Grace Project Inc
- Assets
- $256.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 08/2001
- Data as of
- 06/2022
- EIN
- 72-1459837
Organization Overview
Grace Project Inc is located in Shreveport, LA. The organization was established in 2001. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Project 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 06/2022, Grace Project Inc generated $31.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $65.4k during the year ending 06/2022. While expenses have increased by 8.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RESIDENTIAL RENTAL SERVICES - PROVIDED RENTAL HOUSINGTO 4 LOW INCOME INDIVIDUALS OR FAMILIES WITHIN THETARGET AREA OF THE ALLENDALE COMMUNITY IN SHREVEPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Ben Lester Jr Secretary | 0.5 | $9,000 | |
Travis Bogan Board President | 0.5 | $0 | |
Maxine Davie Director | 0.5 | $0 | |
Robert Handy Director | 0.5 | $0 | |
Joy Walters Director | 0.5 | $0 | |
David Williams Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,493 |
| Total Program Service Revenue | $16,971 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,464 |
| 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 | $15,500 |
| Occupancy, rent, utilities, and maintenance | $5,185 |
| Printing, publications, postage, and shipping | $4,234 |
| Other expenses | $40,482 |
| Total expenses | $65,401 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,679 |
| Other assets | $0 |
| Total assets | $256,628 |
| Total liabilities | $0 |
| Net assets or fund balances | $256,628 |
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