Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Sovereign Grace Church Inc.
EIN 82-1682548 • 501(c)3 • Great Falls, MT
Pub. 78 Eligible990-N Coverage
Profile
Sovereign Grace Church is a Christian church organized as a not-for-profit religious corporation in the State of Montana. The church is engaged in worship activities and follows the historical code of doctrine for Baptist Churches. Its doctrinal basis of faith and practise is similar to Baptist fellowships who trace their lineage back to particular Baptist congregations in England at the beginning of the 17th century. It maintains a membership roll and members primarily are responsible for financing activities and maintaining church assets.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Balance Sheet
Assets
Down$40,318
Down $3,632 (-8.3%) from 2016
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$40,318
Down $3,632 (-8.3%) from 2016
Revenue
Down$46,663
Down $571 (-1.2%) from 2016
Expenses
Up$50,295
Up $37,046 (+280%) from 2016
Net Income
Down-$3,632
Down $37,617 (-111%) from 2016
Trend Graphs
Filings
Most recent year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $40,318
- Liabilities
- -
- Net assets
- $40,318
- Revenue
- $46,663
- Expenses
- $50,295
- Net income
- -$3,632
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Jul 2, 2018
- Return Version
- 2017v2.2
- Gross Receipts
- $46,663
Mission and Program Overview
Mission
Sovereign Grace Church is a Christian church organized as a not-for-profit religious corporation in the State of Montana. The church is engaged in worship activities and follows the historical code of doctrine for Baptist Churches. Its doctrinal basis of faith and practise is similar to Baptist fellowships who trace their lineage back to particular Baptist congregations in England at the beginning of the 17th century. It maintains a membership roll and members primarily are responsible for financing activities and maintaining church assets.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Sovereign Grace Church, Inc., is a newly formed Christian church in Great Falls, Montana. Our church has an average weekly service attendance of 30 and we have approximately 24 members. Many of our members belonged to New Covenant Baptist Church, which struggled after the death in 2014 of Pastor John Mitchell, who served the church for over 40 years. In 2016, those members became interested in reviving the church, and they set upon forming a new legal entity and searching for a pastor to lead us, as well as gathering the funding to support a new pastor. Our call to ministry was answered by Pastor Peter Meney, who is a citizen of the United Kingdom of Great Britain and Northern Ireland (UK). Pastor Meney and his wife have begun the process of transitioning their life from UK to Montana, USA,and we are in process of securing an R-1 Religious Worker Visa for him to join us in ministry as our pastor. Our church is eagerly awaiting spiritual guidance and support until Pastor Meney can live, work, and worship, with us in Montana.New Covenant Baptist Church gifted its assets to Sovereign Grace Church in full, and this is the financial activity reported in this return. As a church, we are not obligated to file an annual 990 return. We have chosen to do so this year in order to document the transition and provide further evidence of support for our new pastor.Foreign Activities: In 2016, our church deacons voted to support New Focus Magazine, a Christian ministry in the UK and online to the world. Pastor Meney is co-founder and editor of New Focus. Our Visa sponsorship effort is taking longer than we ever anticipated, so we feel such gifts are an appropriate way to directly support our Christian ministry and indirectly assist Pastor Meney as he uproots his life in the UK to eventually serve as pastor of our church. At the end of 2016, our deacons pledged $24,000 to New Focus.This pledge was paid in early 2017 and is reflected in in the schedule of functional expenses, along with an additional gift in 2017 of $2,000. Recipient Mailing Address is currently: New Focus Magazine / GO Publications, c/o Gibb Hill Farm, Ponsonby, Seascale, Cumbria, CA20 1BX, UNITED KINGDOM. Or online: www.go-newfocus.co.uk | $50,048 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LARRY DAMMEN | Treasurer | PT | $0 | - | - |
| TIMOTHY HUFFMAN | Secretary | PT | $0 | - | - |
| PETER MENEY | President | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sovereign Grace Church Inc
- EIN
- 82-1682548
- Phone
- 4064673211
- Address
- 1000 7TH AVE S, GREAT FALLS, MT 59405
Signing Officer
- Name
- Larry Dammen
- Title
- Treasurer
- Signed
- 2018-07-02
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Gary Kasper & Company Inc
- Address
- 324 Central Ave Box 308, Fairfield, MT 59436
- Preparer
- Kelly McInerney CPA
- Phone
- 4064672410
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $1985”
Other Expenses.1009
“Depreciation $247”
Other Expenses.1012
“Insurance $1080”
Other Expenses.1
“Missions and contributions $26000”
Other Expenses.2
“Pulpit Supply $12500”
Other Assets.1002
“Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $5281”
Raw XML Appendix119 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/BooksInCareOfDetail/PhoneNum | 0 | 4064673211 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 220 5TH LANE NE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FAIRFIELD |
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| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 59436 |
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| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 5281 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 41812 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Sovereign Grace Church is a Christian church organized as a not-for-profit religious corporation in the State of Montana. The church is engaged in worship activities and follows the historical code of doctrine for Baptist Churches. Its doctrinal basis of faith and practise is similar to Baptist fellowships who trace their lineage back to particular Baptist congregations in England at the beginning of the 17th century. It maintains a membership roll and members primarily are responsible for financing activities and maintaining church assets. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Sovereign Grace Church, Inc., is a newly formed Christian church in Great Falls, Montana. Our church has an average weekly service attendance of 30 and we have approximately 24 members. Many of our members belonged to New Covenant Baptist Church, which struggled after the death in 2014 of Pastor John Mitchell, who served the church for over 40 years. In 2016, those members became interested in reviving the church, and they set upon forming a new legal entity and searching for a pastor to lead us, as well as gathering the funding to support a new pastor. Our call to ministry was answered by Pastor Peter Meney, who is a citizen of the United Kingdom of Great Britain and Northern Ireland (UK). Pastor Meney and his wife have begun the process of transitioning their life from UK to Montana, USA,and we are in process of securing an R-1 Religious Worker Visa for him to join us in ministry as our pastor. Our church is eagerly awaiting spiritual guidance and support until Pastor Meney can live, work, and worship, with us in Montana.New Covenant Baptist Church gifted its assets to Sovereign Grace Church in full, and this is the financial activity reported in this return. As a church, we are not obligated to file an annual 990 return. We have chosen to do so this year in order to document the transition and provide further evidence of support for our new pastor.Foreign Activities: In 2016, our church deacons voted to support New Focus Magazine, a Christian ministry in the UK and online to the world. Pastor Meney is co-founder and editor of New Focus. Our Visa sponsorship effort is taking longer than we ever anticipated, so we feel such gifts are an appropriate way to directly support our Christian ministry and indirectly assist Pastor Meney as he uproots his life in the UK to eventually serve as pastor of our church. At the end of 2016, our deacons pledged $24,000 to New Focus.This pledge was paid in early 2017 and is reflected in in the schedule of functional expenses, along with an additional gift in 2017 of $2,000. Recipient Mailing Address is currently: New Focus Magazine / GO Publications, c/o Gibb Hill Farm, Ponsonby, Seascale, Cumbria, CA20 1BX, UNITED KINGDOM. Or online: www.go-newfocus.co.uk |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 50048 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
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| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
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| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $1985 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Depreciation $247 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $1080 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Missions and contributions $26000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Pulpit Supply $12500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $5281 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Assets.1002 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LARRY DAMMEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-07-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SOVEREIGN GRACE CHURCH INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOVE |
| ReturnHeader/Filer/EIN | 0 | 821682548 |
| ReturnHeader/Filer/PhoneNum | 0 | 4064673211 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1000 7TH AVE S |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GREAT FALLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 59405 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 810529486 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Gary Kasper & Company Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 324 Central Ave Box 308 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Fairfield |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 59436 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4064672410 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Kelly McInerney CPA |
| ReturnHeader/ReturnTs | 0 | 2018-07-02T15:58:03-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.