Grace Pointe Center is located in Wytheville, VA. The organization was established in 2015. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Pointe Center 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 Pointe Center generated $124.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $115.8k during the year ending 12/2022. While expenses have increased by 10.0% 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 POINTE CENTER ACCEPTS DONATIONS OF CLOTHING AND HOUSEHOLD GOODS FROM THE PUBLIC AND SELLS THESE DONATED ITEMS IN A RETAIL THRIFT STORE REVENUE FROM THE SALES IS USED TO PROVIDE ASSISTANCE TO PEOPLE IN NEED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angela D Akers Executive Director | 50 | $30,000 | |
Alex Porter Secretary Treasurer | 0 | $0 | |
Tina Quesenberry Board Member | 0 | $0 | |
Ashley Showalter Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,209 |
Total Program Service Revenue | $109,069 |
Membership dues | $0 |
Investment income | $30 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $124,308 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $65,115 |
Professional fees and other payments to independent contractors | $1,862 |
Occupancy, rent, utilities, and maintenance | $27,202 |
Printing, publications, postage, and shipping | $181 |
Other expenses | $21,410 |
Total expenses | $115,770 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,822 |
Other assets | $0 |
Total assets | $54,822 |
Total liabilities | $0 |
Net assets or fund balances | $54,822 |