Skip to content
Nonprofiteer
← SAVING GRACE INC

Form 990 for tax year 2024

Filed by SAVING GRACE INC.

Totals

Total revenue
$2,536,686
Total expenses
$1,193,689
Contributions and grants received
$2,500,224
Grants paid
$0
Program service revenue
$4,696
Investment income
$87,089
Other revenue
-$55,323
Total assets, end of year
$6,722,632
Total liabilities, end of year
$1,907,396
Net assets or fund balances, end of year
$4,815,236
Program services expenses (Part IX)
$947,336
Management and general expenses
$70,115
Fundraising expenses
$176,238
Program service expenses (Part III)
$947,336

Program services were 79.4% 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.

  • 1c · Fundraising events

    $450,836

  • 1f · All other contributions, gifts and grants

    $2,049,388

  • 1g · Noncash contributions included above

    $105,146

  • 2a · Program service revenue: RENTAL INCOME

    total $4,696 · related or exempt $4,696

  • 3 · Investment income

    total $87,089 · excluded $87,089

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $450,836

  • 8b · Fundraising events: direct expenses

    $61,860

  • 8c · Net income from fundraising events

    total -$61,860 · excluded -$61,860

  • 11a · Other revenue: MISCELLANEOUS

    total $6,537 · related or exempt $6,537

  • 11e · Other revenue, total

    $6,537

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $85,141 · program services $55,342 · management and general $8,514 · fundraising $21,285

  • 7 · Other salaries and wages

    total $446,938 · program services $290,509 · management and general $44,694 · fundraising $111,735

  • 11a · Fees: management

    total $18,710 · program services $16,839 · fundraising $1,871

  • 12 · Advertising and promotion

    total $104,548 · program services $78,935 · fundraising $25,613

  • 13 · Office expenses

    total $37,902 · program services $34,112 · management and general $1,895 · fundraising $1,895

  • 16 · Occupancy

    total $28,935 · program services $28,935

  • 19 · Conferences, conventions and meetings

    total $9,940 · program services $8,449 · management and general $1,491

  • 20 · Interest

    total $62,654 · program services $62,654

  • 22 · Depreciation, depletion and amortization

    total $53,140 · program services $47,826 · management and general $5,314

  • 23 · Insurance

    total $24,462 · program services $24,462

  • 24a · Other expenses: IN-KIND

    total $95,146 · program services $95,146

  • 24b · Other expenses: RESIDENT EXPENSES

    total $74,252 · program services $74,252

  • 24c · Other expenses: MISCELLANEOUS

    total $44,803 · program services $38,083 · management and general $4,480 · fundraising $2,240

  • 24d · Other expenses: TRAINING & STAFF DEVELO

    total $25,290 · program services $22,760 · management and general $1,265 · fundraising $1,265

  • 24e · All other expenses

    total $81,828 · program services $69,032 · management and general $2,462 · fundraising $10,334

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $305,766 · end of year $872,153

  • 2 · Savings and temporary cash investments

    beginning of year $1,240,827 · end of year $1,046,837

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

    $5,010,745

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

    $207,708

  • 10c · Land, buildings and equipment, net

    beginning of year $3,878,535 · end of year $4,803,037

  • 15 · Other assets

    beginning of year $500 · end of year $605

  • 23 · Secured mortgages and notes payable

    beginning of year $1,953,389 · end of year $1,907,396

  • 27 · Net assets without donor restrictions

    beginning of year $2,919,803 · end of year $4,178,076

  • 28 · Net assets with donor restrictions

    beginning of year $552,436 · end of year $637,160

Mission and programs · 2024

Mission

SAVING GRACE'S MISSION IS ALL ABOUT HELPING YOUNG WOMEN, AGES 17-25, IN TRANSITION(I.E. AGING OUT OF FOSTER CARE, GROUP HOMES, HOMELESS, LACKING SUSTAINING RELATIONSHIPS) BY PROVIDING AN AFFORDABLE AND SAFE PLACE TO LIVE, OFFERING GROWTH OPPORTUNITIES AND ASSISTING THE YOUNG WOMEN TO DEVELOP SUPPORTIVE RELATIONSHIPS IN A CHRISTIAN CENTERED ENVIRONMENT.

Activities or mission (Part I)

SAVING GRACE'S MISSION IS TO ASSIST YOUNG WOMEN, AGES 17-25, DURING THE TRANSITION TO ADULTHOOD.

  • DURING THE LAST FISCAL YEAR 13 YOUNG WOMEN CALLED SAVING GRACE HOME. DURING THEIR STAY THEY ARE PROVIDED LIMITED MEALS; A SAFE ENVIRONMENT; AND GUIDANCE IN PURSUING FUTURE EDUCATIONAL AND JOB OPPORTUNITIES. THE HOME CONTAINS BOTH PRIVATE AND SHARED SPACE SO RESIDENTS CAN DEVELOP SELF-DISCIPLINE AND INTERPERSONAL SKILLS. ADDITIONALLY, DURING THE LAST FISCAL PERIOD THERE WERE 150 REFERRALS AND 154 APPLICANTS APPLIED TO THE PROGRAM AND WE CELEBRATED 2 GRADUATES.THE ORGANIZATION IS CURRENTLY REMODELING/RENOVATIING GRACE HOUSE WHICH WILL ADD 18 ADDITIONAL SPACES FOR YOUNG WOMEN.

    Expenses $947,336

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Josh Walker

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Riffle

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Adrienne Woods

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Lauren Greenhaw

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matthew Lewis

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Brandi Mallard

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tyler Hyde

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Dave Lange

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Heather Kees

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Toby Dible

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris Latimer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Patrick Eggleston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Drew Person

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brandon Lyttle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Heather Johnston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rebekah Shaffer

    EXECUTIVE DIRECTOR

    Total calculated
    $85,141
    From this org
    $85,141
    From related orgs
    $0
    Other
    $0
    Hours/week
    45

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
12 November 2025
IRS schema version
2024v5.2
Source object
202513189349307061

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.