Civic Intelligence

Grace Resources

990EZ • Fiscal year 2023 • EIN 62-1799720

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 10, 2024

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

40th percentile

-1.1%

Higher net margin than 40% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

95th percentile

$66,169

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 88.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

34th percentile

-8.4%

Faster asset growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Flat

$8,526

Flat from 2023

Net Assets

$8,526

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin40th percentile

Revenue

Flat

$74,513

Flat from 2023

Expenses

Flat

$75,297

Flat from 2023

Net Income

Flat

-$784

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth34th 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: $0Net Assets 2023: $8,5262023Assets 2023: $8,526Liabilities 2023: $02023

Highlighted filing

2023

Assets$8,526
Liabilities$0
Net Assets$8,526
Open 2023 Filing

Operations Trend

Revenue Growth60th 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: -$7842023Revenue 2023: $74,513Expenses 2023: $75,297Net Income 2023: -$7842023

Highlighted filing

2023

Revenue$74,513
Expenses$75,297
Net Income-$784
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 10, 2024
Return Version
2023v4.0
Gross Receipts
$74,513
Mission and Program Overview

Mission

Christian Discipleship, Counseling and Evangelism

Christian Evangelism Discipleship and Counseling

Program Services

DescriptionGrantsExpenses
Pastoral and Discipleship Counseling for 50 - 60 clients per month$0$45,600
Teaching and training through small groups and seminars$0$7,980
Mentoring of 2 -4 clients per month$0$3,420
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rev Richard D GeorgePresidentFT$53,000$13,169$66,169
Gail M GeorgeSecretaryPT$0--
Dr Robert and Mrs Janice HodumBoard Of Directors-$0--
Filing and Contact Details

Filer

Filer Name
Grace Resources
EIN
62-1799720
In Care Of
% Richard D George
Address
6100 Johnson Chapel Road, Brentwood, TN 37027

Signing Officer

Name
Richard D George
Title
President
Signed
2024-03-10
Supplemental Narrative

Additional Explanations

Doing Business As Names

“Grace Resources Inc”

Part I, line 16

“| Other Expenses:, Amount:| Part 1 Line 16 Other Expenses Bank Charges and Credit Card Fees $ 543 Office supplies $1081 Program expenses $224 Support Raising $ 252 Telephone INternet $2,964 Travel Expenses $3,914., $8478|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Part II line 24 Other Assets Petty Cash $101, $233, $101|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| no other liabilities, $0, $0|”

Raw XML Appendix174 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
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IRS990EZ/BenefitsPaidToOrForMembersAmt013169
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/BOYAmt09077
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08425
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt046889
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-784
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0460
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09310
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08526
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt074513
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09310
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08526
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09310
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08526
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt055
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt053000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt013169
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rev Richard D George
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Gail M George
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dr Robert and Mrs Janice Hodum
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board of Directors
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0233
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0101
IRS990EZ/OtherExpensesTotalAmt08478
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Christian Evangelism Discipleship and Counseling
IRS990EZ/PrintingPublicationsPostageAmt0190
IRS990EZ/ProgramServiceRevenueAmt027624
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Pastoral and Discipleship Counseling for 50 - 60 clients per month
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Teaching and training through small groups and seminars
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Mentoring of 2 -4 clients per month
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt045600
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17980
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23420
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt053000
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt075297
IRS990EZ/TotalProgramServiceExpensesAmt057000
IRS990EZ/TotalRevenueAmt074513
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.graceresources.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt074513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt065667
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt083782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt069567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt089506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0383035
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0312
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0482
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.9987
IRS990ScheduleA/PublicSupportPY170Pct00.9998
IRS990ScheduleA/PublicSupportTotal170Amt0383035
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt074513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt065667
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt083782
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt069567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt089506
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0383035
IRS990ScheduleA/TotalSupportAmt0383517
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grace Resources Inc
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Part 1 Line 16 Other Expenses Bank Charges and Credit Card Fees $ 543 Office supplies $1081 Program expenses $224 Support Raising $ 252 Telephone INternet $2,964 Travel Expenses $3,914., $8478|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Part II line 24 Other Assets Petty Cash $101, $233, $101|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| no other liabilities, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Doing Business As Names
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard D George
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE RESOURCES
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0621799720
ReturnHeader/Filer/ForeignPhoneNum06157080831
ReturnHeader/Filer/InCareOfNm0% Richard D George
ReturnHeader/Filer/USAddress/AddressLine1Txt06100 Johnson Chapel Road
ReturnHeader/Filer/USAddress/CityNm0Brentwood
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037027
ReturnHeader/ReturnTs02024-03-10T06:24:16-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,526
Liabilities
$0
Net assets
$8,526
Revenue
$74,513
Expenses
$75,297
Net income
-$784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.75$0.75$0.01
2023Summary only. Only limited summary data is available for this year.$0.09$0.00$0.75$0.75$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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