Civic Intelligence

Gracewater

990EZ • Fiscal year 2022 • EIN 82-4425191

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

1660 Highway 16 EYazoo City, MS 39194

(662) 571-8861

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

11th percentile

-43%

Higher net margin than 11% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

11th percentile

-44%

Faster asset growth than 11% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

14%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$97,205

Down $77,690 (-44%) from 2021

Net Assets

Down

$97,205

Down $77,690 (-44%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$180,420

Up $22,017 (+14%) from 2021

Expenses

Up

$258,110

Up $46,034 (+22%) from 2021

Net Income

Down

-$77,690

Down $24,017 (-45%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2018: $83,804Liabilities 2018: $0Net Assets 2018: $83,8042018Assets 2019: $190,030Liabilities 2019: $0Net Assets 2019: $190,0302019Assets 2020: $228,568Liabilities 2020: $0Net Assets 2020: $228,5682020Assets 2021: $174,895Liabilities 2021: $0Net Assets 2021: $174,8952021Assets 2022: $97,205Liabilities 2022: $0Net Assets 2022: $97,2052022Assets 2023: $53,395Liabilities 2023: $0Net Assets 2023: $53,3952023Assets 2024: $78,080Liabilities 2024: $0Net Assets 2024: $78,0802024

Highlighted filing

2022

Assets$97,205
Liabilities$0
Net Assets$97,205

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2018: $130,789Expenses 2018: $46,985Net Income 2018: $83,8042018Revenue 2019: $177,266Expenses 2019: $71,040Net Income 2019: $106,2262019Revenue 2020: $155,057Expenses 2020: $116,519Net Income 2020: $38,5382020Revenue 2021: $158,403Expenses 2021: $212,076Net Income 2021: -$53,6732021Revenue 2022: $180,420Expenses 2022: $258,110Net Income 2022: -$77,6902022Revenue 2023: $270,116Expenses 2023: $313,926Net Income 2023: -$43,8102023Revenue 2024: $441,973Expenses 2024: $417,288Net Income 2024: $24,6852024

Highlighted filing

2022

Revenue$180,420
Expenses$258,110
Net Income-$77,690
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$180,420
Mission and Program Overview

Mission

Our mission is simply to give grace with water. We are driven by the desire to help communities experience god's grace through the gift of water. 783 million people and millions of communities around the globe are in a water crisis! We are passionate about being a part of the solution, as well as pursuing our mission to educate their community about the love of christ. Through the drilling of wells in communities, we found a need for orphan training and have begun to help train and equip them in discipleship and life skills.

Program Services

DescriptionGrantsExpenses
GRACEWATER WE PARTNER WITH LOCAL CHURCHES WHO HAVE A WATER CRISIS, AND DRILL A WATER WELL TO MEET THE COMMUNITIES NEED FOR CLEAN WATER AND TELL THE GOSPEL OF JESUS CHRIST$0$222,669
GRACE INSTITUTE IS A PROGRAM WHERE WE TRAIN ORPHANS IN THE TRADE OF FARMING. THESE YOUNG MEN ARE RECOMMENDED TO THE PROGRAM BY PASTORS WHO GRACEWATER HAS PARTNERED WITH IN DRILLING WATER WELLS. THE YOUNG MEN COME TO THE GRACE INSTITUTE FARM FOR 12-18 MONTHS AND LEARN FARMING SKILLS AND ARE DISCIPLED BY OUR CHAPLAIN. OUR HEART IS TO EQUIP THEM WITH TRADE AND LEAD THEM DEEPER IN THEIR FAITH.$0$31,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL COLESecretary-$0--
ROGER JONESDirector-$0--
MARTHA KINGDirector-$0--
VIRGIL KINGDirector-$0--
RICHARD PICKENSDirector-$0--
NICK KINGPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Gracewater
EIN
82-4425191
Phone
6625718861
Address
1660 HIGHWAY 16 E, YAZOO CITY, MS 39194

Signing Officer

Name
Nick King
Title
President
Phone
6625718861
Signed
2023-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Warren Averett LLC
Address
2500 ACTON ROAD, BIRMINGHAM, AL 35243
Preparer
Megan Randolph
Phone
2059794100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 31,601.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 1,850. Description: foreign transaction fee. Amount: 168. Description: interest. Amount: 94. Description: late fee. Amount: 73. Description: operating expenses. Amount: 2,597. Description: miscellaneous expenses. Amount: 5,233. Description: travel and meetings. Amount: 68,190. Description: web services. Amount: 1,432. Description: meals. Amount: 47. Description: facilities and equipment. Amount: 3,495. Total to form 990-ez, line 16: 83,179.

Raw XML Appendix169 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0VALARIE PICKENS
IRS990EZ/BooksInCareOfDetail/PhoneNum06625715366
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0230 CENTER RIDGE ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0YAZOO CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd039094
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0174895
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IRS990EZ/GrossReceiptsAmt0180420
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0174895
IRS990EZ/NetAssetsOrFundBalancesEOYAmt097205
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0174895
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt097205
IRS990EZ/OccupancyRentUtltsAndMaintAmt031601
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANIEL COLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROGER JONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARTHA KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3VIRGIL KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RICHARD PICKENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NICK KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt083179
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION IS SIMPLY TO GIVE GRACE WITH WATER. WE ARE DRIVEN BY THE DESIRE TO HELP COMMUNITIES EXPERIENCE GOD'S GRACE THROUGH THE GIFT OF WATER. 783 MILLION PEOPLE AND MILLIONS OF COMMUNITIES AROUND THE GLOBE ARE IN A WATER CRISIS! WE ARE PASSIONATE ABOUT BEING A PART OF THE SOLUTION, AS WELL AS PURSUING OUR MISSION TO EDUCATE THEIR COMMUNITY ABOUT THE LOVE OF CHRIST. THROUGH THE DRILLING OF WELLS IN COMMUNITIES, WE FOUND A NEED FOR ORPHAN TRAINING AND HAVE BEGUN TO HELP TRAIN AND EQUIP THEM IN DISCIPLESHIP AND LIFE SKILLS.
IRS990EZ/PrintingPublicationsPostageAmt01476
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRACEWATER WE PARTNER WITH LOCAL CHURCHES WHO HAVE A WATER CRISIS, AND DRILL A WATER WELL TO MEET THE COMMUNITIES NEED FOR CLEAN WATER AND TELL THE GOSPEL OF JESUS CHRIST
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GRACE INSTITUTE IS A PROGRAM WHERE WE TRAIN ORPHANS IN THE TRADE OF FARMING. THESE YOUNG MEN ARE RECOMMENDED TO THE PROGRAM BY PASTORS WHO GRACEWATER HAS PARTNERED WITH IN DRILLING WATER WELLS. THE YOUNG MEN COME TO THE GRACE INSTITUTE FARM FOR 12-18 MONTHS AND LEARN FARMING SKILLS AND ARE DISCIPLED BY OUR CHAPLAIN. OUR HEART IS TO EQUIP THEM WITH TRADE AND LEAD THEM DEEPER IN THEIR FAITH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0222669
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt131000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0258110
IRS990EZ/TotalProgramServiceExpensesAmt0253669
IRS990EZ/TotalRevenueAmt0180420
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0180420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0158403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0155057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0177266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0801935
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0801935
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0180420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0158403
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0155057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0177266
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0130789
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0801935
IRS990ScheduleA/TotalSupportAmt0801935
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 31,601.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES. AMOUNT: 1,850. DESCRIPTION: FOREIGN TRANSACTION FEE. AMOUNT: 168. DESCRIPTION: INTEREST. AMOUNT: 94. DESCRIPTION: LATE FEE. AMOUNT: 73. DESCRIPTION: OPERATING EXPENSES. AMOUNT: 2,597. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 5,233. DESCRIPTION: TRAVEL AND MEETINGS. AMOUNT: 68,190. DESCRIPTION: WEB SERVICES. AMOUNT: 1,432. DESCRIPTION: MEALS. AMOUNT: 47. DESCRIPTION: FACILITIES AND EQUIPMENT. AMOUNT: 3,495. TOTAL TO FORM 990-EZ, LINE 16: 83,179.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICK KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06625718861
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACEWATER
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0824425191
ReturnHeader/Filer/PhoneNum06625718861
ReturnHeader/Filer/USAddress/AddressLine1Txt01660 HIGHWAY 16 E
ReturnHeader/Filer/USAddress/CityNm0YAZOO CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039194
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454084437
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WARREN AVERETT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02500 ACTON ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035243
ReturnHeader/PreparerPersonGrp/PhoneNum02059794100
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEGAN RANDOLPH
ReturnHeader/ReturnTs02023-11-13T12:57:31-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KING
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings