GRACE OC CHURCH (EIN 330164446) - 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

2019

Legal Domicile

Principal Officer

RANDY WOOLSTRUM

Phone

7142833555

Tax Period

2023-01-01 to 2023-12-31

GRACE OC CHURCH, founded in 2019, is a small nonprofit that reported $756K in total revenue in fiscal year 2023. Expenses of $667K left a modest 12% surplus.

Mission

THE PURPOSE OF THE CHURCH IS TO CALL PEOPLE TO COMMITMENT TO CHRIST AND HIS FAMILY, TO LEAD BELIEVERS IN CHRIST-LIKE CHARACTER, TO EQUIP BELIEVERS TO CARE FOR OTHERS, AND TO ENGAGE BELIEVERS IN THE CAUSE OF CHRIST IN ORDER TO CELEBRATE GOD. MINISTRIES OF THE CHURCH INCLUDE WEEKEND WORSHIP SERVICES AND CLASSES, CHILDREN'S ACTIVITIES, YOUTH GROOUPS, SINGLE ADULT FELLOWSHIPS, SMALL GROUP FELLOWSHIPS, AND MINISTRIES TO MEN, WOMEN, AND FAMILIES.

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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 $756,475

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $756,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $300,612

Fundraising Expenses $0

Program Expenses $667,231

Other Expenses $234,988

TOTAL EXPENSES $667,231

Year-over-Year Comparison

	2023	2022	Change
Revenue	$756,475	$745,677	+0.0%
Expenses	$667,231	$686,609	0.0%
Net Income	$89,244	$59,068	+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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDY WOOLSTRUM	President & CEO	50.00	Officer Director	$0	$0	$0
TERRI WOOLSTRUM	Vice President	40.00	Officer Director	$0	$0	$0
NANCIE RINEER	Treasurer	5.00	Officer Director	$0	$0	$0
VICKI BOWMAN	Secretary	12.00	Officer Director	$0	$0	$0
WILLIAM COURTNEY	Director	1.00	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
2023	$756,475	$667,231	$2,532,417	$89,244
2022	$745,677	$686,609	$2,490,514	$59,068
2021	$878,818	$823,546	$2,462,384	$55,272
2020	$673,686	$780,876	$2,561,866	$-107,190
2019	$837,134	$910,347	$2,638,006	$-73,213

GRACE OC CHURCH