ROSEY GRIER GIANT STEP FOUNDATION

EIN: 953641483 501(c)(3) Housing & Shelter

LOS ANGELES, CA

Total Revenue
$401,009
Total Expenses
$417,936
Total Assets
$6,678,044
Net Assets
$6,678,042
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
CYDNEE GRIER
Tax Period
2022-01-01 to 2022-12-31

ROSEY GRIER GIANT STEP FOUNDATION, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $401K in total revenue in fiscal year 2022. Revenue decreased 19% compared to the prior year. Net assets of $6.7M represent 200 months of operating reserves.

Mission

THE FOUNDATION'S MISSION IS TO CREATE AND IMPLEMENT EDUCATIONAL PROGRAMS THAT WILL:1 - MOTIVATE DISADVANTAGED YOUTH TO ACQUIRE THE LEARNING SKILLS AND KNOWLEDGE REQUIRED TO DEVELOP ACADEMICALLY AND BE ABLE TO COMPETE FOR OPPORTUNITIES IN DIFFERENT PROFESSIONS. 2 - ESTABLISH PROGRAMS THAT WILL ALSO HELP THESE YOUTH ACQUIRE THE MENTAL AND PHYSICAL TOOLS TO PARTICIPATE IN AMATUER ATHLETIC PROGRAMS AND ALSO APPLY THESE TOOLS TO ENHANCE THEIR ACADEMIC DEVELOPMENT.3 - STRUCTURE OPPORTUNITIES FOR THESE YOUTH TO INTERACT WITH SENIOR CITIZENS AND LEARN LIFE LESSONS FROM THESE OLDER ADULTS. 4 - FOSTER AND PROMOTE SPIRITIUAL VALUES OF THE YOUTH SERVED BY THE FOUNDATION.5 - ENGAGE IN FUNDRAISING TO SUPPORT EACH OF THE FOREGOING ACTIVITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $4,516
Program Service Revenue $0
Investment Income $396,493
Other Revenue $0
TOTAL REVENUE $401,009

Expense Breakdown

Grants Paid $341,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $342,098
Other Expenses $76,936
TOTAL EXPENSES $417,936

Year-over-Year Comparison

2022 2021 Change
Revenue $401,009 $496,778 -0.2%
Expenses $417,936 $414,168 +0.0%
Net Income $-16,927 $82,610 -1.2%
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
8
Independent Members
4
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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYDNEE GRIER CEO 15.00
Officer Director
$0 $0 $0
ROSEY GRIER CFO 10.00
Officer Director
$0 $0 $0
BRIAN WEAVER Director 2.00
Director
$0 $0 $0
PAT SMITH Director 2.00
Director
$0 $0 $0
MARILOU DERECHINSKY Director 2.00
Director
$0 $0 $0
FARRAH BRUMMETT Director 8.00
Director
$0 $0 $0
ROBERT BLACKWELL Director 2.00
Director
$0 $0 $0
BIFF NAYLOR Director 2.00
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
2022 $401,009 $417,936 $6,678,044 $-16,927
2021 $496,778 $414,168 $8,177,075 $82,610
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