GRACE KLEIN COMMUNITY INC (EIN 800569639) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

JENNY WALTMAN

Phone

2054907516

Tax Period

2023-01-01 to 2023-12-31

GRACE KLEIN COMMUNITY INC, founded in 2010, is a community nonprofit in the Human Services sector that reported $3.9M in total revenue in fiscal year 2020. Revenue surged 162% from the prior year, signaling strong growth momentum.

Mission

THE ENTITY'S MISSION IS TO PROVIDE CHARITABLE AND EDUCATION SERVICES TO THE POOR, DISTRESSED AND UNDERPRIVILEDGED.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,801,229

Program Service Revenue $0

Investment Income $5,780

Other Revenue $33,290

TOTAL REVENUE $9,840,299

Expense Breakdown

Grants Paid $8,856,047

Salaries & Benefits $411,075

Fundraising Expenses $43,183

Program Expenses $9,524,246

Other Expenses $369,299

TOTAL EXPENSES $9,636,421

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,840,299	$8,475,501	+0.2%
Expenses	$9,636,421	$8,245,382	+0.2%
Net Income	$203,878	$230,119	-0.1%

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

6600

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
JASON WALTMAN	DIRECTOR	37.00	Director	$0	$0	$0
JENNY WALTMAN	DIRECTOR	50.00	Director	$0	$0	$0
SHANNON HASKINS	DIRECTOR	2.00	Director	$0	$0	$0
LARRY KING	DIRECTOR	2.00	Director	$0	$0	$0
JARED THORNTON	DIRECTOR	2.00	Director	$0	$0	$0
SHEILA PARKS	DIRECTOR	2.00	Director	$0	$0	$0
ROB COMPTON	DIRECTOR	2.00	Director	$0	$0	$0
TINA DORIUS	DIRECTOR	2.00	Director	$0	$0	$0
LAURA PICKENS	DIRECTOR	20.00	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
2024	No data	No data	No data	No data
2023	$9,840,299	$9,636,421	$1,307,534	$203,878
2022	$8,475,501	$8,245,382	$888,908	$230,119
2021	$5,311,863	$5,156,996	$686,052	$154,867
2020	$3,914,552	$3,817,853	$555,451	$96,699

GRACE KLEIN COMMUNITY INC