GRACEPOINT CHRISTIAN ACADEMY INC (EIN 611749410) - 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

DAVID WALSWORTH JR

Tax Period

2022-07-01 to 2023-06-30

GRACEPOINT CHRISTIAN ACADEMY INC, founded in 2015, is a small nonprofit in the Education sector that reported $229K in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year. Net assets of $681K represent 36 months of operating reserves.

Mission

BEING DIRECTED BY GOD, WE SEEK TO GUIDE EACH CHILD, BY WAY OF EXAMPLE AND INSTRUCTION, TO THE PINNACLE OF GOD'S LOVE FOR THE WORLD FOUND IN HIS SON, JESUS CHRIST, AND HIS FINISHED WORK ON THE CROSS. FROM THIS FOUNDATION, WE WILL APPLY EVERY OTHER TRUTH AS IT REGARDS THIS LIFE, RAISING UP A GENERATION THAT IS PREPARED TO FACE THE ONSLAUGHT OF AN EVER-CHANGING WORLD AND CULTURE, GROUNDED BIBLICALLY AND STRENGTHENED SPIRITUALLY, ACADEMICALLY, PHYSICALLY, AND SOCIALLY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $84,042

Program Service Revenue $145,353

Investment Income $0

Other Revenue $0

TOTAL REVENUE $229,395

Expense Breakdown

Grants Paid $0

Salaries & Benefits $144,428

Fundraising Expenses $0

Program Expenses $252,050

Other Expenses $107,622

TOTAL EXPENSES $252,050

Year-over-Year Comparison

	2022	2021	Change
Revenue	$229,395	$268,255	-0.1%
Expenses	$252,050	$326,319	-0.2%
Net Income	$-22,655	$-58,064	-0.6%

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

Employees

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL HALBROOK	SECRETARY	N/A	Officer	$0	$0	$0
SUNNI HOFFMAN	VICE PRESIDE	N/A	Officer	$0	$0	$0
DAVID WALSWORTH JR	PRESIDENT	N/A	Officer	$0	$0	$0
JANET MARTIN	TREASURER	N/A	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$229,395	$252,050	$719,413	$-22,655
2022	$268,255	$326,319	$740,726	$-58,064
2021	$207,182	$192,160	$785,395	$15,022
2020	$165,703	$205,434	$786,412	$-39,731
2019	$168,359	$214,983	$813,559	$-46,624
2018	$146,739	$176,831	$833,183	$-30,092

GRACEPOINT CHRISTIAN ACADEMY INC