Civic Intelligence

Global Grace Foundation Inc

EIN 81-2118816 • 501(c)3 • Moorpark, CA

Profile

Global grace foundation's mission is to proclaim the gospel of christ and the beliefs of the evangelical christian faith to insprie in all persons the love that christ has for them. Global grace foundation will provide spiritual based conferences in turkey, philippines, dubai, azerbaijan, tajestekan, turkmenistan, georgia, and armenia. This program is geared towards recent converts to christianit. Typical conferences will include a time for baptism and presentations on faith based subjects. Vounteers of the organization will travel to these countries approximately twice a year for a few weeks at a time to facilitate these conferences. The organization will not charge a fee for these services. Participation will be on a first come, first serve basis as venue capacity allows. All meetings will be held at community centers, churches, and/or hotel. Global grace foundation will also develop christian classes and evangelical messages that will be broadcasted on their website and local televi

530 New Los Angeles Ave 115-374Moorpark, CA 91320

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

16th percentile

-42%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

46th percentile

-4.5%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

26th percentile

-32%

Faster revenue growth than 26% of similar nonprofits.

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

Assets

Down

$202,316

Down $9,431 (-4.5%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$202,316

Down $9,431 (-4.5%) from 2022

Revenue

Down

$22,594

Down $10,512 (-32%) from 2022

Expenses

Down

$32,025

Down $20,217 (-39%) from 2022

Net Income

Up

-$9,431

Up $9,705 (+51%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2016: $16,507Net Assets 2016: $16,5072016Assets 2017: $12,543Net Assets 2017: $12,5432017Assets 2018: $17,167Net Assets 2018: $17,1672018Assets 2019: $132,406Net Assets 2019: $132,4062019Assets 2020: $221,725Liabilities 2020: $0Net Assets 2020: $221,7252020Assets 2021: $230,883Net Assets 2021: $230,8832021Assets 2022: $211,747Net Assets 2022: $211,7472022Assets 2023: $202,316Net Assets 2023: $202,3162023

Highlighted filing

2023

Assets$202,316
Liabilities-
Net Assets$202,316

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2016: $31,500Expenses 2016: $14,993Net Income 2016: $16,5072016Revenue 2017: $38,300Expenses 2017: $42,264Net Income 2017: -$3,9642017Revenue 2018: $41,791Expenses 2018: $37,167Net Income 2018: $4,6242018Revenue 2019: $138,500Expenses 2019: $23,261Net Income 2019: $115,2392019Revenue 2020: $125,048Expenses 2020: $35,729Net Income 2020: $89,3192020Revenue 2021: $70,248Expenses 2021: $38,498Net Income 2021: $31,7502021Revenue 2022: $33,106Expenses 2022: $52,242Net Income 2022: -$19,1362022Revenue 2023: $22,594Expenses 2023: $32,025Net Income 2023: -$9,4312023

Highlighted filing

2023

Revenue$22,594
Expenses$32,025
Net Income-$9,431

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 2, 2024
Return Version
2023v5.0
Gross Receipts
$22,594
Mission and Program Overview

Mission

Evangelize The Gospel of Jesus Christ

Global grace foundation's mission is to proclaim the gospel of christ and the beliefs of the evangelical christian faith to insprie in all persons the love that christ has for them. Global grace foundation will provide spiritual based conferences in turkey, philippines, dubai, azerbaijan, tajestekan, turkmenistan, georgia, and armenia. This program is geared towards recent converts to christianit. Typical conferences will include a time for baptism and presentations on faith based subjects. Vounteers of the organization will travel to these countries approximately twice a year for a few weeks at a time to facilitate these conferences. The organization will not charge a fee for these services. Participation will be on a first come, first serve basis as venue capacity allows. All meetings will be held at community centers, churches, and/or hotel. Global grace foundation will also develop christian classes and evangelical messages that will be broadcasted on their website and local televi

Program Services

DescriptionGrantsExpenses
GLOBAL GRACE FOUNDATION PROCLAIMED THE GOSPEL OF CHRIST AND THE BELIEFS OF THE EVANGELICAL CHRISTIAN FAITH TO INSPIRE ALL PERSONS THE LOVE THAT CHRIST HAS FOR THEM.-$29,983
GLOBAL GRACE FOUNDATION PROCLAIMED THE GOSPEL OF CHRIST AND THE BELIEFS OF THE EVANGELICAL CHRISTIAN FAITH TO INSPIRE ALL PERSONS THE LOVE THAT CHRIST HAS FOR THEM.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK GOLASTANICEOPT$0--
JIRIK ZADOURICFOPT$0--
SUZAN SACKETSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Global Grace Foundation Inc
EIN
81-2118816
Phone
7472009020
Address
530 NEW LOS ANGELES AVE 115-374, MOORPARK, CA 91320

Signing Officer

Name
Jirik Zadouri
Title
CFO
Phone
7472009020
Signed
2024-07-02
Discuss with paid preparer
Yes

Preparer

Firm
Theresa Gordon Tax Services Inc
Address
22428 13TH ST, NEWHALL, CA 91321
Preparer
Theresa Gordon Ea
Phone
8057919975
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses rent 13,512 supplies 239 office internet 767 phone magic jack 443 canva 156 administrative reimbursement 500 petty cash office needs 176 travel 5,652 meetings 150 bank and wire fees 100 donations to organization 9,880 total 31,575

Form 990-ez, Part III

Global grace foundation's mission is to proclaim the gospel of christ and the beliefs of the evangelical christian faith to insprie in all persons the love that christ has for them. Global grace foundation will provide spiritual based conferences in turkey, philippines, dubai, azerbaijan, tajestekan, turkmenistan, georgia, and armenia. This program is geared towards recent converts to christianit. Typical conferences will include a time for baptism and presentations on faith based subjects. Vounteers of the organization will travel to these countries approximately twice a year for a few weeks at a time to facilitate these conferences. The organization will not charge a fee for these services. Participation will be on a first come, first serve basis as venue capacity allows. All meetings will be held at community centers, churches, and/or hotel. Global grace foundation will also develop christian classes and evangelical messages that will be broadcasted on their website and local television channels. The organization will contract experienced religious leaders to film a series of christian based videos that will educate and encourage the viewers in their faith. The organization will create a minimum of five hours of material per month. The organization will purchase airtime on television channels to broadcast our original materials. The organization will not charge a fee for viewers to access our videos. Global grace foundation will market its programs through websites, television, newspapers, radio, and word of mouth.

Form 990-ez, Part III, Line 31

Global grace foundation proclaimed the gospel of christ and the beliefs of the evangelical christian faith to inspire all persons the love that christ has for them.

Raw XML Appendix114 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/PrimaryExemptPurposeTxt0GLOBAL GRACE FOUNDATION'S MISSION IS TO PROCLAIM THE GOSPEL OF CHRIST AND THE BELIEFS OF THE EVANGELICAL CHRISTIAN FAITH TO INSPRIE IN ALL PERSONS THE LOVE THAT CHRIST HAS FOR THEM. GLOBAL GRACE FOUNDATION WILL PROVIDE SPIRITUAL BASED CONFERENCES IN TURKEY, PHILIPPINES, DUBAI, AZERBAIJAN, TAJESTEKAN, TURKMENISTAN, GEORGIA, AND ARMENIA. THIS PROGRAM IS GEARED TOWARDS RECENT CONVERTS TO CHRISTIANIT. TYPICAL CONFERENCES WILL INCLUDE A TIME FOR BAPTISM AND PRESENTATIONS ON FAITH BASED SUBJECTS. VOUNTEERS OF THE ORGANIZATION WILL TRAVEL TO THESE COUNTRIES APPROXIMATELY TWICE A YEAR FOR A FEW WEEKS AT A TIME TO FACILITATE THESE CONFERENCES. THE ORGANIZATION WILL NOT CHARGE A FEE FOR THESE SERVICES. PARTICIPATION WILL BE ON A FIRST COME, FIRST SERVE BASIS AS VENUE CAPACITY ALLOWS. ALL MEETINGS WILL BE HELD AT COMMUNITY CENTERS, CHURCHES, AND/OR HOTEL. GLOBAL GRACE FOUNDATION WILL ALSO DEVELOP CHRISTIAN CLASSES AND EVANGELICAL MESSAGES THAT WILL BE BROADCASTED ON THEIR WEBSITE AND LOCAL TELEVI
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES RENT 13,512 SUPPLIES 239 OFFICE INTERNET 767 PHONE MAGIC JACK 443 CANVA 156 ADMINISTRATIVE REIMBURSEMENT 500 PETTY CASH OFFICE NEEDS 176 TRAVEL 5,652 MEETINGS 150 BANK AND WIRE FEES 100 DONATIONS TO ORGANIZATION 9,880 TOTAL 31,575
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GLOBAL GRACE FOUNDATION'S MISSION IS TO PROCLAIM THE GOSPEL OF CHRIST AND THE BELIEFS OF THE EVANGELICAL CHRISTIAN FAITH TO INSPRIE IN ALL PERSONS THE LOVE THAT CHRIST HAS FOR THEM. GLOBAL GRACE FOUNDATION WILL PROVIDE SPIRITUAL BASED CONFERENCES IN TURKEY, PHILIPPINES, DUBAI, AZERBAIJAN, TAJESTEKAN, TURKMENISTAN, GEORGIA, AND ARMENIA. THIS PROGRAM IS GEARED TOWARDS RECENT CONVERTS TO CHRISTIANIT. TYPICAL CONFERENCES WILL INCLUDE A TIME FOR BAPTISM AND PRESENTATIONS ON FAITH BASED SUBJECTS. VOUNTEERS OF THE ORGANIZATION WILL TRAVEL TO THESE COUNTRIES APPROXIMATELY TWICE A YEAR FOR A FEW WEEKS AT A TIME TO FACILITATE THESE CONFERENCES. THE ORGANIZATION WILL NOT CHARGE A FEE FOR THESE SERVICES. PARTICIPATION WILL BE ON A FIRST COME, FIRST SERVE BASIS AS VENUE CAPACITY ALLOWS. ALL MEETINGS WILL BE HELD AT COMMUNITY CENTERS, CHURCHES, AND/OR HOTEL. GLOBAL GRACE FOUNDATION WILL ALSO DEVELOP CHRISTIAN CLASSES AND EVANGELICAL MESSAGES THAT WILL BE BROADCASTED ON THEIR WEBSITE AND LOCAL TELEVISION CHANNELS. THE ORGANIZATION WILL CONTRACT EXPERIENCED RELIGIOUS LEADERS TO FILM A SERIES OF CHRISTIAN BASED VIDEOS THAT WILL EDUCATE AND ENCOURAGE THE VIEWERS IN THEIR FAITH. THE ORGANIZATION WILL CREATE A MINIMUM OF FIVE HOURS OF MATERIAL PER MONTH. THE ORGANIZATION WILL PURCHASE AIRTIME ON TELEVISION CHANNELS TO BROADCAST OUR ORIGINAL MATERIALS. THE ORGANIZATION WILL NOT CHARGE A FEE FOR VIEWERS TO ACCESS OUR VIDEOS. GLOBAL GRACE FOUNDATION WILL MARKET ITS PROGRAMS THROUGH WEBSITES, TELEVISION, NEWSPAPERS, RADIO, AND WORD OF MOUTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GLOBAL GRACE FOUNDATION PROCLAIMED THE GOSPEL OF CHRIST AND THE BELIEFS OF THE EVANGELICAL CHRISTIAN FAITH TO INSPIRE ALL PERSONS THE LOVE THAT CHRIST HAS FOR THEM.
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