Grace Place Inc
- Assets
- $322.6k
- Revenue
- $263.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Batesville, MS
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 82-3889996
Organization Overview
Grace Place Inc is located in Batesville, MS. The organization was established in 2018. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Grace Place Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Place 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 12/2022, Grace Place Inc generated $263.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $223.5k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MINISTER TO THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVED APPROXIMATELY 400 CLIENTS WITH FOOD, CLOTHING AND FURNITURE NEEDS WITH INCREASED ACTIVITY AND PARTNERSHIP WITH CHURCHES AND OTHER FOOD PANTRIES DURING THE CHALLENGES OF COVID. ALSO SERVED 4 PANOLA COUNTY APARTMENT COMPLEXES FOR APPROXIMATELY 140 SENIOR CITIZENS WITH FOOD BOX DELIVERIES TWICE MONTHLY. OPERATED ON-SITE CHILDREN'S PROGRAM IN THE SUMMER AND DURING THE SCHOOL SEMESTERS FOR AT-RISK CHILDREN. PROVIDED HOMEWORK ASSISTANCE, SNACKS AND DAILY MEALS, AND STRUCTURED ACTIVITIES FOR APPROXIMATELY 60 CHILDREN DURING AFTERNOON/EVENING PROGRAM.
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 |
|---|---|---|---|
Jeffery Bean Director | Trustee | $0 | |
Joe May Director | Trustee | $0 | |
Jimmy Mccloud Director | Trustee | $0 | |
Jonathan Garner President | Officer | $0 | |
Marni Mckenzie Secretary | Officer | $0 | |
Bob Wadsworth Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $241,255 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,560 |
| Total Program Service Revenue | $0 |
| Investment income | $149 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $263,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $131,386 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,507 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,427 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $681 |
| Office expenses | $3,418 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,664 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,355 |
| Insurance | $5,988 |
| All other expenses | $1,271 |
| Total functional expenses | $223,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,682 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $179,067 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $900 |
| Total assets | $322,649 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,705 |
| Total liabilities | $2,705 |
| 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 | $319,944 |
| Total liabilities and net assets/fund balances | $322,649 |