Civic Intelligence

Grateful Fellowship Community Church

990 • Fiscal year 2017 • EIN 75-2760343

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

1012 E WintergreenDesoto, TX 75115

(469) 879-5369

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.11x

Higher debt load relative to assets than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

76th percentile

0.46x

Higher debt load relative to revenue than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

65th percentile

9.7%

Higher net margin than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

49th percentile

3.0%

Faster asset growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

33%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,204,629

Up $35,013 (+3.0%) from 2016

Net Assets

Up

$1,076,863

Up $27,192 (+2.6%) from 2016

Liabilities

Up

$127,766

Up $7,821 (+6.5%) from 2016

Revenue

Up

$279,957

Up $69,253 (+33%) from 2016

Expenses

Up

$252,765

Up $84,660 (+50%) from 2016

Net Income

Down

$27,192

Down $15,407 (-36%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,206,331Liabilities 2010: $190,000Net Assets 2010: $1,016,3312010Assets 2011: $1,197,448Liabilities 2011: $205,000Net Assets 2011: $992,4482011Assets 2012: $1,228,763Liabilities 2012: $216,043Net Assets 2012: $1,012,7202012Assets 2013: $1,206,808Liabilities 2013: $157,596Net Assets 2013: $1,049,2122013Assets 2014: $1,206,562Liabilities 2014: $185,907Net Assets 2014: $1,020,6552014Assets 2015: $1,162,268Liabilities 2015: $155,196Net Assets 2015: $1,007,0722015Assets 2016: $1,169,616Liabilities 2016: $119,945Net Assets 2016: $1,049,6712016Assets 2017: $1,204,629Liabilities 2017: $127,766Net Assets 2017: $1,076,8632017Assets 2018: $1,179,719Liabilities 2018: $61,779Net Assets 2018: $1,117,9402018Assets 2019: $1,206,804Liabilities 2019: $0Net Assets 2019: $1,206,8042019Assets 2020: $1,216,565Liabilities 2020: $0Net Assets 2020: $1,216,5652020Assets 2021: $1,208,749Liabilities 2021: $0Net Assets 2021: $1,208,7492021Assets 2022: $1,238,449Liabilities 2022: $0Net Assets 2022: $1,238,4492022Assets 2023: $1,217,831Liabilities 2023: $0Net Assets 2023: $1,217,8312023Assets 2024: $1,213,043Liabilities 2024: $0Net Assets 2024: $1,213,0432024

Highlighted filing

2017

Assets$1,204,629
Liabilities$127,766
Net Assets$1,076,863

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $289,4412010Expenses 2011: $223,1592011Expenses 2012: $239,0552012Revenue 2013: $247,629Expenses 2013: $211,137Net Income 2013: $36,4922013Revenue 2014: $235,003Expenses 2014: $223,395Net Income 2014: $11,6082014Revenue 2015: $201,289Expenses 2015: $214,872Net Income 2015: -$13,5832015Revenue 2016: $210,704Expenses 2016: $168,105Net Income 2016: $42,5992016Revenue 2017: $279,957Expenses 2017: $252,765Net Income 2017: $27,1922017Revenue 2018: $279,499Expenses 2018: $238,422Net Income 2018: $41,0772018Revenue 2019: $306,556Expenses 2019: $280,137Net Income 2019: $26,4192019Revenue 2020: $246,834Expenses 2020: $237,073Net Income 2020: $9,7612020Revenue 2021: $239,259Expenses 2021: $247,075Net Income 2021: -$7,8162021Revenue 2022: $245,013Expenses 2022: $215,313Net Income 2022: $29,7002022Revenue 2023: $195,344Expenses 2023: $215,962Net Income 2023: -$20,6182023Revenue 2024: $178,641Expenses 2024: $178,974Net Income 2024: -$3332024

Highlighted filing

2017

Revenue$279,957
Expenses$252,765
Net Income$27,192
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 10, 2018
Return Version
2017v2.2
Gross Receipts
$279,957
Mission and Program Overview

Mission

Operate as a christian church promoting biblical worship, instruction, fellowship, and evangelism in the community and for those elsewhere requesting such services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,150,485$1,150,485→ $0
Cash and Non-Interest-Bearing Accounts$14,731$49,744▲ $35,013
Total Assets$1,169,616$1,204,629▲ $35,013
Other Assets Total$4,400$4,400→ $0
Liabilities
Other Liabilities$119,945$127,766▲ $7,821
Total Liabilities$119,945$127,766▲ $7,821
Net Assets / Fund Balance
Unrestricted Net Assets$1,049,671$1,076,863▲ $27,192
Total Net Assets Fund Balance$1,049,671$1,076,863▲ $27,192
Total Liabilities and Net Assets / Fund Balance$1,169,616$1,204,629▲ $35,013

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,150,485-$1,150,485
Compensation and Service Providers

Board Members and Trustees

NameTitle
Danette CurrieOffice Manag
John CurriePastor
Revenue and Support

Revenue Composition

Contributions and Grants
$279,957
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$27,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$131,329
Other Expenses$121,436
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$99,076--$99,076
Interest-$45,123-$45,123
Other Employee Benefits$32,253--$32,253
Occupancy$28,073--$28,073
Insurance-$28,048-$28,048
Fees for Services Other$17,182--$17,182
Office Expenses-$2,485-$2,485
Fees for Services Accounting-$525-$525
Total Functional Expenses$176,584$76,181$0$252,765
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable$127,766
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Grateful Fellowship Community
EIN
75-2760343
Phone
4698795369
Address
1012 E WINTERGREEN, DESOTO, TX 75115

Signing Officer

Name
John Currie
Title
Pastor
Phone
9722242922
Signed
2018-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danette Currie
Formed
1998
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Zelda Cohen Hantz CPA
Address
6905 NORWAY PL, DALLAS, TX 75230
Preparer
Zelda Cohen Hantz CPA
Phone
2149879718
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Minister to the physical, emotional, and spiritual needs of the members and the community at large.

Form 990, Part XI, Line 9

MARKET DECLINE 0

Raw XML Appendix252 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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ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.18$0.18$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.20$0.22$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.25$0.22$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.24$0.25$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.25$0.24$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.31$0.28$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.06$1.12$0.28$0.24$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.20$0.13$1.08$0.28$0.25$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.12$1.05$0.21$0.17$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.16$0.16$1.01$0.20$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.19$1.02$0.24$0.22$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.21$0.16$1.05$0.25$0.21$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.22$1.01$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.21$0.99$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.19$1.02$0.29