GRACE HOME CARE INC

EIN: 900997694 501(c)(3)

Nashville, TN

Total Revenue
$751,548
Total Expenses
$731,915
Total Assets
$120,478
Net Assets
$111,028
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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
2011
Legal Domicile
TN
Principal Officer
CHARLIE CHO
Phone
6153106161
Tax Period
2019-01-01 to 2019-12-31

GRACE HOME CARE INC, founded in 2011, is a small nonprofit that reported $752K in total revenue in fiscal year 2019. Revenue decreased 12% compared to the prior year.

Mission

TO HELP PEOPLE WITH MENTAL AND PHYSICAL DISABILITIES RETURN TO MAIN STREAM OF LIFE AND TO ADVOCATE TO IMPROVE THEIR QUALITY OF LIFE - REHABILITATION FOR DISABILITIES

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $751,548
Investment Income $0
Other Revenue $0
TOTAL REVENUE $751,548

Expense Breakdown

Grants Paid $0
Salaries & Benefits $421,196
Fundraising Expenses $0
Program Expenses $575,499
Other Expenses $310,719
TOTAL EXPENSES $731,915

Year-over-Year Comparison

2019 2018 Change
Revenue $751,548 $856,148 -0.1%
Expenses $731,915 $855,667 -0.1%
Net Income $19,633 $481 +39.8%
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
1
Independent Members
1
Employees
93
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
1
$62,754
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLIE W CHO OFFICER 040.00
Officer
$62,754 $0 $62,754
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
2019 $751,548 $731,915 $120,478 $19,633
2018 $856,148 $855,667 $103,930 $481
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