Seasoned Women Inc, operating under the name Grace & Mercy, is located in Hopkinsville, KY. The organization was established in 2007. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2021, Grace & Mercy employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace & Mercy 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 12/2021, Grace & Mercy generated $907.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $866.2k during the year ending 12/2021. While expenses have increased by 27.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REHABILITATE WOMEN SPIRITUALLY AND PHYSICALLY TO BECOME SUCCESSFUL ADULTS AND INDEPENDENT MEMBERS OF SOCIETY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCCESSFUL GRADUATION OF SEVERAL WOMEN FROM THE PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Margalo Atlman Director | Trustee | 0 | $0 |
Suzanne Arnold Director | Trustee | 0 | $0 |
Leslie Carroll Director | Trustee | 0 | $0 |
Susan Gardner Director | Trustee | 0 | $0 |
Bill Garnett Director | Trustee | 0 | $0 |
Dede Brabara Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $43,950 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $374,748 |
Noncash contributions included in lines 1a–1f | $134,688 |
Total Revenue from Contributions, Gifts, Grants & Similar | $418,698 |
Total Program Service Revenue | $499,907 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$10,670 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $907,935 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $329,215 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $35,898 |
Fees for services: Management | $42,800 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,897 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,977 |
Office expenses | $7,625 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $946 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $25,386 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $51,788 |
Insurance | $35,088 |
All other expenses | $77,953 |
Total functional expenses | $866,158 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $165,794 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $46,633 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,900 |
Net Land, buildings, and equipment | $1,208,828 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,424,155 |
Accounts payable and accrued expenses | $16,008 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $550,831 |
Unsecured mortgages and notes payable | $257,520 |
Other liabilities | $0 |
Total liabilities | $824,359 |
Net assets without donor restrictions | $599,796 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,424,155 |
Over the last fiscal year, we have identified 1 grants that Seasoned Women Inc has recieved totaling $101.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $101 |
Organization Name | Assets | Revenue |
---|---|---|
Residential Alternatives Of Illinois Inc Galesburg, IL | $80,007,237 | $73,925,677 |
Open Arms Care Corporation Brentwood, TN | $14,259,217 | $57,379,282 |
Buckeye Ranch Grove City, OH | $52,523,955 | $52,506,935 |
Champaign Residential Services Inc Urbana, OH | $32,789,817 | $40,282,333 |
Community Residences Inc Chantilly, VA | $8,965,819 | $35,349,534 |
Maryville Academy Des Plaines, IL | $107,135,163 | $38,590,774 |
Marklund Childrens Home Geneva, IL | $37,575,668 | $32,772,830 |
Koinonia Homes Inc Independence, OH | $28,526,535 | $37,892,187 |
Childrens Home Association Of Illinois Peoria, IL | $56,270,860 | $27,496,004 |
Emmaus Homes Inc St Charles, MO | $38,561,803 | $32,833,294 |
Beverly Farm Foundation Godfrey, IL | $38,503,233 | $44,775,588 |
Columbus Center For Human Services Inc Columbus, OH | $12,984,481 | $25,350,121 |