Grace Extended Ministries Inc
- Assets
- $74.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Robbinsville, NC
- Founding
- 02/2018
- Data as of
- 12/2022
- EIN
- 82-4208418
Organization Overview
Grace Extended Ministries Inc is located in Robbinsville, NC. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 Extended Ministries 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 Extended Ministries Inc generated $174.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $174.0k during the year ending 12/2022. While expenses have increased by 11.3% 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATE A THRIFT STORE TO FUND THE RECOVERY PROGRAM AND OPERATE RECOVERY PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Teem President | 20 | $0 | |
Bethany Stalcup Secretary | 3 | $0 | |
Elisa Rogers Treasurer | 3 | $0 | |
Vicki Teem Director | 3 | $0 | |
Rick Davis Member | 3 | $0 | |
Pam Shaffer Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,192 |
| Total Program Service Revenue | $138,452 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,644 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,965 |
| Professional fees and other payments to independent contractors | $20,763 |
| Occupancy, rent, utilities, and maintenance | $36,263 |
| Printing, publications, postage, and shipping | $1,224 |
| Other expenses | $46,766 |
| Total expenses | $173,981 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,950 |
| Other assets | $0 |
| Total assets | $74,494 |
| Total liabilities | $11,620 |
| Net assets or fund balances | $62,874 |