Grace & Truth Inc

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

EIN: 370841451 ✦ Danville, IL ✦ Designated as a 501(c)(3)

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Overview

What is Grace & Truth Inc?

Grace & Truth Inc is a nonprofit evangelical, non-denominational Christian ministry based in Danville, Illinois. Their primary mission involves publishing and distributing Christian religious literature globally. This literature, which includes tracts, booklets, and magazines, is available in 12 different languages. Grace & Truth Inc. strives to send this literature to various countries, primarily focusing on the third world, with a total of 11,117,780 tracts, 73,000 booklets, 110,300 magazines, and 5,400 copies of a quarterly newsletter being shipped out during 2022. The organization's reach extends to approximately 90 countries, contributing to the spread of Christian teachings internationally. With a workforce of 4 individuals, Grace & Truth Inc. is dedicated to sharing the Word of God with a global audience.


Official website here: www.gtpress.org

Is Grace & Truth Inc legitimate?

Grace & Truth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace & Truth 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: $81,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gtpress.org

What is the mission statement of Grace & Truth Inc?

Grace & Truth Inc's mission revolves around publishing and distributing Christian religious literature. They specialize in producing tracts, booklets, and magazines in various languages, reaching out to numerous countries worldwide. The organization's primary objective is to spread the Gospel through free literature, aiming to educate and inspire Christians globally. In 2022, they printed and shipped over 11 million gospel tracts, 73,000 booklets, and 110,300 magazines, reaching approximately 90 countries, primarily in the third world.


Official website here: www.gtpress.org

Who is the CEO of Grace & Truth Inc?

Paul Alberts is the Secretary/Tr of Grace & Truth Inc.


Official website here: www.gtpress.org

What is the revenue of Grace & Truth Inc?

Grace & Truth Inc's revenue in 2022 was $306,408.


Official website here: www.gtpress.org

Who are the executives of Grace & Truth Inc and what are their salaries?

The average compensation at Grace & Truth Inc during 2022 was $20,405. There are 4 employees and 9 volunteers at Grace & Truth Inc.


Here are 5 key members and their salaries:


Alan Groth (Secretary/Tr)
  • Compensation: $37,376
  • Related: $0
  • Other: $0
Paul Alberts (President)
  • Compensation: $32,227
  • Related: $0
  • Other: $0
Paul T Van Ryn (Vice Preside)
  • Compensation: $10,556
  • Related: $0
  • Other: $0
Sam Hadley (Director)
  • Compensation: $1,460
  • Related: $0
  • Other: $0
David Pickering (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gtpress.org

Where can I find the form 990 for Grace & Truth Inc?

Grace & Truth Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gtpress.org

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

Mission Statement of Grace & Truth Inc

Grace & Truth Inc, a non-denominational Christian ministry, is dedicated to spreading the word of God globally. Their primary mission involves publishing and distributing Christian religious literature in various forms, including tracts, booklets, and magazines. This literature is available in as many as twelve languages, enabling them to reach a wide audience across numerous countries. Their distribution network extends to approximately ninety nations, predominantly in the third world.

Throughout 2022, Grace & Truth Inc successfully distributed 11,117,780 tracts, 73,000 booklets, 110,300 magazines, and 5,400 copies of their quarterly newsletter. The organization's literature serves as a valuable tool for spreading faith and understanding of the Bible. By providing this free Christian literature, Grace & Truth Inc aims to help individuals worldwide gain a deeper appreciation for the Word of God. Their mission is a testament to their commitment to spreading the message of Christianity across the globe.

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Impact




October, 2024

Grace & Truth Inc has a profound impact on communities worldwide through the publication and distribution of Christian religious literature. Their mission focuses on producing gospel tracts, booklets, and educational magazines in various languages, making religious teachings accessible to diverse populations. In 2022 alone, they printed and shipped over 11 million gospel tracts, along with tens of thousands of booklets and magazines, reaching approximately 90 countries, primarily in the developing world.

This extensive outreach not only facilitates the spread of Christian teachings but also equips believers with resources to deepen their understanding of the Word of God. By addressing spiritual needs through a variety of printed materials, Grace & Truth Inc serves as a vital resource for Christians in remote areas who may lack access to such literature. Their commitment to providing free Christian literature to those in need reinforces their role as one of the largest distributors in this sector, significantly impacting faith communities across the globe.




This information is meant to be a general summary of Grace & Truth 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.

Revenue
$306,408 (2022)
Expenses
$436,848 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,073
  • Program Service Revenue: $12,353
  • Gross Receipts: $309,536

Assets and Liabilities:

  • Total Assets: $583,043
  • Total Liabilities: $0
  • Net Assets: $583,043

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUBSCRIPTIONS - FREE

Revenue

$6,702

SUBSCRIPTIONS TO MAGAZINES

Revenue

$3,496

CONTRIBUTIONS FROM TRACT DIST

Revenue

$2,005

PRINTING MISSIONARY BULLETINS

Revenue

$150

Organization Details

Founding Year

1931

Principal Officer

Paul Alberts

Main Address

210 CHESTNUT ST, DANVILLE, IL, 61832

NTEE Category

Code: X80 - Religion related

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