Civic Intelligence

Embrace Grace Inc.

990 • Fiscal year 2017 • EIN 45-5202711

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

700 Bedford Euless RdHurst, TX 76053

(817) 755-8484

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

30th percentile

-3.6%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

71st percentile

$60,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

17th percentile

-8.2%

Faster asset growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

9.5%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$344,496

Down $30,879 (-8.2%) from 2016

Net Assets

Down

$341,090

Down $24,168 (-6.6%) from 2016

Liabilities

Down

$3,406

Down $6,711 (-66%) from 2016

Revenue

Up

$675,248

Up $58,801 (+9.5%) from 2016

Expenses

Up

$699,416

Up $212,093 (+44%) from 2016

Net Income

Down

-$24,168

Down $153,292 (-119%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $27,671Liabilities 2013: $0Net Assets 2013: $27,6712013Assets 2014: $155,059Liabilities 2014: $0Net Assets 2014: $155,0592014Assets 2015: $237,655Liabilities 2015: $1,521Net Assets 2015: $236,1342015Assets 2016: $375,375Liabilities 2016: $10,117Net Assets 2016: $365,2582016Assets 2017: $344,496Liabilities 2017: $3,406Net Assets 2017: $341,0902017Assets 2018: $319,409Liabilities 2018: $1,027Net Assets 2018: $318,3822018Assets 2019: $676,078Liabilities 2019: $8,185Net Assets 2019: $667,8932019Assets 2020: $1,541,216Liabilities 2020: $119,140Net Assets 2020: $1,422,0762020Assets 2021: $3,256,135Liabilities 2021: $6,793Net Assets 2021: $3,249,3422021Assets 2022: $4,614,925Liabilities 2022: $476,369Net Assets 2022: $4,138,5562022Assets 2023: $4,761,772Liabilities 2023: $327,024Net Assets 2023: $4,434,7482023Assets 2024: $3,890,854Liabilities 2024: $254,568Net Assets 2024: $3,636,2862024

Highlighted filing

2017

Assets$344,496
Liabilities$3,406
Net Assets$341,090

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2013: $68,207Expenses 2013: $43,101Net Income 2013: $25,1062013Revenue 2014: $242,057Expenses 2014: $114,670Net Income 2014: $127,3872014Revenue 2015: $463,732Expenses 2015: $371,713Net Income 2015: $92,0192015Revenue 2016: $616,447Expenses 2016: $487,323Net Income 2016: $129,1242016Revenue 2017: $675,248Expenses 2017: $699,416Net Income 2017: -$24,1682017Revenue 2018: $775,827Expenses 2018: $798,535Net Income 2018: -$22,7082018Revenue 2019: $1,307,203Expenses 2019: $957,692Net Income 2019: $349,5112019Revenue 2020: $1,863,940Expenses 2020: $1,109,757Net Income 2020: $754,1832020Revenue 2021: $3,306,981Expenses 2021: $1,479,715Net Income 2021: $1,827,2662021Revenue 2022: $3,274,139Expenses 2022: $2,383,445Net Income 2022: $890,6942022Revenue 2023: $3,406,766Expenses 2023: $3,197,360Net Income 2023: $209,4062023Revenue 2024: $2,953,744Expenses 2024: $3,752,206Net Income 2024: -$798,4622024

Highlighted filing

2017

Revenue$675,248
Expenses$699,416
Net Income-$24,168
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$844,058
Mission and Program Overview

Mission

To inspire and equip the church to provide spiritual, emotional and physical support to single and pregnant girls.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$151,254$152,802▲ $1,548
Cash and Non-Interest-Bearing Accounts$95,964$70,321▼ $25,643
Inventories for Sale or Use$33,047$63,422▲ $30,375
Land, Buildings, and Equipment, Net$41,142$32,298▼ $8,844
Prepaid Expenses and Deferred Charges$53,549$25,375▼ $28,174
Accounts Receivable$69$152▲ $83
Total Assets$375,375$344,496▼ $30,879
Other Assets Total$350$126▼ $224
Liabilities
Accounts Payable and Accrued Expenses$10,117$3,406▼ $6,711
Total Liabilities$10,117$3,406▼ $6,711
Net Assets / Fund Balance
Unrestricted Net Assets$365,258$314,526▼ $50,732
Temporarily Rstr Net Assets-$26,564-
Total Net Assets Fund Balance$365,258$341,090▼ $24,168
Total Liabilities and Net Assets / Fund Balance$375,375$344,496▼ $30,879

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$23,314$33,905-
Leasehold Improvements$8,984$308-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy FordVice-ChairmanFT$60,000$60,000

Board Members and Trustees

NameTitle
Todd BoltChairman
Brent PenningtonBoard Member
Samantha GoldenBoard Member
Shawn RingBoard Member
Tiffany WheelessBoard Member
Eric FellmanSecretary-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$661,166
Program Service Revenue
$0
Investment Income
$16
Other Revenue
$14,066
All Other Contributions
$544,166
Change in Net Assets
$-24,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$366,898
Other Expenses$329,992
Total Fundraising Expense$37,555
Grants and Similar Amounts Paid$2,526
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$171,793$94,209$11,083$277,085
Current Officers, Directors, Trustees, and Key Employees$43,200$6,000$10,800$60,000
Conferences and Meetings$50,461--$50,461
Occupancy$23,768$11,884$3,962$39,614
Advertising$27,478$606$554$28,638
Payroll Taxes$16,158$8,861$1,042$26,061
Information Technology$16,849$2,816-$19,665
Fees for Services Other-$17,899-$17,899
Fees for Services Accounting-$17,843-$17,843
All Other Expenses$6,443$9,617-$16,060
Depreciation Depletion-$14,049-$14,049
Office Expenses$7,664$3,832$1,278$12,774
Travel$9,306--$9,306
Other Expenses$10,750$7,691$8,836$7,691
Insurance-$5,734-$5,734
Other Employee Benefits-$3,752-$3,752
Grants to Domestic Individuals$1,526--$1,526
Fees for Services Legal-$1,500-$1,500
Grants to Domestic Orgs$1,000--$1,000
Total Functional Expenses$455,568$206,293$37,555$699,416
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$74,274
Fundraising Gross Income$35,999
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournam$32,439$32,439$39,304$-6,865
Total Events$32,439$32,439$39,304$-6,865
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No

Governance Explanations

Form 990 governing body review Part VI line 11

Board Members review Form 990 prior to filing with IRS.

Conflict of interest policy compliance Part VI line 12C

Any conflict of interest is brought to the attention of entire board.

CEO executive director top management comp Part VI line 15A

Board and consultant set and approve all salaries. These are set within standards used by similar non-profits.

Other officer or key employee compensation Part VI line 15B

Board and consultant set and approve all salaries. These are set within standards used by similar non-profits.

Governing documents etc available to public Part VI line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Embrace Grace Inc
EIN
45-5202711
Address
700 Bedford Euless Rd, Hurst, TX 76053

Signing Officer

Name
Amy Ford
Title
Vice Chairman
Phone
8177410075
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
13
Volunteers
211

Preparer

Firm
W E Teed Boyd CPA
Address
PO Box 649, Keller, TX 76244
Preparer
William E Boyd
Phone
8174274325
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

ProgramGifts - $993Management and GeneralBank Fees - $636Dues and Licenses - $4,734Meals - $1,832Postage - $2,190Repairs and Maintenance - $110Sales Tax - $115

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IRS990/PYOtherRevenueAmt048797
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0571375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0463732
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0242057
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt016601
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01998640
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016
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IRS990ScheduleA/PublicSupportTotal509Amt01998640
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0704875
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0242057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt016601
IRS990ScheduleA/Total509Grp/TotalAmt01998640
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0242057
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt016601
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01998670
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IRS990ScheduleD/EquipmentGrp/BookValueAmt023314
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033905
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt057219
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08984
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0308
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt09292
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032298
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039304
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAM
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032439
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt032439
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032439
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6865
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt039304
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt039304
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board Members review Form 990 prior to filing with IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Any conflict of interest is brought to the attention of entire board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board and consultant set and approve all salaries. These are set within standards used by similar non-profits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board and consultant set and approve all salaries. These are set within standards used by similar non-profits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ProgramGifts - $993Management and GeneralBank Fees - $636Dues and Licenses - $4,734Meals - $1,832Postage - $2,190Repairs and Maintenance - $110Sales Tax - $115
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other expenses Part IX line 24e
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt0344496
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0661166
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt037555
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0206293
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0455568
IRS990/TotalFunctionalExpensesGrp/TotalAmt0699416
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010117
IRS990/TotalLiabilitiesEOYAmt03406
IRS990/TotalLiabilitiesGrp/BOYAmt010117
IRS990/TotalLiabilitiesGrp/EOYAmt03406
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0365258
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0341090
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0455568
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt0-38275
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt052357
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0675248
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0211
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0375375
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0344496
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt09306
IRS990/TravelGrp/TotalAmt09306
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0365258
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0314526
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0embracegrace.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY FORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08177410075
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Embrace Grace Inc

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