Grace-Based Films Inc
- Assets
- $140.0k
- Revenue
- $119.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 84-4720181
Organization Overview
Grace-Based Films Inc is located in Los Angeles, CA. According to its NTEE Classification (X81) the organization is classified as: Religious Film & Video, 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-Based Films 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 12/2022, Grace-Based Films Inc generated $119.6k 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 (28.8%) each year. All expenses for the organization totaled $382.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GRACE-BASED FILMS IS A 501(C)3 FILM PRODUCTION COMPANY BASED IN HOLLYWOOD. WE TELL UNIVERSAL STORIES THAT REVEAL THE COMPLEXITY OF LIVING A LIFE IN HOPE AND FAITH. WE HAVE RE-ENVISIONED THE TYPICAL FILM BUSINESS MODEL. BY FUNDING OUR FILMS THROUGH DONORS RATHER THAN INVESTORS, WE GET TO PUT PEOPLE TO WORK AND OUR PROFITS GO TOWARD FUTURE STORIES AND PHILANTHROPY, RATHER THAN INVESTORS AND FILMMAKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A MAJORITY OF PROGRAM REVENUE AND EXPENSES ARE RELATED TO THE PROGRAM SERVICE OF "A CASE FOR LOVE" - A DOCUMENTARY FEATURING BISHOP MICHAEL CURRY'S MESSAGE OF UNIVERSAL, UNSENTIMENTAL, SACRIFICIAL LOVE, INTERWOVEN WITH CONVERSATIONS INVOLVING FAMILIAR FIGURES AND EVERYDAY PEOPLE TO EXPLORE HOW THIS MESSAGE IS LIVED OUT IN THE GREATER WORLD. IT WILL CONNECT THAT POWERFUL MESSAGE WITH THE GLOBAL AUDIENCE THAT HOLLYWOOD REACHES.
THE SECOND PROGRAM SERVICE THAT GRACE BASED FILMS ENGAGED IN FOR 2022 WAS FILMING A LIVE PLAY FOR THE VIRGINIA THEOLOGICAL SEMINARY TO KEEP IN THE SEMINARY'S HISTORICAL RECORDS FOR POSTERITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Ide CEO & President | OfficerTrustee | 20 | $0 |
Carl T Anderson Secretary | OfficerTrustee | 15 | $0 |
Steven Fleenor CFO | OfficerTrustee | 20 | $15,896 |
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 | $99,637 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,637 |
| Total Program Service Revenue | $20,000 |
| 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 | $119,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,837 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $121,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,500 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $17,201 |
| Office expenses | $3,018 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,895 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,105 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,297 |
| All other expenses | $9,690 |
| Total functional expenses | $382,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,959 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $139,959 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $139,959 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $139,959 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
China Soul For Christ Foundation Rohnert Park, CA | $1,905,178 | $500,192 |
Life Giving Resources Inc Hemet, CA | $1,049,300 | $554,083 |
Global Media & It Anaheim, CA | $225,003 | $540,447 |
Grace-Based Films Inc Los Angeles, CA | $139,959 | $119,637 |
Inspiring Philosophy Ministries Tucson, AZ | $74,134 | $239,901 |
Wmbc Foundation Los Angeles, CA | $40,478 | $0 |
Jfilmla West Hollywood, CA | $303,914 | $351,416 |
Halle Project San Luis Obispo, CA | $340,423 | $157,650 |
Anchored North San Marino, CA | $33,821 | $0 |
Resurrection Pictures Inc Pasadena, CA | $319,227 | $131,824 |
Ministry Of Mustard Seed Rowland Heights, CA | $106,024 | $0 |
Mas Cielo Inc Sacramento, CA | $131 | $0 |
Chinese Christianity Network Tv Bellflower, CA | $64,018 | $0 |
A Simple Catholic Scottsdale, AZ | $12,639 | $0 |
Liaison Ministries Stevenson Ranch, CA | $2,080 | $0 |
Jmj Film Fest Inc Scottsdale, AZ | $0 | $0 |
Christian Adventure Films Inc Rncho Cordova, CA | $0 | $0 |
Santos Soul Productions Inc Vacaville, CA | $0 | $0 |