Graceworks Ministries
- Assets
- $87.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Smithville, MO
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 27-8210394
Organization Overview
Graceworks Ministries is located in Smithville, MO. The organization was established in 2011. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Graceworks 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 12/2023, Graceworks Ministries generated $68.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $89.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTED THE ORGANIZATIONAL HEALTH AND BUILDING CAPACITY FOR NON PROFIT CHRISTIAN ELEMENTARY AND SECONDARY SCHOOLS IN NORTH AMERICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Krause Officer: President Of Graceworks | 40 | $48,579 | |
Steve Horne Board Member | 2 | $0 | |
Cordell Dick Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $134,042 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,787 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,171 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $646 |
| Printing, publications, postage, and shipping | $422 |
| Other expenses | $33,598 |
| Total expenses | $89,837 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,063 |
| Other assets | $0 |
| Total assets | $87,249 |
| Total liabilities | $322,706 |
| Net assets or fund balances | -$235,457 |