Grace Presbyterian Ministries Inc
- Assets
- $46.9m
- Revenue
- $24.4m
- Investments
- $0.0
- Employees
- 215
- Location
- Dallas, TX
- Founding
- 05/1965
- Data as of
- 12/2021
- EIN
- 75-1094140
Organization Overview
Grace Presbyterian Ministries Inc is located in Dallas, TX. The organization was established in 1965. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2021, Grace Presbyterian Ministries Inc employed 215 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Presbyterian Ministries 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 12/2021, Grace Presbyterian Ministries Inc generated $24.4m 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 (7.6%) each year. All expenses for the organization totaled $22.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRACE PRESBYTERIAN MINISTRIES (GPM), AS A MEMBER OF THE PRESBYTERIAN COMMUNITIES AND SERVICES FAMILY OF NON-PROFIT ORGANIZATIONS, HAS A MISSION TO MAKE EACH MOMENT MATTER FOR THOSE IT SERVES. FAITH PRESBYTERIAN HOPSICE IS PART OF GPM AND PROVIDES HOSPICE AND PALLIATIVE CARE IN AN OUTPATIENT SETTING AND HAS A 36 BED INPATIENT HOSPICE FACILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOSPICE SERVICES THROUGH FAITH PRESBYTERIAN HOSPICE IN THE DALLAS-FORT WORTH METROPLEX.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mezo Executive Director - Fph | Officer | 40 | $204,688 |
Heather Summers Director Of Marketing | 0 | $159,795 | |
Kevin Jackson Secretary | OfficerTrustee | 1 | $0 |
Brad Nitschke Chairman | OfficerTrustee | 1 | $0 |
Tim Mallad Chief Executive Officer | Officer | 10 | $0 |
Steven Ailey Chief Financial Officer | Officer | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hospice Source Llc Dme Services | 12/30/21 | $606,087 |
Carestaf Of Dallas Llc Home Healthcare Staffing Services | 12/30/21 | $414,762 |
Wellsky Corp It Services | 12/30/21 | $133,056 |
Michael Bond Md Medical Services | 12/30/21 | $151,051 |
Acadian Ambulance Services Ambulance Services | 12/30/21 | $118,926 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,069,720 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,069,720 |
| Total Program Service Revenue | $19,459,798 |
| Investment income | -$1,162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $114,234 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,429,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,144,001 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $364,482 |
| Compensation of current officers, directors, key employees. | $364,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,654,398 |
| Pension plan accruals and contributions | $197,720 |
| Other employee benefits | $1,092,291 |
| Payroll taxes | $764,956 |
| Fees for services: Management | $1,169,204 |
| Fees for services: Legal | $22,208 |
| Fees for services: Accounting | $18,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,299,331 |
| Advertising and promotion | $112,852 |
| Office expenses | $67,979 |
| Information technology | $382,263 |
| Royalties | $0 |
| Occupancy | $214,333 |
| Travel | $308,637 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,989 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,533,513 |
| Insurance | $161,887 |
| All other expenses | $272,790 |
| Total functional expenses | $22,081,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,064,322 |
| Savings and temporary cash investments | $108,441 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,935,940 |
| 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 | $39,406 |
| Net Land, buildings, and equipment | $23,128,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,605,794 |
| Total assets | $46,881,985 |
| Accounts payable and accrued expenses | $1,376,562 |
| Grants payable | $0 |
| Deferred revenue | $108,441 |
| 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 | $251,531 |
| Total liabilities | $1,736,534 |
| Net assets without donor restrictions | $31,201,083 |
| Net assets with donor restrictions | $13,944,368 |
| 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 | $46,881,985 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Grace Presbyterian Ministries Inc has recieved totaling $2,080,220.
| Awarding Organization | Amount |
|---|---|
Presbyterian Communities And Services Foundation Dallas, TX PURPOSE: PATIENT BENEVOLENT CARE, BEREAVEMENT AND INTEGRATED THERAPY PROGRAMS, CAPITAL IMPROVEMENTS AND MAINTENANCE, FUND HOSPICE START-UP CASH | $2,069,720 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wesleyan Homes Inc Georgetown, TX | $102,254,340 | $32,412,628 |
Westminster Manor Austin, TX | $287,234,202 | $35,378,162 |
American Religious Town Hall Meeting Inc Dallas, TX | $5,847,203 | $26,719,151 |
Grace Presbyterian Ministries Inc Dallas, TX | $46,881,985 | $24,429,921 |
Ollie Steele Burden Manor Inc Baton Rouge, LA | $15,175,738 | $20,028,612 |
Seven Acres Jewish Senior Care Services Inc Houston, TX | $33,296,281 | $17,291,093 |
Lakeview Christian Home Of The Southwest Inc Carlsbad, NM | $42,033,708 | $17,045,837 |
Methodist Nursing Home Of Fort Smith Inc Fort Smith, AR | $18,757,721 | $13,982,834 |
Sierra Health Care Inc Truth Or Consequences, NM | $7,172,173 | $15,373,901 |
Baptist Memorials Ministries Dallas, TX | $76,405,250 | $18,028,006 |
United Methodist Home Of Enid Inc Enid, OK | $6,879,064 | $13,679,398 |
S P J S T Rest Home Taylor, TX | $45,258,719 | $17,630,650 |