Grail Foundation Of America is located in Hagerstown, MD. The organization was established in 1978. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Grail Foundation Of America 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 06/2021, Grail Foundation Of America generated $357.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.1% each year . All expenses for the organization totaled $43.4k during the year ending 06/2021. 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
SPREAD THE GRAIL MESSAGE THROUGH WORSHIP, NEWSLETTERS, AND MEETINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFERING SUPPORT TO CROSS-BEARERS FOR BUILDING AND TEMPLE-USE OF OFFICE SPACE AND PROVIDING A PLACE OF WORSHIP
ANNUAL CONFERENCE, CONVENTIONS, AND MEETINGS
MISSIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ayodeji Badaki President | OfficerTrustee | 15 | $0 |
Kay Keohane Secretary | OfficerTrustee | 10 | $0 |
Johanna Smoot Treasurer | OfficerTrustee | 15 | $0 |
Femi Badaki Trustee | Trustee | 10 | $0 |
Alfred Lewis Trustee | Trustee | 10 | $0 |
Alero Tambakakis Trustee | Trustee | 10 | $0 |
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 | $355,799 |
Noncash contributions included in lines 1a–1f | $2,569 |
Total Revenue from Contributions, Gifts, Grants & Similar | $355,799 |
Total Program Service Revenue | $0 |
Investment income | $205 |
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 | $1,610 |
Miscellaneous Revenue | $0 |
Total Revenue | $357,614 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,080 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $7,126 |
Information technology | $2,144 |
Royalties | $0 |
Occupancy | $22,706 |
Travel | $0 |
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 | $2,445 |
Depreciation, depletion, and amortization | $5,561 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $43,443 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $447,160 |
Savings and temporary cash investments | $602,174 |
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 | $51,373 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $336,386 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,437,093 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $1,303,793 |
Net assets with donor restrictions | $133,300 |
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 | $1,437,093 |
Over the last fiscal year, we have identified 1 grants that Grail Foundation Of America has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Physician Assistant Education Association Washington, DC | $20,449,567 | $13,289,693 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Joshua Fund McLean, VA | $5,014,805 | $7,059,858 |
Little Sisters Of The Poor Of The City And County Of Philadelphia Philadelphia, PA | $10,759,268 | $7,956,134 |
International Service Fellowship Usa Upper Darby, PA | $20,365,794 | $7,523,822 |
Sojourners Washington, DC | $8,156,798 | $7,188,761 |
Society Of St Vincent De Paul Central Council Of Pittsburgh Pittsburgh, PA | $5,352,791 | $6,782,578 |
Jubilee Ministries Lebanon, PA | $10,567,390 | $8,013,168 |
Catholic Leadership Institute Malvern, PA | $22,337,149 | $8,205,889 |
Turkish-American Community Center Inc Lanham, MD | $86,289,418 | $2,915,322 |
Intelligent Transportation Society Of America Washington, DC | $5,871,782 | $3,491,417 |
Chi St Joseph Childrens Health Lancaster, PA | $51,266,444 | $4,349,144 |