GRACE PLACE MINISTRIES

EIN: 823406224 501(c)(3) Religion

Redding, CA

Total Revenue
$360,192
Total Expenses
$321,305
Total Assets
$135,071
Net Assets
$128,540
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
Daniel Newton
Phone
5307108650
Tax Period
2021-01-01 to 2021-12-31

GRACE PLACE MINISTRIES, founded in 2017, is a small nonprofit in the Religion sector that reported $360K in total revenue in fiscal year 2021. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $321K left a modest 11% surplus.

Mission

Religious Organization with a primary purpose to raise up mature men & women who know there identity & value in Christ. From that integrity, honor, and character will manifest in there life. Mission Statement: Disciple young adults. Minister around the world. Resource the nations.

Program Service Accomplishments

Program 1
Expenses: $111,801 Revenue: $0

Discipleship Ministry - We allow our leadership volunteers/staff to raise money via supporters to be able to invest more time into the ministry. This allows them to pour into and disciple people that...

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Discipleship Ministry - We allow our leadership volunteers/staff to raise money via supporters to be able to invest more time into the ministry. This allows them to pour into and disciple people that want to live in our houses and be a part of our community. As well as pour into and disciple our donors. It also allows time to build the ministry itself via time going into networking, fundraising, and marketing to keep us sustainable. Volunteers grow in their leadership and responsibility skills. It gives them time to be around the founder of the ministry to disciple and mentor them. The money raised pays for there living expenses during the year.

Program 2
Expenses: $19,449 Revenue: $0

Ministry Trips - Leadership Team/Volunteer Staff can travel with founder/director as he gets invited to speak at churches & ministers around the world. This benefits around 25. The number of people...

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Ministry Trips - Leadership Team/Volunteer Staff can travel with founder/director as he gets invited to speak at churches & ministers around the world. This benefits around 25. The number of people affected at the churches through our ministry, preaching, teaching, & encouragement is in the thousands. The leadership team/volunteer staff learn how to lead a ministry trip, ministering at a church, how to honor pastors/host homes, etc.

Program 3
Expenses: $8,475 Revenue: $0

Beginning of the Year Retreat - Organization takes our leadership team/volunteer staff on a retreat for three days in which we teach on building character, integrity, connection, and life skills that...

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Beginning of the Year Retreat - Organization takes our leadership team/volunteer staff on a retreat for three days in which we teach on building character, integrity, connection, and life skills that they will need in life. These retreats strengthen there walk with the Lord and are a huge encouragement to each person. People affected would be around 25-35.

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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 $360,192
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $360,192

Expense Breakdown

Grants Paid $3,755
Salaries & Benefits $83,273
Fundraising Expenses $0
Program Expenses $150,680
Other Expenses $234,277
TOTAL EXPENSES $321,305

Year-over-Year Comparison

2021 2020 Change
Revenue $360,192 $318,387 +0.1%
Expenses $321,305 $233,124 +0.4%
Net Income $38,887 $85,263 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
19

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Newton Founder/Director 40
Officer Director
$0 $0 $0
Frank Bell Board Member 0
Director
$0 $0 $0
Josh Montavon Board Member 0
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
2021 $360,192 $321,305 $135,071 $38,887
2020 $318,387 $233,124 $116,050 $85,263
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