Colombia Grace Foundation
- Assets
- $530.4k
- Revenue
- $170.3k
- Investments
- $0.0
- Employees
- 3
- Location
- La Pine, OR
- Founding
- 07/2011
- Data as of
- 12/2023
- EIN
- 27-3017623
Organization Overview
Colombia Grace Foundation is located in La Pine, OR. The organization was established in 2011. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Colombia Grace Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colombia Grace Foundation 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 12/2023, Colombia Grace Foundation generated $170.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $188.6k during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CORPORATION IS TO GLORIFY THE NAME OF GOD IN COLOMBIA BY SHARING HIS LOVE WITH ORPHANS AND WIDOWS. THE FOUNDATION WILL SHOW GOD'S GRACE AND LOVE THROUGH HOUSING, FEEDING, EDUCATING, AND THE SPIRITUAL MENTORING OF THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, WE CONTINUED TO PROVIDE CARE AND EDUCATION TO THE ORPHANED CHILDREN OF THE NEST, WHO ARE CURRENTLY STUDYING VIRTUALLY. WE CARRIED OUT FOUR SEMINARY MODULES CORRESPONDING TO THIS YEAR THROUGH COVENANT BAPTIST THEOLOGICAL SEMINARY, WHERE WE CONTINUE FOR THE GLORY OF THE LORD, TRAINING PASTORS ON COLOMBIA'S ATLANTIC COAST. WE DID NORMAL MAINTENANCE TO THE FARM. A FENCE WAS ADDED TO THE SOCCER FIELD. A SIDEWALK WAS ADDED BETWEEN THE CHURCH AND THE SEMINARY CABINS. BARS WERE ADDED TO THE WINDOWS AND DOOR OF THE VIRTUAL CLASSROOM TO PREVENT THEFT OF THE COMPUTERS. WE RECEIVED A CERTIFICATE THAT WE ARE UP TO DATE ON THE FARM TAXES. WE DID MAINTENACE AND REPAIRS ON THE VAN, REFRIGERATORS, AIR CONDITIONERS, FANS, SEMINARY CABINS AND OTHER TOOLS TO KEEP THEM IN WORKING CONDITION. WE CONTINUED TO PAY FOR HALF OF THE UNIVERSITY COST FOR CARLOS DAVID MARRUGO WHO WAS ONE OF THE BOYS IN THE MINISTRY FOR MANY YEARS AND COMPLETED HIS HIGH SCHOOL STUDIES. HE STAYS WITH FAMILY IN CARTAGENA DURING THE WEEK TO STUDY AND SPENDS THE WEEKENDS HERE ON THE FARM TO ATTEND CHURCH AND SPEND TIME WITH THE OTHER BOYS ON THE FARM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Boris Silva Director | Trustee | 5 | $0 |
Richard Riffle Chairman | OfficerTrustee | 5 | $0 |
Sam Waldron Director | Trustee | 5 | $0 |
Marshall Wolcott Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $169,949 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,949 |
| Total Program Service Revenue | $0 |
| Investment income | $331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $170,280 |
| 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 | $35,084 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,684 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,630 |
| Fees for services: Accounting | $4,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,108 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,197 |
| Travel | $11,584 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,969 |
| Insurance | $2,541 |
| All other expenses | $173 |
| Total functional expenses | $188,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,010 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $464 |
| Net Land, buildings, and equipment | $467,904 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $530,378 |
| Accounts payable and accrued expenses | $5,060 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4 |
| Total liabilities | $5,064 |
| Net assets without donor restrictions | $525,314 |
| 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 | $530,378 |