Perfecting Grace Ministries
- Assets
- $28.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 10/2012
- Data as of
- 12/2016
- EIN
- 27-2127524
Organization Overview
Perfecting Grace Ministries is located in Detroit, MI. The organization was established in 2012. 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. Perfecting Grace 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 12/2016, Perfecting Grace Ministries generated $35.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (34.1%) each year. All expenses for the organization totaled $30.7k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (36.8%) per year over the past 2 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
2016
Describe the Organization's Program Activity:
Part 3
RELIGIOUS SERVICES AND COMMUNITY OUTREACH
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,164 |
| 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 | $35,164 |
| 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 | $11,474 |
| Occupancy, rent, utilities, and maintenance | $2,931 |
| Printing, publications, postage, and shipping | $537 |
| Other expenses | $15,727 |
| Total expenses | $30,669 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,562 |
| Other assets | $0 |
| Total assets | $28,562 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,562 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Perfecting Grace Ministries has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater St Louis Inc Saint Louis, MO PURPOSE: CCS - Faith-Based | $25,000 |
United Way Of Greater St Louis Inc Saint Louis, MO PURPOSE: CCS - Faith-Based | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
Interim Pastor Ministries Inc Orleans, MI | $699,514 | $5,433,287 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |
Cleveland Christian Home Inc Cleveland, OH | $9,204,950 | $4,752,818 |
St Luke Lutheran Community Portage Lakes North Canton, OH | $4,808,544 | $3,061,019 |
International Fellowship Of Evangelical Students Usa Inc Madison, WI | $6,456,796 | $6,176,291 |
Reaching Above Hopelessness And Brokenness Ministries Inc Canton, OH | $2,291,437 | $3,403,692 |
Wisconsin Evangelical Lutheran Synod Kingdom Workers Inc Waukesha, WI | $3,918,278 | $4,689,109 |
Society For Protestant Reformed Secondary Education Grand Rapids, MI | $14,109,542 | $6,594,960 |
Lutheran Church In America Lutheran Social Services Of Northwestern Oh Toledo, OH | $5,710,992 | $3,245,604 |
Lutheran Assoc Of Missionaries And Pilots U S Inc Brookfield, WI | $3,097,954 | $2,815,671 |
United Methodist Foundation Of Indiana Inc Fishers, IN | $125,598,510 | $4,173,555 |