GRACE PLACE MINISTRY INC (EIN 472033381) - 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

Phone

6158813976

Tax Period

2023-01-01 to 2023-12-31

GRACE PLACE MINISTRY INC, founded in 2014, is a community nonprofit in the Housing & Shelter sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 61% operating margin.

Mission

To empower impoverished single mothers and their children toward developing healthy, safe and independent lives in the local community.

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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 $1,958,173

Program Service Revenue $0

Investment Income $171,503

Other Revenue $91,688

TOTAL REVENUE $2,221,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $421,809

Fundraising Expenses $3,904

Program Expenses $660,116

Other Expenses $443,576

TOTAL EXPENSES $865,385

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,221,364	$1,778,365	+0.2%
Expenses	$865,385	$832,826	+0.0%
Net Income	$1,355,979	$945,539	+0.4%

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

N/A

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

$94,036

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Desneige Vancleave	Executive Dir.	40.00	Officer	$94,036	$0	$94,036
Amanda Foster	Board Chairman	0.00	Director	$0	$0	$0
Brian Stewart	Board Member	0.00	Director	$0	$0	$0
Jamie Abbott	Board Member	0.00	Director	$0	$0	$0
Jody Corley	Board Member	0.00	Director	$0	$0	$0
Kathy Odom	Board Member	0.00	Director	$0	$0	$0
Keith Head	Board Member	0.00	Director	$0	$0	$0
Melissa French	Board Member	0.00	Director	$0	$0	$0
Melissa Rogers	Board Secretary	0.00	Director	$0	$0	$0
Keli Green	Board Member	0.00	Director	$0	$0	$0
Anna Cook	Board Treasurer	0.00	Director	$0	$0	$0
Marshall Cook	Board Member	0.00	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	$2,221,364	$865,385	$5,293,119	$1,355,979
2022	$1,778,365	$832,826	$3,954,858	$945,539
2021	$1,197,840	$671,112	$1,641,735	$526,728
2020	$581,743	$460,053	$1,096,549	$121,690
2019	$745,023	$368,053	$947,699	$376,970
2018	$525,703	$324,817	$531,398	$200,886

GRACE PLACE MINISTRY INC