Civic Intelligence

Grace Project Inc.

990EZ • Fiscal year 2016 • EIN 72-1459837

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 16, 2016

1666 Alston StShreveport, LA 71101

(318) 227-9993

Siviq Scores

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

Liabilities / Assets

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

1.10x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

3rd percentile

-219%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% 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

24th percentile

-15%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-26%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$401,309

Down $68,775 (-15%) from 2015

Net Assets

Down

$388,065

Down $68,795 (-15%) from 2015

Liabilities

Up

$13,244

Up $20 (+0.2%) from 2015

Revenue

Down

$12,000

Down $4,200 (-26%) from 2015

Expenses

Up

$38,266

Up $29,949 (+360%) from 2015

Net Income

Down

-$26,266

Down $34,149 (-433%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $525,226Liabilities 2012: $71,289Net Assets 2012: $453,9372012Assets 2013: $489,529Liabilities 2013: $71,289Net Assets 2013: $418,2402013Assets 2014: $417,654Liabilities 2014: $13,234Net Assets 2014: $404,4202014Assets 2015: $470,084Liabilities 2015: $13,224Net Assets 2015: $456,8602015Assets 2016: $401,309Liabilities 2016: $13,244Net Assets 2016: $388,0652016Assets 2017: $389,045Liabilities 2017: $13,243Net Assets 2017: $375,8022017Assets 2018: $346,402Net Assets 2018: $346,4022018Assets 2019: $346,812Liabilities 2019: $0Net Assets 2019: $346,8122019Assets 2020: $314,596Net Assets 2020: $314,5962020Assets 2021: $290,601Net Assets 2021: $290,6012021Assets 2022: $256,628Net Assets 2022: $256,6282022Assets 2023: $211,999Net Assets 2023: $211,9992023Assets 2024: $191,207Net Assets 2024: $191,2072024

Highlighted filing

2016

Assets$401,309
Liabilities$13,244
Net Assets$388,065

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: -$1,093Expenses 2012: $22,252Net Income 2012: -$23,3452012Expenses 2013: $19,3962013Revenue 2014: $42,228Expenses 2014: $56,048Net Income 2014: -$13,8202014Revenue 2015: $16,200Expenses 2015: $8,317Net Income 2015: $7,8832015Revenue 2016: $12,000Expenses 2016: $38,266Net Income 2016: -$26,2662016Revenue 2017: $16,100Expenses 2017: $28,363Net Income 2017: -$12,2632017Revenue 2018: $11,700Expenses 2018: $32,160Net Income 2018: -$20,4602018Revenue 2019: $13,887Expenses 2019: $13,137Net Income 2019: $7502019Revenue 2020: $18,155Expenses 2020: $50,371Net Income 2020: -$32,2162020Revenue 2021: $30,150Expenses 2021: $53,592Net Income 2021: -$23,4422021Revenue 2022: $31,464Expenses 2022: $65,401Net Income 2022: -$33,9372022Revenue 2023: $17,025Expenses 2023: $61,654Net Income 2023: -$44,6292023Revenue 2024: $19,673Expenses 2024: $40,465Net Income 2024: -$20,7922024

Highlighted filing

2016

Revenue$12,000
Expenses$38,266
Net Income-$26,266
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 16, 2016
Return Version
2015v2.1
Gross Receipts
$12,000
Mission and Program Overview

Mission

Mission is to provide decent affordable housing to low and moderate income families and individuals in the allendale area of the city of shreveport

Program Services

DescriptionGrantsExpenses
RESIDENTIAL RENTAL SERVICES - PROVIDED RENTAL HOUSING TO 4 LOW INCOME INDIVIDUALS OR FAMILIES WITHIN THE TARGET AREA OF THE ALLENDALE COMMUNITY IN SHREVEPORT-$38,266
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HARRY BLAKEBoard President-$0--
TRAVIS BOGANSecretary-$0--
ARMEAL GEORGE JRTreasurer-$0--
MAXINE DAVIEDirector-$0--
BETTY LACAZEDirector-$0--
CODY WHITEDirector-$0--
EDWARD CEASARDirector-$0--
ANDREW MARSHALLDirector-$0--
ROBERT HANDYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Grace Project Inc
EIN
72-1459837
Phone
3182279993
Address
1666 ALSTON ST, SHREVEPORT, LA 71101

Signing Officer

Name
Harry Blake
Title
Executive Director
Phone
3182279993
Signed
2016-11-16

Preparer

Firm
Talmadge E Mitchel CPA Apc
Address
1240 MILAM STREET, SHREVEPORT, LA 71101
Preparer
Talmadge E Mitchel
Phone
3186751945
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Depreciation 22526.

Form 990EZ, Part I, Line 16

INTEREST EXPENSE 2746.

Form 990EZ, Part I, Line 20

Depreciation not recognized in prior reports -42179.

Form 990EZ, Part I, Line 20

Write off of receivable balance -340.

Form 990EZ, Part II, Line 26

Accounts Payable 2669. 2679.

Form 990EZ, Part II, Line 26

Security Deposits 280. 280.

Form 990EZ, Part II, Line 26

Due to City 9945. 9945.

Form 990EZ, Part II, Line 26

Deferred Revenue 340. 340.

Raw XML Appendix173 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/BooksInCareOfDetail/USAddress/CityNm0Shreveport
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HARRY BLAKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TRAVIS BOGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ARMEAL GEORGE JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MAXINE DAVIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BETTY LACAZE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-42519
IRS990EZ/OtherExpensesTotalAmt025272
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt038266
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt013234
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt038266
IRS990EZ/TotalProgramServiceExpensesAmt038266
IRS990EZ/TotalRevenueAmt012000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt062687
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012900
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IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70840
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.82240
IRS990ScheduleA/PublicSupportTotal170Amt062687
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09387
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt062687
IRS990ScheduleA/TotalSupportAmt088487
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation 22526.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INTEREST EXPENSE 2746.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation not recognized in prior reports -42179.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Write off of receivable balance -340.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts Payable 2669. 2679.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Security Deposits 280. 280.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Due to City 9945. 9945.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Deferred Revenue 340. 340.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HARRY BLAKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03182279993
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0721459837
ReturnHeader/Filer/PhoneNum03182279993
ReturnHeader/Filer/USAddress/AddressLine1Txt01666 ALSTON ST
ReturnHeader/Filer/USAddress/CityNm0SHREVEPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd071101
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TALMADGE E MITCHEL CPA APC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01240 MILAM STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHREVEPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071101
ReturnHeader/PreparerPersonGrp/PhoneNum03186751945
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TALMADGE E MITCHEL
ReturnHeader/ReturnTs02016-11-16T14:34:34-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits