Civic Intelligence

Graces Way Inc.

990 • Fiscal year 2020 • EIN 20-8337541

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 21, 2021

406 W Plum StGeorgetown, OH 45121

(937) 378-6041

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.03x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

9.32x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

51st percentile

5.7%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

45th percentile

1.0%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

6.8%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$446,605

Up $4,281 (+1.0%) from 2019

Net Assets

Up

-$11,417

Up $2,825 (+20%) from 2019

Liabilities

Up

$458,022

Up $1,456 (+0.3%) from 2019

Revenue

Up

$49,165

Up $3,113 (+6.8%) from 2019

Expenses

Down

$46,340

Down $887 (-1.9%) from 2019

Net Income

Up

$2,825

Up $4,000 (+340%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2011: $499,168Liabilities 2011: $456,521Net Assets 2011: $42,6472011Assets 2012: $493,453Liabilities 2012: $456,198Net Assets 2012: $37,2552012Assets 2013: $483,170Liabilities 2013: $456,190Net Assets 2013: $26,9802013Assets 2014: $473,108Liabilities 2014: $456,395Net Assets 2014: $16,7132014Assets 2015: $465,036Liabilities 2015: $458,578Net Assets 2015: $6,4582015Assets 2016: $460,384Liabilities 2016: $460,524Net Assets 2016: -$1402016Assets 2017: $453,728Liabilities 2017: $460,878Net Assets 2017: -$7,1502017Assets 2018: $444,352Liabilities 2018: $457,419Net Assets 2018: -$13,0672018Assets 2019: $442,324Liabilities 2019: $456,566Net Assets 2019: -$14,2422019Assets 2020: $446,605Liabilities 2020: $458,022Net Assets 2020: -$11,4172020Assets 2021: $440,007Liabilities 2021: $458,296Net Assets 2021: -$18,2892021Assets 2022: $421,363Liabilities 2022: $458,455Net Assets 2022: -$37,0922022Assets 2023: $415,947Liabilities 2023: $16,007Net Assets 2023: $399,9402023Assets 2024: $403,228Liabilities 2024: $16,624Net Assets 2024: $386,6042024

Highlighted filing

2020

Assets$446,605
Liabilities$458,022
Net Assets-$11,417

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $22,989Expenses 2011: $34,554Net Income 2011: -$11,5652011Revenue 2012: $29,425Expenses 2012: $34,817Net Income 2012: -$5,3922012Revenue 2013: $29,813Expenses 2013: $40,088Net Income 2013: -$10,2752013Revenue 2014: $29,686Expenses 2014: $39,953Net Income 2014: -$10,2672014Revenue 2015: $37,068Expenses 2015: $47,323Net Income 2015: -$10,2552015Revenue 2016: $38,246Expenses 2016: $44,844Net Income 2016: -$6,5982016Revenue 2017: $42,987Expenses 2017: $50,475Net Income 2017: -$7,4882017Revenue 2018: $43,608Expenses 2018: $49,525Net Income 2018: -$5,9172018Revenue 2019: $46,052Expenses 2019: $47,227Net Income 2019: -$1,1752019Revenue 2020: $49,165Expenses 2020: $46,340Net Income 2020: $2,8252020Revenue 2021: $47,083Expenses 2021: $53,955Net Income 2021: -$6,8722021Revenue 2022: $45,222Expenses 2022: $64,025Net Income 2022: -$18,8032022Revenue 2023: $48,423Expenses 2023: $58,392Net Income 2023: -$9,9692023Revenue 2024: $48,386Expenses 2024: $61,722Net Income 2024: -$13,3362024

Highlighted filing

2020

Revenue$49,165
Expenses$46,340
Net Income$2,825
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 21, 2021
Return Version
2020v4.0
Gross Receipts
$49,165
Mission and Program Overview

Mission

To provide facilities & services designed to meet the physical, social and psychological needs for elderly & handicapped individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$415,330$398,731▼ $16,599
Cash and Non-Interest-Bearing Accounts$1,480$10,263▲ $8,783
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$442,324$446,605▲ $4,281
Other Assets Total$25,514$37,611▲ $12,097
Liabilities
Other Liabilities$450,460$448,084▼ $2,376
Accounts Payable and Accrued Expenses$6,106$9,938▲ $3,832
Total Liabilities$456,566$458,022▲ $1,456
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-14,242$-11,417▲ $2,825
Total Net Assets Fund Balance$-14,242$-11,417▲ $2,825
Total Liabilities and Net Assets / Fund Balance$442,324$446,605▲ $4,281

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$377,731$163,568$541,299
Land$21,000-$21,000
Other Assets Org$1,084--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel WickerhamExecutive Director
Janie PhillipsFiscal Director
Bonita HaasTrustee
Gene BishopTrustee
Mindy ReisTrustee
Sandy AtkinsTrustee
Nancy DarbySecretary
Mary CassidyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$48,540
Investment Income
$26
Other Revenue
$599
Change in Net Assets
$2,825

Audited Revenue Reconciliation

Revenue per Audited Statements
$49,165
Total Revenue per Audited Statements
$49,165
Total Revenue per Form 990
$49,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,526
Salaries, Compensation, and Employee Benefits$4,814
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$16,599--$16,599
Other Salaries and Wages$836$3,978-$4,814
Fees for Services Management-$3,699-$3,699
Fees for Services Accounting$2,986--$2,986
All Other Expenses$2,395--$2,395
Office Expenses$1,830--$1,830
Other Expenses$1,150--$1,150
Insurance$1,134--$1,134
Advertising$274--$274
Total Functional Expenses$38,663$7,677$0$46,340

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$46,340
Total Expenses per Audited Statements$46,340
Total Expenses per Form 990$46,340
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Advance--hud$447,000
Tenant Security Deposits Payable$1,084
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Graces Way Inc
EIN
20-8337541
Phone
9373786041
Address
406 W PLUM ST, GEORGETOWN, OH 45121

Signing Officer

Name
Daniel Wickerham
Title
Executive Director
Signed
2021-10-21
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Lisa M Shawver CPA LLC
Address
2920 GLENDALE-MILFORD RD SUITE 230, CINCINNATI, OH 45241
Preparer
Lisa M Shawver CPA
Phone
5137335144
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IRS990/PYOtherExpensesAmt040278
IRS990/PYOtherRevenueAmt0471
IRS990/PYProgramServiceRevenueAmt045531
IRS990/PYRevenuesLessExpensesAmt0-1175
IRS990/PYSalariesCompEmpBnftPaidAmt06949
IRS990/PYTotalExpensesAmt047227
IRS990/PYTotalRevenueAmt046052
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02825
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt048540
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0235
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt048540
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt045531
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt043000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt042605
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt021147
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0200823
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0235
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0599
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0471
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0537
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0321
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0168
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02096
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98850
IRS990ScheduleA/PublicSupportPY509Pct00.98780
IRS990ScheduleA/PublicSupportTotal509Amt0200823
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt048540
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt045531
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt042605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt021147
IRS990ScheduleA/Total509Grp/TotalAmt0200823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt049165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046052
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt043608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt042987
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt021342
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0203154
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0377731
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0163568
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0541299
IRS990ScheduleD/ExpensesSubtotalAmt046340
IRS990ScheduleD/LandGrp/BookValueAmt021000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt036527
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11084
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0447000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11084
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL ADVANCE--HUD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt049165
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0398731
IRS990ScheduleD/TotalBookValueOtherAssetsAmt037611
IRS990ScheduleD/TotalExpensesPerForm990Amt046340
IRS990ScheduleD/TotalLiabilityAmt0448084
IRS990ScheduleD/TotalRevenuePerForm990Amt049165
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt049165
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt046340
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ABCEO INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0CHARITABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0406 W PLUM ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GEORGETOWN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045121
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt04814

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.17$3.87$0.48$0.62$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.16$4.00$0.48$0.58$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$4.58$0.37$0.45$0.64$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$4.58$0.18$0.47$0.54$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.47$4.58$0.11$0.49$0.46$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$4.57$0.14$0.46$0.47$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$4.57$0.13$0.44$0.50$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$4.61$0.07$0.43$0.50$0.07
2016Detailed filing. Detailed filing data is available for this year.$4.60$4.61$0.00$0.38$0.45$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.65$4.59$0.06$0.37$0.47$0.10
2014Detailed filing. Detailed filing data is available for this year.$4.73$4.56$0.17$0.30$0.40$0.10
2013Summary only. Only limited summary data is available for this year.$4.83$4.56$0.27$0.30$0.40$0.10
2012Summary only. Only limited summary data is available for this year.$4.93$4.56$0.37$0.29$0.35$0.05
2011Summary only. Only limited summary data is available for this year.$4.99$4.57$0.43$0.23$0.35$0.12
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits