Civic Intelligence

Grace Reigns Inc.

990EZ • Fiscal year 2016 • EIN 47-5165781

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 28, 2017

PO Box 1427Colorado City, AZ 86021

(435) 212-0629

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$128,282

No earlier filing loaded for comparison.

Net Assets

$128,282

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$147,471

No earlier filing loaded for comparison.

Expenses

$44,965

No earlier filing loaded for comparison.

Net Income

$102,506

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $128,282Liabilities 2016: $0Net Assets 2016: $128,2822016Assets 2017: $173,974Liabilities 2017: $0Net Assets 2017: $173,9742017Assets 2018: $228,700Liabilities 2018: $0Net Assets 2018: $228,7002018Assets 2019: $365,543Liabilities 2019: $14,895Net Assets 2019: $350,6482019Assets 2020: $470,122Liabilities 2020: $3,498Net Assets 2020: $466,6242020Assets 2021: $789,616Liabilities 2021: $6,906Net Assets 2021: $782,7102021Assets 2022: $1,036,496Liabilities 2022: $17,654Net Assets 2022: $1,018,8422022Assets 2023: $1,479,537Liabilities 2023: $12,927Net Assets 2023: $1,466,6102023Assets 2024: $2,019,621Liabilities 2024: $229,502Net Assets 2024: $1,790,1192024

Highlighted filing

2016

Assets$128,282
Liabilities$0
Net Assets$128,282

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2016: $147,471Expenses 2016: $44,965Net Income 2016: $102,5062016Revenue 2017: $119,778Expenses 2017: $74,086Net Income 2017: $45,6922017Revenue 2018: $138,342Expenses 2018: $83,616Net Income 2018: $54,7262018Revenue 2019: $234,439Expenses 2019: $112,491Net Income 2019: $121,9482019Revenue 2020: $245,409Expenses 2020: $129,433Net Income 2020: $115,9762020Revenue 2021: $450,916Expenses 2021: $134,830Net Income 2021: $316,0862021Revenue 2022: $433,260Expenses 2022: $197,128Net Income 2022: $236,1322022Revenue 2023: $670,689Expenses 2023: $222,921Net Income 2023: $447,7682023Revenue 2024: $571,877Expenses 2024: $248,368Net Income 2024: $323,5092024

Highlighted filing

2016

Revenue$147,471
Expenses$44,965
Net Income$102,506
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 28, 2017
Return Version
2016v3.0
Gross Receipts
$149,071
Mission and Program Overview

Mission

Grace reigns is a christian charity organization designed to provide an environment where grace and love is encouraged and lavished upon a community ravaged by the ills of autocracy. As a means of lavishing these virtues upon the community, multiple teams from around the country are invited to participate in meaningful ways such as service projects, educational seminars, youth activities, and community building initiatives.

Grace reigns is a christian charity organization designed to provide an environment where grace and love is encouraged and lavished upon a community ravaged by the ills of autocracy. As a means of lavishing these virtues upon the community multiple teams from around the country are invited to participate in meaningful ways such as service projects; educational seminars, youth activities and community building initiatives.

Program Services

DescriptionGrantsExpenses
IN ORDER TO FURTHER ASSIST FAMILIES WE HAVE ALSO ESTABLISHED A THRIFT STORE. THIS IS DESIGNED TO HELP MEET ONGOING PHYSICAL NEEDS IN THE COMMUNITY. PRICES ARE SET ACCORDING TO PERCEIVED MARKET CONDITIONS AND USUALLY RANGE BETWEEN 10 - 25% OF RETAIL VALUE.-$20,400
GRACE REIGNS, INC. PROVIDES A VENUE ACCESSIBLE TO LOCAL RESIDENTS INTERESTED IN HOSTING PERSONAL AND COMMUNITY BUILDING ACTIVITIES. IN THIS WAY, WE ARE HELPING TO EMPOWER COMMUNITY MEMBERS TO HELP THEMSELVES. SOME EXAMPLES OF THESE ACTIVITIES INCLUDE EDUCATIONAL SEMINARS, YOUTH ENTERTAINMENT AND SERVICE PROJECTS, COMMUNITY BUILDING INITIATIVES, AND ONGOING COMMUNITY USE OF THE COMMUNITY CENTER.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRODY L OLSONExecutive-$0--
MIKE MENNINGDirector-$0--
DANIEL THOMPSONDirector-$0--
JONATHAN EDWARDSDirectors-$0--
Filing and Contact Details

Filer

Filer Name
Grace Reigns Inc
EIN
47-5165781
Address
PO BOX 1427, COLORADO CITY, AZ 86021

Signing Officer

Name
Brody L Olson
Title
Executive
Signed
2017-06-28
Discuss with paid preparer
Yes

Preparer

Firm
Hintonburdick Pllc
Address
52 SOUTH 850 WEST SUITE 103, HURRICANE, UT 84737
Preparer
Jeff Hunt CPA
Phone
4356355665
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Thrift store supplies 2,845 insurance 788 other expenses 257 expenses 608 property & liability 1,466 bank fees 69 bible study 800 community outreach 6,090 fuel 525 gifts given 1,794 hosting 953 meals 209 membership fees 108 merchant/service fees 111 payroll service fees 489 petty cash 200 sports court 49 total 17,361

Form 990-ez, Part I, Line 20

Employee portion of taxes -1,264

Form 990-ez, Part II, Line 24

Construction in progress 0 20,279 total 0 20,279

Form 990-ez, Part III

Grace reigns is a christian charity organization designed to provide an environment where grace and love is encouraged and lavished upon a community ravaged by the ills of autocracy. As a means of lavishing these virtues upon the community multiple teams from around the country are invited to participate in meaningful ways such as service projects; educational seminars, youth activities and community building initiatives.

Form 990-ez, Part III, Line 28

Grace reigns, inc. Provides a venue accessible to local residents interested in hosting personal and community building activities. In this way, we are helping to empower community members to help themselves. Some examples of these activities include educational seminars, youth entertainment and service projects, community building initiatives, and ongoing community use of the community center.

Form 990-ez, Part III, Line 29

In order to further assist families we have also established a thrift store. This is designed to help meet ongoing physical needs in the community. Prices are set according to perceived market conditions and usually range between 10 - 25% of retail value.

Raw XML Appendix137 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/DescriptionProgramSrvcAccomTxt1IN ORDER TO FURTHER ASSIST FAMILIES WE HAVE ALSO ESTABLISHED A THRIFT STORE. THIS IS DESIGNED TO HELP MEET ONGOING PHYSICAL NEEDS IN THE COMMUNITY. PRICES ARE SET ACCORDING TO PERCEIVED MARKET CONDITIONS AND USUALLY RANGE BETWEEN 10 - 25% OF RETAIL VALUE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THRIFT STORE SUPPLIES 2,845 INSURANCE 788 OTHER EXPENSES 257 EXPENSES 608 PROPERTY & LIABILITY 1,466 BANK FEES 69 BIBLE STUDY 800 COMMUNITY OUTREACH 6,090 FUEL 525 GIFTS GIVEN 1,794 HOSTING 953 MEALS 209 MEMBERSHIP FEES 108 MERCHANT/SERVICE FEES 111 PAYROLL SERVICE FEES 489 PETTY CASH 200 SPORTS COURT 49 TOTAL 17,361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EMPLOYEE PORTION OF TAXES -1,264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONSTRUCTION IN PROGRESS 0 20,279 TOTAL 0 20,279
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRACE REIGNS IS A CHRISTIAN CHARITY ORGANIZATION DESIGNED TO PROVIDE AN ENVIRONMENT WHERE GRACE AND LOVE IS ENCOURAGED AND LAVISHED UPON A COMMUNITY RAVAGED BY THE ILLS OF AUTOCRACY. AS A MEANS OF LAVISHING THESE VIRTUES UPON THE COMMUNITY MULTIPLE TEAMS FROM AROUND THE COUNTRY ARE INVITED TO PARTICIPATE IN MEANINGFUL WAYS SUCH AS SERVICE PROJECTS; EDUCATIONAL SEMINARS, YOUTH ACTIVITIES AND COMMUNITY BUILDING INITIATIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRACE REIGNS, INC. PROVIDES A VENUE ACCESSIBLE TO LOCAL RESIDENTS INTERESTED IN HOSTING PERSONAL AND COMMUNITY BUILDING ACTIVITIES. IN THIS WAY, WE ARE HELPING TO EMPOWER COMMUNITY MEMBERS TO HELP THEMSELVES. SOME EXAMPLES OF THESE ACTIVITIES INCLUDE EDUCATIONAL SEMINARS, YOUTH ENTERTAINMENT AND SERVICE PROJECTS, COMMUNITY BUILDING INITIATIVES, AND ONGOING COMMUNITY USE OF THE COMMUNITY CENTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN ORDER TO FURTHER ASSIST FAMILIES WE HAVE ALSO ESTABLISHED A THRIFT STORE. THIS IS DESIGNED TO HELP MEET ONGOING PHYSICAL NEEDS IN THE COMMUNITY. PRICES ARE SET ACCORDING TO PERCEIVED MARKET CONDITIONS AND USUALLY RANGE BETWEEN 10 - 25% OF RETAIL VALUE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0BRODY L OLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE REIGNS INC
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ReturnHeader/Filer/EIN0475165781
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1427
ReturnHeader/Filer/USAddress/CityNm0COLORADO CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt052 SOUTH 850 WEST SUITE 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HURRICANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084737
ReturnHeader/PreparerPersonGrp/PhoneNum04356355665
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF HUNT CPA
ReturnHeader/ReturnTs02017-07-18T07:45:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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