Hour of Grace Publications Inc

EIN: 581330792 501(c)(3)

ROME, GA

Total Revenue
$55,581
Total Expenses
$52,061
Total Assets
$432,146
Net Assets
$432,146
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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
1978
Legal Domicile
GA
Principal Officer
Marilyn Locklear Jr
Tax Period
2021-01-01 to 2021-12-31

Hour of Grace Publications Inc, founded in 1978, is a micro nonprofit that reported $56K in total revenue in fiscal year 2021. Expenses of $52K left a modest 6% surplus.

Mission

Missionary work in Jamaica

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $55,581
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $55,581

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,000
Fundraising Expenses $0
Program Expenses $8,811
Other Expenses $27,061
TOTAL EXPENSES $52,061

Year-over-Year Comparison

2021 2020 Change
Revenue $55,581 $52,629 +0.1%
Expenses $52,061 $48,316 +0.1%
Net Income $3,520 $4,313 -0.2%
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

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
25

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
5
$24,000
Total Directors
5
$24,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marilyn Lockle President 30
Officer Director
$24,000 $0 $24,000
Marilyn Lockle Officer 10
Officer Director
$0 $0 $0
Merrimac Forsy Bookkeeper 10
Officer Director
$0 $0 $0
Ron Hobgood Officer 10
Officer Director
$0 $0 $0
Marilyn Lockle CFO 20
Officer 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
2021 $55,581 $52,061 $432,146 $3,520
2020 $52,629 $48,316 $428,626 $4,313
2019 $110,419 $76,739 $424,312 $33,680
2018 $114,806 $106,040 $21,339 $8,766
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