Gracepointe Ministries
- Assets
- $79.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodruff, SC
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-4295201
Organization Overview
Gracepointe Ministries is located in Woodruff, SC. The organization was established in 2009. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gracepointe Ministries 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, Gracepointe Ministries generated $104.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $99.2k during the year ending 12/2022. While expenses have increased by 9.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Nelson Jr Executive Director | 60 | $54,000 | |
Harriette H Crain Secretary | 2 | $0 | |
R David Pridemore Director | 2 | $0 | |
Tonja B Smith Treasurer | 2 | $0 | |
Rosemary Nelson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,257 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,257 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,000 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $413 |
| Other expenses | $44,550 |
| Total expenses | $99,213 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,013 |
| Other assets | $0 |
| Total assets | $79,808 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,808 |