Civic Intelligence

The Grace Foundation

990EZ • Fiscal year 2016 • EIN 30-0837869

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 23, 2017

Organization ProfileN/A
100 River Bluff Place NWRochester, MN 55901-3833

(507) 269-2958

Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

0.14x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets78th percentile

Assets

$92,385

No earlier filing loaded for comparison.

Net Assets

$82,805

No earlier filing loaded for comparison.

Liabilities

$9,580

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin90th percentile

Revenue

$66,260

No earlier filing loaded for comparison.

Expenses

$36,549

No earlier filing loaded for comparison.

Net Income

$29,711

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2016: $92,385Liabilities 2016: $9,580Net Assets 2016: $82,8052016Assets 2017: $113,127Liabilities 2017: $15,711Net Assets 2017: $97,4162017Assets 2018: $161,511Liabilities 2018: $18,948Net Assets 2018: $142,5632018Assets 2019: $237,749Liabilities 2019: $139,886Net Assets 2019: $97,8632019Assets 2020: $316,845Liabilities 2020: $171,274Net Assets 2020: $145,5712020Assets 2021: $456,338Liabilities 2021: $206,741Net Assets 2021: $249,5972021Assets 2022: $664,913Liabilities 2022: $504,772Net Assets 2022: $160,1412022Assets 2023: $846,586Liabilities 2023: $587,663Net Assets 2023: $258,9232023Assets 2024: $1,072,553Liabilities 2024: $670,002Net Assets 2024: $402,5512024

Highlighted filing

2016

Assets$92,385
Liabilities$9,580
Net Assets$82,805
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $66,260Expenses 2016: $36,549Net Income 2016: $29,7112016Revenue 2017: $154,050Expenses 2017: $148,044Net Income 2017: $6,0062017Revenue 2018: $179,173Expenses 2018: $122,738Net Income 2018: $56,4352018Revenue 2019: $117,918Expenses 2019: $79,258Net Income 2019: $38,6602019Revenue 2020: $77,124Expenses 2020: $55,490Net Income 2020: $21,6342020Revenue 2021: $138,445Expenses 2021: $84,958Net Income 2021: $53,4872021Revenue 2022: $352,442Expenses 2022: $364,812Net Income 2022: -$12,3702022Revenue 2023: $234,539Expenses 2023: $223,119Net Income 2023: $11,4202023Revenue 2024: $273,454Expenses 2024: $206,100Net Income 2024: $67,3542024

Highlighted filing

2016

Revenue$66,260
Expenses$36,549
Net Income$29,711
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 23, 2017
Return Version
2016v3.0
Gross Receipts
$66,260
Mission and Program Overview

Mission

To secure, cultivate, and distribute short-term and long-term financial resources on behalf of partner christian schools in the rochester area.

Program Services

DescriptionGrantsExpenses
AIR CONDITIONING GRANT TO FUND INSTALLATION OF AIR CONDITIONER UNITS IN THE LOWER ELEMENTARY WING OF ROCHESTER CENTRAL LUTHER SCHOOL. PEOPLE TO BENEFIT - 125.$16,000$16,000
SCHOLARSHIP GRANT COMMITTED TO BENEFIT STUDENTS OF ROCHESTER CENTRAL LUTHERAN SCHOOL WITH TUITION ASSISTANCE. PEOPLE TO BENEFIT - 1 TO 6.$6,000$6,000
TECHNOLOGY FUND GRANT COMMITTED TO BENEFIT STUDENTS OF ROCHESTER CENTRAL LUTHERAN SCHOOL WITH TECHNOLOGY EQUIPMENT. PEOPLE TO BENEFIT - 25 TO 100.$1,000$1,000
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN HANSONPresidentPT$0--
PETER MELSNESSTreasurer &-$0--
CHRIS BAUMSecretary &-$0--
CHRISTIE ATWELLDirector-$0--
PAUL LINDELLDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Grace Foundation
EIN
30-0837869
Phone
5072692958
Address
100 RIVER BLUFF PLACE NW, ROCHESTER, MN 55901-3833

Signing Officer

Name
Brian Hanson
Title
President
Phone
5072692958
Signed
2017-03-23
Discuss with paid preparer
Yes

Preparer

Firm
Weber & Deegan Ltd
Address
7250 METRO BLVD STE 100, EDINA, MN 55439-2128
Preparer
John Barghini
Phone
9529206186
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Rochester central lutheran school 2619 - 9th avenue nw rochester, mn 55901 16,000 0 16,000 rochester central lutheran school 2619 - 9th avenue nw rochester, mn 55901 6,000 0 6,000”

Form 990-ez, Part I, Line 16

“Expenses advertising 408 meals & entertainement 1,639 dues & subscriptions 130 office expense 298 quickbooks fees 336 licenses 25 computer & internet 1,016 travel 18 bank charges 42 total 3,912”

Form 990-ez, Part I, Line 20

“Gain on investments 3,813”

Form 990-ez, Part II, Line 26

“Grants payable 7,575 9,580”

Form 990-ez, Part III

“To secure, cultivate, and distribute short-term and long-term financial resources on behalf of partner christian schools in the rochester area.”

Raw XML Appendix151 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05072692958
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0559013833
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt056856
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OccupancyRentUtltsAndMaintAmt0828
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRIAN HANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER MELSNESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRIS BAUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTIE ATWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PAUL LINDELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt03813
IRS990EZ/OtherExpensesTotalAmt03912
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SECURE, CULTIVATE, AND DISTRIBUTE SHORT-TERM AND LONG-TERM FINANCIAL RESOURCES ON BEHALF OF PARTNER CHRISTIAN SCHOOLS IN THE ROCHESTER AREA.
IRS990EZ/PrintingPublicationsPostageAmt0828
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AIR CONDITIONING GRANT TO FUND INSTALLATION OF AIR CONDITIONER UNITS IN THE LOWER ELEMENTARY WING OF ROCHESTER CENTRAL LUTHER SCHOOL. PEOPLE TO BENEFIT - 125.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SCHOLARSHIP GRANT COMMITTED TO BENEFIT STUDENTS OF ROCHESTER CENTRAL LUTHERAN SCHOOL WITH TUITION ASSISTANCE. PEOPLE TO BENEFIT - 1 TO 6.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2TECHNOLOGY FUND GRANT COMMITTED TO BENEFIT STUDENTS OF ROCHESTER CENTRAL LUTHERAN SCHOOL WITH TECHNOLOGY EQUIPMENT. PEOPLE TO BENEFIT - 25 TO 100.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt016000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt16000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt21000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt16000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt21000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07575
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt09580
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt036549
IRS990EZ/TotalProgramServiceExpensesAmt023000
IRS990EZ/TotalRevenueAmt066260
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt065278
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt045158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt041937
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IRS990ScheduleA/TotalSupportAmt0152373
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROCHESTER CENTRAL LUTHERAN SCHOOL 2619 - 9TH AVENUE NW ROCHESTER, MN 55901 16,000 0 16,000 ROCHESTER CENTRAL LUTHERAN SCHOOL 2619 - 9TH AVENUE NW ROCHESTER, MN 55901 6,000 0 6,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 408 MEALS & ENTERTAINEMENT 1,639 DUES & SUBSCRIPTIONS 130 OFFICE EXPENSE 298 QUICKBOOKS FEES 336 LICENSES 25 COMPUTER & INTERNET 1,016 TRAVEL 18 BANK CHARGES 42 TOTAL 3,912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GAIN ON INVESTMENTS 3,813
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRANTS PAYABLE 7,575 9,580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO SECURE, CULTIVATE, AND DISTRIBUTE SHORT-TERM AND LONG-TERM FINANCIAL RESOURCES ON BEHALF OF PARTNER CHRISTIAN SCHOOLS IN THE ROCHESTER AREA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN HANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05072692958
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GRACE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0300837869
ReturnHeader/Filer/PhoneNum05072692958
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 RIVER BLUFF PLACE NW
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0559013833
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411758447
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07250 METRO BLVD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EDINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554392128
ReturnHeader/PreparerPersonGrp/PhoneNum09529206186
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN BARGHINI
ReturnHeader/ReturnTs02017-03-23T19:07:45+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$92,385
Liabilities
$9,580
Net assets
$82,805
Revenue
$66,260
Expenses
$36,549
Net income
$29,711
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.07$0.67$0.40$0.27$0.21$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.85$0.59$0.26$0.23$0.22$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.66$0.50$0.16$0.35$0.36$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.46$0.21$0.25$0.14$0.08$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.17$0.15$0.08$0.06$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.14$0.10$0.12$0.08$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.02$0.14$0.18$0.12$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.02$0.10$0.15$0.15$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.08$0.07$0.04$0.03