Grac-Life Ministries
- Assets
- $122.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Semmes, AL
- Founding
- 08/2003
- Data as of
- 12/2023
- EIN
- 47-0894197
Organization Overview
Grac-Life Ministries is located in Semmes, AL. The organization was established in 2003. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Grac-Life 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, Grac-Life Ministries generated $56.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $27.0k 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 EDUCATE & SUPPORT EXISTING PASTORS AND CHURCHES THROUGHOUT HONDURAS, CENTRAL AND SOUTH AMERICA. ALSO, TO PERFORM CONFERENCES, SEMINARS, AND REVIVALS IN SEVERAL COUNTRIES AROUND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Dubose President | 10 | $0 | |
Edith Dubose Secretary | 10 | $0 | |
Felipe Pinochet Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,102 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $32,483 |
| Total Revenue | $56,585 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $18 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,984 |
| Total expenses | $27,002 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,271 |
| Other assets | $0 |
| Total assets | $122,371 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,371 |