GRACE FOUNDATION INC

EIN: 463590295 501(c)(3) Philanthropy & Grantmaking

GRAND ISLAND, NE

Total Revenue
$559,953
Total Expenses
$532,326
Total Assets
$911,887
Net Assets
$902,093
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NE
Principal Officer
MARK PORTER
Phone
3083841190
Tax Period
2023-01-01 to 2023-12-31

GRACE FOUNDATION INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $560K in total revenue in fiscal year 2023. Expenses of $532K left a modest 5% surplus.

Mission

GRACE FOUNDATION WAS BORN FROM THE NEED TO HELP LOCAL CANCER PATIENTS AND THEIR FAMILITIES IN THEIR FIGHT WITH THIS DEADLY DISEASE. IF YOU LIVE WITHIN 40 MILES OF GRAND ISLAND, OR ARE BEING TREATED AT THE GRAND ISLAND CANCER TREATMENT CENTER, THE GRACE FOUNDATION IS HERE TO HELP. ASSISTANCE COMES IN MANY FORMS SUCH AS GAS CARDS, HELP WITH MEDICAL BILLS, HOUSEHOLD EXPENSES AND MORE. WE KNOW THAT CANCER DOESN'T WAIT, AND SO WE WORK HARD TO APPROVE GRANT REQUESTS IN A TIMELY MANNER.

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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 $270,040
Program Service Revenue $0
Investment Income $37,615
Other Revenue $252,298
TOTAL REVENUE $559,953

Expense Breakdown

Grants Paid $263,215
Salaries & Benefits $164,795
Fundraising Expenses $97,460
Program Expenses $373,406
Other Expenses $104,316
TOTAL EXPENSES $532,326

Year-over-Year Comparison

2023 2022 Change
Revenue $559,953 $549,876 +0.0%
Expenses $532,326 $443,189 +0.2%
Net Income $27,627 $106,687 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
4
Volunteers
300

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
$59,302
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH KOCH EXECUTIVE DI 40.00
Officer
$59,302 $0 $59,302
BRANDON BACHLE MEMBER 1.00
Director
$0 $0 $0
JEN BARKER MEMBER 1.00
Director
$0 $0 $0
KATIE BREMER MEMBER 1.00
Director
$0 $0 $0
STEPHANIE EARL MEMBER 1.00
Director
$0 $0 $0
KATHY EIHUSEN PAST CHAIR 1.00
Director
$0 $0 $0
COURTNEY GLOCK VICE CHAIR 1.00
Officer Director
$0 $0 $0
DEB GNUSE MEMBER 1.00
Director
$0 $0 $0
KAYLA HASSELMANN TREASURER 1.00
Director
$0 $0 $0
NICOLE HICKEN MEMBER 1.00
Director
$0 $0 $0
WADE JARVI TREASURER 1.00
Officer Director
$0 $0 $0
BRIAN KORT SECRETARY 1.00
Officer Director
$0 $0 $0
RALISA LEAMAN MEMBER 1.00
Director
$0 $0 $0
EMILY MIERAU MEMBER 1.00
Director
$0 $0 $0
TRAVIS MITTAN MEMBER 1.00
Director
$0 $0 $0
GARY PETERS MEMBER 1.00
Director
$0 $0 $0
JULIE PFEIFER MEMBER 1.00
Director
$0 $0 $0
MARK PORTER CHAIR 1.00
Officer Director
$0 $0 $0
ANDREW RATHE MEMBER 1.00
Director
$0 $0 $0
MICHAEL STANTON MEMBER 1.00
Director
$0 $0 $0
HEATHER TJADEN MEMBER 1.00
Director
$0 $0 $0
LISA WILLMAN MEMBER 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 No data No data No data No data
2023 $559,953 $532,326 $911,887 $27,627
2022 $549,876 $443,189 $838,566 $106,687
2021 $403,362 $351,868 $868,965 $51,494
2020 $238,796 $238,179 $797,165 $617
2019 $311,911 $273,724 $762,510 $38,187
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