Global Grace Foundation
- Assets
- $221.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Hills, CA
- Founding
- 06/2016
- Data as of
- 12/2020
- EIN
- 81-2118816
Organization Overview
Global Grace Foundation is located in West Hills, CA. The organization was established in 2016. 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. Global Grace Foundation 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 12/2020, Global Grace Foundation generated $125.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $35.7k during the year ending 12/2020. While expenses have increased by 19.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Program Activity:
Part 3
EVANGELIZE THE GOSPEL OF JESUS CHRIST
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Golastani CEO | 10 | $0 | |
Jirik Zadouri CFO | 10 | $0 | |
Suzan Sacket Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,048 |
| 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 | $125,048 |
| 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 | $1,007 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,722 |
| Total expenses | $35,729 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $216,397 |
| Other assets | $0 |
| Total assets | $221,725 |
| Total liabilities | $0 |
| Net assets or fund balances | $221,725 |
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