GRACE ASSOCIATION OF SCHOOLS INC (EIN 320095007) - 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

2007

Legal Domicile

Principal Officer

RANDY BLAN

Phone

8155211381

Tax Period

2023-08-01 to 2024-07-31

GRACE ASSOCIATION OF SCHOOLS INC, founded in 2007, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2023.

Mission

To operate a Christian School,to work with parents to create a Family of Faith and to Educate their children from a Christian World

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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 $572,558

Program Service Revenue $1,833,814

Investment Income $0

Other Revenue $5,502

TOTAL REVENUE $2,411,874

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,301,141

Fundraising Expenses $48,578

Program Expenses $266,612

Other Expenses $1,251,588

TOTAL EXPENSES $2,552,729

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,411,874	$2,451,260	0.0%
Expenses	$2,552,729	$2,666,735	0.0%
Net Income	$-140,855	$-215,475	-0.3%

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

122

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
RANDY BLAN	PRESIDENT	40	Officer	$0	$0	$0
KAREN BLAN	SECRETARY	40	Officer	$0	$0	$0
MIREYA MARTIN	TREASURER	25	Officer	$0	$0	$0
AL CRESPO	ADMINISTRATOR	40	Director	$0	$0	$0
RACHAL AYERS	SCHOOL PRINCIPAL	40	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	No data	No data	No data	No data
2024	$2,411,874	$2,552,729	$1,252,033	$-140,855
2023	$2,532,168	$2,707,189	$1,711,960	$-175,021
2022	$1,552,323	$1,330,575	$951,219	$221,748
2021	$1,097,502	$578,149	$658,435	$519,353
2020	$842,815	$673,258	$381,340	$169,557
2019	$548,166	$535,440	$122,254	$12,726

GRACE ASSOCIATION OF SCHOOLS INC