Ark of Grace Ministries Inc (EIN 844778838) - 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

2021

Legal Domicile

Principal Officer

Amanda Wagner

Phone

8452604310

Tax Period

2023-01-01 to 2023-12-31

Ark of Grace Ministries Inc, founded in 2021, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 31% operating deficit.

Mission

Spiritual Education and Animal Sanctuary

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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 $1,790,216

Program Service Revenue $0

Investment Income $27

Other Revenue $0

TOTAL REVENUE $1,790,243

Expense Breakdown

Grants Paid $132,273

Salaries & Benefits $943,002

Fundraising Expenses $19,681

Program Expenses $2,053,843

Other Expenses $1,277,202

TOTAL EXPENSES $2,352,477

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,790,243	$2,565,445	-0.3%
Expenses	$2,352,477	$2,115,646	+0.1%
Net Income	$-562,234	$449,799	-2.2%

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

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

$145,000

Total Directors

$145,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amanda Wagner	Director	30.00	Officer Director	$145,000	$0	$145,000
Richard Lombardi	Director	1.00	Director	$0	$0	$0
Louise Lombardi	Director	1.00	Director	$0	$0	$0
Christopher Wagner	Director	2.00	Director	$0	$0	$0
Donne Clement	Director	1.00	Director	$0	$0	$0
Aaron Antis	Director	1.00	Director	$0	$0	$0
Deborah Antis	Director	1.00	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
2024	No data	No data	No data	No data
2023	$1,790,243	$2,352,477	$1,874,259	$-562,234
2022	$2,565,445	$2,115,646	$2,434,751	$449,799
2021	$2,298,179	$764,643	$1,922,812	$1,533,536

Ark of Grace Ministries Inc