Home Of Grace Corporation is located in Vancleave, MS. The organization was established in 1967. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Home Of Grace Corporation 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, Home Of Grace Corporation generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 1.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OFFER FREEDOM FROM ADDICTION THROUGH CHRIST-CENTERED RECOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TREATMENT FACILITY AND PROGRAM FOR REHABILITATION OF MEN AND WOMEN ADDICTED TO DRUGS AND ALCOHOL. AVERAGE OF 110 PARTICIPANTS IN PROGRAM YEAR ROUND. PROGRAM RUNS FOR 3 MONTHS AND INCLUDES WORK PROGRAM AND CHRISTIAN COUNSELING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Josh Barton Exec. Director | OfficerTrustee | 40 | $105,000 |
Jess Dickinson Chairman | OfficerTrustee | 1 | $0 |
Catherine Chernecky Development Chair | OfficerTrustee | 1 | $0 |
Mark Vincent Vice Chairman | OfficerTrustee | 1 | $0 |
Lee Anderson Audit Chair | OfficerTrustee | 1 | $0 |
Tenesha Batiste Secretary | OfficerTrustee | 1 | $0 |
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 | $1,470,662 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,470,662 |
Total Program Service Revenue | $1,847,665 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $46,998 |
Net Gain/Loss on Asset Sales | $5,751 |
Net Income from Fundraising Events | $134,637 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,563,269 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $105,000 |
Compensation of current officers, directors, key employees. | $10,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,261,339 |
Pension plan accruals and contributions | $35,783 |
Other employee benefits | $266,784 |
Payroll taxes | $123,810 |
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 | $14,958 |
Advertising and promotion | $21,743 |
Office expenses | $34,015 |
Information technology | $79,972 |
Royalties | $0 |
Occupancy | $345,964 |
Travel | $20,717 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $103 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $173,861 |
Insurance | $78,393 |
All other expenses | $208,317 |
Total functional expenses | $3,213,649 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,011,924 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $12,500 |
Accounts receivable, net | $27,648 |
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 | $51,372 |
Net Land, buildings, and equipment | $6,588,074 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $300 |
Total assets | $7,691,818 |
Accounts payable and accrued expenses | $238,353 |
Grants payable | $0 |
Deferred revenue | $145,452 |
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 | $0 |
Total liabilities | $383,805 |
Net assets without donor restrictions | $7,196,446 |
Net assets with donor restrictions | $111,567 |
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 | $7,691,818 |
Over the last fiscal year, we have identified 5 grants that Home Of Grace Corporation has recieved totaling $161,860.
Awarding Organization | Amount |
---|---|
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $57,355 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $57,355 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $37,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $7,650 |
Socius Foundation San Francisco, CA PURPOSE: 2021 GRANT | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Arkansas Enterprises For The Developmentally Disabled Inc Little Rock, AR | $11,004,956 | $14,277,062 |
Integrity Inc Little Rock, AR | $13,609,813 | $15,573,168 |
Meritan Inc Memphis, TN | $4,688,088 | $16,356,031 |
Hilltoppers Inc Crossville, TN | $11,714,552 | $11,864,400 |
Lakeway Center Of The Handicapped Inc Morristown, TN | $5,691,574 | $10,737,798 |
Life Styles Inc Fayetteville, AR | $7,250,362 | $10,687,117 |
Arkansas Family Supports Inc Fort Smith, AR | $6,002,199 | $9,109,380 |
Catholic Charities Of The Diocese Of Memphis Inc Memphis, TN | $2,024,003 | $6,994,059 |
Northwest Tennessee Human Resource Agency Martin, TN | $9,574,650 | $6,316,395 |
Carc Inc Lake Charles, LA | $11,579,586 | $7,309,580 |
Southwest Louisana Independence Center Inc Lake Charles, LA | $4,269,483 | $6,523,920 |
Fellowship House Inc Birmingham, AL | $4,049,817 | $5,080,210 |