GRACE - GIVING AND RECEIVING ASSISTANCE FOR OUR COMMUNITY'S ESSENTIALS INC (EIN 851144186) - 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

2020

Legal Domicile

Principal Officer

BRIAN ANGLE

Phone

9082594744

Tax Period

2024-01-01 to 2024-12-31

GRACE - GIVING AND RECEIVING ASSISTANCE FOR OUR COMMUNITY'S ESSENTIALS INC, founded in 2020, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $557K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 22% operating margin.

Mission

PROVIDE THE BASIC NEEDS OF UNDERSERVED INDIVIDUALS AND THEIR FAMILIES IN THE SUMMIT, NJ AREA.

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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 $522,685

Program Service Revenue $0

Investment Income $29,075

Other Revenue $5,295

TOTAL REVENUE $557,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,521

Fundraising Expenses $61,104

Program Expenses $336,828

Other Expenses $328,886

TOTAL EXPENSES $436,407

Year-over-Year Comparison

	2024	2023	Change
Revenue	$557,055	$457,323	+0.2%
Expenses	$436,407	$263,130	+0.7%
Net Income	$120,648	$194,193	-0.4%

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

300

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
AMANDA PARRISH BLOCK	FOUNDER	30.00	Officer Director	$0	$0	$0
APOLLO HREHOROVICH	PRESIDENT	10.00	Officer Director	$0	$0	$0
BRIAN ANGLE	TREASURER	10.00	Officer Director	$0	$0	$0
CHRISTINE SEMCER	SECRETARY	10.00	Officer Director	$0	$0	$0
LILLIAN CHERN	BOARD MEMBER	10.00	Director	$0	$0	$0
ANDREA CASERTA	BOARD MEMBER	10.00	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	$557,055	$436,407	$907,305	$120,648
2023	$457,323	$263,130	$764,075	$194,193
2022	$359,305	$240,982	$548,378	$118,323
2021	$254,883	$168,844	$445,125	$86,039

GRACE - GIVING AND RECEIVING ASSISTANCE FOR OUR COMMUNITY'S ESSENTIALS INC