THE GRACE NETWORK (EIN 881206758) - 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

2022

Legal Domicile

Principal Officer

SARAH AIROLA

Phone

3125431448

Tax Period

2024-03-01 to 2025-02-28

THE GRACE NETWORK, founded in 2022, is a small nonprofit in the Education sector that reported $318K in total revenue in fiscal year 2023. Revenue surged 217% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 20% operating margin.

Mission

WE WORK WITH OUR SCHOOL PARTNERS TO PROVIDE BASIC HEALTH AND HYGIENE ITEMS TO STUDENTS LACKING ACCESS TO BASIC NECESSITIES. THROUGH A NETWORK OF OVER 130 SCHOOLS THROUGHOUT CHICAGO, WE SUPPORT MORE THAN 5000 STUDENTS AND HAVE A LONG WAITLIST OF SCHOOLS HOPING TO PARTNER WITH US AS WE GROW.

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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 $346,936

Program Service Revenue $0

Investment Income $0

Other Revenue $1,313

TOTAL REVENUE $348,249

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,813

Program Expenses $227,664

Other Expenses $264,673

TOTAL EXPENSES $264,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$348,249	$318,006	+0.1%
Expenses	$264,673	$252,864	+0.0%
Net Income	$83,576	$65,142	+0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
SARAH AIROLA	PRESIDENT	5.00	Officer Director	$0	$0	$0
RYAN AIROLA	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
TARA CALL	TREASURER	5.00	Officer Director	$0	$0	$0
KATHLEEN MALONE	SECRETARY	5.00	Officer Director	$0	$0	$0
JAMES PETRUNGARO	DIRECTOR	5.00	Director	$0	$0	$0
MELANIE MADIGAN	DIRECTOR	5.00	Director	$0	$0	$0
KATE PETRUNGARO	DIRECTOR	5.00	Director	$0	$0	$0
RYAN KING	DIRECTOR	5.00	Director	$0	$0	$0
JO ANN CLEMEN	DIRECTOR	5.00	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
2025	$348,249	$264,673	$233,154	$83,576
2024	$318,006	$252,864	$163,269	$65,142

THE GRACE NETWORK