Overview
What is Grace And Mercy Charitable Fndn?
Grace And Mercy Charitable Fndn is a multifaceted charitable organization based in Lodi, California. With a mission to improve its community, the foundation primarily focuses on providing food and essential supplies to low-income families, primarily in San Joaquin and surrounding counties. It aids local food banks and other charitable organizations in their efforts to combat hunger. The foundation also offers resources to empower individuals, such as opportunities for voting and volunteer work, which can help build work experience and a sense of camaraderie. With a dedicated team of 17 employees, Grace And Mercy Charitable Fndn plays an essential role in supporting its community's well-being.
Official website here: www.gracemercyfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 62%)
Grace And Mercy Charitable Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas. The organization scored 62% overall, with particular strengths in having a fully independent board and a high program expense ratio of over 95%. These factors suggest that a significant portion of their resources is directed towards their charitable programs rather than administrative costs.
However, the foundation's financial transparency is notably lacking, as it received no points for financial statements and has not posted essential documents, such as their tax form, on their website. This lack of documentation raises concerns about accountability and may hinder potential donors from fully understanding the organization's financial health. Additionally, while there are no material diversions of assets reported, the high liabilities to assets ratio of 87.90% indicates potential financial risks that require attention.
In conclusion, while Grace And Mercy Charitable Foundation demonstrates commitment through its independent governance and effective program spending, its financial reporting and transparency require significant improvement to build trust and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Grace And Mercy Charitable Fndn legitimate?
Grace And Mercy Charitable Fndn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace And Mercy Charitable Fndn 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: $81,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,601
For more financial information, click here
Official website here: www.gracemercyfoundation.com
What is the mission statement of Grace And Mercy Charitable Fndn?
Grace and Mercy Charitable Foundation is a multifaceted charitable organization dedicated to providing food and supplies to those in need, primarily focusing on low-income families in San Joaquin and surrounding counties. The foundation supports local food banks and other charitable organizations to help alleviate hunger. Additionally, it offers various services and resources to empower individuals, such as voter registration and volunteer opportunities to gain work experience and build camaraderie.
Official website here: www.gracemercyfoundation.com
Who is the CEO of Grace And Mercy Charitable Fndn?
Cheryl Francis is the President of Grace And Mercy Charitable Fndn.
Official website here: www.gracemercyfoundation.com
What is the revenue of Grace And Mercy Charitable Fndn?
Grace And Mercy Charitable Fndn's revenue in 2022 was $1,840,438.
Official website here: www.gracemercyfoundation.com
Who are the executives of Grace And Mercy Charitable Fndn and what are their salaries?
The average compensation at Grace And Mercy Charitable Fndn during 2022 was $6,134. There are 17 employees and 90 volunteers at Grace And Mercy Charitable Fndn.
Here are 7 key members and their salaries:
- Compensation: $56,833
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $1,120
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $23,720
Official website here: www.gracemercyfoundation.com
Where can I find the form 990 for Grace And Mercy Charitable Fndn?
Grace And Mercy Charitable Fndn's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gracemercyfoundation.com
Learn more at the official website: www.gracemercyfoundation.com
Mission Statement of Grace And Mercy Charitable Fndn
Grace And Mercy Charitable Foundation is a multifaceted charitable organization that is committed to providing food and supplies to individuals in need. The foundation primarily focuses on assisting local food banks and other charitable organizations in San Joaquin and surrounding counties to help feed low or no-income families. Beyond this, the foundation offers services and resources that empower others to help themselves. This includes voter registration and voting opportunities, as well as volunteer opportunities that provide work experience and foster a sense of camaraderie. The mission of Grace And Mercy Charitable Foundation is to make a difference in the lives of those in need, not only by providing essential resources but also by creating opportunities for self-sufficiency and community engagement.
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Impact
October, 2024
Grace And Mercy Charitable Foundation makes a significant impact by providing essential food and supplies to individuals and families in need, particularly those with low or no income in San Joaquin and surrounding counties. By assisting local food banks and other charitable organizations, the foundation ensures that vulnerable populations receive adequate nourishment.
In addition to addressing immediate food security challenges, the foundation empowers communities by offering resources and services that foster self-sufficiency. This includes facilitating voter registration and providing opportunities for individuals to volunteer, allowing them to gain valuable work experience while building camaraderie. Overall, the foundation's multifaceted approach not only alleviates hunger but also works towards lifting the community, aiming to leave it better than they found it.
This information is meant to be a general summary of Grace And Mercy Charitable Fndn. 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 2022.
- Investment Income: $18
- Program Service Revenue: $213,780
- Gross Receipts: $1,840,438
Assets and Liabilities:
- Total Assets: $299,398
- Total Liabilities: $263,175
- Net Assets: $36,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOS MEAL DELIVERY
Revenue
$213,780
Organization Details
Founding Year
2011
Phone
(209) 224-5273Principal Officer
Cheryl Francis
Main Address
POST OFFICE BOX 2236, LODI, CA, 95241
Website
www.gracemercyfoundation.comNTEE Category
Code: P20 - Human services
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