GRACE LADIES OF DISTINCTION

EIN: 810907650 501(c)(3) Human Services

West Bloomfield, MI

Total Revenue
$6,200
Total Expenses
$7,980
Total Assets
N/A
Net Assets
N/A
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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
2016
Legal Domicile
MI
Tax Period
2023-01-01 to 2023-12-31

GRACE LADIES OF DISTINCTION, founded in 2016, is a micro nonprofit in the Human Services sector that reported $6K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $8K exceeded revenue, resulting in a 29% operating deficit.

Mission

OUR MISSION IS TO BUILD VALUES IN WOMEN AND CHILDREN. TO GIVE COMPREHENSIVE ASSISTANCE TO THE HOMELESS, FEMALE INMATES, TEENAGE PREGNANCY, SUBSTANCE ABUSERS, AND ORPHANAGE OF ALL AGES.....

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,200
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,980
Other Expenses $7,980
TOTAL EXPENSES $7,980

Year-over-Year Comparison

2023 2022 Change
Revenue $6,200 $5,500 +0.1%
Expenses $7,980 $7,550 +0.1%
Net Income $-1,780 $-2,050 -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

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Governance

Voting Members
2
Independent Members
1
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IRENE OSHIYOYE OWNER 40.00
Officer
$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
2023 $6,200 $7,980 No data $-1,780
2022 $5,500 $7,550 No data $-2,050
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