THE GOOD ACRE (EIN 471663334) - 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

THERESA MCCORMICK

Phone

6514937158

Tax Period

2023-01-01 to 2023-12-31

THE GOOD ACRE, founded in 2014, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 81% from the prior year, signaling strong growth momentum.

Mission

WE CONNECT AND STRENGTHEN FARMERS, FOOD MAKERS, AND COMMUNITIES THROUGH GOOD FOOD.

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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 $1,655,201

Program Service Revenue $230,269

Investment Income $1,960

Other Revenue $251,766

TOTAL REVENUE $2,139,196

Expense Breakdown

Grants Paid $363,822

Salaries & Benefits $1,142,221

Fundraising Expenses $252,057

Program Expenses $1,598,819

Other Expenses $756,934

TOTAL EXPENSES $2,262,977

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,139,196	$1,182,522	+0.8%
Expenses	$2,262,977	$2,077,020	+0.1%
Net Income	$-123,781	$-894,498	-0.9%

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

Volunteers

180

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

$124,103

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THERESA MCCORMICK	EXECUTIVE DI	40.00	Officer	$120,489	$3,614	$124,103
MEGAN MORGAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
TINA MAY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DAVE FREDERICKSON	TREASURER	1.00	Officer Director	$0	$0	$0
BETH DOOLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
BETH FRITCHER	DIRECTOR	1.00	Director	$0	$0	$0
HELENE MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
HUONG NGUYEN	DIRECTOR	1.00	Director	$0	$0	$0
SARA POLAD	DIRECTOR	1.00	Director	$0	$0	$0
HARVEY RUPERT	DIRECTOR	1.00	Director	$0	$0	$0
MARK SEELEY	DIRECTOR	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	$2,139,196	$2,262,977	$1,123,549	$-123,781
2022	$1,182,522	$2,077,020	$1,265,392	$-894,498
2021	$2,336,173	$1,702,212	$2,161,801	$633,961
2020	$1,250,517	$1,688,853	$1,648,232	$-438,336
2019	$2,918,147	$1,183,242	$2,009,892	$1,734,905
2018	$951,878	$1,196,221	$190,071	$-244,343

THE GOOD ACRE