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Grace Summit Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201381671 ✦ Roswell, GA ✦ Designated as a 501(c)(3)

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Overview

What is Grace Summit Inc?

Grace Summit Inc is a nonprofit organization situated in Roswell, Georgia, devoted to offering discipleship counseling and retreat ministry. Their primary mission is to aid individuals and families who have experienced a loss of hope in various aspects of their lives, such as work, marriages, faith, and overall well-being. To achieve this goal, Grace Summit provides counseling services to help guide people back onto a positive path. Through these counseling sessions, they aim to restore harmony and purpose, allowing individuals to rediscover their inner strength and resilience.


Official website here: www.gracesummitinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 44%

Grace Summit Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns in accountability and finance. The organization's overall score is driven entirely by its accountability and finance beacon, which scored 44%. This low rating highlights important areas for improvement, particularly in governance and policy adherence.

The nonprofit has a concerning lack of independent board members, with only 1 out of 10 points awarded for that category. Additionally, it does not have key policies in place, such as a conflict of interest policy, a whistleblower policy, or a document retention policy. While there have been no material diversions of assets, which received the maximum score, the overall governance issues present a troubling picture of the organization's management and operational transparency.

On a positive note, Grace Summit Inc has a favorable liabilities to assets ratio of 0.00%, indicating financial stability. Furthermore, the organization allocates 60% of its expenses to program services. However, without effective governance and accountability mechanisms, concerns remain about its long-term sustainability and trustworthiness as a nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Grace Summit Inc legitimate?

Grace Summit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Summit Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $51,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gracesummitinc.org

What is the mission statement of Grace Summit Inc?

Grace Summit Inc is dedicated to providing discipleship counseling and retreat ministry. Their mission is to aid individuals and families who have lost their way in various aspects of life, including work, marriages, faith, and personal well-being. They offer counseling services to help guide people back onto a positive path. The organization's primary goal is to restore hope and provide a supportive environment for personal growth and spiritual renewal.


Official website here: www.gracesummitinc.org

Who is the CEO of Grace Summit Inc?

Unavailable The CEO's salary of Grace Summit Inc is $0 and their total compensation is $0.


Official website here: www.gracesummitinc.org

What is the revenue of Grace Summit Inc?

Grace Summit Inc's revenue in 2022 was $91,988.


Official website here: www.gracesummitinc.org

Who are the executives of Grace Summit Inc and what are their salaries?

The average compensation at Grace Summit Inc during 2022 was $51,500. There is 1 employee at Grace Summit Inc.


Here are 2 key members and their salaries (Grace Summit Inc's CEO's salary is $0 and their total compensation is $0):


Gregory Bishop (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George M Spessard (Ceoexecutive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gracesummitinc.org

Where can I find the form 990 for Grace Summit Inc?

Grace Summit Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gracesummitinc.org

Learn more at the official website: www.gracesummitinc.org

Mission Statement of Grace Summit Inc

Grace Summit Inc, a nonprofit organization, is dedicated to offering discipleship counseling and retreat ministry. Their mission is to provide support and guidance to individuals and families who have found themselves feeling lost in various aspects of their lives, including their work, marriages, faith, and overall sense of purpose. By offering counseling services, Grace Summit aims to help these individuals find their way back to a more positive and fulfilling path. This nonprofit organization is committed to restoring hope and providing a fresh perspective, ultimately helping individuals and families regain balance and stability in their lives.

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Impact




October, 2024

Grace Summit Inc offers transformative discipleship counseling and retreat experiences aimed at individuals and families facing feelings of hopelessness in various aspects of their lives, including work, marriage, and faith. Located in Roswell, GA, they focus on restoring hope and guiding clients back to a fulfilling path. Through personalized counseling services, Grace Summit addresses the unique challenges that each individual or family faces, fostering emotional healing and spiritual growth. Their retreat ministry provides a serene environment where participants can reflect, recharge, and reconnect with their core beliefs, ultimately leading to renewed purpose and direction in life. By prioritizing the well-being of their clients, Grace Summit plays a vital role in nurturing resilience and enriching the community’s spiritual fabric.




This information is meant to be a general summary of Grace Summit Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$91,988 (2022)
Expenses
$77,897 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $91,988
  • Gross Receipts: $91,988

Assets and Liabilities:

  • Total Assets: $17,647
  • Total Liabilities: $0
  • Net Assets: $17,647

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DISCIPLESHIP COUNSELING

Revenue

$53,566

GENERAL DONATIONS

Revenue

$38,422

Organization Details

Founding Year

2004

Main Address

515 E CROSSVILLE RD STE 240, ROSWELL, GA, 30075

NTEE Category

Code: X20 - Religion related

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