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Friends Of Grace

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

EIN: 300154657 ✦ Placentia, CA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Grace?

Friends of Grace is a nonprofit organization situated in Placentia, California, with a mission to spread the message of Jesus Christ. They achieve this goal through various means, including offering medical treatments, supporting seminary studies abroad, and providing dental care. Additionally, they conduct English Bible training classes and offer theological education in Asia and Africa. Their purpose is to uplift and assist individuals, sharing their faith and promoting spiritual growth alongside essential healthcare services.


Official website here: www.friendsofgrace.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Friends Of Grace has received a solid score of 81%, reflecting a strong emphasis on accountability and finance. The organization benefits from an entirely independent board, which contributes positively to its governance structure. Furthermore, it has demonstrated commendable financial practices, evidenced by a remarkably high program expense ratio of 99.22%, indicating that most of its resources are directed towards its mission.

The charity has implemented various policies that enhance transparency and ethical standards, such as a conflict of interest policy and a whistleblower policy, both of which are fully documented. Additionally, there has been no material diversion of assets, showcasing the integrity of its operations. The organization's strong financial health is further supported by a liabilities to assets ratio of 0.00%.

While the overall rating reflects robust performance in these areas, potential donors might consider looking for additional information on the impact of its programs and services to better understand the effectiveness of their contributions. Nonetheless, Friends Of Grace demonstrates a commendable commitment to maintaining accountability and financial integrity.


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

Is Friends Of Grace legitimate?

Friends Of Grace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Grace 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.friendsofgrace.org

What is the mission statement of Friends Of Grace?

Friends of Grace is an organization dedicated to sharing the gospel of Jesus Christ. They achieve this mission through various means, primarily medical and dental treatments, English Bible training classes, and theological education. Furthermore, the organization supports seminary studies in Asia and Africa. The primary objective is to reach out to people and share the Biblical message, aiming to make a positive impact in their lives.


Official website here: www.friendsofgrace.org

Who is the CEO of Friends Of Grace?

William Lui is the President of Friends Of Grace. The CEO's salary of Friends Of Grace is $36,000 and their total compensation is $36,000.


Official website here: www.friendsofgrace.org

What is the revenue of Friends Of Grace?

Friends Of Grace's revenue in 2022 was $1,082,922.


Official website here: www.friendsofgrace.org

Who are the executives of Friends Of Grace and what are their salaries?

The average compensation at Friends Of Grace during 2022 was $36,000. There is 1 employee and 75 volunteers at Friends Of Grace.


Here are 9 key members and their salaries (Friends Of Grace's CEO's salary is $36,000 and their total compensation is $36,000):


William Lui (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Wong (Vice President Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Wong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Tang (Board Member Ceo)
  • Compensation: $36,000
  • Related: $0
  • Other: $0
An Ly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Ngo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnney Lin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Ng (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Cao (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsofgrace.org

Where can I find the form 990 for Friends Of Grace?

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


Official website here: www.friendsofgrace.org

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

Mission Statement of Friends Of Grace

Friends of Grace, a nonprofit organization, is committed to spreading the gospel of Jesus Christ. They achieve this mission through various means, primarily focusing on medical and dental treatments. In addition to these health services, they also offer English Bible training classes and theological training. Their reach extends beyond their local community, as they also support seminary studies in Asia and Africa. By providing these resources, Friends of Grace aims to share the Biblical message with a global audience. Their goal is to not only provide physical healing but also to nurture spiritual growth, ultimately touching the lives of many individuals.

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Impact




October, 2024

Friends Of Grace significantly impacts communities in Asia and Africa by combining health services with spiritual outreach. By offering medical and dental treatments, they address immediate health needs while simultaneously sharing the gospel of Jesus Christ. This dual approach ensures that individuals receive essential care and also have the opportunity to engage with Biblical teachings.

In addition to healthcare, Friends Of Grace provides English Bible training classes and theological education, empowering local leaders to spread the gospel further. By supporting seminary studies abroad, they cultivate a generation of educated individuals equipped to lead and transform their communities spiritually.

Their efforts not only enhance health outcomes but also promote long-term community development through education and spiritual mentorship, fostering environments of hope and healing rooted in faith. Overall, Friends Of Grace serves as a vital bridge between health and faith, making a profound difference in the lives of those they reach.




This information is meant to be a general summary of Friends Of Grace. 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
$1,082,922 (2022)
Expenses
$1,243,701 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $881
  • Gross Receipts: $1,082,922

Assets and Liabilities:

  • Total Assets: $331,388
  • Total Liabilities: $0
  • Net Assets: $331,388

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Organization Details

Founding Year

2004

Principal Officer

William Lui

Main Address

415 W Chapman Ave, Placentia, CA, 92870

NTEE Category

Code: E99 - Health

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