GLOBAL GRACE HEALTH

EIN: 861614832 501(c)(3) Health Care

EAGAN, MN

Total Revenue
$90,756
Total Expenses
$113,712
Total Assets
$8,310
Net Assets
$7,060
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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
Principal Officer
DR JOSEPH P PATURI
Phone
5073983631
Tax Period
2024-01-01 to 2024-12-31

GLOBAL GRACE HEALTH, founded in 2021, is a micro nonprofit in the Health Care sector that reported $91K in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. Expenses of $114K exceeded revenue, resulting in a 25% operating deficit.

Mission

GLOBAL GRACE HEALTH EXISTS TO ADVANCE HEALTH, HYGIENE AND WELLNESS GLOBALLY THROUGH EFFECTIVE EDUCATION, SCIENTIFIC RESEARCH, MODERN TECHNOLOGY AND INNOVATIVE METHODOLOGY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,658
Program Service Revenue $70,098
Investment Income $0
Other Revenue $0
TOTAL REVENUE $90,756

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $110,129
Other Expenses $13,712
TOTAL EXPENSES $113,712

Year-over-Year Comparison

2024 2023 Change
Revenue $90,756 $45,925 +1.0%
Expenses $113,712 $28,721 +3.0%
Net Income $-22,956 $17,204 -2.3%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VARMA JAMPANA TREASURER N/A
Officer
$0 $0 $0
DR JOSEPH P PATURI PRESIDENT N/A
Officer
$0 $0 $0
DR KIRAN AVANCHA DIRECTOR N/A
Director
$0 $0 $0
DR CHINNABABU SUNKAVALLI DIRECTOR N/A
Director
$0 $0 $0
MR SURESH BONDUGULA DIRECTOR N/A
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 $90,756 $113,712 $8,310 $-22,956
2022 $87,851 $88,235 $14,060 $-384
2021 $111,355 $98,159 $18,196 $13,196
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