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Grace Unleashed Inc

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

EIN: 411854018 ✦ Maple grove, MN ✦ Designated as a 501(c)(3)

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Overview

What is Grace Unleashed Inc?

Grace Unleashed Inc is a nonprofit organization that specializes in Christian Music Ministry. Operating under the umbrella of religious media and communications organizations, their mission is centered around spreading faith-based music. They function as a vital part of this sector, contributing to the spiritual and musical landscape.


Official website here: www.graceunleashed.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Grace Unleashed Inc has received a low score of 56%, resulting in a One-Star rating from Charity Navigator. This rating reflects significant concerns regarding the organization’s accountability and financial practices, particularly in areas such as board independence and conflict of interest policies, where the charity scored poorly. While there are some positive aspects like a perfect score on the liabilities to assets ratio, these strengths do not outweigh the overall deficiencies noted in the governance and transparency metrics.

The organization has faced criticism for lacking independent board members, which raises questions about oversight and decision-making. Additionally, policies that are typically seen as best practices, such as those for conflict of interest, whistleblower protections, and document retention, were not adequately addressed. This lack of fundamental governance structures may lead to concerns about the organization's ability to operate effectively and ethically.

Financially, Grace Unleashed Inc demonstrated a solid program expense ratio, indicating that a significant portion of its expenditures is directed towards its programs. However, the issues highlighted in accountability and governance may hinder its reputation and potential for attracting donors. Overall, prospective supporters should consider these factors when evaluating the charity's effectiveness and reliability.


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

Is Grace Unleashed Inc legitimate?

Grace Unleashed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Unleashed 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: $13,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.graceunleashed.org

What is the mission statement of Grace Unleashed Inc?

Grace Unleashed Inc functions as a Christian Music Ministry within the realm of religious media and communications organizations. Their mission is centered around spreading faith-based music, promoting spiritual growth and inspiration through this medium. Grace Unleashed aims to serve as a platform for Christian artists and music, contributing to the broader community of religious communications. Their activities are geared towards fostering spiritual connection and upliftment through music.


Official website here: www.graceunleashed.org

Who is the CEO of Grace Unleashed Inc?

Unavailable


Official website here: www.graceunleashed.org

What is the revenue of Grace Unleashed Inc?

Grace Unleashed Inc's revenue in 2022 was $52,790.


Official website here: www.graceunleashed.org

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

The average compensation at Grace Unleashed Inc during 2022 was $13,500. There is 1 employee and 3 volunteers at Grace Unleashed Inc.


Here are 5 key members and their salaries:


Christopher Atkins (Executive Di)
  • Compensation: $13,500
  • Related: $0
  • Other: $0
Teresa J Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert H Gales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Bloomquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Atkins (Pres/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.graceunleashed.org

Where can I find the form 990 for Grace Unleashed Inc?

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


Official website here: www.graceunleashed.org

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

Mission Statement of Grace Unleashed Inc

Grace Unleashed Inc serves as a Christian Music Ministry, functioning under the broader umbrella of religious media and communications organizations. The organization's mission is centered around this musical aspect, aiming to spread the teachings and values of Christianity through music. Grace Unleashed Inc uses music as a medium to communicate spiritual messages and inspire its audience, aligning itself with the broader objectives of religious media and communications organizations.

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Impact




August, 2024

Grace Unleashed Inc's impact can be seen in the uplifting and inspiring music they produce as part of their Christian Music Ministry. Their songs serve to spread messages of faith, hope, and love to listeners, encouraging spiritual growth and connection. Through their work, Grace Unleashed Inc contributes to the enrichment of individuals' spiritual lives and fosters a sense of community among those who share their beliefs.




This information is meant to be a general summary of Grace Unleashed 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
$52,790 (2022)
Expenses
$17,838 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9
  • Gross Receipts: $52,790

Assets and Liabilities:

  • Total Assets: $49,627
  • Total Liabilities: $352
  • Net Assets: $49,275

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Organization Details

Founding Year

1996

Main Address

15799 73RD CIRCLE N, MAPLE GROVE, MN, 55311

NTEE Category

Code: X99Z - Religion related

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