Gratia Vobis Ministries Inc is located in Zebulon, NC. The organization was established in 2014. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, 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. Gratia Vobis Ministries Inc 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, Gratia Vobis Ministries Inc generated $47.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $39.2k during the year ending 12/2023. 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
TO BRING CHRIST'S LOVE AND WORD ACROSS THE GLOBE AND THE EVANGELIZATION OF CATHOLICISM THROUGH MEDIA AND LITERATURE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Verderber President | 15 | $0 | |
Richard Dimassimo Secretary | 1 | $0 | |
Father Nnaemeka Paschal Ajuka Director | 0 | $0 | |
Michael Cooper Vice President | 0 | $0 | |
Regina Tuma Director | 0 | $0 | |
Jenny Poncetta Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,516 |
| 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 | $47,516 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,220 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,026 |
| Total expenses | $39,246 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,580 |
| Other assets | $0 |
| Total assets | $25,580 |
| Total liabilities | $755 |
| Net assets or fund balances | $24,825 |