Grit & Grace A Recovery Community Organization Inc (EIN 861280282) - 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

Bill Carruthers

Tax Period

2024-01-01 to 2024-12-31

Grit & Grace A Recovery Community Organization Inc, founded in 2021, is a small nonprofit in the Mental Health sector that reported $340K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Grit Grace provides recovery support to individuals and families in the community that are in recovery or seeking recovery from substance abuse and mental health challenges.

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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 $339,830

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $339,830

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,071

Fundraising Expenses $0

Program Expenses $273,050

Other Expenses $218,956

TOTAL EXPENSES $336,027

Year-over-Year Comparison

	2024	2023	Change
Revenue	$339,830	$297,515	+0.1%
Expenses	$336,027	$253,455	+0.3%
Net Income	$3,803	$44,060	-0.9%

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

Total Directors

Key Employees

$60,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bill Carruthers	Executive Director	040.00	Key Emp	$60,000	$0	$60,000
Doreen Williams	Chairman	001.00	Director	$0	$0	$0
Carolyn Peacock	Secretary	001.00	Director	$0	$0	$0
Paula Boyd	Member	001.00	Director	$0	$0	$0
Walter Nunally	Member	001.00	Director	$0	$0	$0
Shevander Dykes	Member	001.00	Director	$0	$0	$0
Suzanne Kilgore	Member	001.00	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	$339,830	$336,027	$80,358	$3,803
2023	$297,515	$253,455	$55,715	$44,060

Grit & Grace A Recovery Community Organization Inc