GROVE PARK RENEWAL INC (EIN 832483067) - 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

2018

Legal Domicile

Phone

4043961140

Tax Period

2023-01-01 to 2023-12-31

GROVE PARK RENEWAL INC, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 22% operating deficit.

Mission

Grove Park Renewal seeks to provide a quality living experience for neighborhood residents and empower those who desire to connect with and contribute to the community and participate in the renewal process in Grove Park.

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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 $416,558

Program Service Revenue $739,309

Investment Income $0

Other Revenue $2,219

TOTAL REVENUE $1,158,086

Expense Breakdown

Grants Paid $3,200

Salaries & Benefits $361,245

Fundraising Expenses $16,889

Program Expenses $1,183,902

Other Expenses $1,047,649

TOTAL EXPENSES $1,412,094

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,158,086	$2,005,179	-0.4%
Expenses	$1,412,094	$661,549	+1.1%
Net Income	$-254,008	$1,343,630	-1.2%

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

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

$63,716

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Justin Bleeker	Executive Director	50	Officer	$63,716	$0	$63,716
Imani Swoope	Secretary	1	Director	$0	$0	$0
Donovan Porter	Director	1	Director	$0	$0	$0
Samuel Dimon	Director	1	Director	$0	$0	$0
Darryl Levette	Director	1	Director	$0	$0	$0
Lecrae Moore	Director	1	Director	$0	$0	$0
Preston Perry	Director	1	Director	$0	$0	$0
Erin Bradley	Director	1	Director	$0	$0	$0
Dawn Collier	Director	1	Director	$0	$0	$0
Lindsay Chuck	Director	1	Director	$0	$0	$0
Erika Brown	Board Chair	1	Officer	$0	$0	$0
Hessel Baker	Treasurer	1	Officer	$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	$1,158,086	$1,412,094	$10,839,860	$-254,008
2022	$2,005,179	$661,549	$7,079,503	$1,343,630
2021	$822,500	$620,575	$4,775,047	$201,925
2020	$493,824	$405,466	$4,588,186	$88,358

GROVE PARK RENEWAL INC