GRACE INITIATIVE GLOBAL

EIN: 811195310 501(c)(3) International Affairs

Dorset, VT

Total Revenue
$190,785
Total Expenses
$276,918
Total Assets
$18,625
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
2023
Legal Domicile
VT
Principal Officer
Yvonne Lodico
Phone
8024305135
Tax Period
2024-01-01 to 2024-12-31

GRACE INITIATIVE GLOBAL, founded in 2023, is a small nonprofit in the International Affairs sector that reported $191K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $277K exceeded revenue, resulting in a 45% operating deficit.

Mission

Grace Initiative Global's humanitarian resettlement aims to bring about Economic Self-Sufficiency for people who have entered legally into the US, through a Matching Grant program. The aim of the program is to help these entrants gain economic self-sufficiency without accessing government cash assistance or government housing, through a 240-day program. To guide legal entrants to economic self-sufficiency, without dependency on government cash assistance, Grace Initiative provides tailored: Mentoring in Life Skills English Language Learning Employment Placement Education and Training Trauma Care and Wellness

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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 (2024)

Revenue Breakdown

Contributions & Grants $190,785
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $190,785

Expense Breakdown

Grants Paid $156,797
Salaries & Benefits $9,846
Fundraising Expenses $0
Program Expenses $276,918
Other Expenses $110,275
TOTAL EXPENSES $276,918

Year-over-Year Comparison

2024 2023 Change
Revenue $190,785 $146,256 +0.3%
Expenses $276,918 $185,008 +0.5%
Net Income $-86,133 $-38,752 +1.2%
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
5
Independent Members
5
Employees
N/A
Volunteers
6

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
0
$0
Total Directors
1
$32,001
Key Employees
4
$40,721
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Yvonne Lodico Director 40
Director Key Emp
$0 $32,001 $32,001
Melissa Jarvis Case Management 40
Key Emp
$0 $4,704 $4,704
Rabika Arshad Assistant 40
Key Emp
$0 $2,008 $2,008
Kaynat Arshad Assistant 40
Key Emp
$0 $2,008 $2,008
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 $190,785 $276,918 $18,625 $-86,133
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