Grace Resources
- Assets
- $15.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 62-1799720
Organization Overview
Grace Resources is located in Brentwood, TN. The organization was established in 2000. 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. Grace Resources 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, Grace Resources generated $83.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $77.9k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Richard D George President | 55 | $60,000 | |
Gail M George Secretary To Board/counselor | 20 | $0 | |
Bobby Janice Houk Board Members | 2 | $0 | |
Doug Rogers Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,049 |
| Total Program Service Revenue | $33,635 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $49 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,733 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $8,054 |
| Salaries, other compensation, and employee benefits | $60,000 |
| Professional fees and other payments to independent contractors | $396 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $9,260 |
| Total expenses | $77,858 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,137 |
| Other assets | $0 |
| Total assets | $15,646 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,646 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grace Resources has recieved totaling $1,200.
| Awarding Organization | Amount |
|---|---|
Summers Foundation Brentwood, TN PURPOSE: CHARITABLE GIFT | $1,200 |
Peer Organizations
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|---|---|---|
John Marshall Online Inc Atlanta, GA | $11,713,924 | $9,257,448 |
American Board For Certification In Orthotics & Prosthetics Inc Alexandria, VA | $27,674,862 | $8,130,856 |
Abraham J & Phyllis Katz Foundation Ua 060794 Newnan, GA | $48,678,737 | $4,412,136 |
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 |
Literacy Kansas City Kansas City, MO | $1,783,046 | $2,841,106 |
The Virginia Center For Policing Innovation Richmond, VA | $3,512,046 | $2,842,385 |
Progressive Abilities Support Services Inc Savannah, GA | $457,648 | $2,076,851 |
Society Of Cardiovascular Computed Tomography Arlington, VA | $2,676,474 | $2,337,987 |
East Central Georgia Consortium Thomson, GA | $497,694 | $1,856,381 |
Hi-Tech Charities Saint Louis, MO | $4,192,026 | $2,946,711 |
Center For Advancement And Study Of International Education Inc Atlanta, GA | $1,260,303 | $2,348,078 |