Overview
What is The Grace Institute?
The Grace Institute is a nonprofit organization situated in Germantown, Tennessee. Their primary focus is to offer theological education to pastors and church leaders residing in under-resourced regions around the world. They accomplish this mission by utilizing donated technological resources, such as tablets, computers, and projectors, to deliver their training programs. This innovative delivery system ensures that even those in remote areas have access to quality education. The organization boasts a relatively small workforce of three dedicated individuals.
Official website here: www.thegraceinstituteintl.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Grace Institute has received a solid 88% rating on Charity Navigator, reflecting its commitment to accountability and finance. This score is primarily derived from its strong performance in financial management, particularly notable are its independent board members and robust audit processes which contribute to its transparency and governance.
The organization excels in minimizing any risks related to asset diversion and demonstrates a high program expense ratio, allocating nearly 92% of its expenditures directly to its programs. These strengths highlight the efficiency and focus of The Grace Institute in fulfilling its mission effectively.
However, there are some areas for improvement, particularly regarding the absence of a whistleblower policy and document retention protocols. While these shortcomings do not significantly detract from its overall performance, addressing them would further strengthen the organization's governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is The Grace Institute legitimate?
The Grace Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Grace Institute 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: $98,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,608
For more financial information, click here
Official website here: www.thegraceinstituteintl.com
What is the mission statement of The Grace Institute?
The Grace Institute's mission is centered around providing theological education to pastors in underprivileged regions globally. Their objective is to equip and prepare these clergy members with the necessary knowledge, thereby strengthening their spiritual leadership. They accomplish this mission by utilizing donated technological resources such as tablets, computers, and projectors, which enable the delivery of theological training to hundreds of pastors and church leaders in remote, resource-poor areas.
Official website here: www.thegraceinstituteintl.com
Who is the CEO of The Grace Institute?
Will H Savell is the President of The Grace Institute.
Official website here: www.thegraceinstituteintl.com
What is the revenue of The Grace Institute?
The Grace Institute's revenue in 2022 was $619,332.
Official website here: www.thegraceinstituteintl.com
Who are the executives of The Grace Institute and what are their salaries?
The average compensation at The Grace Institute during 2022 was $60,717. There are 3 employees at The Grace Institute.
Here are 4 key members and their salaries:
- Compensation: $65,731
- Related: $0
- Other: $26,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thegraceinstituteintl.com
Where can I find the form 990 for The Grace Institute?
The Grace Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thegraceinstituteintl.com
Learn more at the official website: www.thegraceinstituteintl.com
Mission Statement of The Grace Institute
The Grace Institute is a nonprofit organization dedicated to a noble mission. It strives to train and equip pastors hailing from underprivileged regions globally, providing them with theological education. This mission is carried out through a unique delivery system, which involves donating technological tools such as tablets, computers, and projectors to hundreds of pastors and church leaders in remote areas. This innovative approach enables these individuals to receive theological education, thereby preparing them effectively for their roles in their communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Grace Institute's impact can be seen in the hundreds of pastors and church leaders in under-resourced areas of the world who have received theological training through donated technological delivery systems such as tablets, computers, and projectors. By providing this training, The Grace Institute is equipping these individuals with the knowledge and skills they need to serve their communities effectively and spread their faith. This ultimately helps to strengthen the leadership and impact of churches in these rural areas.
This information is meant to be a general summary of The Grace Institute. 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.
- Gross Receipts: $619,332
Assets and Liabilities:
- Total Assets: $199,659
- Total Liabilities: $5,295
- Net Assets: $194,364
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2012
Phone
(901) 603-6696Principal Officer
Will H Savell
Main Address
2230 Howard Road, Germantown, TN, 38138
NTEE Category
Code: X20 - Religion related
If you are a representative of The Grace Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.