GRACE COMMUNITY SERVICE (EIN 274433775) - 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

Principal Officer

HYUNSOO OH

Phone

7142789000

Tax Period

2024-01-01 to 2024-12-31

GRACE COMMUNITY SERVICE, founded in 2010, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $143K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $182K exceeded revenue, resulting in a 27% operating deficit.

Mission

TO PROVIDE CHARITABLE PROGRAMS TO NEEDY PEOPLE

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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 $131,082

Program Service Revenue $0

Investment Income $11,121

Other Revenue $892

TOTAL REVENUE $143,095

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,087

Fundraising Expenses $1,896

Program Expenses $106,659

Other Expenses $146,812

TOTAL EXPENSES $181,899

Year-over-Year Comparison

	2024	2023	Change
Revenue	$143,095	$221,004	-0.4%
Expenses	$181,899	$225,840	-0.2%
Net Income	$-38,804	$-4,836	+7.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAE KYU CHANG	SECRETARY	N/A	Officer	$0	$0	$0
HYUNSOO OH	C.F.O.	N/A	Officer	$0	$0	$0
MAN YOUN	C.E.O.	N/A	Officer	$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	$143,095	$181,899	$276,983	$-38,804
2023	$221,004	$225,840	$319,463	$-4,836
2022	$246,503	$178,167	$327,143	$68,336
2021	$224,811	$189,314	$255,968	$35,497
2020	$98,823	$77,777	$226,138	$21,046
2019	$167,014	$143,933	$128,397	$23,081
2018	$169,606	$158,988	$105,761	$10,618

GRACE COMMUNITY SERVICE