THE SWEET JULIA GRACE FOUNDATION

EIN: 464766027 501(c)(3) Youth Development

MANASSAS, VA

Total Revenue
$232,238
Total Expenses
$183,383
Total Assets
$476,449
Net Assets
$476,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
VA
Principal Officer
SARA KNIGHT
Phone
5712475176
Tax Period
2023-01-01 to 2023-12-31

THE SWEET JULIA GRACE FOUNDATION, founded in 2014, is a small nonprofit in the Youth Development sector that reported $232K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 21% operating margin.

Mission

TO BLESS, CELEBRATE, AND LOVE CHILDREN WHO ARE SERIOUSLY ILL, HAVE SPECIAL NEEDS, OR ARE CURRENTLY FACING A MEDICAL CRISIS.

Program Service Accomplishments

Program 1
Expenses: $108,264

RAINDANCER PROGRAM - THIS PROGRAM SERVES FAMILIES WITH CHILDREN WHO ARE SERIOUSLY ILL, HAVE SPECIAL NEEDS, OR ARE CURRENTLY FACING A MEDICAL CRISIS. SJGF GRANTS WISHES, HELPS FILL IN THE GAPS AND...

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RAINDANCER PROGRAM - THIS PROGRAM SERVES FAMILIES WITH CHILDREN WHO ARE SERIOUSLY ILL, HAVE SPECIAL NEEDS, OR ARE CURRENTLY FACING A MEDICAL CRISIS. SJGF GRANTS WISHES, HELPS FILL IN THE GAPS AND PROVIDES SUPPORT WITH DAY-TO-DAY NEEDS, AND PROVIDES THERAPEUTIC, LIFE CHANGING GIFTS

Program 2
Expenses: $28,123

FAMILY HOLIDAY AND SEASONAL CELEBRATIONS - GIFTS, CRAFTS, ACTIVITIES AND HOLIDAY RELATED ITEMS AND GIFTS AND HOLIDAY/SEASONAL EVENTS WHERE FAMILIES ATTEND TO FELLOWSHIP, MAKE MEMORIES AND SPEND TIME...

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FAMILY HOLIDAY AND SEASONAL CELEBRATIONS - GIFTS, CRAFTS, ACTIVITIES AND HOLIDAY RELATED ITEMS AND GIFTS AND HOLIDAY/SEASONAL EVENTS WHERE FAMILIES ATTEND TO FELLOWSHIP, MAKE MEMORIES AND SPEND TIME AS A COMMUNITY

Program 3
Expenses: $16,943

RAINY DAY PROGRAM - MEDICAL CRISES OFTEN LEAVE FAMILIES STRUGGLING. DAILY EXPENSES INCREASE BECAUSE OF THE CRISIS & CHANGE IN DAILY LIFE. THIS PROGRAM PROVIDES SUPPORT TO FAMILIES TO HELP THEM WITH...

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RAINY DAY PROGRAM - MEDICAL CRISES OFTEN LEAVE FAMILIES STRUGGLING. DAILY EXPENSES INCREASE BECAUSE OF THE CRISIS & CHANGE IN DAILY LIFE. THIS PROGRAM PROVIDES SUPPORT TO FAMILIES TO HELP THEM WITH HOUSE PAYMENTS, UTILITIES, GROCERIES, GAS, MEALS & EXPENSES RELATED TO EXTENDED HOSPITAL STAYS & MEDICAL RELATED VISITS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $265,506
Program Service Revenue $0
Investment Income $0
Other Revenue $-33,268
TOTAL REVENUE $232,238

Expense Breakdown

Grants Paid $170,231
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $170,231
Other Expenses $13,152
TOTAL EXPENSES $183,383

Year-over-Year Comparison

2023 2022 Change
Revenue $232,238 $164,365 +0.4%
Expenses $183,383 $120,444 +0.5%
Net Income $48,855 $43,921 +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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
500

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONNIE COVINGTON DIRECTOR 1.00
Director
$0 $0 $0
TRACI CORBETT DIRECTOR 1.00
Director
$0 $0 $0
ARTHUR GRACE DIRECTOR 1.00
Director
$0 $0 $0
MERRILD HOOVER DIRECTOR 1.00
Director
$0 $0 $0
HOPE CHANG DIRECTOR 1.00
Director
$0 $0 $0
LANAY GEARHART DIRECTOR 1.00
Director
$0 $0 $0
SARA KNIGHT PRESIDENT 40.00
Officer
$0 $0 $0
JASON KNIGHT VICE PRESIDENT 5.00
Officer
$0 $0 $0
JAN RAY 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
2024 No data No data No data No data
2023 $232,238 $183,383 $476,449 $48,855
2018 $124,474 $77,752 $251,414 $46,722
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