Gracepointe Ministries
- Assets
- $79.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodruff, SC
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-4295201
Organization Overview
Gracepointe Ministries is located in Woodruff, SC. The organization was established in 2009. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Gracepointe Ministries 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, Gracepointe Ministries generated $104.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $99.2k during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Nelson Jr Executive Director | 60 | $54,000 | |
Harriette H Crain Secretary | 2 | $0 | |
R David Pridemore Director | 2 | $0 | |
Tonja B Smith Treasurer | 2 | $0 | |
Rosemary Nelson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,257 |
| 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 | $104,257 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,000 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $413 |
| Other expenses | $44,550 |
| Total expenses | $99,213 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,013 |
| Other assets | $0 |
| Total assets | $79,808 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,808 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gracepointe Ministries has recieved totaling $18,800.
| Awarding Organization | Amount |
|---|---|
South Carolina Christian Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $10,400 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $8,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |
Equip Leadership Inc Duluth, GA | $5,673,774 | $7,651,794 |
Missionary Athletes International Charlotte, NC | $3,307,948 | $5,472,845 |
Celebration Inc Alpharetta, GA | $12,143,937 | $5,388,788 |
Derek Prince Ministries Charlotte, NC | $6,321,852 | $4,305,437 |
United Ministries Greenville, SC | $3,983,524 | $3,002,737 |
Journey Church Raleigh, NC | $3,159,325 | $2,967,497 |
Fayetteville Urban Ministry Inc Fayetteville, NC | $1,821,969 | $3,089,117 |