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Grace America Charity Inc

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

EIN: 473745340 ✦ Lakewood, CA ✦ Designated as a 501(c)(3)

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Overview

What is Grace America Charity Inc?

Grace America Charity Inc is a nonprofit organization situated in Lakewood, California, with an address at 5750 Downey Ave Apt 308. Their mission is to advance the service objectives of the Coptic Orthodox Church, led by His Holiness, the Pope of Alexandria Egypt and the Patriarch of the See of Saint Mark. This church provides its services to the people of Africa through the Bishopric of African Affairs. By doing so, Grace America Charity Inc contributes to the Church's efforts in Africa, supporting its aims and goals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)

Grace America Charity Inc has received a "Needs Improvement" rating from Charity Navigator, scoring 70%. This rating reflects strong performance in accountability and finance, with a perfect score of 100%. The organization demonstrates excellent governance practices, having a fully independent board and maintaining a favorable liabilities to assets ratio, indicating sound financial management.

However, the charity has notable limitations, including the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing policies contributed to a lower overall rating as they are essential for ensuring transparency and ethical operations. Additionally, there is no documentation of board meeting minutes available, which raises concerns about governance practices.

Overall, while Grace America Charity Inc exhibits solid financial accountability, the lack of essential policies and documentation undermines its rating. Addressing these gaps could enhance its credibility and operational effectiveness in the nonprofit sector.


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

Is Grace America Charity Inc legitimate?

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

For more financial information, click here

What is the mission statement of Grace America Charity Inc?

Grace America Charity Inc's mission is centered around supporting the service goals of the Coptic Orthodox Church. This Apostolic Church, led by the Pope of Alexandria Egypt and the Patriarch of the See of Saint Mark, extends its services to the people of Africa through the Bishopric of African Affairs. The primary objective of Grace America Charity Inc is to contribute to this mission, thereby aiding the Church in its efforts to serve the African community. The exact nature of these services and how Grace America Charity Inc contributes to them is not specified in the provided information.

Who is the CEO of Grace America Charity Inc?

Ezzat Wassif is the President of Grace America Charity Inc.

What is the revenue of Grace America Charity Inc?

Grace America Charity Inc's revenue in 2022 was $61,000.

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


Here are 3 key members and their salaries:


Bishop Marcos (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ezzat Wassef (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nawal Ragheb (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grace America Charity Inc?

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

Mission Statement of Grace America Charity Inc

Grace America Charity Inc, as a nonprofit organization, is dedicated to advancing the service objectives of the Coptic Orthodox Church. This church, under the leadership of His Holiness, the Pope of Alexandria Egypt and the Patriarch of the See of Saint Mark, has a primary focus on providing aid to the people of Africa through the Bishopric of African Affairs. The mission of Grace America Charity Inc, therefore, aligns with this broader objective, aiming to contribute to the church's efforts in serving the African community. The organization's role is to further extend the reach and impact of the Coptic Orthodox Church's services in Africa, thereby contributing to the betterment of the lives of many.

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Impact




August, 2024

Grace America Charity Inc has a direct impact on furthering the service goals of the Coptic Orthodox Church in Africa through the Bishopric of African Affairs. Their mission is to provide essential human services to the people in need, in alignment with the objectives of the Coptic Orthodox Church. This organization plays a crucial role in facilitating and supporting the church's charitable initiatives, thus positively impacting the lives of individuals and communities in Africa.




This information is meant to be a general summary of Grace America Charity 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
$61,000 (2022)
Expenses
$100,000 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $61,000

Assets and Liabilities:

  • Total Assets: $19,240
  • Total Liabilities: $0
  • Net Assets: $19,240

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Organization Details

Founding Year

2015

Principal Officer

Ezzat Wassif

Main Address

5750 DOWNEY AVE APT 308, LAKEWOOD, CA, 90712

NTEE Category

Code: P70 - Human services

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