Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Grace Foundation USA
990EZ • Fiscal year 2020 • EIN 83-2691319
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.42x
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Down$10,522
Down $44,478 (-81%) from 2019
Net Assets
$6,072
No earlier filing loaded for comparison.
Liabilities
Down$4,450
Down $531 (-11%) from 2019
Revenue And Expenses
Revenue
Down$8,100
Down $46,900 (-85%) from 2019
Expenses
Up$52,047
Up $47,066 (+945%) from 2019
Net Income
Down-$43,947
Down $93,966 (-188%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Nov 1, 2019 to Oct 31, 2020
- Signed
- Dec 3, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $8,100
Mission and Program Overview
Mission
(a) to educate the american public on the dire needs including holistic, psychosocial and spiritual needs of 24 minority groups of young people living in the golden triangle, where they have long been exposed to a local drug abuse culture;(b)to provide an opportunity for the american public to participate in the christian ministry of love through teaching these ethnic-minority young people in the region bible and music to nourish their soul, helping them learn english, chinese and thai to make a better living, and bringing in volunteer doctors, nurses and healthcare professionals to provide these poor people with much needed health care and education.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 1. $50,000 WAS ALLOCATED TO FUND FOR THE CONSTRUCTION OF AN EDUCATION BUILDING FOR THE GRACE FOUNDATION, THAILAND.2. $2,000 WAS USED FOR THE SURGICAL SUBSIDY OF A SICK STUDENT OF THE MISSION TRAINING CENTER OF THE GRACE FOUNDATION, THAILAND. | $52,000 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROSANGELA CHIU | President | PT | $0 | - | - |
| PHILIP CHIU | Treasurer | PT | $0 | - | - |
| JOYCE YU | Director | - | $0 | - | - |
| BOB CHENG | Director | - | $0 | - | - |
| ALAN CHIU | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Grace Foundation USA
- EIN
- 83-2691319
- Phone
- 7145883919
- Address
- 17803 NORAN CIRCLE, CERRITOS, CA 90703
Signing Officer
- Name
- Rosangela Chiu
- Title
- President
- Signed
- 2020-12-03
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Fabian Chiu CPA
- Address
- 941 LAS ROSAS DR, WEST COVINA, CA 91791
- Preparer
- Fabian Chiu
- Phone
- 6263154795
Supplemental Narrative
Additional Explanations
Grants and Similar Amounts Paid In Excess of $5,000.1
“Class of Activity: EDUCATION | Donee's Name: GRACE FOUNDATION THAILAND | Donee's Address: 9TH FLOOR, 183 RAJDAMRI RD. LUMPINI PATHUMWAN BANGKOK 10330 Thailand | Relationship of Donee: NONE | Cash Amount Given: $52000”
Other Expenses.1
“BANK CHARGES $45”
Other Expenses.2
“POSTAGE $2”
Total Liabilities.1
“ADVANCE PAYABLE - Beginning $4981 ADVANCE PAYABLE - Ending $4450”
Raw XML Appendix147 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | PHILIP CHIU |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7145883919 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 17803 NORAN CIRCLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CERRITOS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90703 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 55000 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 10522 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 8100 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -43947 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 55000 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 10522 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 52000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 8100 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 50019 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 6072 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 50019 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 6072 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROSANGELA CHIU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PHILIP CHIU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOYCE YU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BOB CHENG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ALAN CHIU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 47 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | (A) TO EDUCATE THE AMERICAN PUBLIC ON THE DIRE NEEDS INCLUDING HOLISTIC, PSYCHOSOCIAL AND SPIRITUAL NEEDS OF 24 MINORITY GROUPS OF YOUNG PEOPLE LIVING IN THE GOLDEN TRIANGLE, WHERE THEY HAVE LONG BEEN EXPOSED TO A LOCAL DRUG ABUSE CULTURE;(B)TO PROVIDE AN OPPORTUNITY FOR THE AMERICAN PUBLIC TO PARTICIPATE IN THE CHRISTIAN MINISTRY OF LOVE THROUGH TEACHING THESE ETHNIC-MINORITY YOUNG PEOPLE IN THE REGION BIBLE AND MUSIC TO NOURISH THEIR SOUL, HELPING THEM LEARN ENGLISH, CHINESE AND THAI TO MAKE A BETTER LIVING, AND BRINGING IN VOLUNTEER DOCTORS, NURSES AND HEALTHCARE PROFESSIONALS TO PROVIDE THESE POOR PEOPLE WITH MUCH NEEDED HEALTH CARE AND EDUCATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 1. $50,000 WAS ALLOCATED TO FUND FOR THE CONSTRUCTION OF AN EDUCATION BUILDING FOR THE GRACE FOUNDATION, THAILAND.2. $2,000 WAS USED FOR THE SURGICAL SUBSIDY OF A SICK STUDENT OF THE MISSION TRAINING CENTER OF THE GRACE FOUNDATION, THAILAND. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 52000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 4981 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4450 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 52047 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 52000 |
| IRS990EZ/TotalRevenueAmt | 0 | 8100 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.GRACEFOUNDATIONUSA.COM |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 8100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 63100 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 63100 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 8100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 63100 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 63100 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| 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 | Class of Activity: EDUCATION | Donee's Name: GRACE FOUNDATION THAILAND | Donee's Address: 9TH FLOOR, 183 RAJDAMRI RD. LUMPINI PATHUMWAN BANGKOK 10330 Thailand | Relationship of Donee: NONE | Cash Amount Given: $52000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BANK CHARGES $45 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | POSTAGE $2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ADVANCE PAYABLE - Beginning $4981 ADVANCE PAYABLE - Ending $4450 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2021-04-22 16:20:28Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROSANGELA CHIU |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-12-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GRACE FOUNDATION USA |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRAC |
| ReturnHeader/Filer/EIN | 0 | 832691319 |
| ReturnHeader/Filer/PhoneNum | 0 | 7145883919 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 17803 NORAN CIRCLE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CERRITOS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90703 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 472117060 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FABIAN CHIU CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 941 LAS ROSAS DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WEST COVINA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91791 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6263154795 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FABIAN CHIU |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2020-12-03T18:48:42-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-11-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-10-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $10,522
- Liabilities
- $4,450
- Net assets
- $6,072
- Revenue
- $8,100
- Expenses
- $52,047
- Net income
- -$43,947