GRACE COUNSELING INC

EIN: 274401270 501(c)(3) Mental Health

GREENWOOD VILLAGE, CO

Total Revenue
$919,685
Total Expenses
$949,307
Total Assets
$1,115,365
Net Assets
$51,638
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CO
Principal Officer
MICHAEL KRAGT
Phone
7204898555
Tax Period
2025-01-01 to 2025-12-31

GRACE COUNSELING INC, founded in 2011, is a small nonprofit in the Mental Health sector that reported $920K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year.

Mission

TO PROVIDE COUNSELING, PSYCHIATRIC, EDUCATIONAL AND CONSULTATION SERVICES TO INDIVIDUALS, FAMILIES, CHURCHES, RELIGIOUS ORGANIZATIONS AND BUSINESSES. GRACE COUNSELING, INC. IS A CHRISTIAN COUNSELING CENTER OFFERING EXCELLENCE IN A FULL RANGE OF CLINICAL SERVICES AND FAMILY COUNSELING. GRACE COUNSELING STRIVES TO PROVIDE EXCEPTIONAL CARE IN A COMPASSIONATE ENVIRONMENT FOR EVERY CLIENT. OUR DEDICATED TEAM OF PROFESSIONALS SEEKS TO STRENGTHEN, EDUCATE, AND BRING HEALING TO OUR CLIENTS AND THEIR FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $670,610 Revenue: $881,898

IN 2025, GRACE COUNSELING, INC. AVERAGED 127 OUTPATIENT COUNSELING APPOINTMENTS PER WEEK. APPROXIMATELY 30% OF OUR SERVICES ARE OFFERED ON A REDUCED FEE FOR THOSE WHO CANNOT AFFORD MARKET RATES. OUR...

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IN 2025, GRACE COUNSELING, INC. AVERAGED 127 OUTPATIENT COUNSELING APPOINTMENTS PER WEEK. APPROXIMATELY 30% OF OUR SERVICES ARE OFFERED ON A REDUCED FEE FOR THOSE WHO CANNOT AFFORD MARKET RATES. OUR STAFF PROVIDED OVER 100 COMMUNITY OUTREACH CONTACTS INCLUDING TRAININGS AND CONSULTATIONS FOR THE COMMUNITY OFFERED FREE OF CHARGE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $36,859
Program Service Revenue $881,898
Investment Income $708
Other Revenue $220
TOTAL REVENUE $919,685

Expense Breakdown

Grants Paid $0
Salaries & Benefits $743,072
Fundraising Expenses $13,460
Program Expenses $670,610
Other Expenses $206,235
TOTAL EXPENSES $949,307

Year-over-Year Comparison

2025 2024 Change
Revenue $919,685 $1,024,629 -0.1%
Expenses $949,307 $1,019,771 -0.1%
Net Income $-29,622 $4,858 -7.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
15
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$165,359
Total Directors
7
$165,359
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL KRAGT EXECUTIVE DI 40.00
Officer Director
$0 $0 $165,359
ROBERT GIBSON THERAPIST 40.00
Highest
$0 $0 $137,741
REBECCA BARRICK MEMBER 2.00
Director
$0 $0 $0
STEVE BOWENS MEMBER 2.00
Director
$0 $0 $0
DEB BUTTE SECRETARY 2.00
Director
$0 $0 $0
SHERRIE FARRELL TREASURER 2.00
Officer Director
$0 $0 $0
DAVE PALMER CHAIRMAN OF 2.00
Officer Director
$0 $0 $0
BARB ROBERTS MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $919,685 $949,307 $1,115,365 $-29,622
2024 $1,024,629 $1,019,771 $1,181,536 $4,858
2023 $1,481,118 $1,505,131 $1,217,673 $-24,013
2022 $1,621,880 $1,782,362 $1,274,909 $-160,482
2021 $1,698,649 $1,487,872 $1,530,585 $210,777
2020 $1,267,494 $1,327,023 $266,839 $-59,529
2019 $1,217,420 $1,190,173 $142,637 $27,247
2018 $1,144,571 $1,163,136 $129,128 $-18,565
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