Words Of Grace & Truth
- Assets
- $48.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 45-2403754
Organization Overview
Words Of Grace & Truth is located in Plano, TX. The organization was established in 2011. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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. Words Of Grace & Truth 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, Words Of Grace & Truth generated $93.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $162.4k during the year ending 12/2021. 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 |
|---|---|---|---|
Marta Greeman Founderpresident | 40 | $60,742 | |
Dr Timothy Eaton Board President | 2 | $0 | |
Marta Greenman Secretarytreasurer | 10 | $0 | |
Maureen Maldonado Board Vice President | 10 | $0 | |
Marshall Greeman Board Vice President | 2 | $0 | |
Drew Fooshee Board Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,143 |
| Total Program Service Revenue | $12,220 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $26,287 |
| Total Revenue | $93,364 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,400 |
| Salaries, other compensation, and employee benefits | $72,610 |
| Professional fees and other payments to independent contractors | $36,885 |
| Occupancy, rent, utilities, and maintenance | $28,722 |
| Printing, publications, postage, and shipping | $2,687 |
| Other expenses | $18,093 |
| Total expenses | $162,397 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,344 |
| Other assets | $0 |
| Total assets | $48,344 |
| Total liabilities | $166,100 |
| Net assets or fund balances | -$117,756 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Words Of Grace & Truth has recieved totaling $14.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rhema For The Nations Inc Arlington, TX | $109,090 | $3,497,036 |
Prophecy Watchers Inc Oklahoma City, OK | $2,102,531 | $3,358,704 |
Truth For Today World Mission School Inc Searcy, AR | $8,904,427 | $4,531,764 |
Good Faith Media Norman, OK | $777,804 | $1,966,334 |
International Bible Association Dallas, TX | $1,916,333 | $274,630 |
Lamp And Light Publishers Inc Farmington, NM | $2,028,061 | $1,091,303 |
Baptist Standard Publishing Co Plano, TX | $7,713,665 | $700,835 |
Involved International Inc Tulsa, OK | $211,399 | $633,805 |
Arkansas Baptist Newsmagazine Inc Little Rock, AR | $755,217 | $521,448 |
Jubal Band Ministries Mckinney, TX | $235,616 | $752,469 |
Gospel Minutes Publications Inc Fort Worth, TX | $75,619 | $621,953 |
Texas Impact Education Fund Austin, TX | $719,286 | $275,020 |