GRACE BASED FILMS INC (EIN 844720181) - 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

2019

Legal Domicile

Principal Officer

BRIAN IDE

Phone

3107954423

Tax Period

2023-01-01 to 2023-12-31

GRACE BASED FILMS INC, founded in 2019, is a small nonprofit in the Religion sector that reported $354K in total revenue in fiscal year 2023. Revenue surged 196% from the prior year, signaling strong growth momentum. Expenses of $428K exceeded revenue, resulting in a 21% operating deficit.

Mission

GRACE-BASED FILMS IS A 501(C)3 FILM PRODUCTION COMPANY BASED IN HOLLYWOOD. WE TELL UNIVERSAL STORIES THAT REVEAL THE COMPLEXITY OF LIVING A LIFE IN HOPE AND FAITH. WE HAVE RE-ENVISIONED THE TYPICAL FILM BUSINESS MODEL. BY FUNDING OUR FILMS THROUGH DONORS RATHER THAN INVESTORS, WE GET TO PUT PEOPLE TO WORK AND OUR PROFITS GO TOWARD FUTURE STORIES AND PHILANTHROPY, RATHER THAN INVESTORS AND FILMMAKERS.

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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 $353,783

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $353,783

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,716

Fundraising Expenses $0

Program Expenses $425,841

Other Expenses $300,028

TOTAL EXPENSES $427,744

Year-over-Year Comparison

	2023	2022	Change
Revenue	$353,783	$119,637	+2.0%
Expenses	$427,744	$382,167	+0.1%
Net Income	$-73,961	$-262,530	-0.7%

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

N/A

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

$62,888

Total Directors

$62,888

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN IDE	CEO & PRESIDENT	20.00	Officer Director	$0	$0	$48,866
CARL T ANDERSON	SECRETARY	15.00	Officer Director	$0	$0	$0
STEVEN FLEENOR	CFO	20.00	Officer Director	$0	$0	$14,022

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	$353,783	$427,744	$65,998	$-73,961
2022	$119,637	$382,167	$139,959	$-262,530
2021	$678,544	$590,145	$402,488	$88,399
2020	$331,667	$22,483	$314,089	$309,184

GRACE BASED FILMS INC