Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
Reclaimed by Grace Thrift Store Inc
EIN 93-3764093 • 501(c)3 • Watervliet, MI
Profile
To receive donated goods from businesses and the general public and to sell from those goods to the general public exclusively for the benefit of grace christian educational association to assist with the costs of school operations and to reduce the tuition for the students who attend its school in watervliet, michigan.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$42,979
Up $3,275 (+8.2%) from 2023
Liabilities
Up$384
Up $159 (+71%) from 2023
Net Assets
Up$42,595
Up $3,116 (+7.9%) from 2023
Revenue
Up$154,747
Up $92,625 (+149%) from 2023
Expenses
Up$151,631
Up $128,988 (+570%) from 2023
Net Income
Down$3,116
Down $36,363 (-92%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $42,979
- Liabilities
- $384
- Net assets
- $42,595
- Revenue
- $154,747
- Expenses
- $151,631
- Net income
- $3,116
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 14, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $154,747
Mission and Program Overview
Mission
To receive donated goods from businesses and the general public and to sell from those goods to the general public exclusively for the benefit of grace christian educational association to assist with the costs of school operations and to reduce the tuition for the students who attend its school in watervliet, michigan.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO RECEIVE DONATED GOODS FROM BUSINESSES AND THE GENERAL PUBLIC AND TO SELL FROM THOSE GOODS TO THE GENERAL PUBLIC EXCLUSIVELY FOR THE BENEFIT OF GRACE CHRISTIAN EDUCATIONAL ASSOCIATION TO ASSIST WITH THE COSTS OF SCHOOL OPERATIONS AND TO REDUCE THE TUITION FOR THE STUDENTS WHO ATTEND ITS SCHOOL IN WATERVLIET, MICHIGAN. | - | $151,632 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BEN WILLIAMSON | President | PT | $0 | - | - |
| TIM ULRICH | Vice-Preside | PT | $0 | - | - |
| CATHY FROGGATT | Secretary | PT | $0 | - | - |
| DEAN NAPP | Treasurer | PT | $0 | - | - |
| SHIRL BONTRAGER | Director | - | $0 | - | - |
| DARLENE HAZEN | Director | - | $0 | - | - |
| JOEL LAYMAN | Director | - | $0 | - | - |
| DEBBIE NAPP | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Reclaimed by Grace Thrift Store Inc
- EIN
- 93-3764093
- Phone
- 2694635545
- Address
- 325 N M-140 HIGHWAY, WATERVLIET, MI 49098
Signing Officer
- Name
- Ben Williamson
- Title
- President
- Phone
- 2694635545
- Signed
- 2025-05-14
Preparer
- Firm
- Seber Tans Plc
- Address
- 555 W CROSSTOWN PARKWAY STE 304, KALAMAZOO, MI 49008
- Preparer
- Thomas J Horwath
- Phone
- 2693438180
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office supplies 2,124 janitorial expense 158 internet 784 insurance 1,822 bank service charges 563 finance charge 20 store fixtures & equipmnt 2,510 miscellaneous 1,274 dues & subscriptions 225 sales tax expense 9,578 donations 64,410 total 83,468”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 225 384”
Form 990-ez, Part III
“To receive donated goods from businesses and the general public and to sell from those goods to the general public exclusively for the benefit of grace christian educational association to assist with the costs of school operations and to reduce the tuition for the students who attend its school in watervliet, michigan.”
Form 990-ez, Part III, Line 28
“To receive donated goods from businesses and the general public and to sell from those goods to the general public exclusively for the benefit of grace christian educational association to assist with the costs of school operations and to reduce the tuition for the students who attend its school in watervliet, michigan.”
Raw XML Appendix141 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 | DEAN NAPP |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2694635545 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 325 N M-140 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WATERVLIET |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49098 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 39704 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 42979 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3116 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 600 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 39704 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 42979 |
| IRS990EZ/GrossReceiptsAmt | 0 | 154747 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 103 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 39479 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 42595 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 39479 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 42595 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 29177 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 3.00 |
| 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/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BEN WILLIAMSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TIM ULRICH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CATHY FROGGATT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DEAN NAPP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | SHIRL BONTRAGER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | DARLENE HAZEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JOEL LAYMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | DEBBIE NAPP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| 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/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 83468 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO RECEIVE DONATED GOODS FROM BUSINESSES AND THE GENERAL PUBLIC AND TO SELL FROM THOSE GOODS TO THE GENERAL PUBLIC EXCLUSIVELY FOR THE BENEFIT OF GRACE CHRISTIAN EDUCATIONAL ASSOCIATION TO ASSIST WITH THE COSTS OF SCHOOL OPERATIONS AND TO REDUCE THE TUITION FOR THE STUDENTS WHO ATTEND ITS SCHOOL IN WATERVLIET, MICHIGAN. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 154644 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO RECEIVE DONATED GOODS FROM BUSINESSES AND THE GENERAL PUBLIC AND TO SELL FROM THOSE GOODS TO THE GENERAL PUBLIC EXCLUSIVELY FOR THE BENEFIT OF GRACE CHRISTIAN EDUCATIONAL ASSOCIATION TO ASSIST WITH THE COSTS OF SCHOOL OPERATIONS AND TO REDUCE THE TUITION FOR THE STUDENTS WHO ATTEND ITS SCHOOL IN WATERVLIET, MICHIGAN. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 151632 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 38386 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 225 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 384 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 151631 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 151632 |
| IRS990EZ/TotalRevenueAmt | 0 | 154747 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1893 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1893 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 103 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 16 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 119 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 214857 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1893 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1893 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1893 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2012 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE SUPPLIES 2,124 JANITORIAL EXPENSE 158 INTERNET 784 INSURANCE 1,822 BANK SERVICE CHARGES 563 FINANCE CHARGE 20 STORE FIXTURES & EQUIPMNT 2,510 MISCELLANEOUS 1,274 DUES & SUBSCRIPTIONS 225 SALES TAX EXPENSE 9,578 DONATIONS 64,410 TOTAL 83,468 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 225 384 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO RECEIVE DONATED GOODS FROM BUSINESSES AND THE GENERAL PUBLIC AND TO SELL FROM THOSE GOODS TO THE GENERAL PUBLIC EXCLUSIVELY FOR THE BENEFIT OF GRACE CHRISTIAN EDUCATIONAL ASSOCIATION TO ASSIST WITH THE COSTS OF SCHOOL OPERATIONS AND TO REDUCE THE TUITION FOR THE STUDENTS WHO ATTEND ITS SCHOOL IN WATERVLIET, MICHIGAN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO RECEIVE DONATED GOODS FROM BUSINESSES AND THE GENERAL PUBLIC AND TO SELL FROM THOSE GOODS TO THE GENERAL PUBLIC EXCLUSIVELY FOR THE BENEFIT OF GRACE CHRISTIAN EDUCATIONAL ASSOCIATION TO ASSIST WITH THE COSTS OF SCHOOL OPERATIONS AND TO REDUCE THE TUITION FOR THE STUDENTS WHO ATTEND ITS SCHOOL IN WATERVLIET, MICHIGAN. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BEN WILLIAMSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2694635545 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RECLAIMED BY GRACE THRIFT STORE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RECL |
| ReturnHeader/Filer/EIN | 0 | 933764093 |
| ReturnHeader/Filer/PhoneNum | 0 | 2694635545 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 325 N M-140 HIGHWAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WATERVLIET |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49098 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 200503877 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SEBER TANS PLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 555 W CROSSTOWN PARKWAY STE 304 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | KALAMAZOO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 49008 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2693438180 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THOMAS J HORWATH |
| ReturnHeader/ReturnTs | 0 | 2025-05-21T14:08:05-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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