Grace Extended Ministries Inc
- Assets
- $80.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Robbinsville, NC
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 82-4208418
Organization Overview
Grace Extended Ministries Inc is located in Robbinsville, NC. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Extended Ministries 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 Extended Ministries Inc generated $198.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $166.7k during the year ending 12/2021. While expenses have increased by 17.9% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
OPERATE A THRIFT STORE TO FUND THE RECOVERY PROGRAM AND OPERATE RECOVERY PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jermiah Wike President | 32 | $31,386 | |
Michael Teem Member | 2 | $0 | |
Bethany Stalcup Secretary | 5 | $0 | |
Vicki Teem Director | 2 | $0 | |
Elisa Rogers Treasurer | 5 | $0 | |
Cindy Hall Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,803 |
| Total Program Service Revenue | $143,662 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,848 |
| Professional fees and other payments to independent contractors | $12,103 |
| Occupancy, rent, utilities, and maintenance | $36,101 |
| Printing, publications, postage, and shipping | $3,033 |
| Other expenses | $34,619 |
| Total expenses | $166,704 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,695 |
| Other assets | $0 |
| Total assets | $80,239 |
| Total liabilities | $18,028 |
| Net assets or fund balances | $62,211 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grace Extended Ministries Inc has recieved totaling $11,600.
| Awarding Organization | Amount |
|---|---|
Dogwood Health Trust Asheville, NC PURPOSE: OPERATIONAL GRANT | $11,600 |
Peer Organizations
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|---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Palmetto Goodwill North Charleston, SC | $100,114,143 | $50,949,954 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Mid-Cumberland Human Resource Agency Nashville, TN | $16,634,342 | $31,822,877 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Inter-Faith Food Shuttle Raleigh, NC | $8,299,507 | $23,329,525 |
Total Action Against Poverty In Roanoke Valley Roanoke, VA | $8,696,425 | $23,450,227 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |