Form 990 for tax year 2024
Filed by GRACE HOUSE MINISTRIES INCORPORATED.
Totals
- Total revenue
- $5,473,170
- Total expenses
- $2,744,405
- Contributions and grants received
- $4,294,069
- Grants paid
- $0
- Program service revenue
- $879,462
- Investment income
- $47,304
- Other revenue
- $252,335
- Total assets, end of year
- $7,281,445
- Total liabilities, end of year
- $189,512
- Net assets or fund balances, end of year
- $7,091,933
- Program services expenses (Part IX)
- $2,212,418
- Management and general expenses
- $244,937
- Fundraising expenses
- $287,050
- Program service expenses (Part III)
- $2,212,418
Program services were 80.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$4,294,069
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $879,462 · related or exempt $879,462
-
3 · Investment income
total $47,304 · excluded $47,304
-
8a · Fundraising events: gross income
$255,207
-
8b · Fundraising events: direct expenses
$25,185
-
8c · Net income from fundraising events
total $230,022 · excluded $230,022
-
11a · Other revenue: MISCELLANEOUS
total $22,313 · related or exempt $22,313
-
11e · Other revenue, total
$22,313
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $111,289 · program services $85,693 · management and general $11,129 · fundraising $14,467
-
7 · Other salaries and wages
total $1,183,793 · program services $911,520 · management and general $118,379 · fundraising $153,894
-
9 · Other employee benefits
total $173,114 · program services $133,298 · management and general $17,311 · fundraising $22,505
-
10 · Payroll taxes
total $112,071 · program services $86,295 · management and general $11,207 · fundraising $14,569
-
11b · Fees: legal
total $400 · program services $308 · management and general $40 · fundraising $52
-
11c · Fees: accounting
total $23,055 · program services $17,752 · management and general $2,306 · fundraising $2,997
-
11g · Fees: other
total $139,919 · program services $107,737 · management and general $13,993 · fundraising $18,189
-
13 · Office expenses
total $35,649 · management and general $35,649
-
14 · Information technology
total $23,264 · program services $17,913 · management and general $2,326 · fundraising $3,025
-
17 · Travel
total $14,404 · program services $13,684 · management and general $720
-
20 · Interest
total $6,471 · management and general $6,471
-
22 · Depreciation, depletion and amortization
total $144,459 · program services $111,233 · management and general $14,446 · fundraising $18,780
-
23 · Insurance
total $79,316 · program services $61,073 · management and general $7,932 · fundraising $10,311
-
24a · Other expenses: SPECIFIC ASSISTANCE
total $559,834 · program services $559,834
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $45,561 · program services $45,561
-
24c · Other expenses: UTILITIES
total $43,757 · program services $43,757
-
24d · Other expenses: SPECIAL EVENTS
total $25,922 · fundraising $25,922
-
24e · All other expenses
total $22,127 · program services $16,760 · management and general $3,028 · fundraising $2,339
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $925,375 · end of year $2,338,190
-
4 · Accounts receivable
beginning of year $1,862,217 · end of year $2,471,279
-
9 · Prepaid expenses and deferred charges
end of year $190
-
10a · Land, buildings and equipment: cost or other basis
$4,173,297
-
10b · Land, buildings and equipment: accumulated depreciation
$1,740,650
-
10c · Land, buildings and equipment, net
beginning of year $1,715,282 · end of year $2,432,647
-
15 · Other assets
beginning of year $39,139 · end of year $39,139
-
17 · Accounts payable and accrued expenses
beginning of year $29,128 · end of year $189,512
-
25 · Other liabilities
beginning of year $149,717 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $3,789,249 · end of year $6,518,014
-
28 · Net assets with donor restrictions
beginning of year $573,919 · end of year $573,919
Mission and programs · 2024
Mission
TO PROVIDE A STABLE CHRISTIAN HOME FOR GIRLS FROM CRISIS BACKGROUNDS.
-
THE CARE OF ABUSED AND NEGLECTED GIRLS THROUGH THE PURCHASE, RENOVATION, AND OPERATION OF GROUP HOMES, THEREBY PROVIDING A STABLE, CHRISTIAN HOME.
Expenses $2,212,418 · Revenue $901,775
As filed on the 2024 return.
Listed in Part VII
-
Boylan RustyBOYLAN RUSTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brown DavidBROWN DAVID
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christian EdCHRISTIAN ED
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Corey AprilCOREY APRIL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Floyd CathyFLOYD CATHY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hancock MarkHANCOCK MARK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hooper RosaHOOPER ROSA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Howton BarryHOWTON BARRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
McLean CarterMCLEAN CARTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Price ValeriePRICE VALERIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Smith AndreaSMITH ANDREA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Turner JohnTURNER JOHN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Waldrop SusanWALDROP SUSAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Weber KathieWEBER KATHIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Wright PeterWRIGHT PETER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Johnson Dan TJOHNSON DAN T
IMMEDIATE PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Jones Pastor MichaelJONES PASTOR MICHAEL
CHAPLAIN
- Total calculated
- $0
- Hours/week
- 1
-
Richards StewartRICHARDS STEWART
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Levant BillLEVANT BILL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Williams AnthonyWILLIAMS ANTHONY
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Walton DawnWALTON DAWN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Phipps PamelaPHIPPS PAMELA
EXECUTIVE DIRECTOR
- Total calculated
- $111,289
- From this org
- $111,289
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349314796
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.