THE GRADY HEALTH FOUNDATION INC (EIN 582130437) - 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

1993

Legal Domicile

Principal Officer

JOSELYN BUTLER BAKER

Phone

4044891550

Tax Period

2024-01-01 to 2024-12-31

THE GRADY HEALTH FOUNDATION INC, founded in 1993, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $61.2M in total revenue in fiscal year 2024. Revenue surged 133% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36.5M, a strong 60% operating margin.

Mission

THE MISSION OF THE GRADY HEALTH FOUNDATION (ALSO REFERRED TO AS THE FOUNDATION OR THE ORGANIZATION) IS TO GROW BOTH PHILANTHROPIC SUPPORT AND BROAD-BASED UNDERSTANDING OF THE CRITICAL ROLE THAT GRADY HEALTH SYSTEM PLAYS IN THE METRO ATLANTA REGION.

🔒

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 $55,266,592

Program Service Revenue $2,800,978

Investment Income $1,550,171

Other Revenue $1,549,152

TOTAL REVENUE $61,166,893

Expense Breakdown

Grants Paid $17,771,285

Salaries & Benefits $2,512,437

Fundraising Expenses $1,879,884

Program Expenses $21,020,031

Other Expenses $4,172,008

TOTAL EXPENSES $24,683,352

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,166,893	$26,238,559	+1.3%
Expenses	$24,683,352	$20,580,425	+0.2%
Net Income	$36,483,541	$5,658,134	+5.4%

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

210

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

$535,358

Total Directors

Key Employees

$669,764

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAN COOPER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JUSTIN BERMAN	FINANCE COMMITTEE CHAIR	2.00	Officer Director	$0	$0	$0
ANDREW DREW W EVANS	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID HARTNETT	BOARD MEMBER	1.00	Director	$0	$0	$0
DEISHA BARNETT	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIOT ARNOVITZ	BOARD MEMBER	1.00	Director	$0	$0	$0
HENRY GRADY III	BOARD MEMBER	1.00	Director	$0	$0	$0
HENRY WALKER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN M HAUPERT	BOARD MEMBER, EX-OFFICIO	5.00	Director	$0	$0	$0
KENNETH BERNHARDT	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNEDY HICKS	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
DEREK GOSHAY	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL RENDER	BOARD MEMBER	1.00	Director	$0	$0	$0
NIKKI STEPHENSON	BOARD MEMBER	1.00	Director	$0	$0	$0
PASCAL R LEWIS	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICE GREER	BOARD MEMBER	1.00	Director	$0	$0	$0
RILEY BLOUNT	BOARD MEMBER	1.00	Director	$0	$0	$0
SANDEEP SONI	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT LIGHT	BOARD MEMBER	1.00	Director	$0	$0	$0
STACY G FIALKOW	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN R HENNESSY	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH CORRELL RICHARDS	DEVELOPMENT COMMITTEE CHAIR	2.00	Officer Director	$0	$0	$0
ELLEN LANDERS	GOVERNANCE COMMITTEE CHAIR	2.00	Officer Director	$0	$0	$0
STEPHANIE JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
DANETTE JOSLYN-GAUL	BOARD MEMBER	1.00	Director	$0	$0	$0
ADDISON MERIWETHER	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN MURRIEL	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICK BOUSHKA	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSELYN BUTLER BAKER	PRESIDENT, EX-OFFICIO MEMBER	40.00	Officer	$0	$21,590	$535,358
DAPHANIE COOK	EXEC. DIRECTOR OF FINANCE	40.00	Key Emp	$0	$21,388	$215,799
NATALIE UPDIKE	EXEC DIRECTOR OF DEVELOPMENT	40.00	Key Emp	$0	$14,744	$229,751
JEFF ESOLA	EXEC DIRECTOR OF OPS & STEWARDSHIP	40.00	Key Emp	$0	$14,757	$224,214

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	$61,166,893	$24,683,352	$90,465,858	$36,483,541
2023	$26,238,559	$20,580,425	$53,797,070	$5,658,134
2022	$23,438,249	$18,755,526	$47,947,395	$4,682,723
2021	$12,481,516	$17,313,591	$41,862,389	$-4,832,075
2020	$17,297,932	$30,442,487	$47,373,228	$-13,144,555
2019	$18,134,073	$30,893,260	$59,301,388	$-12,759,187
2018	$36,551,687	$14,427,147	$70,933,970	$22,124,540

THE GRADY HEALTH FOUNDATION INC