Civic Intelligence

Simply Grace Inc.

990 • Fiscal year 2017 • EIN 56-2384967

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

133 Samaritan DrCumming, GA 30040

(678) 965-4055

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

50th percentile

3.5%

Higher net margin than 50% of similar nonprofits.

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

Top Officer Pay

87th percentile

$31,700

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 61.0% of source-year revenue.

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

Asset Growth

29th percentile

-9.5%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

39th percentile

-5.4%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Flat

$24,267

Flat from 2017

Net Assets

Flat

$24,114

Flat from 2017

Liabilities

Flat

$153

Flat from 2017

Revenue

Flat

$51,977

Flat from 2017

Expenses

Flat

$50,173

Flat from 2017

Net Income

Flat

$1,804

Flat from 2017

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0-$20KAssets 2010: $22,555Liabilities 2010: $647Net Assets 2010: $21,9082010Assets 2011: $13,996Liabilities 2011: $2412011Assets 2015: $19,382Liabilities 2015: $02015Assets 2016: $26,805Liabilities 2016: $02016Assets 2017: $24,267Liabilities 2017: $153Net Assets 2017: $24,1142017Assets 2017: $24,267Liabilities 2017: $153Net Assets 2017: $24,1142017Assets 2018: $35,388Liabilities 2018: $153Net Assets 2018: $35,2352018Assets 2019: $40,050Liabilities 2019: -$390Net Assets 2019: $40,4402019Assets 2020: $44,490Liabilities 2020: $0Net Assets 2020: $44,4902020Assets 2021: $59,311Liabilities 2021: $0Net Assets 2021: $59,3112021Assets 2022: $72,253Liabilities 2022: $936Net Assets 2022: $71,3172022Assets 2023: $61,000Liabilities 2023: $383Net Assets 2023: $60,6172023

Highlighted filing

2017

Assets$24,267
Liabilities$153
Net Assets$24,114

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $71,299Expenses 2010: $68,532Net Income 2010: $2,7672010Revenue 2011: $52,516Expenses 2011: $60,669Net Income 2011: -$8,1532011Revenue 2015: $49,591Expenses 2015: $43,658Net Income 2015: $5,9332015Revenue 2016: $54,915Expenses 2016: $47,492Net Income 2016: $7,4232016Revenue 2017: $51,977Expenses 2017: $50,173Net Income 2017: $1,8042017Revenue 2017: $51,977Expenses 2017: $50,173Net Income 2017: $1,8042017Revenue 2018: $59,698Expenses 2018: $48,577Net Income 2018: $11,1212018Revenue 2019: $55,372Expenses 2019: $50,167Net Income 2019: $5,2052019Revenue 2020: $55,973Expenses 2020: $49,809Net Income 2020: $6,1642020Revenue 2021: $74,487Expenses 2021: $59,666Net Income 2021: $14,8212021Revenue 2022: $87,695Expenses 2022: $75,689Net Income 2022: $12,0062022Revenue 2023: $70,670Expenses 2023: $81,370Net Income 2023: -$10,7002023

Highlighted filing

2017

Revenue$51,977
Expenses$50,173
Net Income$1,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$51,977
Mission and Program Overview

Mission

Helping the hurting rediscover a passion for life; recovering and resting in the love and acceptance of God and self.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,310$24,267▲ $1,957
Rtn Earn Endowment Incm Other Fnds$22,310$24,114▲ $1,804
Total Assets$22,310$24,267▲ $1,957
Liabilities
Accounts Payable and Accrued Expenses-$153-
Total Liabilities$0$153▲ $153
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,310$24,114▲ $1,804
Total Liabilities and Net Assets / Fund Balance$22,310$24,267▲ $1,957
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kenneth F PallonePresident CounselorFT$31,700$31,700
Debra PalloneBoard Sec Manager CounselorPT$5,541$5,541

Board Members and Trustees

NameTitle
Hal PruitBoard Member
Shaundra W BlackwellBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$36,104
Program Service Revenue
$15,873
Investment Income
$0
Other Revenue
$0
All Other Contributions
$36,104
Change in Net Assets
$1,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$38,261
Other Expenses$11,912
Total Fundraising Expense$1,390
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$35,379$1,490$372$37,241
Occupancy$4,331$771$16$5,118
Office Expenses$453$1,108$307$1,868
All Other Expenses$1,218$145-$1,363
Information Technology$38$956$110$1,104
Advertising$871-$218$1,089
Payroll Taxes$969$41$10$1,020
Insurance$774$194-$968
Conferences and Meetings--$249$249
Fees for Services Other--$108$108
Travel-$45-$45
Total Functional Expenses$44,033$4,750$1,390$50,173
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Debra Pazone is a secretary on the Board but non voting. Her 25 hours average per week are mostly voluntary considering her meager annual salary of $5,541. She is the wife of Kenneth Pallone.

Form 990 governing body review Part VI line 11

No review was conducted or will be conducted. The 990 is available to Board member upon request.

Governing documents etc available to public Part VI line 19

The website describes the mission and purpose of the organization in great detail. The incorporating documents are publicly available on the GA secretary of state website. No other documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Simply Grace Inc
EIN
56-2384967
Address
133 Samaritan Dr, Cumming, GA 30040

Signing Officer

Name
Kenneth F Pallone 3 Officer
Title
President Coun
Phone
6789654055
Signed
2018-05-10
Discuss with paid preparer
No

Organization Details

Principal Officer
Kenneth F Pallone 3 Officer
Formed
2003
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
2
Employees
2

Preparer

Firm
Johnson & Associates CPA
Address
2066 Harmony Dr, Canton, GA 30115
Preparer
Michael Johnson
Phone
7705707297
Supplemental Narrative

Additional Explanations

Balance Sheet Part X

Prior year 990 EZ Part II line 24 indicated an ending balance of $4495 representing the undepreciated value of furniture purchased during 2009. This is contrarty to Prior year Schedule O filed with the 2016 990ez noting that all the furniture was depreciated. A Review of the books indicates that schedule O was correct and the ending balance on Part II line 24 should have been $4495 and line 27 would have been $4495 less than stated. The beginning balances in this 2017 990 reflect that the furniture is fully depreciated as stated in Schedule O.

General explanation attachment

Part III line 28. Some of the Spiritual Counseling was performed at New Name Ministries. New Name Ministries shared Contributions related to those services.Addition information regarding our mission: Those who benefit vary, from the heavily traumatized to the well adjusted. The age range is from teenager to senior adult. Many of our clients experience improved health and vitality. We do not charge a fee for our services, we ask for a donation. Some receive our services at no monetary cost, many donations are relatively small; therefore, donations for counseling scholarships help pay our expenses.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Debra Pazone is a secretary on the Board but non voting. Her 25 hours average per week are mostly voluntary considering her meager annual salary of $5,541. She is the wife of Kenneth Pallone.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was conducted or will be conducted. The 990 is available to Board member upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The website describes the mission and purpose of the organization in great detail. The incorporating documents are publicly available on the GA secretary of state website. No other documents are available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Prior year 990 EZ Part II line 24 indicated an ending balance of $4495 representing the undepreciated value of furniture purchased during 2009. This is contrarty to Prior year Schedule O filed with the 2016 990ez noting that all the furniture was depreciated. A Review of the books indicates that schedule O was correct and the ending balance on Part II line 24 should have been $4495 and line 27 would have been $4495 less than stated. The beginning balances in this 2017 990 reflect that the furniture is fully depreciated as stated in Schedule O.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Part III line 28. Some of the Spiritual Counseling was performed at New Name Ministries. New Name Ministries shared Contributions related to those services.Addition information regarding our mission: Those who benefit vary, from the heavily traumatized to the well adjusted. The age range is from teenager to senior adult. Many of our clients experience improved health and vitality. We do not charge a fee for our services, we ask for a donation. Some receive our services at no monetary cost, many donations are relatively small; therefore, donations for counseling scholarships help pay our expenses.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Balance Sheet Part X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4General explanation attachment
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President Coun
ReturnHeader/BusinessOfficerGrp/PhoneNum06789654055
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
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ReturnHeader/Filer/BusinessNameControlTxt0SIMP
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.251.15.96
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTm013:55:10
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Johnson & Associates CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02066 Harmony Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Canton
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ReturnHeader/PreparerPersonGrp/PhoneNum07705707297
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Johnson
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ReturnHeader/ReturnTs02018-05-15T14:06:28-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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