Civic Intelligence

Graceworks Ministries

990EZ • Fiscal year 2021 • EIN 27-8210394

Jan 01, 2021 to Dec 31, 2021 • Filed on May 03, 2022

5021 Locust StreetSmithville, MO 64089

(719) 278-9600

Siviq Scores

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

Liabilities / Assets

98th percentile

2.64x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

100th percentile

449%

Higher net margin than 100% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

96th percentile

$68,393

Higher top officer pay than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

61st percentile

14%

Faster asset growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Up

$90,622

Up $11,448 (+14%) from 2020

Net Assets

Down

-$148,244

Down $100,421 (-210%) from 2020

Liabilities

Up

$238,866

Up $111,869 (+88%) from 2020

Revenue

Down

-$31,501

Down $160,154 (-124%) from 2020

Expenses

Down

$109,885

Down $18,283 (-14%) from 2020

Net Income

Down

-$141,386

Down $141,871 (-29252%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2017: $21,675Liabilities 2017: $55,737Net Assets 2017: -$34,0622017Assets 2018: $19,775Liabilities 2018: $48,114Net Assets 2018: -$28,3392018Assets 2019: $16,486Liabilities 2019: $64,794Net Assets 2019: -$48,3082019Assets 2020: $79,174Liabilities 2020: $126,997Net Assets 2020: -$47,8232020Assets 2021: $90,622Liabilities 2021: $238,866Net Assets 2021: -$148,2442021Assets 2022: $118,848Liabilities 2022: $340,558Net Assets 2022: -$221,7102022Assets 2023: $87,249Liabilities 2023: $322,706Net Assets 2023: -$235,4572023

Highlighted filing

2021

Assets$90,622
Liabilities$238,866
Net Assets-$148,244

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2017: $183,437Expenses 2017: $168,992Net Income 2017: $14,4452017Revenue 2018: $199,023Expenses 2018: $193,300Net Income 2018: $5,7232018Revenue 2019: $198,854Expenses 2019: $218,823Net Income 2019: -$19,9692019Revenue 2020: $128,653Expenses 2020: $128,168Net Income 2020: $4852020Revenue 2021: -$31,501Expenses 2021: $109,885Net Income 2021: -$141,3862021Revenue 2022: $46,650Expenses 2022: $138,821Net Income 2022: -$92,1712022Revenue 2023: $68,787Expenses 2023: $89,837Net Income 2023: -$21,0502023

Highlighted filing

2021

Revenue-$31,501
Expenses$109,885
Net Income-$141,386
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 3, 2022
Return Version
2021v4.0
Gross Receipts
$81,210
Mission and Program Overview

Mission

Capacity building for Christian churches

Program Services

DescriptionGrantsExpenses
Promoted the organizational health and building capacity for non profit Christian Elementary and Secondary Schools in North America.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel KrauseOfficer: President Of GraceworksFT$68,393-$68,393
Steve HorneBoard Member-$0--
Bob MackBoard Member-$0--
Cordell DickBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Graceworks Ministries
EIN
27-8210394
Phone
7192789600
Address
5021 Locust Street, Smithville, MO 64089

Signing Officer

Name
Carrie Bolinger
Title
Accountant
Phone
9702105089
Signed
2022-05-03
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Description;Amount^SBAD Grant;5000^Total;5000^

Form 990-EZ, Part I, Line 16

Description;Amount^Bank service charges;328|Computer;21739|Continuing Education;3155|Dues;510|Insurance;590|Meals and Entertainment;296|Office;11157|Travel;3017|Payroll taxes;2878|Promotion;3604^Total;47274^

Form 990-EZ, Part I, Line 20

Rounding difference between years

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Accounts Receivable;10644|Undeposited Funds;158|Fixed Assets;68254^Total;79056^

Form 990-EZ, Part II, Line 26

Notes Payable: 37,251 Payroll Liabilities: 4,032 SBA Loan: 197,582

Raw XML Appendix205 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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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Carrie Bolinger
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Accountant
ReturnHeader/BusinessOfficerGrp/PhoneNum09702105089
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACEWORKS MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0278210394
ReturnHeader/Filer/PhoneNum07192789600
ReturnHeader/Filer/USAddress/AddressLine1Txt05021 Locust Street
ReturnHeader/Filer/USAddress/CityNm0Smithville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064089
ReturnHeader/ReturnTs02022-11-10T18:38:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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