GRACE AT THE GREEN LIGHT INC

EIN: 471409798 501(c)(3) Housing & Shelter

NEW ORLEANS, LA

Total Revenue
$758,084
Total Expenses
$676,952
Total Assets
$298,019
Net Assets
$270,202
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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
LA
Principal Officer
WILLIAM CHRISTOPHER BEARY
Phone
5042998724
Tax Period
2024-01-01 to 2024-12-31

GRACE AT THE GREEN LIGHT INC, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $758K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $677K left a modest 11% surplus.

Mission

OFFERING NEW ORLEANS UNHOUSED POPULATION CHOICES WHILE PROVIDING FOR THEIR BASIC NEEDS (WATER, FOOD, CLOTHING, AND COMMUNITY) IN A LOVING MANNER THAT EMBRACES THE HUMAN SPIRIT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $756,084
Program Service Revenue $2,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $758,084

Expense Breakdown

Grants Paid $88,752
Salaries & Benefits $272,081
Fundraising Expenses $4,500
Program Expenses $482,808
Other Expenses $316,119
TOTAL EXPENSES $676,952

Year-over-Year Comparison

2024 2023 Change
Revenue $758,084 $556,111 +0.4%
Expenses $676,952 $586,849 +0.2%
Net Income $81,132 $-30,738 -3.6%
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

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Governance

Voting Members
14
Independent Members
12
Employees
N/A
Volunteers
4000

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
1
$75,000
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICE WRIGHT BOARD MEMBER 2.00
Director
$0 $0 $0
ALIDA GLASS BOARD MEMBER 2.00
Director
$0 $0 $0
ANGELA RILEY BOARD MEMBER 2.00
Director
$0 $0 $0
AQUIL BEY BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS BEARY BOARD CHAIR 15.00
Director
$0 $0 $0
ELLEN O'RILEY BOARD MEMBER 2.00
Director
$0 $0 $0
GEORGE GRANT BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER THIBODEAUX BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN FERGUSON BOARD MEMBER 2.00
Director
$0 $0 $0
LAVERNE TOOMBS BOARD MEMBER 2.00
Director
$0 $0 $0
NICK PERRET BOARD MEMBER 2.00
Director
$0 $0 $0
RICH ARNOLD BOARD MEMBER 2.00
Director
$0 $0 $0
C RUSSELL SHEARER BOARD MEMBER 2.00
Director
$0 $0 $0
TYSON VANLANDINGHAM BOARD MEMBER 2.00
Director
$0 $0 $0
SARAH PARKS EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $75,000
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 $758,084 $676,952 $298,019 $81,132
2022 $629,676 $656,682 $166,190 $-27,006
2021 $871,400 $861,312 $193,196 $10,088
2020 $799,144 $657,000 $183,108 $142,144
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