WE GRACE FOUNDATION (EIN 756012546) - 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

1975

Legal Domicile

Principal Officer

JOHN P GRACE

Phone

8173325256

Tax Period

2024-01-01 to 2024-12-31

WE GRACE FOUNDATION, founded in 1975, is a micro nonprofit that reported $50K in total revenue in fiscal year 2024. Expenses of $67K exceeded revenue, resulting in a 33% operating deficit.

Mission

SCHOLARSHIP PROGRAMS TO SUPPLEMENT F.F.A. PROGRAM AT LAKE WHITNEY HIGH SCHOOL

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $50,394

Other Revenue $0

TOTAL REVENUE $50,394

Expense Breakdown

Grants Paid $15,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,438

Other Expenses $51,483

TOTAL EXPENSES $66,983

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,394	$51,420	0.0%
Expenses	$66,983	$84,235	-0.2%
Net Income	$-16,589	$-32,815	-0.5%

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

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
JOHN P GRACE	PRESIDENT	N/A	Officer	$0	$0	$0
JENNIFER RATTERREE	VICE PRESIDE	N/A	Officer	$0	$0	$0
CLARENCE RICHTER	VP - SCHOLAR	N/A	Officer	$0	$0	$0
PHOEBE GRACE	SECRETARY	N/A	Officer	$0	$0	$0
WESLEY ROLAND	TREASURER	N/A	Officer	$0	$0	$0
TIFFANY GUY	DIRECTOR	N/A	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	$50,394	$66,983	$1,160,701	$-16,589
2023	$51,420	$84,235	$1,173,603	$-32,815
2022	$-20,486	$62,871	$1,206,418	$-83,357
2021	$168,770	$68,991	$1,289,775	$99,779
2020	$33,438	$68,488	$1,189,996	$-35,050
2019	$97,462	$80,510	$1,225,046	$16,952
2018	$139,779	$65,322	$1,208,094	$74,457

WE GRACE FOUNDATION