Civic Intelligence

Grace Giving

EIN 81-4151186 • 501(c)3 • Arlington Heights, IL

Profile

Grace Giving corporation is organized to make distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code. The company primarily focuses on brain cancer research organizations.

523 S Princeton AveArlington Heights, IL 60005
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

83rd percentile

33%

Higher net margin than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

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 2019

Asset Growth

52nd percentile

-0.6%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

-10%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$39,884

Down $247 (-0.6%) from 2018

Liabilities

Down

$0

Down $10,000 (-100%) from 2018

Net Assets

Up

$39,884

Up $9,753 (+32%) from 2018

Revenue

Down

$29,953

Down $3,448 (-10%) from 2018

Expenses

Up

$20,200

Up $10,109 (+100%) from 2018

Net Income

Down

$9,753

Down $13,557 (-58%) from 2018

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2016: $1Liabilities 2016: $02016Assets 2017: $5,070Liabilities 2017: $0Net Assets 2017: $5,0702017Assets 2018: $40,131Liabilities 2018: $10,000Net Assets 2018: $30,1312018Assets 2019: $39,884Liabilities 2019: $0Net Assets 2019: $39,8842019

Highlighted filing

2019

Assets$39,884
Liabilities$0
Net Assets$39,884

Operations Trend

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

$40K$30K$20K$10K$0Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $20,200Expenses 2017: $15,130Net Income 2017: $5,0702017Revenue 2018: $33,401Expenses 2018: $10,091Net Income 2018: $23,3102018Revenue 2019: $29,953Expenses 2019: $20,200Net Income 2019: $9,7532019

Highlighted filing

2019

Revenue$29,953
Expenses$20,200
Net Income$9,753

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 5, 2020
Return Version
2019v5.0
Gross Receipts
$40,818
Mission and Program Overview

Mission

Grace Giving corporation is organized to make distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code. The company primarily focuses on brain cancer research organizations.

Program Services

DescriptionGrantsExpenses
Grace Giving granted $5,000 to the American Brain Tumor Association to help fund its mission and $15,000 to the Malnati Brain Tumor Institute. The distribution was from the proceeds from the annual trivia fundraiser.$20,000$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael DadayDirector And President-$0--
Dana McNicholasDirector-$0--
Mary Cavanaugh-OliverDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Grace Giving Annual Trivia$31,732$19,023$0$19,023
Total Events$31,732$19,023$10,865$8,158
Filing and Contact Details

Filer

Filer Name
Grace Giving
EIN
81-4151186
Phone
8472171496
Address
523 S Princeton Ave, Arlington Heights, IL 60005

Signing Officer

Name
Michael Daday
Title
President
Phone
8472171496
Signed
2020-07-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

$5,000 granted to the American Brain Tumor Association's as part of their 5k fundraising. Additional $15,000 granted to the Malnati Brain Tumor Institute for research

Form 990-EZ, Part I, Line 16

Annual state filing fees and bank fees

Form 990-EZ, Part II, Line 24

Down payment on rental space for fundraising event

Raw XML Appendix198 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/PoliticalCampaignActyInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$5,000 granted to the American Brain Tumor Association's as part of their 5k fundraising. Additional $15,000 granted to the Malnati Brain Tumor Institute for research
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annual state filing fees and bank fees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Down payment on rental space for fundraising event
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Daday
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08472171496
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-05
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ReturnHeader/Filer/EIN0814151186
ReturnHeader/Filer/PhoneNum08472171496
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ReturnHeader/Filer/USAddress/CityNm0Arlington Heights
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060005
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.51.147.238
ReturnHeader/ReturnTs02020-07-05T17:46:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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