GRACE WILLIAM HEALTH SYSTEM INC

EIN: 871660329 501(c)(3) Mental Health

REISTERSTOWN, MD

Total Revenue
$470,039
Total Expenses
$518,907
Total Assets
$239,496
Net Assets
$-743,508
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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
2022
Principal Officer
ISREAL OJO
Phone
4438656503
Tax Period
2024-01-01 to 2024-12-31

GRACE WILLIAM HEALTH SYSTEM INC, founded in 2022, is a small nonprofit in the Mental Health sector that reported $470K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $519K exceeded revenue, resulting in a 10% operating deficit.

Mission

Provide Mental Services to the Community

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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 $470,018
Program Service Revenue $0
Investment Income $21
Other Revenue $0
TOTAL REVENUE $470,039

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $518,907
TOTAL EXPENSES $518,907

Year-over-Year Comparison

2024 2023 Change
Revenue $470,039 $295,850 +0.6%
Expenses $518,907 $698,029 -0.3%
Net Income $-48,868 $-402,179 -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

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Governance

Voting Members
N/A
Independent Members
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OJO ISREAL DIRECTOR 20
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 $470,039 $518,907 $239,496 $-48,868
2023 $295,850 $698,029 $236,982 $-402,179
2022 $147,210 $369,131 $47,615 $-221,921
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