Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.14x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
73rd percentile
Faster asset growth than 73% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Up$113,127
Up $20,742 (+22%) from 2016
Net Assets
Up$97,416
Up $14,611 (+18%) from 2016
Liabilities
Up$15,711
Up $6,131 (+64%) from 2016
Revenue And Expenses
Revenue
Up$154,050
Up $87,790 (+132%) from 2016
Expenses
Up$148,044
Up $111,495 (+305%) from 2016
Net Income
Down$6,006
Down $23,705 (-80%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Apr 11, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $154,050
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
| Description | Grants | Expenses |
|---|---|---|
| GYM FLOOR GRANT TO FUND INSTALLATION OF GYM FLOOR IN ROCHESTER CENTRAL LUTHER SCHOOL. PEOPLE TO BENEFIT - 500. | $60,397 | $60,397 |
| GENERAL FUND GRANT COMMITTED TO BENEFIT STUDENTS OF ROCHESTER CENTRAL LUTHERAN SCHOOL. PEOPLE TO BENEFIT - 350. | $43,700 | $43,700 |
| SCHOLARSHIP GRANT COMMITTED TO BENEFIT STUDENTS OF ROCHESTER CENTRAL LUTHERAN SCHOOL WITH TUITION ASSISTANCE. PEOPLE TO BENEFIT - 1 TO 6. | $1,200 | $1,200 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BRIAN HANSON | President | PT | $0 | - | - |
| PETER MELSNESS | Treasurer & | - | $0 | - | - |
| CHRIS BAUM | Secretary & | - | $0 | - | - |
| CHRISTIE ATWELL | Director | - | $0 | - | - |
| PAUL LINDELL | Director | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Blue & White Ni | $42,216 | $41,717 | - | $41,717 |
| Total Events | $42,216 | $41,717 | - | $41,717 |
Filing and Contact Details
Filer
- Filer Name
- The Grace Foundation
- EIN
- 30-0837869
- Phone
- 5072692958
- Address
- PO BOX 6431, ROCHESTER, MN 55903
Signing Officer
- Name
- Brian Hanson
- Title
- President
- Phone
- 5072692958
- Signed
- 2018-04-11
- 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
“Name: rochester central lutheran school address: 2619 - 9th avenue nw rochester, mn 55901 cash contribution: 60,397 name: rochester central lutheran school address: 2619 - 9th avenue nw rochester, mn 55901 cash contribution: 43,700”
Form 990-ez, Part I, Line 16
“Blue & white night revenue cost of goods sold 18,022 expenses meals & entertainement 198 dues & subscriptions 132 quickbooks fees 286 commission/fees 25 computer & internet 3,193 travel 16 bank charges 2,169 total 24,041”
Form 990-ez, Part I, Line 20
“UNREALIZED GAINS 8,605”
Form 990-ez, Part II, Line 26
“Grants payable 9,580 15,711”
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 Appendix162 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BRIAN HANSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5072692958 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 100 RIVER BLUFF PLACE NW |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ROCHESTER |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 559013833 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 92385 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 113127 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 110848 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6006 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 18155 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 92385 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 113127 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 41717 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 105297 |
| IRS990EZ/GrossReceiptsAmt | 0 | 154050 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1485 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 82805 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 97416 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 82805 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 97416 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BRIAN HANSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PETER MELSNESS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CHRIS BAUM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CHRISTIE ATWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PAUL LINDELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER & |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY & |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 8605 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 24041 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SECURE, CULTIVATE, AND DISTRIBUTE SHORT-TERM AND LONG-TERM FINANCIAL RESOURCES ON BEHALF OF PARTNER CHRISTIAN SCHOOLS IN THE ROCHESTER AREA. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 551 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | GYM FLOOR GRANT TO FUND INSTALLATION OF GYM FLOOR IN ROCHESTER CENTRAL LUTHER SCHOOL. PEOPLE TO BENEFIT - 500. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SCHOLARSHIP GRANT COMMITTED TO BENEFIT STUDENTS OF ROCHESTER CENTRAL LUTHERAN SCHOOL WITH TUITION ASSISTANCE. PEOPLE TO BENEFIT - 1 TO 6. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | GENERAL FUND GRANT COMMITTED TO BENEFIT STUDENTS OF ROCHESTER CENTRAL LUTHERAN SCHOOL. PEOPLE TO BENEFIT - 350. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 60397 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 1200 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 43700 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 60397 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 1200 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 43700 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 41717 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 9580 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 15711 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 148044 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 105297 |
| IRS990EZ/TotalRevenueAmt | 0 | 154050 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 110848 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 65278 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 45158 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 41937 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 263221 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1485 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1485 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 43202 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 263221 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 110848 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 65278 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 45158 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 41937 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 263221 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 264706 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 499 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 499 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | BLUE & WHITE NI |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 42216 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 42216 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 41717 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 41717 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 41717 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NAME: ROCHESTER CENTRAL LUTHERAN SCHOOL ADDRESS: 2619 - 9TH AVENUE NW ROCHESTER, MN 55901 CASH CONTRIBUTION: 60,397 NAME: ROCHESTER CENTRAL LUTHERAN SCHOOL ADDRESS: 2619 - 9TH AVENUE NW ROCHESTER, MN 55901 CASH CONTRIBUTION: 43,700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BLUE & WHITE NIGHT REVENUE COST OF GOODS SOLD 18,022 EXPENSES MEALS & ENTERTAINEMENT 198 DUES & SUBSCRIPTIONS 132 QUICKBOOKS FEES 286 COMMISSION/FEES 25 COMPUTER & INTERNET 3,193 TRAVEL 16 BANK CHARGES 2,169 TOTAL 24,041 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNREALIZED GAINS 8,605 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GRANTS PAYABLE 9,580 15,711 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO SECURE, CULTIVATE, AND DISTRIBUTE SHORT-TERM AND LONG-TERM FINANCIAL RESOURCES ON BEHALF OF PARTNER CHRISTIAN SCHOOLS IN THE ROCHESTER AREA. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BRIAN HANSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5072692958 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-04-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE GRACE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRAC |
| ReturnHeader/Filer/EIN | 0 | 300837869 |
| ReturnHeader/Filer/PhoneNum | 0 | 5072692958 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 6431 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ROCHESTER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55903 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 467E01CE2E65E43E9A9EA7F778D403D35D7C7D46 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 805EF7396FCFF994C6C088ED85F59B3782F17D55 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 66.179.106.126 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-04-11 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 18:04:37 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411758447 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WEBER & DEEGAN LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7250 METRO BLVD STE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | EDINA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 554392128 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9529206186 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-04-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN BARGHINI |
| ReturnHeader/ReturnTs | 0 | 2018-04-11T18:04:37-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $113,127
- Liabilities
- $15,711
- Net assets
- $97,416
- Revenue
- $154,050
- Expenses
- $148,044
- Net income
- $6,006