GRACE IMPACT DEVELOPMENT CENTER INC (EIN 815401824) - 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

2017

Legal Domicile

Phone

8435070077

Tax Period

2023-01-01 to 2023-12-31

GRACE IMPACT DEVELOPMENT CENTER INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $222K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $200K left a modest 10% surplus.

Mission

Grace Impact Development Center exist to create organize incubate and fund programming in the areas of Healhcare Housing Employment and Education for At Risk Populations throughout Berkeley County SC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $208,307

Program Service Revenue $0

Investment Income $0

Other Revenue $13,740

TOTAL REVENUE $222,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $147,319

Other Expenses $200,471

TOTAL EXPENSES $200,471

Year-over-Year Comparison

	2023	2022	Change
Revenue	$222,047	$280,171	-0.2%
Expenses	$200,471	$227,373	-0.1%
Net Income	$21,576	$52,798	-0.6%

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

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
Delores Pinckney Williams	Treasurer	1.00	Officer	$0	$0	$0
Edmund Vice	Member	0.50	Director	$0	$0	$0
Jerald Borden Jr	Member	0.50	Director	$0	$0	$0
Jessica Watkins	Member	0.50	Director	$0	$0	$0
Latorie S Lloyd	Member	0.50	Director	$0	$0	$0
Tory Liferidge	Executive Director	10.00	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
2023	$222,047	$200,471	$183,928	$21,576
2022	$280,171	$227,373	$188,614	$52,798
2022	$280,171	$227,373	$188,614	$52,798
2021	$353,246	$413,908	$162,513	$-60,662

GRACE IMPACT DEVELOPMENT CENTER INC