GRACE EDUCATION & BUSINESS COMMUNITY CENTER INC (EIN 474073406) - 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

2015

Legal Domicile

Principal Officer

Joann Thompson

Phone

7725790251

Tax Period

2023-01-01 to 2023-12-31

GRACE EDUCATION & BUSINESS COMMUNITY CENTER INC, founded in 2015, is a small nonprofit in the Education sector that reported $202K in total revenue in fiscal year 2023. Expenses of $174K left a modest 14% surplus.

Mission

Our Mission is to provide high quality and rigorous education and tutoring to all students with a heavy concentration on mastering reading comprehension and mathematics skills in a blended learning environment, as they prepare for greatness.

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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 $201,789

Program Service Revenue $0

Investment Income $8

Other Revenue $0

TOTAL REVENUE $201,797

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,986

Fundraising Expenses $0

Other Expenses $61,890

TOTAL EXPENSES $173,876

Year-over-Year Comparison

	2023	2022	Change
Revenue	$201,797	N/A	N/A
Expenses	$173,876	N/A	N/A
Net Income	$27,921	N/A	N/A

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

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

Total Directors

$45,757

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Joann Thompson	Director	Director	$45,757	$0	$45,757
Ella Wimes	Director	Director	$0	$0	$0
Randy Toombs	Vice President	Officer	$0	$0	$0
Alfonso Chester	Treasurer	Officer	$0	$0	$0
Anthony Thompson	President	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	$201,797	$173,876	$24,731	$27,921
2021	$212,476	$176,217	$75,255	$36,259

GRACE EDUCATION & BUSINESS COMMUNITY CENTER INC