HANNAH GRACE HOMES INC

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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

DAVID C GIBBS III

Phone

8882336255

Tax Period

2017-04-10 to 2017-12-31

HANNAH GRACE HOMES INC, founded in 2017, is a small nonprofit that reported $554K in total revenue in fiscal year 2017. Expenses of $535K left a modest 3% surplus.

Mission

HANNAH GRACE HOMES PROVIDES AN ATMOSPHERE AS CLOSE TO A "NORMAL" HOME AS POSSIBLE. A SAFE HAVEN FOR YOUNG WOMEN, NEGLECTED AND ABUSED GIRLS. HANNAH GRACE HOMES OPERATES FROM A BIBLICAL WORLDVIEW AND TEACHES EVERY GIRL SHE IS LOVED BY GOD AND HAS A PLACE TO BELONG IN CHRIST.

Program Service Accomplishments

Program 1

Expenses: $448,301

FOUNDED IN 2017 AS A NONTRADITIONAL GROUP HOME, EACH RESIDENCE HOUSE 8-10 GIRLS, PRIMARILY IN THE AGE GROUP OF 8-17. TWO SETS OF HOUSE PARENTS RESIDE IN EACH HOME ON A ROTATING BASIS.HANNAH GRACE...

FOUNDED IN 2017 AS A NONTRADITIONAL GROUP HOME, EACH RESIDENCE HOUSE 8-10 GIRLS, PRIMARILY IN THE AGE GROUP OF 8-17. TWO SETS OF HOUSE PARENTS RESIDE IN EACH HOME ON A ROTATING BASIS.HANNAH GRACE HOMES, INC. OPERATES IN THE STATE OF FLORIDA AS A LICENSED RESIDENTIAL FOSTER CARE PROGRAM, AND PARTNERS WITH COMMUNITY-BASED AGENCIES AUTHORIZED UNDER STATE GUIDELINES.RESIDENCE ARRIVE AFTER THEIR INITIAL RESCUE OR AFTER A FOSTER HOME SITUATION BECOMES UNWORKABLE. DAYS ARE FILLED WITH NUTRITIOUS MEALS AND POSITIVE ACTIVITIES. HOUSE PARENTS POUR OUT WORDS AND ACTIONS THAT DISPLAY THE LOVE OF CHRIST FOR THESE YOUNG WOMEN.

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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 (2017)

Revenue Breakdown

Contributions & Grants $523,508

Program Service Revenue $30,260

Investment Income $0

Other Revenue $0

TOTAL REVENUE $553,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,594

Fundraising Expenses $1,821

Program Expenses $448,301

Other Expenses $382,348

TOTAL EXPENSES $534,942

Year-over-Year Comparison

	2017	2016	Change
Revenue	$553,768	N/A	N/A
Expenses	$534,942	N/A	N/A
Net Income	$18,826	N/A	N/A

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

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
GERARD TRASK	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
DAVID C GIBBS III	PRESIDENT & CHARIMAN	1.00	Officer Director	$0	$0	$0
TIMOTHY KELLEY	DIRECTOR	1.00	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
2017	$553,768	$534,942	$18,826	$18,826