Grounded In Grace
- Assets
- $2.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dandridge, TN
- Founding
- Data as of
- 12/2022
- EIN
- 86-1324498
Organization Overview
Grounded In Grace is located in Dandridge, TN. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grounded In Grace 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, Grounded In Grace generated $28.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $27.5k during the year ending 12/2022. While expenses have increased by 19.6% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Thompson President | 25 | $0 | |
Donna G Thompson Secretarytreasure | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,321 |
| 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 | $28,321 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $2,280 |
| Printing, publications, postage, and shipping | $1,307 |
| Other expenses | $5,052 |
| Total expenses | $27,546 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,110 |
| Other assets | $0 |
| Total assets | $2,110 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,110 |