T Grace Operating Foundation is a 501(c)(3) organization based in Scottsdale, Arizona, registered in 2019, with $16,101 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$16K
▼ 61.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$56K
Net assets
$71K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for T Grace Operating Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For T Grace Operating Foundation: 15 mo reserves · -248% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for T Grace Operating Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For T Grace Operating Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $30K (FY2020) to $16K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-247.5%
Spent more than it raised in the latest fiscal year.
Total assets
$71K
Total liabilities
$0
Net assets
$71K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,101▼61.2% | $55,956▲15.4% | $71,041▼35.9% | $71,041▼35.9% | 990PF |
| 2023 | $41,543▲30.7% | $48,499▲14.2% | $110,896▼5.9% | $110,896▼5.9% | 990PF |
| 2022 | $31,782▼21.1% | $42,450▼41.6% | $117,852▼8.3% | $117,852▼8.3% | 990PF |
| 2021 | $40,267▲33.5% | $72,685▲169% | $128,520▼20.1% | $128,520▼20.1% | 990PF |
| 2020 | $30,161 | $26,983 | $160,938 | $160,938 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to T Grace Operating Foundation totaling $8,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $8,000 |
Explore more
Data for T Grace Operating Foundation (EIN 83-4074651) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.