GROUNDS FOR GRACE INC

EIN: 474661995 501(c)(3) Philanthropy & Grantmaking

CLEARWATER, FL

Total Revenue
$1,794,693
Total Expenses
$1,376,333
Total Assets
$14,296,314
Net Assets
$14,251,314
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
R TOM CHAPMAN
Phone
7273303903
Tax Period
2025-01-01 to 2025-12-31

GROUNDS FOR GRACE INC, founded in 2015, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.8M in total revenue in fiscal year 2025. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $418K, a strong 23% operating margin.

Mission

TO PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF")

Program Service Accomplishments

Program 1
Expenses: $1,375,982

THE ORGANIZATION PROVIDED FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF").

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,087,715
Program Service Revenue $0
Investment Income $703,661
Other Revenue $3,317
TOTAL REVENUE $1,794,693

Expense Breakdown

Grants Paid $1,369,810
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,375,982
Other Expenses $6,523
TOTAL EXPENSES $1,376,333

Year-over-Year Comparison

2025 2024 Change
Revenue $1,794,693 $2,417,945 -0.3%
Expenses $1,376,333 $2,843,458 -0.5%
Net Income $418,360 $-425,513 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
4
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
3
$0
Total Directors
6
$612,149
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA E RING PART YEAR DIRECTOR 1.00
Director
$0 $10,140 $179,009
R TOM CHAPMAN PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
LEE GRAY CHAPMAN VICE PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
TOM LAMBERT DIRECTOR 1.00
Director
$0 $0 $0
ANGELA WALDAUER DIRECTOR 1.00
Director
$0 $0 $0
DAVID D JOHNSON PART YEAR DIRECTOR 1.00
Director
$0 $53,678 $433,140
SUSAN K COLLINS SECRETARY/TREASURER 1.00
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
2025 $1,794,693 $1,376,333 $14,296,314 $418,360
2024 $2,417,945 $2,843,458 $13,605,801 $-425,513
2023 $3,305,315 $1,528,421 $14,304,953 $1,776,894
2022 $1,221,853 $1,834,075 $10,986,759 $-612,222
2021 $5,342,242 $1,625,630 $14,487,436 $3,716,612
2020 $2,066,356 $1,291,154 $8,695,470 $775,202
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GROUNDS FOR GRACE INC with other nonprofits in Florida and across the country.