Grace Impact Development Center Inc
- Assets
- $162.5k
- Revenue
- $353.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Moncks Corner, SC
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 81-5401824
Organization Overview
Grace Impact Development Center Inc is located in Moncks Corner, SC. The organization was established in 2017. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Impact Development Center 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 12/2021, Grace Impact Development Center Inc generated $353.2k in total revenue. All expenses for the organization totaled $413.9k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRACE IMPACT DEVELOPMENT CENTER EXIST TO CREATE ORGANIZE INCUBATE AND FUND PROGRAMMING IN THE AREAS OF HEALHCARE HOUSING EMPLOYMENT AND EDUCATION FOR AT RISK POPULATIONS THROUGHOUT BERKELEY COUNTY SC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROBERT WOOD JOHNSON: GRANT FUNDS WERE ALLOCATED FOR VARIOUS NON-CONTRACTUAL STAFFING POSITIONS; DEVELOPING THE FOUNDATION OF SUSTAINABILITY TO THE NONPROFIT. THE ROLE DESCRIPTIONS FOR EXECUTIVE DIRECTOR DIRECTOR AND EVENT COORDINATOR WERE ESTABLISHED FOR THE YEAR AND COMPLETED SUCCESSFULLY: WHICH INCLUDED CONDUCTING MONTHLY BOARD MEETINGS DEVELOPING PARTNERSHIPS AND PROGRAMS AND MANAGING EXECUTING A MAJOR CULTURAL FESTIVAL AND COMMUNITY ENGAGEMENTS.
ANTON FAMILY FOUNDATION- GRANT FUNDS WERE ALLOCATED FOR CREATING A MULTIFUNCTIONAL COMMUNICATION ENGINE; A WEB-BASED APP CALLED MICRO LEARNING CENTERS MI.L.C. THE APP WAS DEVELOPED AND CONSTRUCTED THROUGH ONGOING MEETINGS WITH THE HIRED COHEN BRAND MANAGEMENT TEAM DEVELOPER GIDC INITIATIVES CHIC PROGRAMS. THE APP WAS LAUNCHED JULY 24 2021 TO THE GENERAL PUBLIC AS A NEW COMMUNICATION TOOL FOR PROVIDING INFORMATION WITH SEVERAL RESOURCE PARTNERS FROM RURAL COMMUNITIES AND THEIR MIDDLE SCHOOLS.
GENERAL MOTORS GRANT FUNDS WERE ALLOCATED TO HIRE INDIVIDUALS TO CREATE PUBLIC SERVICE ANNOUNCEMENTS PSA AND CONSTRUCT A COMMUNITY PAVILION. FIVE VIDEOS WERE CREATED BY A YOUTH RESIDENT A MEDIA ARTS COLLEGE STUDENT AND A PRODUCTION MANAGER. EACH PSA VIDEO FOCUSED ON SUBJECT MATTERS RELEVANT TO: 1. MISREPRESENTATION OF YOUTH HOMELESSNESS IN BERKELEY COUNTY 2. FOOD SCARCITY 3. MENTAL HEALTH CARE AWARENESS 4. VOICE IN LOCAL GOVERNMENT 5. COMMUNITY INVESTMENT PROMOTES COMMUNITY SUSTAINABILITY. THE COMMUNITY PAVILION WAS BUILT FROM THE GROUND UP BY HIRED INDIVIDUALS DONATED WORK HOURS AND SKILLED PROFESSIONALS. THE PAVILION WILL SERVE AS A SAFE SPACE FOR COMMUNITY ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Horace J Brooks Chairman Of The Board | Officer | 1 | $0 |
Jessie Cannon Secretary | Officer | 1.25 | $0 |
Delores Pinckney Williams Treasurer | Officer | 3 | $0 |
Edmund Vice Member | Trustee | 0.5 | $0 |
Jessica Watkins Member | Trustee | 0.5 | $0 |
Laquana Reaves Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,630 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $326,370 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,219 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $353,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $83,980 |
| Fees for services: Legal | $2,380 |
| Fees for services: Accounting | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $169,240 |
| Advertising and promotion | $28,696 |
| Office expenses | $1,541 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,208 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,513 |
| Insurance | $3,737 |
| All other expenses | $6,151 |
| Total functional expenses | $413,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,586 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $129,927 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $162,513 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,368 |
| Total liabilities | $80,368 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $82,145 |
| Total liabilities and net assets/fund balances | $162,513 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grace Impact Development Center Inc has recieved totaling $91,853.
| Awarding Organization | Amount |
|---|---|
Lowcountry Food Bank Inc Charleston, SC PURPOSE: DISTRIBUTION OF FOOD AND GROCERY PRODUCTS | $88,853 |
Molina Healthcare Charitable Foundation Wilmington, DE PURPOSE: MICRO LEARNING CENTERS | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumbee Land Development Inc Pembroke, NC | $104,644,049 | $36,954,542 |
Georgia Investor Action Fund Inc Atlanta, GA | $1,202,318 | $9,887,043 |
E C Canada & Associates Inc Greensboro, NC | $229,550 | $4,504,238 |
Intown Collaborative Ministries Atlanta, GA | $816,682 | $2,226,002 |
Easter Seals East Georgia Inc Augusta, GA | $1,886,077 | $733,248 |
The Path Project Inc Monroe, GA | $774,045 | $1,370,431 |
Partners For Children & Families Inc Carthage, NC | $127,115 | $1,146,868 |
Dress For Success Triangle Nc Raleigh, NC | $1,069,015 | $1,461,696 |
Atlas Ministry Inc Greensboro, GA | $5,570,010 | $1,405,674 |
Family Justice Center Of Georgetown And Horry Counties Georgetown, SC | $3,265,954 | $2,554,337 |
Refugee Hope Partners Inc Raleigh, NC | $791,021 | $1,335,709 |
A Helping Hand Inc Durham, NC | $0 | $761,728 |