Civic Intelligence

Grace Resources

990EZ • Fiscal year 2022 • EIN 62-1799720

Jan 01, 2022 to Dec 31, 2022 • Filed on May 13, 2023

Organization Profilewww.graceresources.com
6100 Johnson Chapel RoadBrentwood, TN 37027

(615) 708-0831

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

27th percentile

-9.6%

Higher net margin than 27% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$60,995

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 92.9% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

12th percentile

-40%

Faster asset growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

23rd percentile

-22%

Faster revenue growth than 23% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$9,310

Down $6,336 (-40%) from 2021

Net Assets

Down

$9,310

Down $6,336 (-40%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin27th percentile

Revenue

Down

$65,667

Down $18,066 (-22%) from 2021

Expenses

Down

$72,003

Down $5,855 (-7.5%) from 2021

Net Income

Down

-$6,336

Down $12,211 (-208%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$30K$20K$10K$0Assets 2011: $13,734Liabilities 2011: $02011Assets 2012: $5,019Liabilities 2012: $02012Assets 2013: $4,826Liabilities 2013: $02013Assets 2014: $2,611Liabilities 2014: $02014Assets 2015: $10,251Liabilities 2015: $02015Assets 2016: $12,003Liabilities 2016: $02016Assets 2017: $25,258Liabilities 2017: $02017Assets 2018: $29,877Liabilities 2018: $02018Assets 2019: $23,331Liabilities 2019: $02019Assets 2020: $9,771Liabilities 2020: $02020Assets 2021: $15,646Net Assets 2021: $15,6462021Assets 2022: $9,310Liabilities 2022: $0Net Assets 2022: $9,3102022Assets 2023: $8,526Liabilities 2023: $02023

Highlighted filing

2022

Assets$9,310
Liabilities$0
Net Assets$9,310
Open 2022 Filing

Operations Trend

Revenue Growth23rd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $67,118Expenses 2011: $62,699Net Income 2011: $4,4192011Revenue 2012: $56,605Expenses 2012: $65,646Net Income 2012: -$9,0412012Revenue 2013: $60,486Expenses 2013: $60,618Net Income 2013: -$1322013Revenue 2014: $55,857Expenses 2014: $58,296Net Income 2014: -$2,4392014Revenue 2015: $69,510Expenses 2015: $61,870Net Income 2015: $7,6402015Revenue 2016: $83,639Expenses 2016: $82,054Net Income 2016: $1,5852016Revenue 2017: $101,725Expenses 2017: $88,470Net Income 2017: $13,2552017Revenue 2018: $99,303Expenses 2018: $94,684Net Income 2018: $4,6192018Revenue 2019: $89,628Expenses 2019: $96,174Net Income 2019: -$6,5462019Revenue 2020: $69,888Expenses 2020: $83,508Net Income 2020: -$13,6202020Revenue 2021: $83,733Expenses 2021: $77,858Net Income 2021: $5,8752021Revenue 2022: $65,667Expenses 2022: $72,003Net Income 2022: -$6,3362022Revenue 2023: $74,513Expenses 2023: $75,297Net Income 2023: -$7842023

Highlighted filing

2022

Revenue$65,667
Expenses$72,003
Net Income-$6,336
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 13, 2023
Return Version
2022v5.0
Gross Receipts
$65,667
Mission and Program Overview

Mission

Christian Discipleship, Counseling and Evangelism

Christian Evangelism and Counseling

Program Services

DescriptionGrantsExpenses
Pastoral and Discipleship Counseling 50-60 Clients per month-$43,200
Teach seminars and small groups 20-25 clients per month-$7,560
Mentor 2-5 Clints pe month-$3,240
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard D GeorgePresidentFT$50,500$10,495$60,995
Gail M GeorgeSecretary To The BoardPT$0--
Robert and Janice HodumBoard Members-$0--
Doug RogersBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Grace Resources Inc
EIN
62-1799720
Phone
6157080831
Address
6100 Johnson Chapel Road, Brentwood, TN 37027

Signing Officer

Name
Richard D George
Title
President
Phone
6157080831
Signed
2023-05-13
Supplemental Narrative

Additional Explanations

Schedule O:

“Part I Line 16 Other Expenses Bank Charges and Credit card fees $343 Loss on Sale of Stock $109 Office supplies $ 2,022 Program Expense $ 153 Support Raising $ 653 Telephone $ 2,512 Meals and Travel $ 4,568 Total $10,360. Part II Line 24 Other Assets Petty Cash $ 233”

Raw XML Appendix177 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt010495
IRS990EZ/BooksInCareOfDetail/PersonNm0Richard D George
IRS990EZ/BooksInCareOfDetail/PhoneNum06157080831
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06100 Johnson Chapel Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brentwood
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037027
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015137
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09077
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt038540
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6336
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0442
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt015646
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09310
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt065667
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt048
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015646
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09310
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015646
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09310
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt055
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt050500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt010495
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Richard D George
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Gail M George
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Robert and Janice Hodum
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Doug Rogers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary to the Board
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Members
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0509
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0233
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt010360
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Christian Evangelism and Counseling
IRS990EZ/PrintingPublicationsPostageAmt0206
IRS990EZ/ProgramServiceRevenueAmt027079
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Pastoral and Discipleship Counseling 50-60 Clients per month
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Teach seminars and small groups 20-25 clients per month
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Mentor 2-5 Clints pe month
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt043200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17560
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23240
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt050500
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt072003
IRS990EZ/TotalProgramServiceExpensesAmt054000
IRS990EZ/TotalRevenueAmt065667
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.graceresources.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt065667
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt083782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt069567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt089506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt095303
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0403825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0312
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0482
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0403825
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt065667
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt083782
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt069567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt089506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt095303
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0403825
IRS990ScheduleA/TotalSupportAmt0404307
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part I Line 16 Other Expenses Bank Charges and Credit card fees $343 Loss on Sale of Stock $109 Office supplies $ 2,022 Program Expense $ 153 Support Raising $ 653 Telephone $ 2,512 Meals and Travel $ 4,568 Total $10,360. Part II Line 24 Other Assets Petty Cash $ 233
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard D George
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06157080831
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Grace Resources Inc
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0621799720
ReturnHeader/Filer/PhoneNum06157080831
ReturnHeader/Filer/USAddress/AddressLine1Txt06100 Johnson Chapel Road
ReturnHeader/Filer/USAddress/CityNm0Brentwood
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037027
ReturnHeader/ReturnTs02023-05-13T22:30:08Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Richard
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0D George
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,310
Liabilities
$0
Net assets
$9,310
Revenue
$65,667
Expenses
$72,003
Net income
-$6,336
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.09$0.00$0.75$0.75$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.66$0.72$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.16$0.84$0.78$0.06
2020Summary only. Only limited summary data is available for this year.$0.10$0.00$0.70$0.84$0.14
2019Summary only. Only limited summary data is available for this year.$0.23$0.00$0.90$0.96$0.07
2018Summary only. Only limited summary data is available for this year.$0.30$0.00$0.99$0.95$0.05
2017Summary only. Only limited summary data is available for this year.$0.25$0.00$1.02$0.88$0.13
2016Summary only. Only limited summary data is available for this year.$0.12$0.00$0.84$0.82$0.02
2015Summary only. Only limited summary data is available for this year.$0.10$0.00$0.70$0.62$0.08
2014Summary only. Only limited summary data is available for this year.$0.03$0.00$0.56$0.58$0.02
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.60$0.61$0.00
2012Summary only. Only limited summary data is available for this year.$0.05$0.00$0.57$0.66$0.09
2011Summary only. Only limited summary data is available for this year.$0.14$0.00$0.67$0.63$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits