GRACE CENTER OF HOPE 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

2018

Legal Domicile

Principal Officer

ASHLEY DE WITT

Phone

9316913952

Tax Period

2022-01-01 to 2022-12-31

GRACE CENTER OF HOPE INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $119K in total revenue in fiscal year 2022. Revenue surged 199% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 62% operating margin.

Mission

TO PROVIDESAFE A PLACE FOR CHILDREN AFTER SCHOOL AND DURING THE SUMMER TO SOCIALIZE, RECEIVE MENTORING AND TUTORING.

Program Service Accomplishments

Program 1

Expenses: $31,879 Revenue: $35,533

PROVIDED AFTER SCHOOL CARE FOR AN AVERAGE OF 10 TO 20 CHILDREN THREE DAYS PER WEEK.

Program 2

Expenses: $3,761 Revenue: $3,848

PROVIDE RECREATIONAL ACTIVITIES DURING THE SUMMER FOR GRADE SCHOOL CHILDREN

Program 3

Expenses: $9,000 Revenue: $9,000

PROVIDE MATTRESSES FOR FOSTER CHILDREN

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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 (2022)

Revenue Breakdown

Contributions & Grants $39,381

Program Service Revenue $0

Investment Income $79,390

Other Revenue $0

TOTAL REVENUE $118,771

Expense Breakdown

Grants Paid $9,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,640

Other Expenses $35,855

TOTAL EXPENSES $44,855

Year-over-Year Comparison

	2022	2021	Change
Revenue	$118,771	$39,663	+2.0%
Expenses	$44,855	N/A	N/A
Net Income	$73,916	$39,663	+0.9%

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
ASHLEY DE WTT	CHAIRMAN	002.00	Officer	$0	$0	$0
LYNDI BEAN	SEC/TREAS	002.00	Officer	$0	$0	$0
KATHY DUVENAGE	MANAGER	015.00	Key Emp	$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
2022	$118,771	$44,855	$111,852	$73,916
2020	$32,726	$32,781	$248,244	$-55
2019	$42,511	$40,732	$259,182	$1,779
2018	$41,005	$31,199	$132,864	$9,806