Believe In Grace Inc is located in Vero Beach, FL. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Believe In Grace Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OWNING, OPERATING OR DEVELOPING AFFORDABLE RENTAL HOUSING FOR ELIGIBLE SENOIR INDIVIDUALS WITH LOW TO MODERATE INCOME.
PROVIDE SUPPORT FOR CHARITABLE ORGANIZATIONS THAT PROVIDE HELP TO THE EDERLY WHO NEED CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bethany Fortunato Pres, Director | 2 | $0 | |
Patrick Baggett Director | 0 | $0 | |
Robert Mosley Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $11,759 |
Other Income | $0 |
Total Revenue | $11,759 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $70 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $570 |
Contributions, gifts, grants paid | $11,200 |
Total expenses and disbursements | $11,770 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $212 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $212 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Believe In Grace Inc has awarded $11,200 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
FOR THE LOVE OF PAWS SENIOR PET SANCTUARY INC PURPOSE: GENERAL SUPPORT | $1,500 |
SENIOR COLLABORATIVE OF IRC PURPOSE: GENERAL SUPPORT | $1,500 |
SENIOR RESOURCE ASSOCIATION PURPOSE: GENERAL SUPPORT | $4,100 |
TREASURE COAST FOOD BANK PURPOSE: GENERAL SUPPORT | $4,100 |