GRACE HOUSE MINISTRIES INC (EIN 752516762) - 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

1994

Legal Domicile

Principal Officer

CHARLES RICKEY

Phone

8175999080

Tax Period

2023-01-01 to 2023-12-31

GRACE HOUSE MINISTRIES INC, founded in 1994, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 12% surplus.

Mission

COUNSELING AND BENEVOLENT ASSISTANCE TO NEW PARENTS AND THEIR CHILDREN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,139,732

Program Service Revenue $0

Investment Income $10,184

Other Revenue $1,268

TOTAL REVENUE $1,151,184

Expense Breakdown

Grants Paid $144,917

Salaries & Benefits $523,285

Fundraising Expenses $0

Program Expenses $692,844

Other Expenses $347,255

TOTAL EXPENSES $1,015,457

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,151,184	$1,059,532	+0.1%
Expenses	$1,015,457	$858,133	+0.2%
Net Income	$135,727	$201,399	-0.3%

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

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

$65,747

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES RICKEY	EXECUTIVE DI	40.00	Officer	$63,775	$1,972	$65,747
JAKE GROGAN	DIRECTOR	4.00	Director	$0	$0	$0
LIBBY HUTCHINSON	CHAIR	4.00	Officer Director	$0	$0	$0
ASHLIE MCCRIGHT	SECRETARY	4.00	Officer Director	$0	$0	$0
MARK TACKETT	DIRECTOR	4.00	Director	$0	$0	$0
LUCAS TURNER	VICE CHAIR	4.00	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
2024	No data	No data	No data	No data
2023	$1,151,184	$1,015,457	$1,736,591	$135,727
2022	$1,059,532	$858,133	$1,626,557	$201,399
2021	$773,815	$523,896	$1,391,231	$249,919
2020	$621,988	$498,408	$1,147,910	$123,580
2019	$481,128	$428,976	$1,069,551	$52,152
2018	$407,858	$393,354	$1,060,213	$14,504

GRACE HOUSE MINISTRIES INC