Civic Intelligence

Grace Ministries of Henderson Nc

EIN 82-0990237 • 501(c)3 • Henderson, NC

Profile

A Faith-based Community Outreach Program

PO Box 316Henderson, NC 27536-5353

www.graceministriesofhenderson.org

Siviq Scores

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

Liabilities / Assets

88th percentile

0.76x

Higher debt load relative to assets than 88% of similar nonprofits.

NTEE F • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

1.10x

Higher debt load relative to revenue than 95% of similar nonprofits.

NTEE F • <$500k nonprofits • Source year 2024

Net Margin

74th percentile

35%

Higher net margin than 74% of similar nonprofits.

NTEE F • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$28,600

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 22.1% of source-year revenue.

NTEE F • <$500k nonprofits • Source year 2024

Asset Growth

18th percentile

-45%

Faster asset growth than 18% of similar nonprofits.

NTEE F • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-29%

Faster revenue growth than 23% of similar nonprofits.

NTEE F • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$187,349

Down $154,587 (-45%) from 2023

Liabilities

Up

$143,074

Up $2,246 (+1.6%) from 2023

Net Assets

Down

$44,275

Down $156,833 (-78%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin74th percentile

Revenue

Down

$129,505

Down $52,813 (-29%) from 2023

Expenses

Down

$84,706

Down $22,183 (-21%) from 2023

Net Income

Down

$44,799

Down $30,630 (-41%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$400K$300K$200K$100K$0Assets 2021: $234,827Liabilities 2021: $157,008Net Assets 2021: $77,8192021Assets 2023: $341,936Liabilities 2023: $140,828Net Assets 2023: $201,1082023Assets 2024: $187,349Liabilities 2024: $143,074Net Assets 2024: $44,2752024

Highlighted filing

2024

Assets$187,349
Liabilities$143,074
Net Assets$44,275
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2021: $88,118Expenses 2021: $93,055Net Income 2021: -$4,9372021Revenue 2023: $182,318Expenses 2023: $106,889Net Income 2023: $75,4292023Revenue 2024: $129,505Expenses 2024: $84,706Net Income 2024: $44,7992024

Highlighted filing

2024

Revenue$129,505
Expenses$84,706
Net Income$44,799
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$187,349
Liabilities
$143,074
Net assets
$44,275
Revenue
$129,505
Expenses
$84,706
Net income
$44,799
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.87$1.43$0.44$1.30$0.85$0.45
2023Detailed filing. Detailed filing data is available for this year.$3.42$1.41$2.01$1.82$1.07$0.75
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$1.57$0.78$0.88$0.93$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 16, 2025
Return Version
2024v5.1
Gross Receipts
$136,213
Mission and Program Overview

Mission

A faith-based community outreach program

Program Services

DescriptionGrantsExpenses
Back to School Drive$0$5,100
Thanksgiving Community Dinner$0$3,965
Christmas Toy Drive$0$2,012
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie ElliottPastor Director Board MemberFT$28,600-$28,600
Bobby WestAsst DirectorPT$0--
Frances FieldsSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Grace Ministries of Henderson Nc
EIN
82-0990237
Address
PO Box 316, Henderson, NC 27536-5353

Signing Officer

Name
Jamie Elliott
Title
Director
Signed
2025-09-16
Discuss with paid preparer
Yes

Preparer

Firm
Vance Financial Services Inc
Address
124 W YOUNG AVE, HENDERSON, NC 27536
Preparer
Jessica Gaster
Phone
2524383115
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Interest Expense on Note, $6820| Insurance, $5728|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Note on Property, $140090, $129890| Real Estate Loan, $17292, $13184|”

Raw XML Appendix125 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Frances Fields
IRS990EZ/BooksInCareOfDetail/PhoneNum02522135106
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt085 Crowder Court
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Henderson
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027537
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016858
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047349
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0134491
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt044799
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01244
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0156858
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0187349
IRS990EZ/FundraisingGrossIncomeAmt01722
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0136213
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0140000
IRS990EZ/LandAndBuildingsGrp/EOYAmt0140000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-524
IRS990EZ/NetAssetsOrFundBalancesEOYAmt044275
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-524
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt044275
IRS990EZ/OccupancyRentUtltsAndMaintAmt037668
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt028600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jamie Elliott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Bobby West
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Frances Fields
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pastor Director Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Asst Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012548
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0A Faith-based Community Outreach Program
IRS990EZ/PrintingPublicationsPostageAmt02458
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Christmas Toy Drive
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Back to School Drive
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Thanksgiving Community Dinner
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02012
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt15100
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23965
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt030788
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt06708
IRS990EZ/SpecialEventsNetIncomeLossAmt0-4986
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0157382
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0143074
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt084706
IRS990EZ/TotalProgramServiceExpensesAmt011077
IRS990EZ/TotalRevenueAmt0129505
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.graceministriesofhenderson.org
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Interest Expense on Note, $6820| Insurance, $5728|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Note on Property, $140090, $129890| Real Estate Loan, $17292, $13184|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jamie Elliott
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Grace Ministries of Henderson Nc
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0820990237
ReturnHeader/Filer/ForeignPhoneNum05222135106
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 316
ReturnHeader/Filer/USAddress/CityNm0Henderson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0275365353
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562093285
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Vance Financial Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0124 W YOUNG AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HENDERSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027536
ReturnHeader/PreparerPersonGrp/PhoneNum02524383115
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jessica Gaster
ReturnHeader/ReturnTs02025-09-16T12:52:01-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits