Civic Intelligence

Abounding Grace Ministry Inc.

EIN 26-2340478 • 501(c)3 • Rutherfordton, NC

Pub. 78 Eligible990-N CoverageNTEE I43

Profile

During 2021 we met 51 times, with varying numbers of women partcicpating in our bible studies. We gave away 1,214 meals and were able to furnish 855 personal items to our needy women. We also experienced 30 lady inmates make a profession of faith. We also had 234 life rededications and we distributed 234 bibles. Page 2, part iii, line 28a: program service expenses : $ 75,752

110 John Smith RdRutherfordton, NC 28139

n/A

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

63rd percentile

9.9%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

96th percentile

$37,500

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 22.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

98th percentile

524%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Revenue Growth

82nd percentile

41%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2023

Assets

Down

$14,488

Down $43,174 (-75%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$72,150

Up $14,488 (+25%) from 2023

Revenue

Down

$154,545

Down $12,538 (-7.5%) from 2023

Expenses

Down

$140,057

Down $10,515 (-7.0%) from 2023

Net Income

Down

$14,488

Down $2,023 (-12%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $17,870Liabilities 2016: $0Net Assets 2016: $17,8702016Assets 2018: $17,516Net Assets 2018: $17,5162018Assets 2019: $25,610Net Assets 2019: $25,6102019Assets 2020: $18,260Net Assets 2020: $43,8702020Assets 2021: $1,480Net Assets 2021: $19,7402021Assets 2022: $41,151Net Assets 2022: $41,1512022Assets 2023: $57,662Net Assets 2023: $57,6622023Assets 2024: $14,488Net Assets 2024: $72,1502024

Highlighted filing

2024

Assets$14,488
Liabilities-
Net Assets$72,150

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2016: $72,907Expenses 2016: $53,442Net Income 2016: $19,4652016Revenue 2018: $87,327Expenses 2018: $71,980Net Income 2018: $15,3472018Revenue 2019: $75,923Expenses 2019: $67,829Net Income 2019: $8,0942019Revenue 2020: $98,717Expenses 2020: $80,457Net Income 2020: $18,2602020Revenue 2021: $83,617Expenses 2021: $82,137Net Income 2021: $1,4802021Revenue 2022: $129,301Expenses 2022: $89,630Net Income 2022: $39,6712022Revenue 2023: $167,083Expenses 2023: $150,572Net Income 2023: $16,5112023Revenue 2024: $154,545Expenses 2024: $140,057Net Income 2024: $14,4882024

Highlighted filing

2024

Revenue$154,545
Expenses$140,057
Net Income$14,488

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.1
Gross Receipts
$154,545
Mission and Program Overview

Mission

During 2021 we met 51 times, with varying numbers of women partcicpating in our bible studies. We gave away 1,214 meals and were able to furnish 855 personal items to our needy women. We also experienced 30 lady inmates make a profession of faith. We also had 234 life rededications and we distributed 234 bibles. Page 2, part iii, line 28a: program service expenses : $ 75,752

We met 51 times, 2 hours weekly plus lunch after bible study. A lot of great bible was taught on a variety of topics to help spiritual, emotional and intellectual need of the women. 2240 food boxes were given away plus other toiletries 1931 personal care items and clothing were given awaw disaster relief- hurricane helene helped green hill baptist church, bill's creek area,supplies to pastor wayne stafford of pilgram's way baptist church items included tents, sleeping bags, heaters, propane, food and much more

Program Services

DescriptionGrantsExpenses
SEE ATTACHMENT--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIRSTENE LANDRYChairmanFT$34,500-$34,500
CRYSTAL TAYLORMember-$17,265-$17,265
MIRANDA JENKINSMember-$15,653-$15,653
ANGELA ALLENVice Chairman-$0--
BARBARA WHITESecretary-$0--
NETTIE LAUGHTERMember-$0--
DEBBIE KENDRICKMember-$0--
Filing and Contact Details

Filer

Filer Name
Abounding Grace Ministry Inc
EIN
26-2340478
Phone
8284290289
Address
110 JOHN SMITH RD, RUTHERFORDTON, NC 28139

Signing Officer

Name
Kirstene Landry
Title
President
Phone
8284290289
Signed
2025-04-28
Discuss with paid preparer
No

Preparer

Firm
H and R Block
Address
1639 COLLEGE AVE, SPINDALE, NC 28160
Preparer
Elaine Austin
Phone
8004725625
Supplemental Narrative

Additional Explanations

PART 1 LINE 16 - PHONE SOLICITATIONS, VEHICLE EXPENSES, FOOD GIVEAWAY, ETC $47,245

FORM 990EZ

PAGE 2 PART III LINE 28A PROGRAM SERVICE EXPENSES $14,347

FORM 990EZ

Raw XML Appendix140 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.

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