Pharmacy Of Grace Inc

Organization Overview

Pharmacy Of Grace Inc is located in Kansas City, KS. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pharmacy Of Grace 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, Pharmacy Of Grace Inc generated $245.2k in total revenue. All expenses for the organization totaled $23.5k during the year ending 12/2021. While expenses have increased by 28.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

(1) THE PURPOSE OF PHARMACY OF GRACE, INC. IS TO BREAK THE CYCLE OF HOMELESSNESS, POVERTY, SCHOOL ABSENTEE DAYS, AND UNEMPLOYMENT CAUSED BY UNMANAGED MEDICAL CONDITIONS. MANY CHRONIC MEDICAL CONDITIONS (SUCH AS HYPERTENSION, DIABETES, CONGESTIVE HEART FAILURE, ASTHMA, COPD, BI-POLAR, AND MIGRAINES) OFTEN GO UNMANAGED, WHICH EVENTUALLY CAN CAUSE PEOPLE TO SEEK COSTLY MEDICAL CARE AND POSSIBLE EMERGENCY HOSPITALIZATION. (2) THE MISSION OF PHARMACY OF GRACE IS TO IMPROVE ACCESS TO PRESCRIPTION MEDICATION FOR UNINSURED AND UNDERINSURED INDIVIDUALS AND TO INCREASE THE NUMBER OF PRESCRIPTION MEDICATIONS, MANY TIMES AT NO COST, AVAILABLE TO VULNERABLE POPULATIONS IN KANSAS. (3) OUR VISION IS FOR ALL PEOPLE, REGARDLESS OF AGE, RACE, NATIONAL ORIGIN, ETHNICITY, GENDER, RELIGION, DISABILITY OR SEXUAL ORIENTATION, TO HAVE AFFORDABLE AND SUSTAINABLE ACCESS TO PRESCRIPTION MEDICATIONS AND PHARMACY SERVICES THAT OPTIMIZE HEALTH IN OUR COMMUNITY. MOST OF ALL, WE WILL PROVIDE HOPE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PHARMACY OF GRACE (POG) WAS APPROVED FOR 501(C)3 STATUS IN LATE FEBRUARY 2019. DURING 2019, POG FOCUSED ON BUILDING CAPACITY AND PREPARATIONS FOR OPERATING A PHARMACY. IN 2020 DURING POG'S FUNDRAISING PHASE, OPERATIONS CAME TO A HALT DUE TO THE COVID-19 PANDEMIC AND HEALTHCARE FUNDERS REDIRECTING ALL POTENTIAL FUNDS TOWARD THE FIGHT AGAINST COVID-19. IN LATE 2020, POG WAS ABLE TO RESTART ACTIVITY AND DEVELOPING RELATIONSHIPS WITH MULTIPLE ORGANIZATIONS. THE RECEIPT OF THREE GRANTS IN MID 2021 ALLOWED POG TO MOVE TOWARD OPENING THE FIRST LOCATION. HEALTH FORWARD FOUNDATION, CHURCH OF THE RESURRECTION, AND ADVENT HEALTH MADE SIGNIFICANT INVESTMENTS IN THE MISSION. INDIVIDUAL DONORS ALSO CONTRIBUTED OVER $245,000 THAT HELPED PUSH THE ORGANIZATION FORWARD. IN 2022, POG STARTED NEGOTIATIONS FOR A NEW LOCATION IN THE MERCY & TRUTH MEDICAL BUILDING AND SIGNED A LEASE TO LOCATE IN THE BUILDING STARTING MID-2022.


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Board, Officers & Key Employees

Name (title)Compensation
John Yost
Board Chair
$0
Sara Yost
Secretary
$0
Troy Ross
Treasurer
$0
Michael Dunaway
Director
$0
Jason Gant
Director
$0
Ryan Matthews
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$245,181
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$245,181
Total Program Service Revenue$0
Investment income $0
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 $245,181

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Pharmacy Of Grace Inc has recieved totaling $155,000.

Awarding OrganizationAmount
Shawnee Mission Medical Center Inc

Shawnee Mission, KS

PURPOSE: GENERAL SUPPORT

$80,000
Health Care Foundation Of Greater Kansas City

Kansas City, MO

PURPOSE: SUPPORT FOR PHARMACY OF GRACE

$75,000
View Grant Recipient Profile

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