Grace And Truth International Inc is located in Decatur, AL. The organization was established in 2019. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace And Truth International 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, Grace And Truth International Inc generated $139.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $105.5k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
WE PARTNER WITH THE BUSINESS DEVELOPMENT CENTER ZAMBIA (BDCA), WHICH IS A PARTNER ORGANIZATION WHERE INDIVIDUAL CAN ENROLL IN A 14 WEEK TRAINING SESSION TO RECEIVE IN-DEPTH AND ONE-ON-ONE MENTORING AS THEY START THEIR OWN BUSINESSES. WE SUPPORT THE FINANCIALLY AND BRING US BUSINESS PEOPLE TO ZAMBIA TO PROVIDE BUSINESS TRAINING CONFERENCES/SESSIONS FOR THEIR STUDENTS. APPROXIMATELY 15 ENTREPRENEURS WERE TRAINED THIS YEAR. WE ALSO PARTNER WITH GRACE AND TRUTH ZAMBIA, WHICH DO COMPASSION PROJECTS LIKE DIGGING CLEAN WATER BORE HOLES, IMPROVE FACILITIES AT SCHOOLS AND PROVIDE MENSTRUAL MATERIALS FOR HIGH SCHOOL GIRLS. THEY HAVE SEEN 500-700 PEOPLE BENEFIT FOR THIS SERVICE. THE REFRESH FAMILY CONFERENCE IS AN ALL=ENCOMPASSING FAMILY CONFERENCE FOR MISSIONARIES AND THEIR FAMILIES. IT INCLUDES: VBS FOR THE CHILDREN, A STUDENT RETREAT FOR MIDDLE AND HIGH SCHOOL STUDENTS, AND A MARRIAGE RETREAT WITH LICENSED MARRIAGE COUNSELORS FOR THE COUPLES. ALL EXPENSES ARE COVER FOR THE FAMILIES EXCEPT THEIR TRAVEL TO THE CONFERENCE. THERE WERE APPROXIMATELY 60 PEOPLE AND 20 VOLUNTEERS PARTICIPATE THIS YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Larry Waye President | 0 | $0 | |
Will Sims Vice Preside | 0 | $0 | |
Emily Sims Secretary | 0 | $0 | |
David Griffin Director | 0 | $0 | |
Kevin Pestke Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $139,404 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $139,404 |
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 | $325 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $39,829 |
Total expenses | $105,460 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $118,402 |
Other assets | $0 |
Total assets | $118,402 |
Total liabilities | $0 |
Net assets or fund balances | $118,402 |