Overview
What is In Grace Ministries?
In Grace Ministries is a nonprofit organization situated in Lake Zurich, Illinois, specifically at 24126 N Quentin Rd. Their primary mission is to proclaim the message of Christ while also providing humanitarian aid globally. With a workforce of 18 dedicated individuals, they strive to make a positive impact in various parts of the world. Their activities largely revolve around spreading the word of Christianity and extending aid to those in need, thereby encompassing both spiritual and humanitarian aspects.
Official website here: www.victoryingrace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating. This score reflects a solid performance in the realm of accountability and finance, indicating that In Grace Ministries is generally well-managed in these areas. The charity's score is derived entirely from a single beacon score, which shows that it maintains a strong position in financial integrity.
The organization demonstrates commendable governance practices, as evidenced by its fully independent board members and absence of material diversion of assets. It also excels in maintaining a high program expense ratio, allocating 88.14% of its funds directly to programs, which suggests that a significant majority of its resources are dedicated to fulfilling its mission.
However, there is a notable absence of a whistleblower policy, which may raise concerns about transparency and internal governance. While the charity performs well in most metrics, addressing this gap could enhance its accountability framework and overall trustworthiness in the eyes of donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is In Grace Ministries legitimate?
In Grace Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. In Grace Ministries 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: $650,114
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Official website here: www.victoryingrace.org
What is the mission statement of In Grace Ministries?
In Grace Ministries is dedicated to spreading the message of Christ and providing humanitarian aid on a global scale. Their mission is to serve in this capacity, extending aid to people around the world. Through their efforts, they aim to promote the teachings of Christ while also addressing humanitarian needs. The organization's activities focus on proclaiming Christ and offering aid, reaching out to individuals and communities worldwide.
Official website here: www.victoryingrace.org
Who is the CEO of In Grace Ministries?
James Scudder Jr is the President of In Grace Ministries.
Official website here: www.victoryingrace.org
What is the revenue of In Grace Ministries?
In Grace Ministries's revenue in 2022 was $1,668,492.
Official website here: www.victoryingrace.org
Who are the executives of In Grace Ministries and what are their salaries?
The average compensation at In Grace Ministries during 2022 was $36,117. There are 18 employees and 30 volunteers at In Grace Ministries.
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Official website here: www.victoryingrace.org
Where can I find the form 990 for In Grace Ministries?
In Grace Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.victoryingrace.org
Learn more at the official website: www.victoryingrace.org
Mission Statement of In Grace Ministries
In Grace Ministries, a dedicated nonprofit organization, is committed to proclaiming the message of Christ and extending humanitarian aid worldwide. Their mission is centered around spreading the word of Christianity and offering aid to individuals and communities in need, regardless of their location. The organization's efforts are geared towards making a tangible impact on people's lives by sharing the teachings of Christ and providing essential aid, thereby extending a helping hand to those in need across the globe.
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Impact
October, 2024
In Grace Ministries has a significant impact by focusing on two primary areas: proclaiming the message of Christ and extending humanitarian aid globally. Through its outreach efforts, the organization seeks to share the teachings of Christianity while actively addressing pressing needs in various communities. This dual mission not only fosters spiritual growth among individuals but also provides tangible support to those facing hardship. By working in diverse regions and collaborating with local partners, In Grace Ministries helps improve lives through both spiritual guidance and practical assistance, making a meaningful contribution to both faith and humanitarian efforts worldwide.
This information is meant to be a general summary of In Grace Ministries. 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: $6,320
- Program Service Revenue: $85,815
- Gross Receipts: $1,868,492
Assets and Liabilities:
- Total Assets: $747,113
- Total Liabilities: $345,921
- Net Assets: $401,192
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Publications/Products
Revenue
$84,567
Tours
Revenue
$1,248
Organization Details
Founding Year
2001
Phone
(847) 438-4494Principal Officer
James Scudder Jr
Main Address
24126 N Quentin Rd, Lake Zurich, IL, 60047
Website
www.victoryingrace.orgNTEE Category
Code: X20 - Religion related
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