Grace Foundation Usa is located in Cerritos, CA. The organization was established in 2019. 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 Foundation USA 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 10/2023, Grace Foundation USA generated $30.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $36.8k during the year ending 10/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO FUND FOR MEDICAL AND EDUCATIONAL MISSIONARY MINITRIES FOR THE GRACE FOUNDATION, THAILAND. THE UNEXPECTED INFLUX OF INDIGENT REFUGEE CHILDREN AND YOUNG ADULTS FROM ACROSS THE BORDER (FROM MYANMAR AND CAMBODIA) IN THE GOLDEN TRIANGLE LED TO AN ACUTE NEED FOR INCREASED FUNDING TO NOURISH, EDUCATE AND PROVIDE LIFE SKILLS TO THESE YOUNGSTERS. THIS IN TURN BROUGHT IN A SIGNIFICANT INCREASE OF DONATIONS FOR THIS VERY WORTHY CAUSE, DUBBED "ADOPT A YOUNGSTER PROGRAM". OUR DENTAL TEAM SERVED ABOUT 500 INDIGENTS IN CHIANGRAI, NORTHERN THAILAND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rosangela Chiu President | 5 | $0 | |
Philip Chiu Treasurer | 5 | $0 | |
Joyce Yu Director | 1 | $0 | |
Bob Cheng Director | 1 | $0 | |
Alan Chiu Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,810 |
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 | $30,810 |
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 | $1,375 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $5 |
Other expenses | $387 |
Total expenses | $36,767 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,413 |
Other assets | $0 |
Total assets | $5,413 |
Total liabilities | $0 |
Net assets or fund balances | $5,413 |