The Grace Message
- Assets
- $3.3m
- Revenue
- $3.1m
- Investments
- $300.0k
- Employees
- 13
- Location
- Lubbock, TX
- Founding
- 10/2015
- Data as of
- 06/2022
- EIN
- 47-4022626
Organization Overview
The Grace Message is located in Lubbock, TX. The organization was established in 2015. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Grace Message employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Message 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 06/2022, Grace Message generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 47.8% each year . All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 44.4% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GRACE MESSAGE IS ESTABLISHED TO EFFECTIVELY COMMUNICATE THE NEW COVENANT MESSAGE OF TOTAL FORGIVENESS IN CHRIST, FREEDOM UNDER GRACE, IDENTITY IN CHRIST, AND NEW LIFE IN HIM, SO THAT ALL MAY KNOW JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GRACE MESSAGE SHARES THE LIFE-CHANGING MESSAGE OF GODS LOVE AND GRACE, HELPING PEOPLE DISCERN THE DIFFERENCE BETWEEN LIFELESS RELIGION AND THE TRUTH OF THE GOSPEL. WE ACCOMPLISH THIS THROUGH BIBLICAL TEACHING RESOURCES THAT INCLUDE THOUSANDS OF ONLINE VIDEO AND AUDIO MESSAGES A LIVE DAILY RADIO BROADCAST HEARD ON SIRIUS XM SATELLITE RADIO AND ON DOZENS OF LOCAL STATIONS ACROSS NORTH AMERICA AN ACTIVE SOCIAL MEDIA PRESENCE REACHING OVER ONE MILLION FOLLOWERS NINE BESTSELLING CHRISTIAN BOOKS AND THROUGH PODCASTS, APPS, AND OTHER ONLINE PARTNERSHIPS SHARING OUR TEACHING WITH HUNDREDS OF THOUSANDS OF FOLLOWERS.
THE GRACE MESSAGE CHURCH CONSISTS OF LOCAL CONGREGATIONS IN LUBBOCK, TX, AND DALLAS, TX, PROVIDING BIBLICAL TEACHING, CONTEMPORARY WORSHIP, AND PROGRAMS FOR ALL AGES ON SUNDAY MORNINGS, ALONG WITH TEACHING AND COMMUNITY-BUILDING PROGRAMS THROUGHOUT THE WEEK. A VIRTUAL CHURCH IS ALSO OFFERED WITH ONLINE SERVICE STREAMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Farley President | OfficerTrustee | 50 | $301,300 |
Tom Lirot Vice Chair Of The Board | OfficerTrustee | 0.05 | $0 |
Rex Robertson Chair Of The Board | OfficerTrustee | 1 | $0 |
Michael Pike Director | Trustee | 0.05 | $0 |
James Wetherbe Director | Trustee | 0.05 | $0 |
Laurence Benz Director | Trustee | 0.05 | $0 |
Financial Statements
| 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 | $3,011,875 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,011,875 |
| Total Program Service Revenue | $38,476 |
| Investment income | $69 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $500 |
| Net Gain/Loss on Asset Sales | $74,092 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,125,012 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,317 |
| 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. | $381,515 |
| Compensation of current officers, directors, key employees. | $64,001 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $243,868 |
| Pension plan accruals and contributions | $32,800 |
| Other employee benefits | $3,000 |
| Payroll taxes | $13,923 |
| Fees for services: Management | $167,511 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $98,786 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,939 |
| Advertising and promotion | $138,373 |
| Office expenses | $16,178 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,213 |
| Travel | $15,494 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $124 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,682 |
| Insurance | $26,336 |
| All other expenses | $61,939 |
| Total functional expenses | $2,279,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $532,420 |
| 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 | $2,134,660 |
| Investments—publicly traded securities | $300,000 |
| Investments—other securities | $300,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,371 |
| Total assets | $3,272,451 |
| Accounts payable and accrued expenses | $145,532 |
| 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 | $43,272 |
| Total liabilities | $188,804 |
| Net assets without donor restrictions | $3,083,647 |
| 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 | $3,272,451 |