Desoto Grace Inc is located in Horn Lake, MS. The organization was established in 2015. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desoto Grace 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, Desoto Grace Inc generated $125.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $80.8k during the year ending 12/2021. While expenses have increased by 30.6% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
EDUCATION & ACTIVITIES PROGRAM FOR 3RD-5TH GRADE STUDENTS & A MENTORING PROGRAM FOR 6TH-12TH GRADE STUDENTS. IN ADDITION, ASSISTANCE TO STUDENTS' FAMILIES IN A VARIETY OF WAYS. OUR PROGRAMS PROMOTE EDUCATION AND LEADERSHIP. PROGRAMS DIRECTLY IMPACT 101 STUDENTS AND APPROXIMATELY 450 PEOPLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brooke Dean Treasurer | 1 | $0 | |
George Miller Secretary | 1 | $0 | |
Douglas Bell Board Member | 1 | $0 | |
Patrick Conrad President/ceo/chairman | 1 | $0 | |
Chris Phelps Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $102,077 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $23,148 |
Other Revenue | $0 |
Total Revenue | $125,231 |
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 | $35,325 |
Occupancy, rent, utilities, and maintenance | $9,828 |
Printing, publications, postage, and shipping | $561 |
Other expenses | $35,083 |
Total expenses | $80,797 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,949 |
Other assets | $0 |
Total assets | $78,811 |
Total liabilities | $0 |
Net assets or fund balances | $78,811 |
Over the last fiscal year, we have identified 1 grants that Desoto Grace Inc has recieved totaling $7,000.
Awarding Organization | Amount |
---|---|
Community Foundation Of Northwest Mississippi Inc Hernando, MS PURPOSE: CARES ACT-COVID RELIEF | $7,000 |
Organization Name | Assets | Revenue |
---|---|---|
Alabama Partnership For Children Montgomery, AL | $2,774,532 | $6,902,612 |
Mid-South Carpenters Regional Council Training Trust Fund Chattanooga, TN | $11,869,784 | $4,623,435 |
Tech901 Memphis, TN | $1,670,427 | $1,939,069 |
Literacy Mid South Inc Memphis, TN | $1,670,875 | $1,146,029 |
Proclaiming Justice To The Nations Inc Franklin, TN | $156,911 | $1,213,248 |
Community Venture Foundation Fayetteville, AR | $1,290,105 | $1,458,049 |
Louisana Academy Of Continuing Dental Education Inc New Orleans, LA | $493,490 | $889,509 |
Broc Foundation Inc Baton Rouge, LA | $351,148 | $850,347 |
Midwest Nursing Research Society Inc Brentwood, TN | $927,711 | $688,934 |
Momentum Alumnae Program Inc Birmingham, AL | $678,486 | $635,148 |
Coalition For A Prosperous Mississippi Jackson, MS | $9,111 | $551,559 |
Nova Workforce Institute Of Northeast Louisiana Inc Monroe, LA | $347,885 | $541,221 |