Grace Ministries International Inc is located in Monessen, PA. The organization was established in 2009. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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 International 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 12/2022, Grace Ministries International Inc generated $134.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $22.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO AFFECT THE MASSES BY ENCOURAGING AND REVEALING THROUGH EXPERIENCE, THE MOVES OF GOD IN HUMAN AFFAIRS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hazel Palmer President And Treasurer | 25 | $0 | |
Randy L Palmer Employee | 25 | $424 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,851 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,855 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $459 |
| Professional fees and other payments to independent contractors | $456 |
| Occupancy, rent, utilities, and maintenance | $4,350 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,964 |
| Total expenses | $22,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $213,626 |
| Other assets | $0 |
| Total assets | $213,626 |
| Total liabilities | $90 |
| Net assets or fund balances | $213,536 |