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 12/2021, Grace Place Inc employed 4 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 12/2021, Grace Place Inc generated $168.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $183.5k during the year ending 12/2021. 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
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marni Mckenzie Secretary | Officer | 1 | $0 |
Jonathan Garner Vice Preside | Officer | 1 | $0 |
John Howell President | Officer | 1 | $0 |
Bob Wadsworth Treasurer | Officer | 5 | $0 |
Jeffery Bean Director | Trustee | 1 | $0 |
Jimmy Mccloud Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $146,418 |
All other contributions, gifts, grants, and similar amounts not included above | $22,338 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $168,756 |
Total Program Service Revenue | $0 |
Investment income | $86 |
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 | $168,842 |
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 | $98,715 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,552 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,053 |
Fees for services: Accounting | $1,085 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $694 |
Office expenses | $772 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,934 |
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 | $16,914 |
Insurance | $5,409 |
All other expenses | $2,084 |
Total functional expenses | $183,451 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,700 |
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 | $182,933 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $900 |
Total assets | $281,533 |
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 | $1,841 |
Total liabilities | $1,841 |
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 | $279,692 |
Total liabilities and net assets/fund balances | $281,533 |
Over the last fiscal year, we have identified 1 grants that Grace Place Inc has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Community Foundation Of Northwest Mississippi Inc Hernando, MS PURPOSE: FOOD-GENERAL SUPPORT | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Centerstone Of Illinois Inc Nashville, TN | $18,846,836 | $43,559,837 |
Council For Alcohol And Drug Abuse Services Inc Chattanooga, TN | $19,967,884 | $11,432,383 |
Harbor House Inc Of Fort Smith Fort Smith, AR | $8,219,813 | $9,301,787 |
Bridge Center For Hope Baton Rouge, LA | $710,936 | $6,641,609 |
The Bridge Inc Gadsden, AL | $8,378,595 | $6,557,156 |
Alcohol And Drug Abuse Treatment Centers Inc Birmingham, AL | $1,049,692 | $3,976,123 |
Discovery Place Inc Burns, TN | $3,114,336 | $3,624,741 |
Responsibility House Kenner, LA | $1,111,413 | $3,070,202 |
Tennessee Association Of Alcohol And Drug Abuse Services Inc Nashville, TN | $916,417 | $3,249,157 |
Jackson Area Council On Alcoholism And Drug Dependency Jackson, TN | $2,076,680 | $2,372,456 |
Christian Outreach Center Of Baton Rouge Inc Baton Rouge, LA | $600,588 | $2,275,934 |
National Center For Youth Issues Chattanooga, TN | $5,593,962 | $2,668,788 |