Grace Ministries North Shore Inc is located in Everett, MA. The organization was established in 1998. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Ministries North Shore Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Grace Ministries North Shore Inc generated $75.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (27.9%) each year. All expenses for the organization totaled $64.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GRACE MINISTIRES NORTH SHORE, INC. IS A NOT FOR PROFIT RELIGIOUS PROGRAM THAT OPERATES A FOOD PANTRY AND SERVES OVER 2,000 FAMILIES MONTHLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Leclair President | 5 | $0 | |
Richard Delrossi Treasurer | 35 | $0 | |
David Leclair Clerk | 5 | $0 | |
Michelle Lewis Assistant Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $75,072 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $75,072 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $7,500 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $56,881 |
Total expenses | $64,381 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,180 |
Other assets | $0 |
Total assets | $48,180 |
Total liabilities | $0 |
Net assets or fund balances | $48,180 |