Civic Intelligence

Grace-Mar Services Inc.

990 • Fiscal year 2023 • EIN 80-0235887

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 15, 2024

Organization Profilewww.gracemar.org
615 E 6th Street Suite 116Charlotte, NC 28202

(704) 909-6041

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.51x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • NTEE P • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

1.55x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • NTEE P • $500k-$1M nonprofits • Source year 2023

Net Margin

4th percentile

-103%

Higher net margin than 4% of similar nonprofits.

2023 filings • NTEE P • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

78th percentile

$80,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 35.6% of source-year revenue.

2023 filings • NTEE P • $500k-$1M nonprofits • Source year 2023

Asset Growth

2nd percentile

-70%

Faster asset growth than 2% of similar nonprofits.

2023 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-62%

Faster revenue growth than 4% of similar nonprofits.

2023 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Flat

$681,337

Flat from 2023

Net Assets

Flat

$332,969

Flat from 2023

Liabilities

Flat

$348,368

Flat from 2023

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin4th percentile

Revenue

Flat

$224,988

Flat from 2023

Expenses

Flat

$457,758

Flat from 2023

Net Income

Flat

-$232,770

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $1,521Liabilities 2012: $02012Assets 2013: $596Liabilities 2013: $02013Assets 2014: $2,706Liabilities 2014: $0Net Assets 2014: $2,7062014Assets 2015: $6,715Liabilities 2015: $89,358Net Assets 2015: -$82,6432015Assets 2016: $123,770Liabilities 2016: $58,218Net Assets 2016: $65,5522016Assets 2017: $91,424Liabilities 2017: $34,366Net Assets 2017: $57,0582017Assets 2018: $90,652Liabilities 2018: $27,399Net Assets 2018: $63,2532018Assets 2019: $104,258Liabilities 2019: $65,886Net Assets 2019: $38,3722019Assets 2020: $1,536,970Liabilities 2020: $0Net Assets 2020: $1,536,9702020Assets 2021: $1,690,253Liabilities 2021: $0Net Assets 2021: $1,690,2532021Assets 2022: $2,289,768Liabilities 2022: $0Net Assets 2022: $2,289,7682022Assets 2023: $681,337Liabilities 2023: $348,368Net Assets 2023: $332,9692023Assets 2023: $681,337Liabilities 2023: $348,368Net Assets 2023: $332,9692023Assets 2024: $471,978Liabilities 2024: $0Net Assets 2024: $471,9782024

Highlighted filing

2023

Assets$681,337
Liabilities$348,368
Net Assets$332,969
Open 2023 Filing

Operations Trend

Revenue Growth4th percentile

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

$1.0M$500K$0-$500KRevenue 2012: $24,988Expenses 2012: $18,472Net Income 2012: $6,5162012Revenue 2013: $75,073Expenses 2013: $74,477Net Income 2013: $5962013Revenue 2014: $309,984Expenses 2014: $307,724Net Income 2014: $2,2602014Revenue 2015: $412,692Expenses 2015: $498,041Net Income 2015: -$85,3492015Revenue 2016: $408,837Expenses 2016: $433,134Net Income 2016: -$24,2972016Revenue 2017: $370,794Expenses 2017: $379,288Net Income 2017: -$8,4942017Revenue 2018: $415,573Expenses 2018: $409,378Net Income 2018: $6,1952018Revenue 2019: $441,959Expenses 2019: $439,326Net Income 2019: $2,6332019Revenue 2020: $652,234Expenses 2020: $485,046Net Income 2020: $167,1882020Revenue 2021: $548,404Expenses 2021: $395,121Net Income 2021: $153,2832021Revenue 2022: $585,699Expenses 2022: $168,920Net Income 2022: $416,7792022Revenue 2023: $224,988Expenses 2023: $457,758Net Income 2023: -$232,7702023Revenue 2023: $224,988Expenses 2023: $457,758Net Income 2023: -$232,7702023Revenue 2024: $502,362Expenses 2024: $483,353Net Income 2024: $19,0092024

Highlighted filing

2023

Revenue$224,988
Expenses$457,758
Net Income-$232,770
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 15, 2024
Return Version
2023v5.0
Gross Receipts
$224,988
Mission and Program Overview

Mission

Grace Mar Services Inc provides social capital to low income individuals and families that helps them with social and economic mobility that leads to self sufficiency

Grace Mar Services Inc builds stronger more reslient communities of color using workforce development and minority business ownership as a catalyst.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$232,711$293,079▲ $60,368
Land, Buildings, and Equipment, Net$323,895$278,946▼ $44,949
Accounts Receivable$101,000$94,100▼ $6,900
Pledges and Grants Receivable$1,632,162$15,212▼ $1,616,950
Total Assets$2,289,768$681,337▼ $1,608,431
Liabilities
Grants Payable-$282,701-
Accounts Payable and Accrued Expenses-$65,667-
Total Liabilities$0$348,368▲ $348,368
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$599,515$320,248▼ $279,267
Net Assets With Donor Restrictions$1,690,253$12,721▼ $1,677,532
Total Net Assets Fund Balance$2,289,768$332,969▼ $1,956,799
Total Liabilities and Net Assets / Fund Balance$2,289,768$681,337▼ $1,608,431

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$241,782$29,087$0
Other Land Buildings$12,464$24,019$0
Land$24,700-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth SmithPresidentPT$40,000$40,000$80,000
Grace Blake SmithVice PresidentPT$45,000$26,000$71,000
Revenue and Support

Revenue Composition

Contributions and Grants
$224,988
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$200,008
Change in Net Assets
$-232,770
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$244,361
Other Expenses$213,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$170,742--$170,742
Current Officers, Directors, Trustees, and Key Employees-$62,500-$62,500
Fees for Services Accounting$48,089$12,533-$60,622
Occupancy-$22,593-$22,593
Depreciation Depletion-$16,651-$16,651
Advertising$15,080--$15,080
Payroll Taxes$7,840$2,929-$10,769
Insurance-$8,769-$8,769
All Other Expenses$7,532$656$0$8,188
Information Technology$4,740$1,737-$6,477
Office Expenses-$4,659-$4,659
Interest-$3,548-$3,548
Travel$2,449$587-$3,036
Other Expenses$0$2,847$0$2,847
Fees for Services Other-$2,610-$2,610
Other Employee Benefits-$350-$350
Fees for Services Legal-$265-$265
Total Functional Expenses$314,524$143,234$0$457,758
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
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Section A, Line 2

“Kenny Smith and Grace Smith are married.”

Form 990, Part VI, Section B, Line 11B

“The organization's financials are reviewed and explained by the board's treasurer.”

Form 990, Part VI, Section B, Line 12C

“Yes, our agency reviews the conflict of interest policy at every annual meeting. Our next annual meeting is scheduled for December 31, 2023.”

Form 990, Part VI, Section B, Line 15

“Our president's compensation was put in place in 2017 and has not change since that year.”

Form 990, Part VI, Section C, Line 19

“All of our documents are made available to the general public on request by contacting our offices by phone at 704-909-6041, email at [email protected] or by mail at PO Box 480323 Charlotte NC 28202”

Filing and Contact Details

Filer

Filer Name
Grace-mar Services Inc
EIN
80-0235887
Phone
7049096041
Address
615 E 6th Street Suite 116, Charlotte, NC 28202

Signing Officer

Name
Kenneth Smith
Title
Executive Director
Phone
7042313191
Signed
2024-10-15

Organization Details

Principal Officer
Kenneth Smith
Formed
2009
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
7
Raw XML Appendix384 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt065667
IRS990/AccountsReceivableGrp/BOYAmt0101000
IRS990/AccountsReceivableGrp/EOYAmt094100
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Grace Mar Services Inc builds stronger more reslient communities of color using workforce development and minority business ownership as a catalyst.
IRS990/AdvertisingGrp/ProgramServicesAmt015080
IRS990/AdvertisingGrp/TotalAmt015080
IRS990/AllOtherContributionsAmt0200008
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0656
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07532
IRS990/AllOtherExpensesGrp/TotalAmt08188
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Kenneth Smith
IRS990/BooksInCareOfDetail/PhoneNum07042313191
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0615 E 6th Street
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite 116
IRS990/BooksInCareOfDetail/USAddress/CityNm0Charlotte
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028202
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0232711
IRS990/CashNonInterestBearingGrp/EOYAmt0293079
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt062500
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt062500
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0170742
IRS990/CompDisqualPersonsGrp/TotalAmt0170742
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0224988
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0213397
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-232770
IRS990/CYSalariesCompEmpBnftPaidAmt0244361
IRS990/CYTotalExpensesAmt0457758
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0224988
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016651
IRS990/DepreciationDepletionGrp/TotalAmt016651
IRS990/Desc0We successfully completed the third year of the YouthBuild program. In addition, we added and upgraded our online training platform enabling our agency to train over 100 individuals along with our YouthBuild students in several areas including, Construction and Construction Maintenance, Generative AI, Microsoft Office Suites and Customer Service.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt048089
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01690253
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt012721
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0280759
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012533
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt048089
IRS990/FeesForServicesAccountingGrp/TotalAmt060622
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0265
IRS990/FeesForServicesLegalGrp/TotalAmt0265
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02610
IRS990/FeesForServicesOtherGrp/TotalAmt02610
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt030
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt030
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0Kenneth Smith
IRS990/Form990PartVIISectionAGrp/PersonNm1Grace Blake Smith
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt040000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt145000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt040000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt126000
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt024980
IRS990/GrantAmt0280759
IRS990/GrantsPayableGrp/EOYAmt0282701
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0224988
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01737
IRS990/InformationTechnologyGrp/ProgramServicesAmt04740
IRS990/InformationTechnologyGrp/TotalAmt06477
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08769
IRS990/InsuranceGrp/TotalAmt08769
IRS990/InterestGrp/ManagementAndGeneralAmt03548
IRS990/InterestGrp/TotalAmt03548
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt053106
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0323895
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0278946
IRS990/LandBldgEquipCostOrOtherBssAmt0332052
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Grace Mar builds stronger more resilient communities of color using workforce development and minority business ownership as a catalyst.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02289768
IRS990/NetAssetsOrFundBalancesEOYAmt0332969
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0599515
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0320248
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt022593
IRS990/OccupancyGrp/TotalAmt022593
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04659
IRS990/OfficeExpensesGrp/TotalAmt04659
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0350
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0350
IRS990/OtherExpensesGrp/Desc0Contract Labor and Stipends
IRS990/OtherExpensesGrp/Desc1Direct Program Costs
IRS990/OtherExpensesGrp/Desc2Bad Debt Expense
IRS990/OtherExpensesGrp/Desc3Repairs and Maintenance
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32847
IRS990/OtherExpensesGrp/ProgramServicesAmt032600
IRS990/OtherExpensesGrp/ProgramServicesAmt119452
IRS990/OtherExpensesGrp/ProgramServicesAmt26000
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt032600
IRS990/OtherExpensesGrp/TotalAmt119452
IRS990/OtherExpensesGrp/TotalAmt26000
IRS990/OtherExpensesGrp/TotalAmt32847
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02929
IRS990/PayrollTaxesGrp/ProgramServicesAmt07840
IRS990/PayrollTaxesGrp/TotalAmt010769
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01632162
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt015212
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Kenneth Smith
IRS990/PriorPeriodAdjustmentsAmt0-1772118
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0We successfully completed renovation on the YouthBuild home located at 322 Dare Drive Charlotte NC 28206 and had our first occupants to move into our transitional home for formerly incarcerated men.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt033765
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0successfully closed out YouthBuild program
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0585699
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0168920
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0416779
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0168920
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0585699
IRS990/ReconcilationRevenueExpnssAmt0-232770
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0280759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0224988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052899
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0514864
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0151870
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0994621
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0994621
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0224988
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt052899
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0514864
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0151870
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0994621
IRS990ScheduleA/TotalSupportAmt0994621
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0241782
IRS990ScheduleD/BuildingsGrp/DepreciationAmt029087
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0270869
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt024700
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt024700
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012464
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024019
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt036483
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0278946
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Kenny Smith and Grace Smith are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's financials are reviewed and explained by the board's treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Yes, our agency reviews the conflict of interest policy at every annual meeting. Our next annual meeting is scheduled for December 31, 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Our president's compensation was put in place in 2017 and has not change since that year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All of our documents are made available to the general public on request by contacting our offices by phone at 704-909-6041, email at [email protected] or by mail at PO Box 480323 Charlotte NC 28202
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02289768
IRS990/TotalAssetsEOYAmt0681337
IRS990/TotalAssetsGrp/BOYAmt02289768
IRS990/TotalAssetsGrp/EOYAmt0681337
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0224988
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0143234
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0314524
IRS990/TotalFunctionalExpensesGrp/TotalAmt0457758
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0348368
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0348368
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02289768
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0332969
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0314524
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt085000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0224988
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02289768
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0681337
IRS990/TotReportableCompRltdOrgAmt066000
IRS990/TravelGrp/ManagementAndGeneralAmt0587
IRS990/TravelGrp/ProgramServicesAmt02449
IRS990/TravelGrp/TotalAmt03036
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0615 E 6th Street Suite 116
IRS990/USAddress/CityNm0Charlotte
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028202
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.gracemar.org
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0We are not late in filing our report, we were granted an extension. Our new filing date is November 15th 2024 which will plan to meet.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kenneth Smith
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07042313191
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE-MAR SERVICES INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0800235887
ReturnHeader/Filer/PhoneNum07049096041
ReturnHeader/Filer/USAddress/AddressLine1Txt0615 E 6th Street Suite 116
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028202
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-11-13T05:39:46-07:00
ReturnHeader/ReturnTypeCd0990
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$681,337
Liabilities
$348,368
Net assets
$332,969
Revenue
$224,988
Expenses
$457,758
Net income
-$232,770
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$0.50$0.48$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.35$0.33$0.22$0.46$0.23
2023Summary only. Only limited summary data is available for this year.$0.68$0.35$0.33$0.22$0.46$0.23
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$0.59$0.17$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.00$1.69$0.55$0.40$0.15
2020Summary only. Only limited summary data is available for this year.$1.54$0.00$1.54$0.65$0.49$0.17
2019Summary only. Only limited summary data is available for this year.$0.10$0.07$0.04$0.44$0.44$0.00
2018Summary only. Only limited summary data is available for this year.$0.09$0.03$0.06$0.42$0.41$0.01
2017Summary only. Only limited summary data is available for this year.$0.09$0.03$0.06$0.37$0.38$0.01
2016Summary only. Only limited summary data is available for this year.$0.12$0.06$0.07$0.41$0.43$0.02
2015Summary only. Only limited summary data is available for this year.$0.01$0.09$0.08$0.41$0.50$0.09
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.31$0.31$0.00
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.08$0.07$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.02$0.02$0.01