GRACE & TRUTH INC (EIN 370841451) - 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

1931

Legal Domicile

Principal Officer

PAUL ALBERTS

Phone

2174421120

Tax Period

2023-01-01 to 2023-12-31

GRACE & TRUTH INC, founded in 1931, is a small nonprofit that reported $362K in total revenue in fiscal year 2019. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $331K left a modest 8% surplus.

Mission

OUR MISSION AND PRIMARY ACTIVITY IS TO PUBLISH AND PRINT CHRISTIAN RELIGIOUS LITERATURE IN THE FORM OF TRACTS, BOOKLETS & MAGAZINES IN AS MANY AS 12 LANGUAGES AND THEN SEND THEM TO MANY COUNTRIES FOR DISTRIBUTION.

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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 $318,087

Program Service Revenue $13,611

Investment Income $10,677

Other Revenue $1,513

TOTAL REVENUE $343,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,650

Fundraising Expenses $0

Program Expenses $420,500

Other Expenses $352,489

TOTAL EXPENSES $440,139

Year-over-Year Comparison

	2023	2022	Change
Revenue	$343,888	$306,408	+0.1%
Expenses	$440,139	$436,848	+0.0%
Net Income	$-96,251	$-130,440	-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

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

$77,413

Total Directors

$78,429

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL ALBERTS	PRESIDENT	40.00	Officer Director	$33,939	$0	$33,939
ALAN GROTH	SECRETARY/TR	29.90	Officer Director	$32,212	$0	$32,212
PAUL T VAN RYN	VICE PRESIDE	11.70	Officer Director	$11,262	$0	$11,262
SAM HADLEY	DIRECTOR	1.30	Director	$1,016	$0	$1,016
DAVID PICKERING	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$343,888	$440,139	$462,099	$-96,251
2022	$306,408	$436,848	$583,043	$-130,440
2021	$815,684	$391,750	$732,351	$423,934
2020	$342,503	$341,498	$305,846	$1,005
2019	$361,523	$331,327	$297,881	$30,196

GRACE & TRUTH INC