GRACE WORKS GLOBAL

EIN: 475607057 501(c)(3) Religion

Payson, AZ

Total Revenue
$262,935
Total Expenses
$217,243
Total Assets
$104,375
Net Assets
$101,888
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
AZ
Principal Officer
Richard Allen Mann Jr
Phone
9289785277
Tax Period
2021-01-01 to 2021-12-31

GRACE WORKS GLOBAL, founded in 2016, is a small nonprofit in the Religion sector that reported $263K in total revenue in fiscal year 2021. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 17% operating margin.

Mission

GraceWorks Global exists for religious, charitable, and educational purposes including, but not limited to the training and discipling of pastors worldwide, working among the poor worldwide and engaging in any activity permitted to corporations under the Arizona Nonprofit Act that is in furtherance of Section 501(c)(3) purposes.

Program Service Accomplishments

Program 1
Expenses: $75,348 Revenue: $0

In Nicaragua, distributed 20 water filtration systems for individual homes, replaced filters and serviced the whole house system for a community pregnancy center, and made repairs on an existing...

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In Nicaragua, distributed 20 water filtration systems for individual homes, replaced filters and serviced the whole house system for a community pregnancy center, and made repairs on an existing water well. Also, purchased 25 solar water production units for future installation in a village school. Surveyed the installation location and made local preparations for return trip. Finalization of the solar project is expected in mid 2022. Shared the Gospel with small groups and individuals in the course of working on the water projects AND during an extended layover in Panama.

Program 2
Expenses: $8,554 Revenue: $0

Due to Covid restrictions, we did not travel to Asia in person during 2021. However, we held multiple online conferences in three countries, including children's ministries, which are an integral...

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Due to Covid restrictions, we did not travel to Asia in person during 2021. However, we held multiple online conferences in three countries, including children's ministries, which are an integral part of the Pastoral training. Training conferences typically include food and study supplies, hands on activities for children's sessions, and integration of the sessions so that indigenous pastors can duplicate the teaching and children's ministries throughout the year. Total number of individual pastors involved was approximately 300 in multiple locations, and over 700 children and adults in the children's sessions this year.

Program 3
Expenses: $6,091 Revenue: $0

Due to Covid restrictions and multiple natural disasters, we did not travel to the Philippines in person during 2021. Instead, we sent disaster relief packages of food and water filters, which were...

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Due to Covid restrictions and multiple natural disasters, we did not travel to the Philippines in person during 2021. Instead, we sent disaster relief packages of food and water filters, which were distributed by the local pastor with whom we work. We maintained a ministry property and assisted the local pastor in preparation for when he and his helper are able to open the location for worship services. Meanwhile the pastor continues to share the Gospel of Jesus Christ and regularly meet with individuals and small groups for discipleship and encouragement. In 2022, we expect the pastor to move to the property and continue to make improvements as well as initiating children's ministries and regular meeting times. At least 12 new believers in 2021 are being nurtured in their faith, and reaching out to others in their communities..

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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 (2021)

Revenue Breakdown

Contributions & Grants $262,928
Program Service Revenue $0
Investment Income $7
Other Revenue $0
TOTAL REVENUE $262,935

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,162
Fundraising Expenses $34,961
Program Expenses $89,993
Other Expenses $119,081
TOTAL EXPENSES $217,243

Year-over-Year Comparison

2021 2020 Change
Revenue $262,935 $121,799 +1.2%
Expenses $217,243 $135,829 +0.6%
Net Income $45,692 $-14,030 -4.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
6

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
4
$81,561
Total Directors
7
$81,561
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Allen Mann Jr President 40
Officer Director
$45,163 $36,398 $81,561
Edward G Dubell Treasurer 15
Officer Director
$0 $0 $0
Stephanie Sheree Mann Vice President 15
Officer Director
$0 $0 $0
Wm Lee Spivey Director 1
Director
$0 $0 $0
Ronald G Mikeworth Director 1
Director
$0 $0 $0
Thomas Cosper Secretary 1
Officer Director
$0 $0 $0
Randy Wilcox Director 1
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
2021 $262,935 $217,243 $104,375 $45,692
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