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Gracies Promise

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

EIN: 271430256 ✦ Torrington, WY ✦ Designated as a 501(c)(3)

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Overview

What is Gracies Promise?

Gracie's Promise is a nonprofit organization dedicated to assisting families with children under 18 who are confronting catastrophic medical situations. In 2020, the organization distributed a total of $38,200 in monthly stipends to support these families in need. Funds were raised through various channels, such as the Festival of Trees event ($5,270), memorial donations ($1,650), and cash contributions ($17,330). Besides financial aid, Gracie's Promise offers three additional support programs to further assist these families during their difficult times.

Is Gracies Promise legitimate?

Gracies Promise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gracies Promise submitted a form 990EZ, 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.

What is the mission statement of Gracies Promise?

Gracie's Promise, as an organization, focuses on providing financial aid to families with children under 18 who are dealing with catastrophic medical situations. In 2020, they distributed a total of $38,200 in monthly stipends to families in need, raising funds through various sources such as the Festival of Trees, memorial donations, and direct cash contributions. Beyond financial assistance, Gracie's Promise also offers three additional support programs to aid these families. The organization's mission is centered around alleviating the financial burden of medical crises for eligible families, thereby providing them with essential support during challenging times.

Who is the CEO of Gracies Promise?

Mary Houser is the President of Gracies Promise.

What is the revenue of Gracies Promise?

Gracies Promise's revenue in 2023 was $33,108.

Who are the executives of Gracies Promise and what are their salaries?


Here are 4 key members and their salaries:


Mary Houser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bud Watson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Syd Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Klemola (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Gracies Promise?

Gracies Promise's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Gracies Promise

Gracie's Promise is a nonprofit organization that dedicates its efforts to supporting families with children under 18 who are grappling with catastrophic medical circumstances. Its primary mission is to provide financial assistance to these families in need, offering them monthly stipends. In 2020, Gracie's Promise distributed a total of $38,200 through various sources, including funds raised at the Festival of Trees, memorial donations established in Gracie's honor, and direct cash contributions.

Beyond its financial aid program, Gracie's Promise also operates three additional support initiatives. These programs aim to provide holistic assistance to families facing significant medical challenges, ensuring they can focus on their children's recovery instead of dealing with financial strain. By offering these comprehensive services, Gracie's Promise strives to ease the burden on families and contribute to their overall well-being during challenging times.

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Impact




August, 2024

Gracie's Promise has a significant impact on families with children under 18 who are facing catastrophic medical circumstances. In 2020 alone, the organization provided monthly stipends totaling $38,200 to support these families. This financial assistance plays a crucial role in helping alleviate the financial burdens that often accompany such difficult situations. Additionally, the organization's support programs, in addition to the financial aid, further contribute to improving the quality of life for these families. Through various means of fundraising, such as the Festival of Trees and cash donations, Gracie's Promise demonstrates a tangible commitment to making a positive difference in the lives of those in need.




This information is meant to be a general summary of Gracies Promise. 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
$33,108 (2023)
Expenses
$29,745 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $825
  • Gross Receipts: $34,643

Assets and Liabilities:

  • Total Assets: $118,810
  • Total Liabilities: $0
  • Net Assets: $118,810

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Organization Details

Principal Officer

Mary Houser

Main Address

P O BOX 1366, TORRINGTON, WY, 82240

NTEE Category

Code: P60 - Human services

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