Civic Intelligence

The Grace Message

990 • Fiscal year 2022 • EIN 47-4022626

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

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

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

45th percentile

0.06x

Higher debt load relative to revenue than 45% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

77th percentile

27%

Higher net margin than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

95th percentile

$301,300

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

87th percentile

44%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

4.1%

Faster revenue growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$3,272,451

Up $993,207 (+44%) from 2021

Net Assets

Up

$3,083,647

Up $845,913 (+38%) from 2021

Liabilities

Up

$188,804

Up $147,294 (+355%) from 2021

Revenue

Up

$3,125,012

Up $122,613 (+4.1%) from 2021

Expenses

Up

$2,279,099

Up $1,104,846 (+94%) from 2021

Net Income

Down

$845,913

Down $982,233 (-54%) from 2021

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

2022

Assets$3,272,451
Liabilities$188,804
Net Assets$3,083,647

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

2022

Revenue$3,125,012
Expenses$2,279,099
Net Income$845,913
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$3,352,899
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$1,807,477$2,134,660▲ $327,183
Cash and Non-Interest-Bearing Accounts$437,897$532,420▲ $94,523
Investments Other Securities-$300,000-
Investments in Publicly Traded Securities-$300,000-
Total Assets$2,279,244$3,272,451▲ $993,207
Other Assets Total$33,870$5,371▼ $28,499
Liabilities
Accounts Payable and Accrued Expenses$39,308$145,532▲ $106,224
Other Liabilities$2,202$43,272▲ $41,070
Total Liabilities$41,510$188,804▲ $147,294
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,237,734$3,083,647▲ $845,913
Total Net Assets Fund Balance$2,237,734$3,083,647▲ $845,913
Total Liabilities and Net Assets / Fund Balance$2,279,244$3,272,451▲ $993,207

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,055,178$30,241$1,085,419
Land$805,750-$805,750
Leasehold Improvements$159,956$2,307$162,263
Equipment$93,925$6,502$100,427
Other Land Buildings$19,851$8,679$28,530
Other Securities$300,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew FarleyPresidentFT$258,500$42,800$301,300

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$3,011,875
Program Service Revenue
$38,476
Investment Income
$74,161
Other Revenue
$500
All Other Contributions
$3,011,875
Change in Net Assets
$845,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,494,890
Salaries, Compensation, and Employee Benefits$675,106
Total Fundraising Expense$134,282
Professional Fundraising Fees$98,786
Grants and Similar Amounts Paid$10,317

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$817,219$6,201$35,496$817,219
Current Officers, Directors, Trustees, and Key Employees$317,514$64,001-$381,515
Other Salaries and Wages$179,990$63,878-$243,868
Fees for Services Management$18,251$149,260-$167,511
Advertising$66,760$71,613-$138,373
Fees for Services Professional Fundraising--$98,786$98,786
Occupancy$66,213--$66,213
All Other Expenses$32,823$29,116-$61,939
Depreciation Depletion$39,682--$39,682
Pension Plan Contributions$30,504$2,296-$32,800
Fees for Services Accounting$447$28,148-$28,595
Insurance$24,318$2,018-$26,336
Office Expenses$10,105$6,073-$16,178
Travel$9,917$5,577-$15,494
Payroll Taxes$7,635$6,288-$13,923
Grants to Domestic Orgs$10,317--$10,317
Fees for Services Other$4,939--$4,939
Other Employee Benefits$1,997$1,003-$3,000
Interest$124--$124
Total Functional Expenses$1,687,834$456,983$134,282$2,279,099
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$98,786
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$41,817
Credit Cards$1,380
Federal income taxes$75
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
No
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 President 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 1,032,987 due to an aquisition of a ministry, Basic Gospel, effective January 31, 2022

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 P Farley
Title
President
Phone
8006589807
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew P Farley
Formed
2015
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
13
Volunteers
75

Preparer

Firm
Cherry Light and Ridley
Address
1117 65TH DR, LUBBOCK, TX 79412
Preparer
Sarah Nall
Phone
8067472542
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Grace Message Church consists of local congregations in Lubbock, TX, and Dallas, TX, providing Biblical teaching, contemporary worship, and programs for all ages on Sunday mornings, along with teaching and community-building programs throughout the week. A virtual church is also offered with online service streaming.
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