Freedom Of Grace Church Inc is located in Douglasville, GA. The organization was established in 2019. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Of Grace Church 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 12/2023, Freedom Of Grace Church Inc generated $60.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $62.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
WORSHIP SERVICE PRAYER MEETINGS AND BIBLE STUDY ARE THE ORGANIZATIONS LARGEST PROGRAM SERVICES WHICH DEMONSTRATE THE EXEMPT PURPOSE OF DESCRIBED IN ARTICLES OF INCORPORATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Horace Forbes Senior Pastor | 40 | $0 | |
Latoya Forbes Vice President | 10 | $0 | |
Gloria Ellison Secretay | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $49,733 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $10,499 |
Total Revenue | $60,232 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $14,081 |
Professional fees and other payments to independent contractors | $3,514 |
Occupancy, rent, utilities, and maintenance | $36,347 |
Printing, publications, postage, and shipping | $567 |
Other expenses | $7,878 |
Total expenses | $62,387 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,586 |
Other assets | $0 |
Total assets | $15,586 |
Total liabilities | $0 |
Net assets or fund balances | $15,586 |