Grace Klein Community Inc
- Assets
- $686.1k
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 24
- Location
- Birmingham, AL
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 80-0569639
Organization Overview
Grace Klein Community Inc is located in Birmingham, AL. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Grace Klein Community Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Klein Community 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 Klein Community Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 56.7% each year . All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 54.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ENTITY'S MISSION IS TO PROVIDE CHARITABLE AND EDUCATION SERVICES TO THE POOR, DISTRESSED AND UNDERPRIVILEDGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY RESCUED 1,062,101 POUNDS OF FOOD IN THE CALENDAR YEAR. IT PROVIDED FOOD SUPPORT TO APPROXIMATELY 12,000 RECIPIENTS PER WEEK IN CENTRAL ALABAMA WITH 8 DRIVE THRUS OPEN SEVEN DAYS A WEEK. TOILETRIES, FEMININE PRODUCTS, DIAPERS AND WIPES PROVIDED TO 255 PARENTS AND 334 CHILDREN EACH MONTH. THE ENTITY SENT 2 TEAMS TO AFRICA TO SERVE GLOBAL PARTNERS FOR A TOTAL OF 6 WEEKS.
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 |
|---|---|---|---|
Jason Waltman Director | Trustee | 30 | $0 |
Shannon Haskins Director | Trustee | 1 | $0 |
Jenny Waltman Director | Trustee | 45 | $0 |
Larry King Director | Trustee | 1 | $0 |
Sheila Parks Director | Trustee | 2 | $0 |
Jared Thornton 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 | $5,312,971 |
| Noncash contributions included in lines 1a–1f | $4,522,603 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,312,971 |
| Total Program Service Revenue | $0 |
| Investment income | $104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,212 |
| 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 | $5,311,863 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,689,588 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $289,517 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,486 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $26,199 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,470 |
| Insurance | $11,335 |
| All other expenses | $936 |
| Total functional expenses | $5,156,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $284,899 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,050 |
| 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 | $0 |
| Net Land, buildings, and equipment | $374,680 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,423 |
| Total assets | $686,052 |
| Accounts payable and accrued expenses | $0 |
| 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 | $242,249 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,936 |
| Total liabilities | $252,185 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $433,867 |
| Total liabilities and net assets/fund balances | $686,052 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Grace Klein Community Inc has recieved totaling $2,395,095.
| Awarding Organization | Amount |
|---|---|
Community Food Bank Of Central Alabama Birmingham, AL PURPOSE: To provide food to the needy. | $2,313,727 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $46,168 |
Community Partnership Of Alabama Inc Birmingham, AL PURPOSE: GENERAL OPERATING COSTS | $25,000 |
United Way Of Greater St Louis Inc Saint Louis, MO PURPOSE: CCS - Strengthen Communities | $5,200 |
Dk Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |
Catholic Charities Of Tennessee Inc Nashville, TN | $6,708,389 | $19,282,106 |
Hinds County Human Resource Agency Jackson, MS | $2,640,686 | $19,218,444 |
Society Of St Vincent De Paul South Pinellas Inc St Petersburg, FL | $20,224,703 | $21,064,190 |
Community Service Programs Of West Alabama Inc Tuscaloosa, AL | $11,169,657 | $19,088,639 |
Catholic Charities Bureau Jacksonville, FL | $12,649,665 | $19,074,889 |
Southeast Tennessee Human Resource Agency Dunlap, TN | $24,351,699 | $17,068,562 |
Mid-Cumberland Community Action Agency Inc Mount Juliet, TN | $5,482,077 | $16,120,135 |
St Johns County Welfare Federation St Augustine, FL | $11,404,486 | $15,403,737 |
Coastal Georgia Area Community Action Authority Inc Brunswick, GA | $8,853,505 | $18,530,212 |
Changing Homelessness Inc Jacksonville, FL | $1,897,568 | $14,269,486 |
University Of Alabama Ophthalmology Services Foundation Birmingham, AL | $3,172,403 | $13,818,197 |