Civic Intelligence

The Grace Message

990 • Fiscal year 2021 • EIN 47-4022626

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

PO Box 3755Lubbock, TX 79452

(800) 658-9807

Siviq Scores

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

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

91st percentile

61%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

90th percentile

$199,250

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

98th percentile

382%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

94th percentile

220%

Faster revenue growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,279,244

Up $1,806,681 (+382%) from 2020

Net Assets

Up

$2,237,734

Up $1,828,146 (+446%) from 2020

Liabilities

Down

$41,510

Down $21,465 (-34%) from 2020

Revenue

Up

$3,002,399

Up $2,062,731 (+220%) from 2020

Expenses

Up

$1,174,253

Up $304,422 (+35%) from 2020

Net Income

Up

$1,828,146

Up $1,758,309 (+2518%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $97,071Liabilities 2016: $02016Assets 2017: $192,257Liabilities 2017: $15,438Net Assets 2017: $176,8192017Assets 2018: $379,598Liabilities 2018: $21,811Net Assets 2018: $357,7872018Assets 2019: $362,878Liabilities 2019: $23,127Net Assets 2019: $339,7512019Assets 2020: $472,563Liabilities 2020: $62,975Net Assets 2020: $409,5882020Assets 2021: $2,279,244Liabilities 2021: $41,510Net Assets 2021: $2,237,7342021Assets 2022: $3,272,451Liabilities 2022: $188,804Net Assets 2022: $3,083,6472022Assets 2023: $3,807,821Liabilities 2023: $719,499Net Assets 2023: $3,088,3222023Assets 2024: $3,072,459Liabilities 2024: $652,364Net Assets 2024: $2,420,0952024

Highlighted filing

2021

Assets$2,279,244
Liabilities$41,510
Net Assets$2,237,734

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2016: $110,241Expenses 2016: $28,881Net Income 2016: $81,3602016Revenue 2017: $443,344Expenses 2017: $363,596Net Income 2017: $79,7482017Revenue 2018: $738,333Expenses 2018: $557,365Net Income 2018: $180,9682018Revenue 2019: $691,550Expenses 2019: $709,586Net Income 2019: -$18,0362019Revenue 2020: $939,668Expenses 2020: $869,831Net Income 2020: $69,8372020Revenue 2021: $3,002,399Expenses 2021: $1,174,253Net Income 2021: $1,828,1462021Revenue 2022: $3,125,012Expenses 2022: $2,279,099Net Income 2022: $845,9132022Revenue 2023: $2,867,144Expenses 2023: $2,828,364Net Income 2023: $38,7802023Revenue 2024: $2,747,565Expenses 2024: $3,415,792Net Income 2024: -$668,2272024

Highlighted filing

2021

Revenue$3,002,399
Expenses$1,174,253
Net Income$1,828,146
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$3,002,399
Mission and Program Overview

Mission

The Grace Message is established to effectively communicate the new covenant message of total forgiveness in Christ, freedom under grace, identity in Christ, and new life in Him, so that all may know Jesus Christ. This mission is accomplished through teaching in Church, on radio and TV broadcasts, social media, web curriculum and printed materials.

The Grace Message is established to effectively communicate the new covenant message of total forgiveness in Christ, freedom under grace, identity in Christ, and new life in Him, so that all may know Jesus Christ.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$239,717$1,807,477▲ $1,567,760
Cash and Non-Interest-Bearing Accounts$182,402$437,897▲ $255,495
Total Assets$472,563$2,279,244▲ $1,806,681
Other Assets Total$50,444$33,870▼ $16,574
Liabilities
Accounts Payable and Accrued Expenses$35,556$39,308▲ $3,752
Other Liabilities$27,419$2,202▼ $25,217
Total Liabilities$62,975$41,510▼ $21,465
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$409,588$2,237,734▲ $1,828,146
Total Net Assets Fund Balance$409,588$2,237,734▲ $1,828,146
Total Liabilities and Net Assets / Fund Balance$472,563$2,279,244▲ $1,806,681

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$953,803$18,455$972,258
Land$847,000-$847,000
Other Land Buildings$6,674$8,025$14,699
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew FarleyPresidentFT$199,250$36,905$236,155

Board Members and Trustees

NameTitle
Rex RobertsonChair of the Board
Tom LirotVice Chair of the Board
James WetherbeDirector
Jeffrey MullinsDirector
Laurence BenzDirector
Michael PikeDirector
Randy EhrlichDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,974,288
Program Service Revenue
$28,087
Investment Income
$24
Other Revenue
$0
All Other Contributions
$2,947,188
Change in Net Assets
$1,828,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$739,185
Salaries, Compensation, and Employee Benefits$342,093
Professional Fundraising Fees$91,100
Total Fundraising Expense$91,100
Grants and Similar Amounts Paid$1,875

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$430,777$3,104-$430,777
Current Officers, Directors, Trustees, and Key Employees$169,105$12,728-$181,833
Other Salaries and Wages$86,467$26,812-$113,279
All Other Expenses$66,696$30,280-$96,976
Fees for Services Professional Fundraising--$91,100$91,100
Advertising$35,289$18,810-$54,099
Other Employee Benefits$38,157$3,180-$41,337
Office Expenses$24,969$1,843-$26,812
Fees for Services Accounting$954$19,713-$20,667
Occupancy$16,822$3,490-$20,312
Fees for Services Management$3,752$10,947-$14,699
Depreciation Depletion$9,137$1,244-$10,381
Fees for Services Other$8,800--$8,800
Payroll Taxes$3,800$1,844-$5,644
Insurance$2,428$2,287-$4,715
Travel$1,336$3,096-$4,432
Grants to Domestic Orgs$1,875--$1,875
Total Functional Expenses$937,897$145,256$91,100$1,174,253
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$91,100
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Property taxes payable$2,127
Federal income taxes$75
Due to AFM-Canada-
SBA PPP Loan-
Payroll expenses-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

A copy of the 990 is provided to the Presdient and Treasurer before filing. A copy is provided to the Board along with the audited financial statements.

Form 990, Part VI, Section C, Line 18

The non-profit tax return is available to the public upon request and also available for public viewing on www.guidestar.org

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Form 990, Part VIII, Section 1, Line A-H

One-time increase in donations of 1,717,571 due to an aquisition of a local church, Church Without Religion, effective April 17, 2021

Form 990, Part VI, Section A, Line 4

During the fiscal year we amended the articles of incorporation to change our name from Andrew Farley Ministries, Inc to The Grace Message

Filing and Contact Details

Filer

Filer Name
The Grace Message
EIN
47-4022626
Phone
8006589807
Address
PO Box 3755, Lubbock, TX 79452

Signing Officer

Name
Andrew Farley
Title
President
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Farley
Formed
2015
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
50

Preparer

Firm
Cherry Light and Ridley
Address
1117 65TH DR, LUBBOCK, TX 79412
Preparer
Sarah Nall
Phone
8067472542
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Effective April 17, 2021 the organization acquired Church Without Religion and began fully functioning as a local church.

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IRS990/ProgSrvcAccomActy2Grp/Desc0During the fiscal year, The Grace Message merged with a local church and is now operating as The Grace Message Church. The local church provides biblical teaching, contemporary worship and programs for all ages Sunday morning and many other teaching and community building programs the rest of the week. An online, virtual church is also offered with streaming of services from the local church.
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part III Section B Line 12 Other unusual income from forgiven PPP loans, reported as a grant from the federal government.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
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IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
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IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Dunham Company
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt06111 W Plano Pkwy Suite 2700
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