The Grateful Lives Foundation (EIN 326402383) - 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

2015

Legal Domicile

Phone

3022302675

Tax Period

2023-01-01 to 2023-12-31

The Grateful Lives Foundation, founded in 2015, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $55.3M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42.6M, a strong 77% operating margin.

Mission

To support Christian-based ministries that help people live a dedicated Christian life.

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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 $42,021,987

Program Service Revenue $0

Investment Income $13,326,922

Other Revenue $0

TOTAL REVENUE $55,348,909

Expense Breakdown

Grants Paid $12,365,000

Salaries & Benefits $243,563

Fundraising Expenses $0

Program Expenses $12,365,000

Other Expenses $94,030

TOTAL EXPENSES $12,702,593

Year-over-Year Comparison

	2023	2022	Change
Revenue	$55,348,909	$44,773,840	+0.2%
Expenses	$12,702,593	$23,141,718	-0.5%
Net Income	$42,646,316	$21,632,122	+1.0%

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

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

$249,249

Total Directors

$916,032

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jonathan C Burrell	President/Trustee	5.00	Officer Director	$0	$0	$0
Devon Rolf	Trustee	1.00	Director	$0	$0	$0
Michael King	Trustee	1.00	Director	$0	$47,559	$324,744
Paul Forbes	Trustee	1.00	Director	$0	$33,363	$232,225
Kelly Shepard	Trustee/Former Secretary	1.00	Director	$0	$26,302	$109,814
Dana Ring	Secretary/Trustee	1.00	Officer Director	$0	$21,514	$249,249
N/A	Trustee	10.00		$243,563	$0	$243,563

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	$55,348,909	$12,702,593	$709,576,436	$42,646,316
2023	$55,348,909	$12,702,593	$709,576,436	$42,646,316
2022	$44,773,840	$23,141,718	$508,087,059	$21,632,122
2021	$48,426,740	$19,596,706	$671,624,478	$28,830,034
2020	$38,860,801	$16,359,441	$575,925,123	$22,501,360

The Grateful Lives Foundation