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Grace One

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

EIN: 472434664 ✦ Troy, MI ✦ Designated as a 501(c)(3)

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Overview

What is Grace One?

Grace One is a charitable organization situated at 1833 Freemont Dr, Troy, MI 48098. Their primary mission is to offer monthly financial assistance to children and their families experiencing difficult economic times. By providing this support, Grace One aims to alleviate some of the financial burdens they face, ultimately helping them navigate through these challenging periods. The organization's activities and mission are centered around charitable work, focusing on the well-being of children and their families.

Is Grace One legitimate?

Grace One is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace One 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: $0

For more financial information, click here

What is the mission statement of Grace One?

Grace One, as a charitable organization, is dedicated to providing monthly financial assistance to children and their families who are navigating challenging economic periods. Its mission is to offer a lifeline during financially difficult times, aiming to alleviate some of the burdens faced by these families. The organization's activities are focused on providing this essential financial aid, serving as a beacon of support during hardship. Although its mission is straightforward, its impact is significant, offering a critical source of support during times of economic distress.

Who is the CEO of Grace One?

Fr Mina Essak is the President of Grace One.

What is the revenue of Grace One?

Grace One's revenue in 2022 was $440,000.

Who are the executives of Grace One and what are their salaries?


Here are 3 key members and their salaries:


Fr Mina Essak (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maged Michail (Secertary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raouf Salib (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grace One?

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

Mission Statement of Grace One

Grace One, a charitable organization, is dedicated to providing monthly financial assistance to children and their families who are navigating challenging economic periods. The mission of Grace One is to offer a vital lifeline during tough times, ensuring that the welfare of children does not suffer due to financial hardships experienced by their families. By providing this financial support, Grace One seeks to alleviate some of the economic pressures that families may face, allowing them to focus on other aspects of their lives and maintaining a sense of stability for their children.

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Impact




October, 2024

Grace One is making a significant impact by offering monthly financial assistance to children and their families who are experiencing difficult economic challenges. By providing essential support, it helps alleviate the stress of financial burdens, enabling families to focus on their children's well-being and stability. The organization's efforts foster a sense of security and hope, allowing families to navigate tough times with greater resilience. In Troy, Michigan, Grace One plays a crucial role in strengthening the community by ensuring that children have access to necessary resources, ultimately contributing to improved quality of life and brighter futures for those in need.




This information is meant to be a general summary of Grace One. 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
$440,000 (2022)
Expenses
$421,960 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $440,000

Assets and Liabilities:

  • Total Assets: $21,715
  • Total Liabilities: $0
  • Net Assets: $21,715

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Organization Details

Founding Year

2016

Principal Officer

Fr Mina Essak

Main Address

1833 FREEMONT DR, TROY, MI, 48098

NTEE Category

Code: P60 - Human services

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