Grace & Peace Ministries Inc is located in Deerfield Beach, FL. The organization was established in 2012. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace & Peace Ministries Inc 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, Grace & Peace Ministries Inc generated $123.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $98.7k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GRACE & PEACE MINISTRIES RUNS THE SOBER RECOVERY HOME FORWOMEN, HELPING THEM TO RECOVER FROM MANY TYPES OF TRAUMA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Pontillo President | 25 | $0 | |
Lilian Pontillo Treasurer, Secretary | 40 | $0 | |
John Bravo Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $98,457 |
Total Program Service Revenue | $25,251 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $123,710 |
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 | $750 |
Occupancy, rent, utilities, and maintenance | $10,945 |
Printing, publications, postage, and shipping | $140 |
Other expenses | $86,855 |
Total expenses | $98,690 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,222 |
Other assets | $0 |
Total assets | $316,851 |
Total liabilities | $170,056 |
Net assets or fund balances | $146,795 |