOSE	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BASEL ALTAQI MD	DIRECTOR	1.00	Director	$0	$0	$0
PAUL C VENIZELOS MD	DIRECTOR	1.00	Director	$0	$0	$0
GERALD L JEPPE	DIRECTOR (LEFT 3/25)	1.00	Director	$0	$0	$0
REV JOSEPH D MCNULTY	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE HENNIS	INTERIM PRESIDENT AND CEO	1.00	Officer	$0	$10,093	$173,194

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	No data	$319,015	$631,999	No data
2024	No data	No data	No data	No data
2023	No data	$120,417	$1,246,940	No data
2022	$77,962	$83,636	$1,399,770	$-5,674
2021	$263,217	$83,418	$1,499,739	$179,799
2020	$16,200	$77,921	$1,243,738	$-61,721
2019	$-4,938	$84,529	$1,289,860	$-89,467
2018	$-174,830	$81,360	$1,320,092	$-256,190

THE GRACE FOUNDATION FOR HEALTH WELLNESS & EDUCATION