Gracework Ministries
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keller, TX
- Founding
- 06/2005
- Data as of
- 12/2022
- EIN
- 56-2370145
Organization Overview
Gracework Ministries is located in Keller, TX. The organization was established in 2005. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, 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. Gracework Ministries 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, Gracework Ministries generated $22.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $27.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 7 years. 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
SUPPORTING MISSIONARY PREACHING THE GOSPEL OF JESUS WEEKLY AND ON MANY OTHER OCCASIONS IN ROMANI. PROVIDE GOSPEL-CENTERED RESOURCES ON THE WEB IN SPANISH FOR TRANSLATORS, EDITORS, WEB PUBLISHER FOR PERU.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Lorincz President, CEO | 0 | $0 | |
Livia Lorincz Vice President, Trus | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,944 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,944 |
| 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 | $22,431 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $708 |
| Total expenses | $27,639 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gracework Ministries has recieved totaling $2,019.
| Awarding Organization | Amount |
|---|---|
Mario & Alma Pastega Family Foundation Corvallis, OR PURPOSE: 2021 GRANT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baptist Church Loan Corporation Dallas, TX | $159,669,152 | $6,699,447 |
Presbyterian Communities And Services Dallas, TX | $18,546,633 | $4,334,623 |
Legacy Of Yogi Bhajan Foundation Santa Cruz, NM | $17,787,649 | $1,568,900 |
The Ruth Foundation Dallas, TX | $4,489,320 | $233,856 |
Ria Charitable Investments Inc Dallas, TX | $87,787,681 | $1,614,739 |
Noah Arc Community Development Corporation Inc Minden, LA | $7,905,393 | $1,130,663 |
Anglican Communion Compass Rose Society Inc Houston, TX | $134,399 | $941,707 |
Global Evangelical Team Inc Huntsville, TX | $1,173,041 | $1,080,905 |
National Christian Charitable Foundation Inc Houston, TX | $829,974 | $998,297 |
The Thanks-Giving Foundation Dallas, TX | $2,754,536 | $764,224 |
Baptist Missionary Loan Association Waxahachie, TX | $19,801,107 | $710,852 |
Christian Heritage Foundation Inc Cleburne, TX | $1,336,414 | $294,253 |