Civic Intelligence

Gracesprings Community Foundation

990EZ • Fiscal year 2020 • EIN 45-5554673

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 15, 2021

Organization ProfileN/A
4606 Fm 1960 Rd W Ste 322Houston, TX 77069

(832) 585-1108

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Annualized from 2018 to 2020

Revenue Growth

98th percentile

378%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$1

Up $6,555 (+100%) from 2018

Net Assets

$114,835

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin97th percentile

Revenue

Up

$132,717

Up $126,898 (+2181%) from 2018

Expenses

Up

$17,882

Up $5,509 (+45%) from 2018

Net Income

Up

$114,835

Up $121,389 (+1852%) from 2018

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0-$50KAssets 2014: -$2,134Liabilities 2014: $02014Assets 2015: -$1,613Liabilities 2015: $02015Assets 2016: $0Net Assets 2016: $02016Assets 2018: -$6,554Liabilities 2018: $02018Assets 2020: $1Liabilities 2020: $0Net Assets 2020: $114,8352020

Highlighted filing

2020

Assets$1
Liabilities$0
Net Assets$114,835
Open 2020 Filing

Operations Trend

Revenue Growth98th percentile

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

$150K$100K$50K$0-$50KRevenue 2014: $5,000Expenses 2014: $7,134Net Income 2014: -$2,1342014Revenue 2015: $5,303Expenses 2015: $6,916Net Income 2015: -$1,6132015Revenue 2016: $02016Revenue 2018: $5,819Expenses 2018: $12,373Net Income 2018: -$6,5542018Revenue 2020: $132,717Expenses 2020: $17,882Net Income 2020: $114,8352020

Highlighted filing

2020

Revenue$132,717
Expenses$17,882
Net Income$114,835
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.1
Gross Receipts
$132,717
Mission and Program Overview

Mission

community outreach, healthcare services

Program Services

DescriptionGrantsExpenses
community outreach to the homeless, elders, young adults and$55,097-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KUNBI ZAINAB ALABIBoard MemberFT$0--
JADESOLA SHONDEBoard MemberPT$0--
OLOLADE SHONDEBoard MemberPT$0--
OLUTAYO FADAIROBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Gracesprings Community Foundation
EIN
45-5554673
Phone
8325851108
Address
4606 FM 1960 RD W STE 322, HOUSTON, TX 77069

Signing Officer

Name
Kunbi Alabi
Title
CEO
Phone
8325851108
Signed
2021-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Abacus Tax Services
Address
4606 FM 1960 RD WM STE 322, HOUSTON, TX 77079
Preparer
Kunbi Alabi
Phone
8322864985
Supplemental Narrative

Additional Explanations

990-EZ, Part V, Line 35B

“not applicable”

990-EZ, Part V, Line 44D

“not applicable”

Raw XML Appendix124 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0KUNBI ALABI
IRS990EZ/BooksInCareOfDetail/PhoneNum08325851108
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04606 FM 1960 RD W STE 322
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077069
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0132717
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0114835
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0132717
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NameChangeInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0114835
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt013896
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt330
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KUNBI ZAINAB ALABI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JADESOLA SHONDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2OLOLADE SHONDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3OLUTAYO FADAIRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0community outreach, healthcare services
IRS990EZ/PrintingPublicationsPostageAmt03986
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0community outreach to the homeless, elders, young adults and
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt055097
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017882
IRS990EZ/TotalRevenueAmt0132717
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0132717
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0164050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0296767
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0296767
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0132717
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0164050
IRS990ScheduleA/Total509Grp/TotalAmt0296767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0132717
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0164050
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0296767
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0not applicable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1not applicable
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990-EZ, Part V, Line 35b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990-EZ, Part V, Line 44d
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KUNBI ALABI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08325851108
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACESPRINGS COMMUNITY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0455554673
ReturnHeader/Filer/PhoneNum08325851108
ReturnHeader/Filer/USAddress/AddressLine1Txt04606 FM 1960 RD W STE 322
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077069
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABACUS TAX SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04606 FM 1960 RD WM STE 322
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077079
ReturnHeader/PreparerPersonGrp/PhoneNum08322864985
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KUNBI ALABI
ReturnHeader/ReturnTs02021-10-15T17:20:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KUNBI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ALABI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1
Liabilities
$0
Net assets
$114,835
Revenue
$132,717
Expenses
$17,882
Net income
$114,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.15$1.33$0.18$1.15
2018Summary only. Only limited summary data is available for this year.$0.07$0.00$0.06$0.12$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2015Summary only. Only limited summary data is available for this year.$0.02$0.00$0.05$0.07$0.02
2014Summary only. Only limited summary data is available for this year.$0.02$0.00$0.05$0.07$0.02