THE GRACE FOUNDATION (EIN 364793159) - 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

2014

Legal Domicile

Principal Officer

ROBERT KING

Phone

8774768674

Tax Period

2024-07-01 to 2025-06-30

THE GRACE FOUNDATION, founded in 2014, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.1M left a modest 13% surplus.

Mission

THE MISSION OF THE GRACE FOUNDATION IS TO FINANCIALLY SUPPORT THE MINISTRY OF GRACE SCHOOL OF THEOLOGY IN ORDER TO REALIZE ITS VISION - TO DEVELOP SPIRITUAL LEADERS IN EVERY NATION WHO CAN TEACH OTHERS ABOUT THE LOVE OF CHRIST, A LOVE THAT CANNOT BE EARNED AND CANNOT BE LOST.

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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 $1,075,000

Program Service Revenue $0

Investment Income $156,855

Other Revenue $0

TOTAL REVENUE $1,231,855

Expense Breakdown

Grants Paid $1,060,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,071,712

Other Expenses $15,612

TOTAL EXPENSES $1,075,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,231,855	$1,568,550	-0.2%
Expenses	$1,075,612	$1,920,299	-0.4%
Net Income	$156,243	$-351,749	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK ALBERS	TRUSTEE	1.00	Director	$0	$0	$0
JOHN ALLISON	TRUSTEE	1.00	Director	$0	$0	$0
DAVID ANDERSON	TRUSTEE	1.00	Director	$0	$0	$0
TOM GARDNER	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT MCEWEN	TRUSTEE	1.00	Director	$0	$0	$0
JOHN ROMAIN	PRESIDENT	1.00	Director	$0	$0	$0
ROBERT KING	COO	1.00	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
2025	$1,231,855	$1,075,612	$2,960,975	$156,243
2024	$1,568,550	$1,920,299	$2,923,609	$-351,749
2023	$1,621,609	$2,064,608	$3,424,194	$-442,999
2022	$1,419,837	$1,806,732	$3,611,326	$-386,895
2021	$2,485,133	$586,895	$3,737,998	$1,898,238
2020	$2,237,992	$2,805,330	$2,411,460	$-567,338
2019	$2,227,549	$3,345,348	$2,318,441	$-1,117,799

THE GRACE FOUNDATION