GROUNDS FOR GRACE INC (EIN 474661995) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

R TOM CHAPMAN

Phone

7273303903

Tax Period

2024-01-01 to 2024-12-31

GROUNDS FOR GRACE INC, founded in 2015, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $2.8M exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,750,000

Program Service Revenue $0

Investment Income $665,738

Other Revenue $2,207

TOTAL REVENUE $2,417,945

Expense Breakdown

Grants Paid $2,840,891

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,843,023

Other Expenses $2,567

TOTAL EXPENSES $2,843,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,417,945	$3,305,315	-0.3%
Expenses	$2,843,458	$1,528,421	+0.9%
Net Income	$-425,513	$1,776,894	-1.2%

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

Governance

Voting Members

Independent Members

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

$266,693

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANA E RING	DIRECTOR	1.00	Director	$0	$29,331	$266,693
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
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
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

GROUNDS FOR GRACE INC