Grace On Wings Incorporated
- Assets
- $405.4k
- Revenue
- $969.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-5512973
Organization Overview
Grace On Wings Incorporated is located in Indianapolis, IN. The organization was established in 2007. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Grace On Wings Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace On Wings Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Grace On Wings Incorporated generated $969.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $874.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GRACE ON WINGS GOW PROVIDES COST-EFFECTIVE AIR AMBULANCE TRANSPORT FOR PATIENTS REQUIRING MEDICAL TREATMENT. GOW IS A FAITH-BASED ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AIR AMBULANCE SERVICES. GOW PROVIDES MEDICAL MISSIONS SERVICES TO PATIENTS IN NEED OF BASIC AND ADVANCED LIFE SUPPORT SERVICES THAT NEED TRANSPORT. PATIENTS ARE UNABLE TO FLY COMMERCIALLY. OUR PLANE IS EQUIPTED WITH MED MONITORING EQUIPMENT INCLUDING A MEDICAL COT SYSTEM CONNECTED TO THE PLANES ELECTRICAL SYSTEM. OUR SERVICES ARE PROVIDED AT REDUCED COST COMPARED TO COMMERCIAL FOR-PROFIT COMPANIES. GOW ESTIMATES IT SAVES ITS PATIENTS ABOUT 1M EACH YEAR. THE CORE OF GOWS SERVICE IS FAITH BASED. WE SHOW CHRISTS LOVE THROUGH AVIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal Blank President | OfficerTrustee | 40 | $85,000 |
Michael Gamble MD Secretary | OfficerTrustee | 4 | $30,000 |
Roger Booth CPA Vice President | OfficerTrustee | 2 | $0 |
Lonnie Richardson Spiritual Advisor | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $671,015 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $671,015 |
| Total Program Service Revenue | $3,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $295,875 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $969,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,739 |
| Payroll taxes | $14,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,218 |
| Fees for services: Accounting | $475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $922 |
| Office expenses | $2,704 |
| Information technology | $2,590 |
| Royalties | $0 |
| Occupancy | $68,078 |
| Travel | $37,488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,207 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $117,192 |
| Insurance | $50,601 |
| All other expenses | $51,270 |
| Total functional expenses | $874,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,235 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $326,196 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $405,431 |
| Accounts payable and accrued expenses | $25,284 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $271,716 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $297,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $108,431 |
| Total liabilities and net assets/fund balances | $405,431 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grace On Wings Incorporated has recieved totaling $800.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interfaith America Chicago, IL | $27,416,296 | $10,230,356 |
Ratio Christi Inc Lafayette, IN | $1,792,968 | $3,407,344 |
Faith In Place Chicago, IL | $2,934,051 | $2,861,204 |
Association Of Professional Chaplains Inc Hoffman Estates, IL | $3,034,178 | $2,141,242 |
Eastern Area Community Ministries Inc Louisville, KY | $494,469 | $1,262,535 |
Ecumenical Institute Chicago, IL | $3,347,754 | $1,159,745 |
Gostomski Foundation Homewood, IL | $18,828,695 | $1,379,289 |
Grace On Wings Incorporated Indianapolis, IN | $405,431 | $969,890 |
Victory Ministry & Sports Complex Joplin, MO | $3,915,599 | $912,983 |
Reconciled World Inc Wheaton, IL | $450,260 | $925,183 |
Redemption House Ministry Inc Fort Wayne, IN | $1,071,435 | $909,788 |
Joy Baptist Camp Association Inc Whitewater, WI | $411,134 | $730,734 |