Civic Intelligence

Grace Abounds

990EZ • Fiscal year 2015 • EIN 46-1586592

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

542 E Platte AvenueColorado Springs, CO 80903

(832) 492-6230

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

33rd percentile

-3.4%

Higher net margin than 33% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

41st percentile

-1.9%

Faster asset growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-55%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$158,664

Down $3,064 (-1.9%) from 2014

Net Assets

$156,778

No earlier filing loaded for comparison.

Liabilities

Down

$1,886

Down $409 (-18%) from 2014

Revenue

Down

$78,953

Down $96,852 (-55%) from 2014

Expenses

Up

$81,608

Up $3,654 (+4.7%) from 2014

Net Income

Down

-$2,655

Down $100,506 (-103%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $61,582Liabilities 2013: $02013Assets 2014: $161,728Liabilities 2014: $2,2952014Assets 2015: $158,664Liabilities 2015: $1,886Net Assets 2015: $156,7782015Assets 2016: $1Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2015

Assets$158,664
Liabilities$1,886
Net Assets$156,778

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $132,383Expenses 2013: $70,801Net Income 2013: $61,5822013Revenue 2014: $175,805Expenses 2014: $77,954Net Income 2014: $97,8512014Revenue 2015: $78,953Expenses 2015: $81,608Net Income 2015: -$2,6552015Revenue 2016: -$100,913Expenses 2016: $55,865Net Income 2016: -$156,7782016

Highlighted filing

2015

Revenue$78,953
Expenses$81,608
Net Income-$2,655
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$78,953
Mission and Program Overview

Mission

The mission of Grace Abounds is to provide faith-based residential program for women with co-occurring disorders (mental health and drug/alcohol addiction), through which they can gain access to the knowledge and tools needed to live straight, sober and purpose-filled lives.

Program Services

DescriptionGrantsExpenses
Women's Home Program: The Women's Home program provides women struggling with a dual diagnosis (mental illness and drug and/or alcohol addition); (i)a safe living environment as a starting point for recovery. (ii)the resources and tools needed to live straight, sober and purpose filled lives; and (iii)help them gain access to knowledge of Christ. The property at which the Women's Home program is located includes a 3 bedroom, 2 bathroom house and a 2 bedroom, 1 bathroom cottage which is currently being leased by the organization. At present, the Organization can provide housing for up to 8 women in the program.$65,242-
Operation of Thrift Store: The Organization operates a thrift store which is located at 2202 E. Platte, Colorado Spring the property is leased to the Organization. The thrift store is open from 10:00 a.m. to 5:00 p.m. Tuesday through Saturday. The program provides women participating in the Women's Home Program with (i)job skills such as customer service, (ii)a strong work ethic, (iii)accountability in terms of their attendance, (iv)a setting in which to interact with the community in a postive way and (v)an entry on their job resumes which is beneficial when the women begin to seek outside employment as part ot the path to leading straight, sober and purpose-filled lives.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barbara Ann McLennan-SmithSec. & DirectorFT$0--
Doug AndersonPres. & DirectorPT$0--
Jayson WattsDirector-$0--
Filing and Contact Details

Filer

Filer Name
Grace Abounds
EIN
46-1586592
Phone
8324926230
Address
542 E Platte Avenue, Colorado Springs, CO 80903

Signing Officer

Name
Barbara Ann McLennan-Smith
Title
Sec. & Director
Signed
2016-11-15
Discuss with paid preparer
Yes

Preparer

Firm
H & H Accounting and Business Services CPAs
Address
1759 E Villa Drive Suite 121, Cottonwood, AZ 86326
Preparer
Jennette Heath CPA
Phone
9286394685
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $500

Other Expenses.1002

Office Expenses $34

Other Expenses.1003

Information Technology $2040

Other Expenses.1009

Depreciation $5409

Other Expenses.1

Telephone $5026

Other Expenses.2

Transportation $4401

Other Expenses.3

Bank Service Fees $1034

Other Expenses.4

License $870

Other Expenses.5

Equipment Rental $827

Other Expenses.6

Supplies - Operations $749

Other Expenses.7

Supplies - Thrift Store $642

Other Expenses.8

Food - WP $253

Other Expenses.9

Postage $53

Other Expenses.10

Food - TS $51

Other Assets.1001

Automobiles - Beginning $7703 Automobiles - Ending $5502

Other Assets.1002

Furniture and Fixtures - Beginning $6663 Furniture and Fixtures - Ending $5555

Other Assets.1003

Machinery and Equipment - Beginning $802 Machinery and Equipment - Ending $574

Other Assets.1010

Inventories - Beginning $71450 Inventories - Ending $71450

Total Liabilities.1

Payroll Liabilities - Beginning $1802 Payroll Liabilities - Ending $1547

Total Liabilities.2

Sales Tax Payable - Beginning $493 Sales Tax Payable - Ending $339

Raw XML Appendix184 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Operation of Thrift Store: The Organization operates a thrift store which is located at 2202 E. Platte, Colorado Spring the property is leased to the Organization. The thrift store is open from 10:00 a.m. to 5:00 p.m. Tuesday through Saturday. The program provides women participating in the Women's Home Program with (i)job skills such as customer service, (ii)a strong work ethic, (iii)accountability in terms of their attendance, (iv)a setting in which to interact with the community in a postive way and (v)an entry on their job resumes which is beneficial when the women begin to seek outside employment as part ot the path to leading straight, sober and purpose-filled lives.
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt078952
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $34
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $2040
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $5409
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Telephone $5026
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Transportation $4401
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Service Fees $1034
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7License $870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Equipment Rental $827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Supplies - Operations $749
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies - Thrift Store $642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Food - WP $253
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Postage $53
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Food - TS $51
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Automobiles - Beginning $7703 Automobiles - Ending $5502
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Furniture and Fixtures - Beginning $6663 Furniture and Fixtures - Ending $5555
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Machinery and Equipment - Beginning $802 Machinery and Equipment - Ending $574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Inventories - Beginning $71450 Inventories - Ending $71450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Payroll Liabilities - Beginning $1802 Payroll Liabilities - Ending $1547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Sales Tax Payable - Beginning $493 Sales Tax Payable - Ending $339
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Total Liabilities.1
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Barbara Ann McLennan-Smith
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Sec. & Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Grace Abounds
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0461586592
ReturnHeader/Filer/PhoneNum08324926230
ReturnHeader/Filer/USAddress/AddressLine1Txt0542 E Platte Avenue
ReturnHeader/Filer/USAddress/CityNm0Colorado Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080903
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H & H Accounting and Business Services CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01759 E Villa Drive Suite 121
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cottonwood
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd086326
ReturnHeader/PreparerPersonGrp/PhoneNum09286394685
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jennette Heath CPA
ReturnHeader/ReturnTs02016-11-15T13:42:23-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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