Graceline Inc

Organization Overview

Graceline Inc is located in Dallas, TX. The organization was established in 2002. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Graceline Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Graceline 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, Graceline Inc generated $327.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $108.2k during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 7 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

THE ORGANIZATION PROVIDES SPEAKERS TO TEACH AT LOCAL CHURCHES IN ORDER TO FURTHER THE GOSPEL OF JESUS CHRIST. ADDITIONALLY, THE ORGANIZATION MENTORS OTHERS TO TRAIN AND EQUIP THEM FOR CHRISTIAN MINISTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRACE LINE'S PRESIDENT, DR. CHAY, TAUGHT A WEEKLY ADULT SUNDAY BIBLE CLASS AT GRACE BIBLE CHURCH IN DALLAS,TX. VIDEO AND AUDIO RECORDINGS OF THESE PRESENTATIONS HAVE BEEN MADE AVAILABLE ON YOUTUBE THE WWW.GRACELINE.NET.


GRACE LINE CONSULTED WITH GRACE SCHOOL OF THEOLOGY REGARDING EDUCATIONAL STRATEGIES AND CURRICULUM.


A WEEKLY EMAIL DEVOTIONAL CONTINUED FOR THE TENTH YEAR, WITH GROWTH IN THE NUMBER OF SUBSCRIBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Fred Chay
President
$4,012
Jim O'connor
Director
$0
Craig Skillicorn
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $22,536
All other contributions, gifts, grants, and similar amounts not included above$154,243
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$176,779
Total Program Service Revenue$0
Investment income $60,455
Tax Exempt Bond Proceeds $0
Royalties $35
Net Rental Income $0
Net Gain/Loss on Asset Sales $91,784
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $327,026

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Graceline Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: RELIGION RELATED

$10,000
View Grant Recipient Profile

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