Grace Apostolic Church Inc
- Assets
- $1.8m
- Revenue
- $434.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Minnetonka, MN
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-1126636
Organization Overview
Grace Apostolic Church Inc is located in Minnetonka, MN. The organization was established in 2014. 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. Grace Apostolic Church 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 12/2021, Grace Apostolic Church Inc generated $434.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $326.2k during the year ending 12/2021. While expenses have increased by 5.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RESUE LOST SOULS AND EMPOWER THEM TO TRANSITION FROM SIN TO SALVATION WHILE EQUIPPING GODS PEAPLE TO BE EFFECTIVE DISCIPLES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PUERTO RICO DISTRICT COUNCIL IS THE 68TH EPISCIPAL DISTRICT OF THE PENTACOSTAL ASSEMBLIES OF THE WORLD. THE P.A.W. INC PUERTO RICO DISTRICT COUNCIL IS EXCITED ABOUT THE MOVERS OF GOD IN PUERTO RICO. COMMITTED TO AIDING THOSE IN NEED AND FOCUSED ON WINNING SOULS TO THE KINGDOM OF GOD. GACMN FOREIGN MISSIONS IS ON THE MOVE TO MAKE A DIFFERENCE IN PUERTO RICO. THE P.A.W. HAS CREATED YOUTH DEVELOPMENT, MEDICAL SERVICES, FOOD SERVICES AND KINGDOM BUILDING IN SAN JUAN, PUERTO RICO WHICH HAS CREATED FIVE CHURCHES IN SAN JUAN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Johnson Pastor | Trustee | 50 | $96,028 |
Deacon Eric Black Board Chairman | Trustee | $0 | |
Tawanna Black Trustees | Trustee | $0 | |
Elder Earl Miller Trustee | Trustee | $0 | |
Lady Tesa F Johnson Trustee | Trustee | $0 | |
Sister Chanel Edwards Board Secretary | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $389,852 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $419,352 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,114 |
| 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 | $434,466 |
| 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. | $96,023 |
| Compensation of current officers, directors, key employees. | $96,023 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,655 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,832 |
| Payroll taxes | $24,376 |
| Fees for services: Management | $36,574 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $8,613 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,292 |
| Office expenses | $21,708 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,659 |
| Travel | $2,441 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $899 |
| Interest | $49,280 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,984 |
| All other expenses | $0 |
| Total functional expenses | $326,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $796,947 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,010,702 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,807,649 |
| Accounts payable and accrued expenses | $34,385 |
| 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 | $1,466,551 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,500,936 |
| Net assets without donor restrictions | $306,713 |
| 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 | $1,807,649 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grace Apostolic Church Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CHURCH | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bethany Lutheran Homes Inc La Crosse, WI | $102,810,906 | $37,603,425 |
St Paul Elder Services Inc Kaukauna, WI | $41,952,287 | $25,919,489 |
Benedictine Health Center Minneapolis, MN | $49,837,016 | $24,199,647 |
Veap Inc Bloomington, MN | $8,119,973 | $16,891,199 |
Good Neighbor Society Manchester, IA | $17,383,047 | $14,618,459 |
Lutheran Sunset Home Grafton, ND | $9,702,843 | $11,539,567 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
St Francis Home Breckenridge, MN | $31,134,827 | $7,139,521 |
Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Faith Lutheran Home Osage, IA | $4,614,532 | $5,533,666 |
Divine Providence Community Home Sleepy Eye, MN | $3,627,339 | $4,817,279 |