Family Promise of Grayson County (EIN 811140179) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Leigh Walker

Phone

9037710322

Tax Period

2023-01-01 to 2023-12-31

Family Promise of Grayson County, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $550K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $284K, a strong 52% operating margin.

Mission

Providing a local day center where families can be together and have access to showers, washers, dryers, a play area for young children, computers for case management, job searches, and on-line classes.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $494,576

Program Service Revenue $0

Investment Income $1,925

Other Revenue $53,825

TOTAL REVENUE $550,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,091

Fundraising Expenses $0

Program Expenses $226,775

Other Expenses $166,971

TOTAL EXPENSES $266,062

Year-over-Year Comparison

	2023	2022	Change
Revenue	$550,326	$388,588	+0.4%
Expenses	$266,062	$371,504	-0.3%
Net Income	$284,264	$17,084	+15.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

270

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

$54,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BECKY FRANK	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MIKE FLANAGAN	VICE CHAIR	0.50	Officer Director	$0	$0	$0
CHRIS BUTLER	TREASURER	1.00	Officer Director	$0	$0	$0
NEAL ALEXANDER	SECRETARY	0.50	Officer Director	$0	$0	$0
KELLY REED	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTY CLOSE	MEMBER	0.50	Officer Director	$0	$0	$0
LARSHA THOMAS	MEMBER	1.00	Officer Director	$0	$0	$0
STEVE SHOWALTER	MEMBER	0.50	Officer Director	$0	$0	$0
FRANK RAHM	MEMBER	0.50	Officer Director	$0	$0	$0
LEIGH WALKER	EXECUTIVE DIRECTOR	45.00	Key Emp Highest	$54,000	$0	$54,000

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	$550,326	$266,062	$431,668	$284,264
2022	$388,588	$371,504	$252,218	$17,084
2021	$245,386	$170,887	$230,742	$74,499
2020	$210,084	$133,611	$172,754	$76,473
2019	$141,349	$169,697	$110,091	$-28,348
2018	$104,046	$118,970	$162,375	$-14,924

Family Promise of Grayson County