Grace Life Ministries

990EZ • Fiscal year 2017 • EIN 47-0894197

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 21, 2018

Organization Profile N/A

PO Box 404Semmes, AL 36575

(251) 645-2117

Siviq Scores

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

0.63x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

1.43x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

11%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

1.9%

Faster asset growth than 50% of similar nonprofits.

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

-14%

Faster revenue growth than 28% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets91st percentile

Assets

$63,023

Up $1,192 (+1.9%) from 2016

Net Assets

$23,523

No earlier filing loaded for comparison.

Liabilities

Down

$39,500

Down $1,755 (-4.3%) from 2016

Revenue And Expenses

Liabilities / Revenue96th percentile Net Margin64th percentile

Revenue

Down

$27,588

Down $4,663 (-14%) from 2016

Expenses

Down

$24,641

Down $8,410 (-25%) from 2016

Net Income

$2,947

Up $3,747 (+468%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

Highlighted filing

2017

Assets$63,023

Liabilities$39,500

Net Assets$23,523

Open 2017 Filing

Operations Trend

Revenue Growth28th percentile

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

Highlighted filing

2017

Revenue$27,588

Expenses$24,641

Net Income$2,947

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Aug 21, 2018
Return Version: 2017v2.2
Gross Receipts: $27,588

Mission and Program Overview

Mission

MISSIONARY WORK

Program Services

Description	Grants	Expenses
TO EDUCATE AND SUPPORT EXISTING PASTORS AND CHURCHES THROUGHOUT THE COUNTRY OF HONDURAS AND NEIGHBORING COUNTRIES LETTER IS ON FILE	-	-

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JOHN DUBOSE	President	PT	$0	-	-
EDITH DUBOSE	Secretary	PT	$0	-	-
LEE WILSON	Vice Presiden	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Grac Life Ministries
EIN: 47-0894197
Address: PO BOX 404, SEMMES, AL 36575

Signing Officer

Name: John Dubose
Title: President
Phone: 2516452117
Signed: 2018-08-21
Discuss with paid preparer: Yes

Preparer

Firm: Mcinnis Tax and Accounting Inc
Address: 1751 SCHILLINGERS RD N SUITE C, Semmes, AL 36575
Preparer: Karen Mcinnis Ea
Phone: 2516496073

Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 2,473modern woodmen inspremium 2,909ford van in usa license parts maint 814ford van in hondura lic maint 330ford explorer license parts tires 2,561trailer in honduras tires registrat 2,932medical 1,435laptop equpment systems 149office supplies 3,439donation to 3 pastors 254joshua medrano school supplies dona 18items to children donation 13donation purchase 50 shoe boxes 54christmas cards for supporters 48flowers 52school supplies on clearence for sb 79birthday and wedding cards 16bank charges 213air fare to usa 1,920fuel 2,190parking and toll 10groceries 172hotel las hamacas inla ceiba 41”

Description of total liabilities Part II line 26

“Category beginning of year end of yearmission land/house 41,255 39,500”

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
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IRS990EZ/BooksInCareOfDetail/PersonNm	0	JOHN DUBOSE
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2516452117
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO BOX 404
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	SEMMES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	36575
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	307
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	2185
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	27588
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	2947
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	61831
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	63023
IRS990EZ/GrossReceiptsAmt	0	27588
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	61524
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	60838
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	20576
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	23523
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	20576
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	23523
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	2519
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JOHN DUBOSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	EDITH DUBOSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	LEE WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	VICE PRESIDEN
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	22122
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	MISSIONARY WORK
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO EDUCATE AND SUPPORT EXISTING PASTORS AND CHURCHES THROUGHOUT THE COUNTRY OF HONDURAS AND NEIGHBORING COUNTRIES LETTER IS ON FILE
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	41255
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	39500
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	24641
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	27588
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/ChurchInd	0	X
IRS990ScheduleC/DirectContactLegislatorsInd	0	false
IRS990ScheduleC/GrantsOtherOrganizationsInd	0	false
IRS990ScheduleC/MailingsMembersInd	0	false
IRS990ScheduleC/MediaAdvertisementsInd	0	false
IRS990ScheduleC/NotDescribedSection501c3Ind	0	false
IRS990ScheduleC/OtherActivitiesInd	0	false
IRS990ScheduleC/PaidStaffOrManagementInd	0	false
IRS990ScheduleC/PublicationsOrBroadcastInd	0	false
IRS990ScheduleC/RalliesDemonstrationsInd	0	false
IRS990ScheduleC/VolunteersInd	0	false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION AMOUNTDEPRECIATION FROM 4562 2,473MODERN WOODMEN INSPREMIUM 2,909FORD VAN IN USA LICENSE PARTS MAINT 814FORD VAN IN HONDURA LIC MAINT 330FORD EXPLORER LICENSE PARTS TIRES 2,561TRAILER IN HONDURAS TIRES REGISTRAT 2,932MEDICAL 1,435LAPTOP EQUPMENT SYSTEMS 149OFFICE SUPPLIES 3,439DONATION TO 3 PASTORS 254JOSHUA MEDRANO SCHOOL SUPPLIES DONA 18ITEMS TO CHILDREN DONATION 13DONATION PURCHASE 50 SHOE BOXES 54CHRISTMAS CARDS FOR SUPPORTERS 48FLOWERS 52SCHOOL SUPPLIES ON CLEARENCE FOR SB 79BIRTHDAY AND WEDDING CARDS 16BANK CHARGES 213AIR FARE TO USA 1,920FUEL 2,190PARKING AND TOLL 10GROCERIES 172HOTEL LAS HAMACAS INLA CEIBA 41
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	CATEGORY BEGINNING OF YEAR END OF YEARMISSION LAND/HOUSE 41,255 39,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of total liabilities Part II line 26
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	JOHN DUBOSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2516452117
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-08-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	GRAC LIFE MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt	0	GRAC
ReturnHeader/Filer/EIN	0	470894197
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 404
ReturnHeader/Filer/USAddress/CityNm	0	SEMMES
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	AL
ReturnHeader/Filer/USAddress/ZIPCd	0	36575
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	8EC4CA6E35556778DD78F2D31A7D8D8C83525CC1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	8EC4CA6E35556778DD78F2D31A7D8D8C83525CC1
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId	0	6327912018240kaqxnxs
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt	0	2018-08-28
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	173.22.198.92
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-08-28
ReturnHeader/FilingSecurityInformation/IPTm	0	16:29:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	631188106
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	MCINNIS TAX AND ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1751 SCHILLINGERS RD N SUITE C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Semmes
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	36575
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2516496073
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	KAREN MCINNIS EA
ReturnHeader/ReturnTs	0	2018-08-20T11:50:51-04:00
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.

Open filing

Assets: $63,023
Liabilities: $39,500
Net assets: $23,523
Revenue: $27,588
Expenses: $24,641
Net income: $2,947

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.26		$1.26	$0.20	$0.17	$0.03
2023Summary only. Only limited summary data is available for this year.	$1.22	$0.00		$0.57	$0.27	$0.30
2022Summary only. Only limited summary data is available for this year.	$0.93	$0.00		$0.38	$0.31	$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.62	$0.21	$0.40	$0.38	$0.30	$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.58	$0.25	$0.33	$0.40	$0.27	$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.59	$0.39	$0.20	$0.26	$0.29	$0.03
2017Detailed filing. Detailed filing data is available for this year.	$0.63	$0.40	$0.24	$0.28	$0.25	$0.03
2016Summary only. Only limited summary data is available for this year.	$0.62	$0.41		$0.32	$0.33	$0.01
2015Detailed filing. Detailed filing data is available for this year.	$0.66	$0.44	$0.21	$0.38	$0.38	$0.00
2014Detailed filing. Detailed filing data is available for this year.	$0.68	$0.47	$0.21	$0.48	$0.47	$0.01
2013Detailed filing. Detailed filing data is available for this year.	$0.69	$0.50	$0.20	$0.54	$0.49	$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.67	$0.52	$0.16	$0.23	$0.25	$0.02
2011Summary only. Only limited summary data is available for this year.	$0.75	$0.58		$0.35	$0.30	$0.05
2010Summary only. Only limited summary data is available for this year.	$0.68	$0.56		$0.29	$0.26	$0.03