Grace Ministries International Inc
- Assets
- $559.3k
- Revenue
- $472.6k
- Investments
- $0.0
- Employees
- 24
- Location
- Woodstock, GA
- Founding
- 02/1987
- Data as of
- 12/2023
- EIN
- 58-1685015
Organization Overview
Grace Ministries International Inc is located in Woodstock, GA. The organization was established in 1987. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Grace Ministries International Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Ministries International 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 12/2023, Grace Ministries International Inc generated $472.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $736.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS DEDICATED TO SPREADING THE GOSPEL THROUGH THE ESTABLISHMENT, DEVELOPMENT, AND PROMOTION OF ITS MINISTRIES WITHIN THE MARIETTA AREA AS WELL AS ITS NATIONAL AND GLOBAL MISSION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE YEAR ENDED DECEMBER 31, 2023, GRACE MINISTRIES INTERNATIONAL, INC. OPERATED THE FOLLOWING PROGRAMS:(I) COUNSELOR TRAINING - THE ORGANIZATION IS A COUNSELING AND TRAINING FACILITY THAT OFFERS EQUIPPING COURSES FOR THE NEXT GENERATION OF DISCIPLESHIP COUNSELORS (EDC). THIS PROGRAM OFFERS A MULTI-FACETED APPROACH, INCLUDING CLASSROOM STUDY, VIDEOS, AND CO-COUNSELING LEARNING. THIS 30-SESSION PROGRAM WILL EQUIP MEN AND WOMEN WHO SENSE GODS CALLING TO PASTORAL COUNSELING WITH A FIRM INTRODUCTION TO THE EXCHANGED LIFE MODEL OF DISCIPLESHIP COUNSELING. THE FOCUS OF EDC IS LEARNING, OBSERVING, AND PRACTICING BASIC COUNSELING SKILLS.(II) COUNSELING THE ORGANIZATION GUIDES INDIVIDUALS AND COUPLES THROUGH UNDERSTANDING UNWANTED BEHAVIORS AND DIFFICULT EMOTIONS TO THE EXPERIENCE OF GODS DESIGN FOR THRIVING IN LIFE. THE ORGANIZATION OFFERS INDIVIDUAL, PREMARITAL, AND MARRIAGE COUNSELING ALL OVER THE U.S. THE ORGANIZATION PRIMARILY OFFERS REMOTE VIDEO COUNSELING BUT DOES OFFER IN-PERSON COUNSELING DEPENDING ON LOCATION, PREFERENCE, AND COUNSELOR AVAILABILITY. THE COUNSELING DEPARTMENT PROVIDES MONTHLY CONTINUING EDUCATION CLASSES FOR ITS STAFF AND MEMBERS OF NETWORK 220.(III) RESOURCE MINISTRY - THE ORGANIZATION OFFERS MANY FREE RESOURCES TO THE PUBLIC INCLUDING THE WALKING FREE PODCAST, THE LIFE UNTANGLED WEBSITE (OFFERING MULTIPLE RESOURCES, STUDIES, A BLOG, AND E-BOOKS). THE MAIN ORGANIZATIONAL WEBSITE ALSO OFFERS RESOURCES FOR PURCHASE VIA THE ONLINE STORE.(IV) DISCIPLESHIP THE ORGANIZATION OFFERS CONFERENCES AND DISCIPLESHIP PROGRAMS CALLED ENCOUNTER AND AMAZE THAT ARE DESIGNED TO ENCOURAGE AND FACILITATE SPIRITUAL GROWTH THROUGH BOTH INDIVIDUAL AND SMALL COMMUNITY EXPERIENCES.(V) MISSIONS THE ORGANIZATION SUPPORTS MINISTRY PARTNERS IN THE U.S. AND SEVERAL COUNTRIES BY PROVIDING TRAINING AND CONTINUING EDUCATION, AND ASSISTING THEM WITH FUNDRAISING EFFORTS.
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 |
|---|---|---|---|
Vernon Terrell President | OfficerTrustee | 2 | $0 |
Kyndra Mcintosh Director | Trustee | 1 | $0 |
Tara Rankin Director | Trustee | 1 | $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 | $381,873 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $381,873 |
| Total Program Service Revenue | $87,570 |
| Investment income | -$1,280 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,873 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $472,592 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $102,739 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $43,201 |
| 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 | $392,813 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,675 |
| 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 | $134,759 |
| Advertising and promotion | $1,345 |
| Office expenses | $0 |
| Information technology | $15,487 |
| Royalties | $0 |
| Occupancy | $119 |
| Travel | $10,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,941 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,366 |
| All other expenses | $2,185 |
| Total functional expenses | $736,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $468,583 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,618 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,407 |
| Prepaid expenses and deferred charges | $1,008 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,684 |
| Total assets | $559,300 |
| Accounts payable and accrued expenses | $24,397 |
| 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 | $3,179 |
| Total liabilities | $27,576 |
| Net assets without donor restrictions | $383,704 |
| Net assets with donor restrictions | $148,020 |
| 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 | $559,300 |
Grants Awarded
Over the last fiscal year, Grace Ministries International Inc has awarded $101,144 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE NARROW GATE PURPOSE: MISSION WORK FUNDING | $62,092 |
HOPE FOR LIFE PURPOSE: MISSION WORK FUNDING | $39,052 |