Love And Grace Family Resource Ministry
- Assets
- $60.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, TX
- Founding
- Data as of
- 12/2023
- EIN
- 84-3307502
Organization Overview
Love And Grace Family Resource Ministry is located in Canton, TX. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love And Grace Family Resource Ministry 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 12/2023, Love And Grace Family Resource Ministry generated $104.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $108.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 3 years. 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
WE PROVIDE FREE FOOD AND HYGIENE ITEMS TO FAMILIES IN NEED, SERVING ANY QUALIFIED FAMILY IN OUR COUNTY AS WELL AS HELPING FAMILIES IN OTHER COUNTIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Clements Treasurer | 50 | $0 | |
Eddie Dwayne Clements President | 70 | $0 | |
Cindy Hale Director | 30 | $0 | |
Denise Daugherty Secretary | 5 | $0 | |
Karen Coursey Director | 15 | $0 | |
Ruben Reyes Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,232 |
| 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 | $104,232 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $39,742 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,014 |
| Total expenses | $108,756 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,798 |
| Other assets | $0 |
| Total assets | $60,912 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,912 |