Civic Intelligence

W E Grace Foundation

990 • Fiscal year 2022 • EIN 75-6012546

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 27, 2023

Organization ProfileN/A
208 River Trail CourtWestworth Village, TX 76114-3537

(817) 332-5256

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

100th percentile

407%

Higher net margin than 100% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

26th percentile

-6.5%

Faster asset growth than 26% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$1,206,418

Down $83,357 (-6.5%) from 2021

Net Assets

Down

$1,206,418

Down $83,357 (-6.5%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$20,486

Down $189,256 (-112%) from 2021

Expenses

Down

$62,871

Down $6,120 (-8.9%) from 2021

Net Income

Down

-$83,357

Down $183,136 (-184%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $1,077,396Liabilities 2010: $0Net Assets 2010: $1,077,3962010Assets 2011: $1,086,826Liabilities 2011: $0Net Assets 2011: $1,086,8262011Assets 2012: $1,086,745Liabilities 2012: $0Net Assets 2012: $1,086,7452012Assets 2013: $1,095,721Liabilities 2013: $0Net Assets 2013: $1,095,7212013Assets 2014: $1,086,549Liabilities 2014: $0Net Assets 2014: $1,086,5492014Assets 2015: $1,122,731Liabilities 2015: $0Net Assets 2015: $1,122,7312015Assets 2016: $1,127,802Liabilities 2016: $0Net Assets 2016: $1,127,8022016Assets 2017: $1,133,637Liabilities 2017: $0Net Assets 2017: $1,133,6372017Assets 2018: $1,208,094Liabilities 2018: $0Net Assets 2018: $1,208,0942018Assets 2019: $1,225,046Liabilities 2019: $0Net Assets 2019: $1,225,0462019Assets 2020: $1,189,996Liabilities 2020: $0Net Assets 2020: $1,189,9962020Assets 2021: $1,289,775Liabilities 2021: $0Net Assets 2021: $1,289,7752021Assets 2022: $1,206,418Liabilities 2022: $0Net Assets 2022: $1,206,4182022Assets 2023: $1,173,603Liabilities 2023: $0Net Assets 2023: $1,173,6032023Assets 2024: $1,160,701Liabilities 2024: $0Net Assets 2024: $1,160,7012024

Highlighted filing

2022

Assets$1,206,418
Liabilities$0
Net Assets$1,206,418
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KExpenses 2010: $74,2252010Expenses 2011: $68,8242011Expenses 2012: $61,8982012Revenue 2013: $70,967Expenses 2013: $61,991Net Income 2013: $8,9762013Revenue 2014: $64,842Expenses 2014: $74,014Net Income 2014: -$9,1722014Revenue 2015: $106,553Expenses 2015: $70,371Net Income 2015: $36,1822015Revenue 2016: $74,509Expenses 2016: $69,438Net Income 2016: $5,0712016Revenue 2017: $85,686Expenses 2017: $79,851Net Income 2017: $5,8352017Revenue 2018: $139,779Expenses 2018: $65,322Net Income 2018: $74,4572018Revenue 2019: $97,462Expenses 2019: $80,510Net Income 2019: $16,9522019Revenue 2020: $33,438Expenses 2020: $68,488Net Income 2020: -$35,0502020Revenue 2021: $168,770Expenses 2021: $68,991Net Income 2021: $99,7792021Revenue 2022: -$20,486Expenses 2022: $62,871Net Income 2022: -$83,3572022Revenue 2023: $51,420Expenses 2023: $84,235Net Income 2023: -$32,8152023Revenue 2024: $50,394Expenses 2024: $66,983Net Income 2024: -$16,5892024

Highlighted filing

2022

Revenue-$20,486
Expenses$62,871
Net Income-$83,357
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 27, 2023
Return Version
2022v4.1
Gross Receipts
$354,791
Mission and Program Overview

Mission

To provide support to Whitney High School of the Whitney Independent School District for scholarships to encourage student participation in the Future Farmers of America Program.

Scholarship programs to supplement f.f.a. Program at lake whitney high school

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,289,775$1,206,418▼ $83,357
Investments Other Securities$1,147,637$1,022,946▼ $124,691
Land, Buildings, and Equipment, Net$106,493$105,089▼ $1,404
Savings and Temporary Cash Investments$9,990$75,163▲ $65,173
Cash and Non-Interest-Bearing Accounts$25,655$3,220▼ $22,435
Total Assets$1,289,775$1,206,418▼ $83,357
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,289,775$1,206,418▼ $83,357
Total Liabilities and Net Assets / Fund Balance$1,289,775$1,206,418▼ $83,357

Asset Categories

AssetBook ValueDepreciationBasis
Land$100,250-$100,250
Buildings$4,839$92,657$97,496
Equipment-$13,503$13,503
Other Land Buildings-$9,170$9,170
Other Securities$26,038--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
John P GracePresident
Tiffany GuyDirector
Phoebe GraceSecretary
Wesley RolandTreasurer
Jennifer RatterreeVice Preside
Clarence RichterVP - Scholar
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-20,486
Other Revenue
$0
Change in Net Assets
$-83,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,496
Grants and Similar Amounts Paid$13,375
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$23,945-$23,945
Grants to Domestic Individuals$13,375--$13,375
Depreciation Depletion$6,154--$6,154
Insurance$3,574--$3,574
Fees for Services Accounting-$3,160-$3,160
Other Expenses$500--$500
All Other Expenses$260$84-$344
Total Functional Expenses$35,682$27,189$0$62,871
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
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
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
Yes
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 2

“John p grace phoebe grace president vp spouse john p grace jennifer ratterree president vp parent clarence richter tiffany guy vp-sch director parent”

Form 990, Page 6, Part VI, Line 6

“The organization has 2 members: john p grace and phoebe grace”

Form 990, Page 6, Part VI, Line 7A

“The 2 members of the organization elect the board of directors on an annual basis.”

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

“A copy of the form 990 is forwarded to all director's that are required to review.”

Form 990, Page 6, Part VI, Line 19

“The governing documents and financial statements are available to the public upon written request by mail.”

Filing and Contact Details

Filer

Filer Name
We Grace Foundation
EIN
75-6012546
Phone
8173325256
Address
208 RIVER TRAIL COURT, WESTWORTH VILLAGE, TX 76114-3537

Signing Officer

Name
John P Grace
Title
President
Phone
8173325256
Signed
2023-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John P Grace
Formed
1975
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Burgher Tax Services LLC
Address
2501 RIDGMAR PLZ, FORT WORTH, TX 76116
Preparer
Bedford Burgher
Phone
8173325256
Raw XML Appendix338 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SCHOLARSHIP PROGRAMS TO SUPPLEMENT F.F.A. PROGRAM AT LAKE WHITNEY HIGH SCHOOL
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt084
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0260
IRS990/AllOtherExpensesGrp/TotalAmt0344
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/PersonNm0JOHN GRACE
IRS990/BooksInCareOfDetail/PhoneNum08173325256
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 108
IRS990/BooksInCareOfDetail/USAddress/CityNm0FORT WORTH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076101
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt025655
IRS990/CashNonInterestBearingGrp/EOYAmt03220
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt013375
IRS990/CYInvestmentIncomeAmt0-20486
IRS990/CYOtherExpensesAmt049496
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-83357
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt062871
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-20486
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06154
IRS990/DepreciationDepletionGrp/TotalAmt06154
IRS990/Desc0SCHOLARSHIPS TO VARIOUS SECONDARY SCHOOLS - 13,375
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt013375
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03160
IRS990/FeesForServicesAccountingGrp/TotalAmt03160
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt023945
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt023945
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN P GRACE
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER RATTERREE
IRS990/Form990PartVIISectionAGrp/PersonNm2CLARENCE RICHTER
IRS990/Form990PartVIISectionAGrp/PersonNm3PHOEBE GRACE
IRS990/Form990PartVIISectionAGrp/PersonNm4WESLEY ROLAND
IRS990/Form990PartVIISectionAGrp/PersonNm5TIFFANY GUY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP - SCHOLAR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt050
IRS990/GainOrLossGrp/SecuritiesAmt0-61711
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt013375
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt013375
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt013375
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt050
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0313566
IRS990/GrossReceiptsAmt0354791
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03574
IRS990/InsuranceGrp/TotalAmt03574
IRS990/InvestmentIncomeGrp/ExclusionAmt041175
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt041175
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01147637
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01022946
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0115330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0106493
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0105089
IRS990/LandBldgEquipCostOrOtherBssAmt0220419
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0375277
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE SUPPORT TO WHITNEY HIGH SCHOOL OF THE WHITNEY INDEPENDENT SCHOOL DISTRICT FOR SCHOLARSHIPS TO ENCOURAGE STUDENT PARTICIPATION IN THE FUTURE FARMERS OF AMERICA PROGRAM
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01289775
IRS990/NetAssetsOrFundBalancesEOYAmt01206418
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt050
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-61711
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-61661
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt06513
IRS990/OtherExpensesGrp/ProgramServicesAmt14611
IRS990/OtherExpensesGrp/ProgramServicesAmt2695
IRS990/OtherExpensesGrp/ProgramServicesAmt3500
IRS990/OtherExpensesGrp/TotalAmt06513
IRS990/OtherExpensesGrp/TotalAmt14611
IRS990/OtherExpensesGrp/TotalAmt2695
IRS990/OtherExpensesGrp/TotalAmt3500
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN P GRACE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0EXPENSES OF OPERATING SCHOOL
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022307
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt010075
IRS990/PYInvestmentIncomeAmt0168770
IRS990/PYOtherExpensesAmt058916
IRS990/PYRevenuesLessExpensesAmt099779
IRS990/PYTotalExpensesAmt068991
IRS990/PYTotalRevenueAmt0168770
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-83357
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01289775
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01206418
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09990
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075163
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04839
IRS990ScheduleD/BuildingsGrp/DepreciationAmt092657
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt097496
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013503
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013503
IRS990ScheduleD/LandGrp/BookValueAmt0100250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100250
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09170
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09170
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0503918
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1492990
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt226038
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1COMMON STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc2REAL ESTATE INVESTMENT TRUSTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0105089
IRS990ScheduleD/TotalBookValueSecuritiesAmt01022946
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THROUGH THE SCHOOL AUTHORITIES ADMINISTERING THE PROGRAM AND VIA PROGRAM MATERIALS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt013375
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN P GRACE PHOEBE GRACE PRESIDENT VP SPOUSE JOHN P GRACE JENNIFER RATTERREE PRESIDENT VP PARENT CLARENCE RICHTER TIFFANY GUY VP-SCH DIRECTOR PARENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS 2 MEMBERS: JOHN P GRACE AND PHOEBE GRACE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 2 MEMBERS OF THE ORGANIZATION ELECT THE BOARD OF DIRECTORS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS FORWARDED TO ALL DIRECTOR'S THAT ARE REQUIRED TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST BY MAIL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01289775
IRS990/TotalAssetsEOYAmt01206418
IRS990/TotalAssetsGrp/BOYAmt01289775
IRS990/TotalAssetsGrp/EOYAmt01206418
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027189
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt035682
IRS990/TotalFunctionalExpensesGrp/TotalAmt062871
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01289775
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01206418
IRS990/TotalProgramServiceExpensesAmt035682
IRS990/TotalRevenueGrp/ExclusionAmt041225
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-61711
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-20486
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01289775
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01206418
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0208 RIVER TRAIL COURT
IRS990/USAddress/CityNm0WESTWORTH VILLAGE
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0761143537
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN P GRACE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08173325256
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WE GRACE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WEGR
ReturnHeader/Filer/EIN0756012546
ReturnHeader/Filer/PhoneNum08173325256
ReturnHeader/Filer/USAddress/AddressLine1Txt0208 RIVER TRAIL COURT
ReturnHeader/Filer/USAddress/CityNm0WESTWORTH VILLAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0761143537
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0815334664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURGHER TAX SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02501 RIDGMAR PLZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076116
ReturnHeader/PreparerPersonGrp/PhoneNum08173325256
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BEDFORD BURGHER
ReturnHeader/ReturnTs02023-03-01T15:03:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRACE
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,206,418
Liabilities
$0
Net assets
$1,206,418
Revenue
-$20,486
Expenses
$62,871
Net income
-$83,357
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.05$0.07$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.05$0.08$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.02$0.06$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.17$0.07$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.03$0.07$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.10$0.08$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.14$0.07$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.09$0.08$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.07$0.07$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.11$0.07$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.06$0.07$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.07$0.06$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$0.07