GRASP INTERNATIONAL INCORPORATED (EIN 461731540) - 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

2012

Principal Officer

PATRICIA BENNETT

Phone

4789538249

Tax Period

2023-01-01 to 2023-12-31

GRASP INTERNATIONAL INCORPORATED, founded in 2012, is a small nonprofit in the International Affairs sector that reported $928K in total revenue in fiscal year 2023. Revenue surged 586% from the prior year, signaling strong growth momentum.

Mission

PROVIDE BASIC PHYSICAL NEEDS, SPIRITUAL NEEDS, AND EDUCATIONAL MATERIAL FOR PASTORS/CHURCH LEADERS INTERNATIONALLY AND LOCALLY, AND TRAVEL FOR MISSIONARIES TO RENDER THOSE NEEDS TO THOSE LOCATIONS.

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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 $902,992

Program Service Revenue $0

Investment Income $0

Other Revenue $25,094

TOTAL REVENUE $928,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $304

Program Expenses $961,242

Other Expenses $977,245

TOTAL EXPENSES $977,245

Year-over-Year Comparison

	2023	2022	Change
Revenue	$928,086	$135,334	+5.9%
Expenses	$977,245	$207,385	+3.7%
Net Income	$-49,159	$-72,051	-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

N/A

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
PATRICIA BENNETT	CHAIR	2.00	Officer Director	$0	$0	$0
MAC COOK	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID GRANTHAM	PRESIDENT	2.00	Officer Director	$0	$0	$0
LOGAN GRANTHAM	BOARD MEMBER	2.00	Director	$0	$0	$0
EDDIE HOLBROOK	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE JENKINS	BOARD MEMBER	2.00	Director	$0	$0	$0
JIM PERDUE	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIELA SCHNABLE	BOARD MEMBER	2.00	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
2024	No data	No data	No data	No data
2023	$928,086	$977,245	$1,553,249	$-49,159
2022	$135,334	$207,385	$1,602,408	$-72,051
2021	$175,960	$188,065	$1,674,459	$-12,105
2020	$304,710	$166,589	$1,686,564	$138,121
2019	$575,616	$252,281	$1,548,443	$323,335
2018	$603,801	$305,459	$1,225,108	$298,342

GRASP INTERNATIONAL INCORPORATED