Overview
What is Grace Press Inc?
Grace Press Inc is a nonprofit organization situated in Ephrata, Pennsylvania. With a workforce of 19 individuals, they are dedicated to sharing knowledge and resources through various means. Their core activities involve shipping literature to different parts of the world, printing literature for international distribution, and even donating literature to overseas missions. They invest in the labor of their printing shop, store, and general employees, as well as the materials and other costs associated with their operations. This nonprofit organization is committed to spreading information and aiding communities beyond their local boundaries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Grace Press Inc has earned a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with an impressive overall score of 87%. The organization has achieved full points in several key areas, including having a fully independent board and robust financial oversight mechanisms. These factors indicate a commitment to transparency and good governance.
The charity demonstrates remarkable efficiency in its program expenses, with a program expense ratio of 97.07%, showcasing its focus on delivering services rather than excessive administrative costs. Additionally, the organization has a remarkable fundraising efficiency ratio, indicating that it operates without any fundraising costs. Such financial prudence enables Grace Press Inc to maximize its impact on the communities it serves.
While the data highlights several strengths, the overall rating is still below the highest tier. This suggests that there may be some areas for improvement, even though no significant weaknesses have been reported. Overall, Grace Press Inc appears to be a well-managed nonprofit that effectively utilizes its resources to further its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Press Inc legitimate?
Grace Press Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Press 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,969
For more financial information, click here
What is the mission statement of Grace Press Inc?
Grace Press Inc's primary mission involves shipping literature overseas and printing literature for international distribution. They also extend their efforts by donating literature to overseas missions. In essence, Grace Press Inc aims to spread knowledge and resources globally, contributing to various missions and communities abroad through their literary initiatives. Their operations encompass the costs associated with shipping, printing, and donating literature, as well as managing labor and materials within their print shop and retail outlets.
Who is the CEO of Grace Press Inc?
Dwight D Derstine is the Treasurer of Grace Press Inc.
What is the revenue of Grace Press Inc?
Grace Press Inc's revenue in 2023 was $6,106,913.
Who are the executives of Grace Press Inc and what are their salaries?
The average compensation at Grace Press Inc during 2023 was $4,419. There are 19 employees and 118 volunteers at Grace Press Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Grace Press Inc?
Grace Press Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Grace Press Inc
Grace Press Inc, a nonprofit organization, is dedicated to a mission that extends beyond its borders. Its primary focus is on shipping literature overseas, printing literature specifically designed for this purpose, and donating this literature to various overseas missions. This mission is twofold, aiming to facilitate the dissemination of literature and supporting overseas missions through material donations. The organization's activities involve covering the costs associated with shipping literature overseas, printing literature for this purpose, and donating these resources to various overseas missions. The team at Grace Press Inc also manages a print shop, a store, and employs general staff, all of whom contribute to the realization of this mission. Additionally, the organization incurs various costs related to materials used in printing and other operations, ensuring the successful execution of its mission to support overseas initiatives through literature.
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Impact
October, 2024
Grace Press Inc plays a vital role in the dissemination of religious literature across the globe. By shipping and printing literature specifically for overseas missions, they ensure that valuable resources are accessible in regions where such materials may be scarce. Their comprehensive program encompasses the costs associated with shipping, printing, and donating literature, which highlights their commitment to supporting global outreach efforts.
Located in Ephrata, PA, Grace Press Inc operates a print shop that not only produces literature but also engages a team of dedicated employees, contributing to local employment and skill development. The materials used for printing are carefully sourced to maintain the quality and impact of the literature distributed.
Through their initiatives, Grace Press Inc empowers various missions by equipping them with essential resources to share their messages effectively, thereby fostering spiritual growth and community engagement in diverse environments. Their efforts exemplify a strong commitment to enhancing religious education and support in communities worldwide.
This information is meant to be a general summary of Grace Press 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,738
- Gross Receipts: $7,002,668
Assets and Liabilities:
- Total Assets: $4,259,977
- Total Liabilities: $290,728
- Net Assets: $3,969,249
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Organization Details
Founding Year
1997
Principal Officer
Dwight D Derstine
Main Address
2175 DIVISION HWY, Ephrata, PA, 17522
NTEE Category
Code: X99Z - Religion related
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