HOME OF GRACE MINISTRYINC (EIN 462282569) - 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

2011

Legal Domicile

Principal Officer

HENRY TRAN

Phone

9182515371

Tax Period

2023-01-01 to 2023-12-31

HOME OF GRACE MINISTRYINC, founded in 2011, is a small nonprofit in the Religion sector that reported $230K in total revenue in fiscal year 2023. Expenses of $270K exceeded revenue, resulting in a 17% operating deficit.

Mission

HOME OF GRACE ORPHANAGE SUPPORTS THE NEEDS OF UNDERPRIVILEGED CHILDREN AGES 4-12 IN CAMBODIA BY PROVIDING ACCESS TO EDUCATION,FOOD ,SHELTER AND MEDICAL CARE. THE ORPHANAGE ALSO ACTIVELY SUPPLIES THE LOCAL COMMUNITY WITH ECONOMIC AND EDUCATIONAL OPPORTUNITIES.

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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 $229,839

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $229,839

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $240,300

Other Expenses $269,905

TOTAL EXPENSES $269,905

Year-over-Year Comparison

	2023	2022	Change
Revenue	$229,839	$237,013	0.0%
Expenses	$269,905	$195,304	+0.4%
Net Income	$-40,066	$41,709	-2.0%

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

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
NERI C TRAN	Executive Dir.	10.00	Director	$0	$0	$0
HENRY TRAN	Chairman	10.00	Director	$0	$0	$0
LONNIE HAMILTON	VICE CHAIRMAN	1.00	Director	$0	$0	$0
BOB DEMARCO	Treasurer	1.00	Director	$0	$0	$0
DONNA GOODWIN	Secretary	1.00	Director	$0	$0	$0
JAMES LYNCH	BOARD MEMBER	1.00	Director	$0	$0	$0
TINA TRAN NEVILLE	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$229,839	$269,905	$169,453	$-40,066
2022	$237,013	$195,304	$209,519	$41,709
2021	$237,603	$180,909	$167,810	$56,694
2020	$249,967	$184,233	$111,116	$65,734
2019	$298,097	$307,281	$45,382	$-9,184

HOME OF GRACE MINISTRYINC