GRACE FOR GLORY GLOBAL MINISTRIES I NC (EIN 464513577) - 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

KATHY R COPE

Phone

9045535895

Tax Period

2023-01-01 to 2023-12-31

GRACE FOR GLORY GLOBAL MINISTRIES I NC, founded in 2014, is a small nonprofit in the Religion sector that reported $135K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $153K exceeded revenue, resulting in a 13% operating deficit.

Mission

GLORIFY AND MAGNIFY GOD THE FATHER OUR LORD JESUS CHRIST. TO TEACH, PREACH, EDIFY, ENCOURAGE, STRENGTHEN, AND DISCIPLE THE BODY OF CHRIST LOCALLY, NATIONALLY, AND INTERNATIONALLY. OUR SPECIFIC FOCUS IS ON THE COUNTRY OF HAITI. WE WILL ALSO PROVIDE FOOD, CLOTHING, SHELTER, EDUCATION AND VOCATIONAL TRAINING FOR MEN, WOMEN, AND CHILDREN. OTHER HUMANITARIAN AND CHARITABLE PURPOSES MAY ALSO BE FULFILLED AS ENUMERATED IN THE BY LAWS OF THIS CORPORATION.

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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 $135,366

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $135,366

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $18,915

Program Expenses $127,430

Other Expenses $152,757

TOTAL EXPENSES $152,757

Year-over-Year Comparison

	2023	2022	Change
Revenue	$135,366	$147,532	-0.1%
Expenses	$152,757	$163,911	-0.1%
Net Income	$-17,391	$-16,379	+0.1%

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

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

$4,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY R COPE	PRESIDENT	5.00	Officer	$4,500	$0	$4,500
LAFAYETTE L COPE	VICE PRESIDE	5.00	Officer	$0	$0	$0
CHARLES KENT	TREASURER	5.00	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
2023	$135,366	$152,757	$206,539	$-17,391
2022	$147,532	$163,911	$224,710	$-16,379
2021	$169,252	$123,250	$241,283	$46,002
2020	$203,771	$93,210	$193,766	$110,561
2018	$182,024	$129,562	$89,192	$52,462

GRACE FOR GLORY GLOBAL MINISTRIES I NC