Grace Team Ministries Inc
- Assets
- $385.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hickory, NC
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 82-5465460
Organization Overview
Grace Team Ministries Inc is located in Hickory, NC. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Team 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 Team Ministries Inc generated $710.0 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 (27.6%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2021. 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
MINISTRY TEAMS DESIGNED TO SHARE THE LOVE AND GRACE OF CHRIST BY USING COMEDY, ILLUSIONS, STUDYING SCRIPTURES AND PROVIDING NEEDS TO THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Keith Brown President | 20 | $0 | |
Candace Brown Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $710 |
| 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 | $710 |
| 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 | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $102 |
| Other expenses | $573 |
| Total expenses | $1,075 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $385 |
| Other assets | $0 |
| Total assets | $385 |
| Total liabilities | $0 |
| Net assets or fund balances | $385 |
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