FULL OF GRACE FOUNDATION INC (EIN 820714055) - 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

Principal Officer

JRUE HOLIDAY

Phone

9169338251

Tax Period

2023-01-01 to 2023-12-31

FULL OF GRACE FOUNDATION INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $115K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.2M exceeded revenue, resulting in a 917% operating deficit.

Mission

TO BENEFIT LOCAL FAMILIES IN NEED OF VARIOUS RESOURCES REGARDING HEALTH AND MEDICAL CIRCUMSTANCES AND SUPPORT BLACK AND BROWN OWNED BUSINESSES AND NONPROFITS.

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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 $319,778

Program Service Revenue $0

Investment Income $-117,397

Other Revenue $-87,184

TOTAL REVENUE $115,197

Expense Breakdown

Grants Paid $832,500

Salaries & Benefits $0

Fundraising Expenses $2,518

Program Expenses $1,113,044

Other Expenses $338,789

TOTAL EXPENSES $1,171,289

Year-over-Year Comparison

	2023	2022	Change
Revenue	$115,197	$102,365	+0.1%
Expenses	$1,171,289	$1,488,209	-0.2%
Net Income	$-1,056,092	$-1,385,844	-0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
JRUE HOLIDAY	PRESIDENT/DIRECTOR	5.00	Officer Director	$0	$0	$0
LAUREN HOLIDAY	TREASURER/SECRETARY/DIRECT	15.00	Officer 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	$115,197	$1,171,289	$288,896	$-1,056,092
2022	$102,365	$1,488,209	$1,193,435	$-1,385,844
2021	$3,947,950	$1,091,713	$2,940,676	$2,856,237
2020	$27,585	$2,934	$77,705	$24,651
2018	$29,216	$106,571	No data	$-77,355

FULL OF GRACE FOUNDATION INC