EFFORTS OF GRACE INC (EIN 721266819) - 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

1998

Legal Domicile

Principal Officer

Joann Minor

Phone

5045699070

Tax Period

2023-01-01 to 2023-12-31

EFFORTS OF GRACE INC, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $4.6M exceeded revenue, resulting in a 35% operating deficit.

Mission

Community based cultural arts programs

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,572,046

Program Service Revenue $441,898

Investment Income $0

Other Revenue $413,300

TOTAL REVENUE $3,427,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,499,829

Fundraising Expenses $34,000

Program Expenses $3,484,906

Other Expenses $3,076,457

TOTAL EXPENSES $4,610,286

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,427,244	$2,501,382	+0.4%
Expenses	$4,610,286	$4,180,139	+0.1%
Net Income	$-1,183,042	$-1,678,757	-0.3%

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

Volunteers

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

$120,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Asali DeVan Ecclesiastes	CEO	50	Key Emp	$120,000	$0	$120,000
Jade Russell	President	2	Director	$0	$0	$0
Lamar Gardere	Vice President	2	Director	$0	$0	$0
Sundiata Haley	Member	2	Director	$0	$0	$0
Judith Dangerfield	Member	2	Director	$0	$0	$0
Jeffery Darensbourg	Member	2	Director	$0	$0	$0
Lakia Robinson	Secretary	2	Director	$0	$0	$0
Jean Guy Celestin	Treasurer	2	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
2024	No data	No data	No data	No data
2023	$3,427,244	$4,610,286	$7,944,422	$-1,183,042
2022	$2,501,281	$4,310,656	$8,095,250	$-1,809,375
2021	$6,712,838	$2,718,398	$9,750,115	$3,994,440
2020	$2,440,146	$1,915,379	$5,653,455	$524,767
2019	$2,101,296	$2,114,958	$4,833,379	$-13,662
2018	$1,103,526	$1,999,963	$4,789,726	$-896,437

EFFORTS OF GRACE INC