Grace Childrens Home Co Inc, operating under the name Grace Foster Care, is located in Henderson, NE. The organization was established in 1953. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2021, Grace Foster Care employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Foster Care 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 Foster Care generated $916.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $445.3k during the year ending 12/2021. 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
THE PRIMARY PURPOSE IS TO PROVIDE FOSTER PLACEMENT AND RESIDENTIAL CARE FOR CHILDREN. THIS CARE INCLUDES, BUT IS NOT LIMITED TO, FOSTER CARE RECRUITMENT, TRAINING, PLACEMENT AND SUPPORT FOR FOSTER FAMILIES; AS WELL AS ROOM, BOARD, SUPERVISION, ALLOWANCE, PERSONAL HYGIENE ITEMS AND TRANSPORTATION FOR RECREATION, MEDICAL, DENTAL AND THERAPEUTIC CARE AS NEEDED FOR CHILDREN IN RESIDENTIAL CARE. THE ORGANIZATION ACCOMPLISHED THESE SERVICES THROUGH ITS TRAINED STAFF AND USE OF EXISTING COMMUNITY RESOURCES AND AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE IS TO PROVIDE FOSTER PLACEMENT AND RESIDENTIAL CARE FOR CHILDREN. THIS CARE INCLUDES, BUT IS NOT LIMITED TO, FOSTER CARE RECRUITMENT, TRAINING, PLACEMENT AND SUPPORT FOR FOSTER FAMILIES; AS WELL AS ROOM, BOARD, SUPERVISION, ALLOWANCE, PERSONAL HYGIENE ITEMS AND TRANSPORTATION FOR RECREATION, MEDICAL, DENTAL AND THERAPEUTIC CARE AS NEEDED FOR CHILDREN IN RESIDENTIAL CARE. THE ORGANIZATION ACCOMPLISHED THESE SERVICES THROUGH ITS TRAINED STAFF AND USE OF EXISTING COMMUNITY RESOURCES AND AGENCIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Danielson President/ex | OfficerTrustee | 40 | $50,000 |
Carol Janzen Secretary | OfficerTrustee | $0 | |
Hiebner Randy Vice Preside | OfficerTrustee | $0 | |
Craig Quiring Treasurer | OfficerTrustee | $0 | |
Dana Reinke Director | OfficerTrustee | $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 | $567,055 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $567,055 |
Total Program Service Revenue | $82,601 |
Investment income | $37,437 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $135,425 |
Net Gain/Loss on Asset Sales | $86,276 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $916,177 |
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 | $123,021 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $76,700 |
Payroll taxes | $9,411 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $12,355 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $48,696 |
Travel | $265 |
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 | $52,338 |
Insurance | $56,904 |
All other expenses | $58 |
Total functional expenses | $445,337 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $150 |
Savings and temporary cash investments | $734,138 |
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 | $358,337 |
Investments—publicly traded securities | $1,717,095 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,809,720 |
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 | $12,704 |
Total liabilities | $12,704 |
Net assets without donor restrictions | $2,797,016 |
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 | $2,809,720 |
Over the last fiscal year, we have identified 1 grants that Grace Childrens Home Co Inc has recieved totaling $4,000.
Awarding Organization | Amount |
---|---|
James M Cox Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $4,000 |
Organization Name | Assets | Revenue |
---|---|---|
Great Circle St James, MO | $68,390,614 | $85,036,631 |
Rocky Mountain Human Services Denver, CO | $31,258,421 | $73,701,277 |
Developmental Pathways Inc Aurora, CO | $42,520,791 | $44,538,564 |
North Metro Com Svc Westminster, CO | $17,261,944 | $30,106,770 |
Mid-Step Services Inc Sioux City, IA | $20,233,079 | $25,551,383 |
Ariel Clinical Services Grand Junction, CO | $17,167,119 | $23,237,410 |
Laradon Hall Society For Exceptional Children And Adults Denver, CO | $24,311,430 | $21,206,538 |
Comprehensive Systems Inc Charles City, IA | $6,739,515 | $18,627,852 |
Village Northwest Unlimited Sheldon, IA | $21,763,774 | $17,290,667 |
Mbch Children And Family Ministries Bridgeton, MO | $7,025,315 | $12,548,210 |
Shiloh Home Inc Littleton, CO | $5,810,400 | $10,896,254 |
Mountain Valley Developmental Services Inc Glenwood Springs, CO | $8,504,779 | $11,865,014 |