GRACE ATHLETIC MINISTRY ENTERPRISES INC

EIN: 461495454 501(c)(3) Recreation & Sports

GERMANTOWN, TN

Total Revenue
$285,184
Total Expenses
$265,375
Total Assets
$153,869
Net Assets
$153,869
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TN
Principal Officer
RUSS BINGHAM
Phone
9017567136
Tax Period
2023-01-01 to 2023-12-31

GRACE ATHLETIC MINISTRY ENTERPRISES INC, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $285K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $265K left a modest 7% surplus.

Mission

GRACE ATHLETIC MINISTRY ENTERPRISES USES YOUTH SPORTS AS A MEANS OF INTERACTING WITH HUNDREDS OF PARTICIPANTS AND THEIR FAMILIES, SEEKING TO DEVELOP THE WHOLE CHILD - PHYSICALLY, EMOTIONALLY, SOCIALLY, AND SPIRITUALLY - TO BECOME RESPONSIBLE, DISCIPLINED, AND SUCCESSFUL INDIVIDUALS. THE ORGANIZATION ALSO TRAINS AND MENTORS HUNDREDS OF COACHES AND REFEREES EACH YEAR. THE ORGANIZATION CONDUCTS THIS ACTIVITY AT VARIOUS ATHLETIC FIELDS AND GYMNASIUMS IN THE MEMPHIS AREA. ONE HUNDRED PERCENT OF THE ORGANIZATION'S TIME IS SPENT COORDINATING, MANAGING, AND OVERSEEING ITS EXEMPT PURPOSE ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,000
Program Service Revenue $268,806
Investment Income $1,378
Other Revenue $0
TOTAL REVENUE $285,184

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $261,141
Other Expenses $265,375
TOTAL EXPENSES $265,375

Year-over-Year Comparison

2023 2022 Change
Revenue $285,184 $246,913 +0.2%
Expenses $265,375 $227,766 +0.2%
Net Income $19,809 $19,147 +0.0%
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
6
Independent Members
6
Employees
N/A
Volunteers
75

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSS BINGHAM PRESIDENT 40.00
Officer Director
$0 $0 $0
BLAKE DICKENS DIRECTOR 1.00
Director
$0 $0 $0
RANDY TURNER DIRECTOR 1.00
Director
$0 $0 $0
JIMMY CLINTON DIRECTOR 1.00
Director
$0 $0 $0
TIFFANY MCELVEEN DIRECTOR 1.00
Director
$0 $0 $0
JOE WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
CAROLE AUSTELL SECRETARY 20.00
Officer
$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 No data No data No data No data
2023 $285,184 $265,375 $153,869 $19,809
2022 $246,913 $227,766 $134,060 $19,147
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