Gracedrive Ministries Incorporated
- Assets
- $120.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bellaire, TX
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 82-0596339
Organization Overview
Gracedrive Ministries Incorporated is located in Bellaire, TX. The organization was established in 2017. 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. Gracedrive Ministries Incorporated 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, Gracedrive Ministries Incorporated generated $75.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $36.9k during the year ending 12/2022. While expenses have increased by 16.5% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest Mark Gapulan Board President/executive Director | 20 | $0 | |
Bradley Pettiet Board Vice President | 2 | $0 | |
Rhyjob Henry Cabugwas Board Secretary | 5 | $0 | |
Lorabel Schmidt Donor Relations | 5 | $0 | |
Dana June Alcazar Stewardship Coordinator | 2 | $0 | |
Diana Henderson Transparency Consultant | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,627 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $89 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,716 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,832 |
| Professional fees and other payments to independent contractors | $177 |
| Occupancy, rent, utilities, and maintenance | $670 |
| Printing, publications, postage, and shipping | $1,571 |
| Other expenses | $2,621 |
| Total expenses | $36,863 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,898 |
| Other assets | $0 |
| Total assets | $120,846 |
| Total liabilities | $0 |
| Net assets or fund balances | $120,846 |