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← GRACE IN ACTION COLLECTIVES

Form 990 for tax year 2022

Filed by GRACE IN ACTION COLLECTIVES.

Totals

Total revenue
$431,228
Total expenses
$405,855
Contributions and grants received
$424,982
Grants paid
$0
Program service revenue
$6,246
Investment income
$0
Other revenue
$0
Total assets, end of year
$437,126
Total liabilities, end of year
$2,160
Net assets or fund balances, end of year
$434,966
Program services expenses (Part IX)
$385,121
Management and general expenses
$20,734
Fundraising expenses
$0
Program service expenses (Part III)
$385,121

Program services were 94.9% 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

    $424,982

  • 2a · Program service revenue: RADICAL PRODUCTIONS

    total $3,900 · related or exempt $3,900

  • 2b · Program service revenue: EQUITABLE INTERNET INITIATIVE

    total $2,346 · related or exempt $2,346

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $61,238 · program services $61,238

  • 7 · Other salaries and wages

    total $111,216 · program services $111,216

  • 9 · Other employee benefits

    total $27,309 · program services $27,309

  • 10 · Payroll taxes

    total $16,935 · program services $16,935

  • 11c · Fees: accounting

    total $9,293 · management and general $9,293

  • 13 · Office expenses

    total $12,508 · program services $1,067 · management and general $11,441

  • 16 · Occupancy

    total $6,600 · program services $6,600

  • 19 · Conferences, conventions and meetings

    total $2,032 · program services $2,032

  • 22 · Depreciation, depletion and amortization

    total $11,556 · program services $11,556

  • 23 · Insurance

    total $4,492 · program services $4,492

  • 24a · Other expenses: CONTRACTED CONSULTANTS

    total $112,695 · program services $112,695

  • 24b · Other expenses: COOPERATIVE INCUBATIOR

    total $16,594 · program services $16,594

  • 24c · Other expenses: COOPERATIVE INCUBATOR

    total $6,326 · program services $6,326

  • 24d · Other expenses: MATERIALS & SUPPLIES

    total $5,470 · program services $5,470

  • 24e · All other expenses

    total $1,591 · program services $1,591

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $395,717 · end of year $342,881

  • 10a · Land, buildings and equipment: cost or other basis

    $113,908

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,663

  • 10c · Land, buildings and equipment, net

    beginning of year $15,376 · end of year $94,245

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,500 · end of year $2,160

  • 27 · Net assets without donor restrictions

    beginning of year $59,537 · end of year $95,507

  • 28 · Net assets with donor restrictions

    beginning of year $350,056 · end of year $339,459

Mission and programs · 2022

Mission

GRACE IN ACTION IS A DETROIT BASED NONPROFIT THAT INVESTS ITS RESOURCES IN THE PROJECTS DETERMINED BY THE COMMUNITY'S NEED AND VISION.

  • COOPERATIVE INCUBATION PROGRAM IS WHERE THE ORGANIZATION TRAINS AND SUPPORTS NEW COOPERATIVE DEVELOPMENTS IN SOUTHWEST DETROIT AREA.

    Expenses $112,695

  • STITCHING UP DETROIT YOUTH PRINT AND DESIGN COLLECTIVES PROVIDE GRAPHIC DESIGN AND SCREEN PRINT SERVICES AND TRAINING

    Expenses $13,387

  • EQUITABLE INTERNET INITIATIVE OF SOUTHWEST IS IN THE PROCESS OF DEVELOPING A WORKER OWNED, UTILITY COOPERATIVE TO CONTINUE TO INCREASE INTERNET ACCESS AND INCREASE INTERNET KNOWLEDGE BY OFFERING TRAINING.

    Expenses $250,114

  • OTHER PROGRAMS- RADICAL PRODUCTIONS.

    Expenses $8,925

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Meghan Sobocienski

    EXECUTIVE DI

    Total calculated
    $61,238
    From this org
    $61,238
    From related orgs
    $0
    Other
    $0
    Hours/week
    30
  • David Camarena

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Angeles Cervantes

    MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Pastor John Cummings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Anthony Ellis

    MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Jamila Martin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Ashley McLeod

    MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Hector Rey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Shiva Shamir

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Carolina Torres

    DIRECTOR

    Total calculated
    $0
  • Carlos Valdovinos

    MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Valinda Vincent

    TREASURER

    Total calculated
    $0
    Hours/week
    15

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
2022
Filed
22 November 2023
IRS schema version
2022v5.0
Source object
202303499349301725

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