GRAND PRAIRIE QUALITY OF LIFE FOUNDATION INC (EIN 751831445) - 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

1982

Legal Domicile

Principal Officer

REG CRUMP

Phone

9722643795

Tax Period

2021-01-01 to 2021-12-31

GRAND PRAIRIE QUALITY OF LIFE FOUNDATION INC, founded in 1982, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $56K in total revenue in fiscal year 2021. Revenue surged 181% from the prior year, signaling strong growth momentum. Expenses of $91K exceeded revenue, resulting in a 62% operating deficit.

Mission

GRAND PRAIRIE QUALITY OF LIFE FOUNDATION SEEKS TO IMPROVE THE COMMUNITY OF GRAND PRAIRIE, TEXAS THROUGH GRANTS TO PROVIDE FOR IMPROVEMENT PROJECTS AND TO LOCAL 501(C)(3) ORGANIZATIONS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $56,315

Other Revenue $0

TOTAL REVENUE $56,315

Expense Breakdown

Grants Paid $75,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,000

Other Expenses $16,058

TOTAL EXPENSES $91,058

Year-over-Year Comparison

	2021	2020	Change
Revenue	$56,315	$20,007	+1.8%
Expenses	$91,058	$21,432	+3.2%
Net Income	$-34,743	$-1,425	+23.4%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REG CRUMP	PRESIDENT/DI	1.00	Officer Director	$0	$0	$0
MARSHALL WARDER JR	VICE PRES/DI	1.00	Officer Director	$0	$0	$0
JERRY KING	SEC/TREAS/DI	1.00	Officer Director	$0	$0	$0
GREG GIESSNER	CORP SEC/ASS	1.00	Officer Director	$0	$0	$0
MARSHALL SUTTON	DIRECTOR	1.00	Director	$0	$0	$0
SALLY THORNE	DIRECTOR	1.00	Director	$0	$0	$0
SALLYE MOORE	DIRECTOR	1.00	Director	$0	$0	$0
JEANINE WALKER	DIRECTOR	1.00	Director	$0	$0	$0
DAN CLEMSON	DIRECTOR	1.00	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	$56,315	$91,058	$749,673	$-34,743
2020	$20,007	$21,432	$755,165	$-1,425
2019	$20,143	$48,840	$718,013	$-28,697
2018	$21,200	$25,753	$673,828	$-4,553

GRAND PRAIRIE QUALITY OF LIFE FOUNDATION INC