PHARMACY OF GRACE INC

EIN: 825372375 501(c)(3)

Kansas City, KS

Total Revenue
$839,459
Total Expenses
$674,576
Total Assets
$974,701
Net Assets
$764,580
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
KS
Principal Officer
John Yost
Phone
9139538260
Tax Period
2023-01-01 to 2023-12-31

PHARMACY OF GRACE INC, founded in 2018, is a small nonprofit that reported $839K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $165K, a strong 20% operating margin.

Mission

(1) The purpose of Pharmacy of Grace, Inc. is to break the cycle of homelessness, poverty, school absentee days, and unemployment caused by unmanaged medical conditions. Many chronic medical conditions (such as hypertension, diabetes, congestive heart failure, asthma, COPD, bi-polar, and migraines) often go unmanaged, which eventually can cause people to seek costly medical care and possible emergency hospitalization. (2) The mission of Pharmacy of Grace is to improve access to prescription medication for uninsured and underinsured individuals and to increase the number of prescription medications, many times at no cost, available to vulnerable populations in Kansas. (3) Our vision is for all people, regardless of age, race, national origin, ethnicity, gender, religion, disability or sexual orientation, to have affordable and sustainable access to prescription medications and pharmacy services that optimize health in our community. Most of all, we will provide hope.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,120,078
Program Service Revenue $0
Investment Income $11
Other Revenue $-280,630
TOTAL REVENUE $839,459

Expense Breakdown

Grants Paid $0
Salaries & Benefits $501,334
Fundraising Expenses $72,047
Program Expenses $544,167
Other Expenses $173,242
TOTAL EXPENSES $674,576

Year-over-Year Comparison

2023 2022 Change
Revenue $839,459 $745,006 +0.1%
Expenses $674,576 $386,307 +0.7%
Net Income $164,883 $358,699 -0.5%
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

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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
13
Independent Members
13
Employees
9
Volunteers
17

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
3
$0
Total Directors
13
$0
Key Employees
1
$186,902
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Fink Pharmacist in Charge 40
Key Emp Highest
$153,939 $32,963 $186,902
John Yost Board Chair 40
Officer Director
$0 $0 $0
Elizabeth Sutherlin Treasurer 40
Officer Director
$0 $0 $0
Sara Yost Secretary 5
Officer Director
$0 $0 $0
Michael Dunaway Director 5
Director
$0 $0 $0
Troy Ross Director 5
Director
$0 $0 $0
Janelle Ruisinger Director 5
Director
$0 $0 $0
Jason Gant Director 5
Director
$0 $0 $0
DJ Kim Director 5
Director
$0 $0 $0
Ryan Matthews Director 10
Director
$0 $0 $0
Mary Jane Muchow Director 5
Director
$0 $0 $0
Carlos Salazar Director 5
Director
$0 $0 $0
Brenda Chumley Director 5
Director
$0 $0 $0
Mary Jane Muchow Director 5
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 $839,459 $674,576 $974,701 $164,883
2022 $745,006 $386,307 $805,636 $358,699
2021 $245,181 $23,526 $243,293 $221,655
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