Great Grace Ministries Inc (EIN 834393149) - 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

Tax Period

2024-01-01 to 2024-12-31

Great Grace Ministries Inc, founded in 2018, is a small nonprofit in the Religion sector that reported $125K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

Great Grace Ministries is an evangelistic ministry that believes in SHARING THE GOSPEL and MOBILIZING others to engage in missions. We do that by "Reaching out into our community to connect people to the gospel through service projects and discipleship".

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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 (2024)

Revenue Breakdown

Contributions & Grants $124,922

Program Service Revenue $0

Investment Income $233

Other Revenue $0

TOTAL REVENUE $125,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,774

Fundraising Expenses $6,779

Program Expenses $115,273

Other Expenses $78,840

TOTAL EXPENSES $135,614

Year-over-Year Comparison

	2024	2023	Change
Revenue	$125,155	$86,966	+0.4%
Expenses	$135,614	$108,183	+0.3%
Net Income	$-10,459	$-21,217	-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

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

$52,949

Total Directors

$52,949

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elias Jarillo	President	40.00	Officer Director	$50,000	$2,949	$52,949
Katie Jarillo	Secr/treasurer	40.00	Officer Director	$0	$0	$0
Clint Henry	Director	0.00	Director	$0	$0	$0
Gabriel Heter	Director	0.00	Director	$0	$0	$0
Kelly Cantrell	Director	0.00	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
2025	No data	No data	No data	No data
2024	$125,155	$135,614	$147,912	$-10,459
2023	$86,966	$108,183	$150,721	$-21,217
2022	$200,268	$91,826	$171,586	$108,442
2021	$88,278	$68,469	$62,991	$19,809

Great Grace Ministries Inc