Grace Ministries Tennessee Inc is located in Mount Juliet, TN. The organization was established in 1992. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Grace Ministries Tennessee 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 12/2017, Grace Ministries Tennessee Inc generated $29.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $23.3k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (33.5%) per year over the past 2 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
2017
Describe the Organization's Program Activity:
Part 3
PROVIDED INDIVIDUALS WITH CHRISTIAN-CENTERED COUNSELING FOR STRUGGLES IN MENTAL EMOTIONAL FAMILIAL AND MARITAL CONFLICTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Holley President | 15 | $10,500 | |
Neil Sharpe Director | 1 | $0 | |
April Gammon Director | 1 | $0 | |
Jay Tippens Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,473 |
| 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 | $29,473 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,303 |
| Professional fees and other payments to independent contractors | $6,312 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $83 |
| Other expenses | $5,607 |
| Total expenses | $23,305 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,773 |
| Other assets | $0 |
| Total assets | $10,273 |
| Total liabilities | $464 |
| Net assets or fund balances | $9,809 |