GRACE ADVENTURES

EIN: 386117980 501(c)(3) Recreation & Sports

MEARS, MI

Total Revenue
$7,170,447
Total Expenses
$6,827,562
Total Assets
$38,070,421
Net Assets
$33,916,936
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
MI
Principal Officer
STEVE PRUDHOMME
Phone
2318733662
Tax Period
2024-01-01 to 2024-12-31

GRACE ADVENTURES, founded in 1965, is a community nonprofit in the Recreation & Sports sector that reported $7.2M in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $6.8M left a modest 5% surplus.

Mission

GRACE ADVENTURES EXISTS TO IMPACT PEOPLE WITH JESUS CHRIST. OUR VISION IS TO INCREASE OUR IMPACT ON CHILDREN, ADULTS, FAMILIES AND COMMUNITIES, THROUGH EVANGELISM, DISCIPLESHIP, LEADERSHIP TRAINING AND EDUCATIONAL OPPORTUNITIES IN A QUALITY, YEAR-ROUND CHRISTIAN ENVIRONMENT ON CAMPUS AND IN THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1
Expenses: $6,323,523 Revenue: $5,084,552

GRACE ADVENTURES HAS DEVELOPED EVANGELISTIC, DISCIPLESHIP, LEADERSHIP TRAINING AND EDUCATIONAL PROGRAMS THROUGH ITS CAMPS, RETREATS, TRAININGS, COMMUNITY WORSHIP AND FAMILY CAMP. GRACE ADVENTURES...

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GRACE ADVENTURES HAS DEVELOPED EVANGELISTIC, DISCIPLESHIP, LEADERSHIP TRAINING AND EDUCATIONAL PROGRAMS THROUGH ITS CAMPS, RETREATS, TRAININGS, COMMUNITY WORSHIP AND FAMILY CAMP. GRACE ADVENTURES PROGRAMS PROVIDE TRAINING ESSENTIAL FOR THE LEADERSHIP AND CHARACTER DEVELOPMENT OF CHILDREN, ADULTS, FAMILIES AND THE COMMUNITIES THEY LIVE IN. GRACE SERVES APPROXIMATELY 39,000 INDIVIDUALS ANNUALLY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,038,109
Program Service Revenue $5,083,566
Investment Income $70,760
Other Revenue $-21,988
TOTAL REVENUE $7,170,447

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,909,806
Fundraising Expenses $125,026
Program Expenses $6,323,523
Other Expenses $3,917,756
TOTAL EXPENSES $6,827,562

Year-over-Year Comparison

2024 2023 Change
Revenue $7,170,447 $25,015,577 -0.7%
Expenses $6,827,562 $5,808,656 +0.2%
Net Income $342,885 $19,206,921 -1.0%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
11
Employees
210
Volunteers
141

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
5
$119,889
Total Directors
12
$119,889
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE PRUDHOMME PRESIDENT 40.00
Officer Director
$119,889 $0 $119,889
BRIAN BOLEN DIRECTOR 1.00
Director
$0 $0 $0
MIKE DEWINDT DIRECTOR 1.00
Director
$0 $0 $0
RON BEEBE DIRECTOR 1.00
Director
$0 $0 $0
STEVE WENDT SECRETARY 1.00
Officer Director
$0 $0 $0
KURT SUIDINSKI DIRECTOR 1.00
Director
$0 $0 $0
HARRY GOOSSENS DIRECTOR 1.00
Director
$0 $0 $0
NICK PAGANO DIRECTOR 1.00
Director
$0 $0 $0
BOB SORENSEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAN VANTIMMEREN CHAIRPERSON 1.00
Officer Director
$0 $0 $0
PAUL SPICA TREASURER 1.00
Officer Director
$0 $0 $0
JIM VANDERMEY DIRECTOR 1.00
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
2024 $7,170,447 $6,827,562 $38,070,421 $342,885
2023 $25,015,577 $5,808,656 $39,147,546 $19,206,921
2022 $6,729,639 $3,828,692 $15,487,753 $2,900,947
2021 $5,295,986 $3,314,704 $12,083,796 $1,981,282
2020 $3,159,448 $2,435,005 $9,906,926 $724,443
2019 $3,763,997 $3,136,967 $9,563,406 $627,030
2018 $3,623,711 $3,017,701 $9,290,381 $606,010
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