Civic Intelligence

Grace Spring Music Ministries Inc

EIN 20-2665358 • 501(c)3 • Syosset, NY

Profile

Christ-centered music ministry

59 Birchwood CT WSyosset, NY 11791

www.gracespring.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

NTEE A68 • <$500k nonprofits • Source year 2024

Asset Growth

26th percentile

-22%

Faster asset growth than 26% of similar nonprofits.

NTEE A68 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$2,747

Down $769 (-22%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$2,747

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$769

Up $269 (+54%) from 2023

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2010: $16,965Net Assets 2010: $16,9652010Assets 2011: $14,653Net Assets 2011: $14,6532011Assets 2012: $13,853Net Assets 2012: $13,8532012Assets 2013: $12,326Net Assets 2013: $12,3262013Assets 2014: $7,674Net Assets 2014: $7,6742014Assets 2015: $7,073Net Assets 2015: $7,0732015Assets 2016: $6,426Net Assets 2016: $6,4262016Assets 2017: $6,029Net Assets 2017: $6,0292017Assets 2018: $5,641Net Assets 2018: $5,6412018Assets 2019: $5,266Net Assets 2019: $5,2662019Assets 2020: $4,891Net Assets 2020: $4,8912020Assets 2021: $4,516Net Assets 2021: $4,5162021Assets 2022: $4,016Net Assets 2022: $4,0162022Assets 2023: $3,516Liabilities 2023: $02023Assets 2024: $2,747Net Assets 2024: $2,7472024

Highlighted filing

2024

Assets$2,747
Liabilities-
Net Assets$2,747
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$5.0K$0-$5.0KRevenue 2010: $2,948Expenses 2010: $2,324Net Income 2010: $6242010Revenue 2011: $170Expenses 2011: $2,483Net Income 2011: -$2,3132011Revenue 2012: $147Expenses 2012: $947Net Income 2012: -$8002012Expenses 2013: $1,5272013Revenue 2014: $33Expenses 2014: $4,685Net Income 2014: -$4,6522014Expenses 2015: $6002015Expenses 2016: $6472016Expenses 2017: $3972017Expenses 2018: $3882018Expenses 2019: $3752019Expenses 2020: $3752020Expenses 2021: $3752021Expenses 2022: $5002022Revenue 2023: $0Expenses 2023: $500Net Income 2023: -$5002023Expenses 2024: $7692024

Highlighted filing

2024

Revenue-
Expenses$769
Net Income-
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,747
Liabilities
-
Net assets
$2,747
Revenue
-
Expenses
$769
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.75$2.75$0.77
2023Summary only. Only limited summary data is available for this year.$3.52$0.00$0.00$0.50$0.50
2022Detailed filing. Detailed filing data is available for this year.$4.02$4.02$0.50
2021Detailed filing. Detailed filing data is available for this year.$4.52$4.52$0.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.89$4.89$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$5.27$0.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.64$5.64$0.39
2017Detailed filing. Detailed filing data is available for this year.$6.03$6.03$0.40
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.43$6.43$0.65
2015Detailed filing. Detailed filing data is available for this year.$7.07$7.07$0.60
2014Detailed filing. Detailed filing data is available for this year.$7.67$7.67$0.03$4.69$4.65
2013Detailed filing. Detailed filing data is available for this year.$12.3$12.3$1.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$13.9$0.15$0.95$0.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$14.7$0.17$2.48$2.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$17.0$2.95$2.32$0.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.0
Mission and Program Overview

Mission

Christ-centered music ministry

Program Services

DescriptionGrantsExpenses
1. WORSHIP JESUS CHRIST THROUGH MUSIC 2. ENCOURAGE AND INSPIRE THE WORLD WITH GOSPEL MUSIC 3. COMPOSITION AND CHOIR PERFORMANCE 4. SPREAD GOSPEL-$125
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TONY ZHANGDirector-$0--
JIMMY HUDirector-$0--
DANIEL HUDirector-$0--
Filing and Contact Details

Filer

Filer Name
Grace Spring Music Ministries Inc
EIN
20-2665358
Phone
9176246333
Address
59 BIRCHWOOD CT W, SYOSSET, NY 11791

Signing Officer

Name
Tony Zhang
Title
Director
Phone
9176246333
Signed
2025-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Edward M Palmese CPA
Address
92 TWIN LAWNS AVE, HICKSVILLE, NY 11801-1819
Preparer
Edward M Palmese CPA
Phone
5162425922
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses tax preparation 500 webhost 144 write down of inventory 125 total 769”

Form 990-ez, Part II, Line 24

“Inventories for sale or use 125 0 website 3,242 3,242 less accumulated depreciation 3,242 3,242 total 125 0”

Form 990-ez, Part III, Line 28

“1. Worship jesus christ through music 2. Encourage and inspire the world with gospel music 3. Composition and choir performance 4. Spread gospel”

Raw XML Appendix107 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TONY ZHANG
IRS990EZ/BooksInCareOfDetail/PhoneNum09176246333
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt059 BIRCHWOOD CT W
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SYOSSET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011791
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03391
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02747
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-769
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03516
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02747
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03516
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02747
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03516
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02747
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TONY ZHANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIMMY HU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIEL HU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0125
IRS990EZ/OtherExpensesTotalAmt0769
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHRIST-CENTERED MUSIC MINISTRY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt01. WORSHIP JESUS CHRIST THROUGH MUSIC 2. ENCOURAGE AND INSPIRE THE WORLD WITH GOSPEL MUSIC 3. COMPOSITION AND CHOIR PERFORMANCE 4. SPREAD GOSPEL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0125
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0769
IRS990EZ/TotalProgramServiceExpensesAmt0125
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GRACESPRING.ORG
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TAX PREPARATION 500 WEBHOST 144 WRITE DOWN OF INVENTORY 125 TOTAL 769
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 125 0 WEBSITE 3,242 3,242 LESS ACCUMULATED DEPRECIATION 3,242 3,242 TOTAL 125 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21. WORSHIP JESUS CHRIST THROUGH MUSIC 2. ENCOURAGE AND INSPIRE THE WORLD WITH GOSPEL MUSIC 3. COMPOSITION AND CHOIR PERFORMANCE 4. SPREAD GOSPEL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TONY ZHANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09176246333
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE SPRING MUSIC MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0202665358
ReturnHeader/Filer/PhoneNum09176246333
ReturnHeader/Filer/USAddress/AddressLine1Txt059 BIRCHWOOD CT W
ReturnHeader/Filer/USAddress/CityNm0SYOSSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011791
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113030348
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDWARD M PALMESE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt092 TWIN LAWNS AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HICKSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0118011819
ReturnHeader/PreparerPersonGrp/PhoneNum05162425922
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD M PALMESE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-01T10:46:16-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.