Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Ken and Mabel Brace Foundation Inc
EIN 81-4247760 • 501(c)3 • Stoughton, MA
Profile
To support seventh day adventist elementary and secondary education in north america
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 33.8% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
39th percentile
Faster revenue growth than 39% of similar nonprofits.
Balance Sheet
Assets
Down$25,006
Down $6,388 (-20%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$25,006
Down $6,388 (-20%) from 2023
Revenue
Down$77,100
Down $12,000 (-13%) from 2023
Expenses
Down$93,982
Down $21,286 (-18%) from 2023
Net Income
Up-$16,882
Up $9,286 (+35%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $25,006
- Liabilities
- $0
- Net assets
- $25,006
- Revenue
- $77,100
- Expenses
- $93,982
- Net income
- -$16,882
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 5, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $77,100
Mission and Program Overview
Mission
To support seventh-day adventist elementary and secondary education in north america
To support seventh day adventist elementary and secondary education in north america
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Grants and similar Amounts Paid: Cedar Brook ($7,500), Bass Memorial School ($11,500), Caledonian Christian School ($7,500), North Star Christian School ($10,000), Emerald Coast Christian School ($5,000), Riverview Memorial School ($7,500), | $49,000 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WILLIAM BRACE | President/CEO/Secretary | PT | $26,029 | - | $26,029 |
| ANDREW O'GEARE | Executive Board Member | - | $0 | - | - |
| DR IHEANYI C EGBUTA | Executive Board Member | - | $0 | - | - |
| GRACE GUIDICE | Treasurer | - | $0 | - | - |
| MARIA SALMON SARGENT | Director | - | $0 | - | - |
| JOHN SNELL | Director | - | $0 | - | - |
| ROBERT HUNSAKER | Director | - | $0 | - | - |
| SCOTT SASSONE | Director | - | $0 | - | - |
| COURTNEY GROADACK | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Ken and Mabel Brace Foundation Inc
- EIN
- 81-4247760
- Phone
- 5085285160
- Address
- 14 Broadway, Stoughton, MA 02072
Signing Officer
- Name
- Bill Brace
- Title
- CEO
- Phone
- 7819105787
- Signed
- 2025-11-05
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10
“Pine Tree Academy $1,500, Foresdale Christian School $2,000, Riverview Memorial School $2,500, Bass Memorial School $11,500, Caledonian Christian School $7,500, Riverview Memorial School $7,500, Emerald Coast Christian School $5,000, Northstar School $10,000, Cedar Brook Christian School $7,500, Pine Tree Academy $2,500, Eastabrook Adventist School $3,500, Frontenact $1,700”
Form 990-EZ, Part I, Line 16
“Cash Apps $33, Teachers Awards $2,500, Paypall fees $88, Filing fees $35, Website Custodian fee $1,500, Web Host fee $397, Supplies $700”
Form 990-EZ, Part I, Line 20
“Certificate of Deposit $10,494”
Raw XML Appendix194 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 |
|---|---|---|
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| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 26029 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GRACE GUIDICE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6177718497 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 14 BROADWAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | STOUGHTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25006 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 77100 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -16882 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 31394 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 25006 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
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| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 77100 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
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| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
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| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 31394 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 25006 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 31394 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 25006 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WILLIAM BRACE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANDREW O'GEARE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DR IHEANYI C EGBUTA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | GRACE GUIDICE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MARIA SALMON SARGENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JOHN SNELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ROBERT HUNSAKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | SCOTT SASSONE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | COURTNEY GROADACK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/CEO/SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | EXECUTIVE BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | EXECUTIVE BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 10494 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5253 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SUPPORT SEVENTH DAY ADVENTIST ELEMENTARY AND SECONDARY EDUCATION IN NORTH AMERICA |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 0 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Grants and similar Amounts Paid: Cedar Brook ($7,500), Bass Memorial School ($11,500), Caledonian Christian School ($7,500), North Star Christian School ($10,000), Emerald Coast Christian School ($5,000), Riverview Memorial School ($7,500), |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 49000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 93982 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 77100 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | http://kmbracefoundation.com/ |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 77100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 89100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 97600 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 114558 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 110370 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 488728 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 488728 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 77100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 89100 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 488728 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 488728 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Pine Tree Academy $1,500, Foresdale Christian School $2,000, Riverview Memorial School $2,500, Bass Memorial School $11,500, Caledonian Christian School $7,500, Riverview Memorial School $7,500, Emerald Coast Christian School $5,000, Northstar School $10,000, Cedar Brook Christian School $7,500, Pine Tree Academy $2,500, Eastabrook Adventist School $3,500, Frontenact $1,700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Cash Apps $33, Teachers Awards $2,500, Paypall fees $88, Filing fees $35, Website Custodian fee $1,500, Web Host fee $397, Supplies $700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Certificate of Deposit $10,494 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 20 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | Filed an Extension on time. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Bill Brace |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7819105787 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KEN AND MABEL BRACE FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KENA |
| ReturnHeader/Filer/EIN | 0 | 814247760 |
| ReturnHeader/Filer/PhoneNum | 0 | 5085285160 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 14 Broadway |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Stoughton |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02072 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2025-11-06T18:33:18-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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