Overview
What is Grounds For Grace Inc?
Grounds For Grace Inc, located at 1901 ULMERTON ROAD 475, Clearwater, FL 33762, serves as a funding source for various charities. Aligned with the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF), Grounds For Grace Inc plays a pivotal role in distributing financial assistance to eligible organizations. While the description does not provide specific details about the types of charities they support or the criteria for distribution, it is evident that their mission is centered around giving back to the community through charitable efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Grounds For Grace Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 94% overall, with the entire assessment focused on its Accountability & Finance metrics. This strong score reflects effective governance and transparency practices, positioning the nonprofit favorably among its peers.
One of the notable strengths of Grounds For Grace Inc is its governance structure, with 80% of its board members being independent, which enhances objectivity in decision-making. The organization maintains a robust financial standing, evidenced by a negligible liabilities to assets ratio of 0.01% and an outstanding program expense ratio of 99.97%. These figures suggest that nearly all funds are directed towards its programs, highlighting a commitment to its mission.
While the data does not indicate any weaknesses or areas of concern, the emphasis on financial accountability and governance demonstrates Grounds For Grace Inc's dedication to responsible stewardship of resources. Overall, the organization's strong rating reflects its effectiveness and integrity in managing donations and executing its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Grounds For Grace Inc legitimate?
Grounds For Grace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grounds For Grace 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 Grounds For Grace Inc?
Grounds For Grace Inc's mission is centered around providing financial aid to charitable organizations, aligning with the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). The organization's primary objective is to channel funds to these charities, thereby contributing to their noble causes. The mission of Grounds For Grace Inc. is to support and strengthen various charitable endeavors, thereby making a positive impact in numerous communities.
Who is the CEO of Grounds For Grace Inc?
R Tom Chapman is the Director of Grounds For Grace Inc.
What is the revenue of Grounds For Grace Inc?
Grounds For Grace Inc's revenue in 2022 was $1,221,853.
Who are the executives of Grounds For Grace Inc and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $203,679
- Other: $16,896
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- Other: $0
Where can I find the form 990 for Grounds For Grace Inc?
Grounds For Grace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grounds For Grace Inc
Grounds For Grace Inc, as a nonprofit organization, is dedicated to fulfilling the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). In essence, their mission revolves around providing financial assistance to various charities. By doing so, Grounds For Grace Inc aims to contribute to the broader goals and objectives set by the National Christian Charitable Foundation, Inc. Their actions are geared towards making a positive impact in various communities and sectors, by supporting charities that align with their exempt purposes.
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Impact
July, 2024
Grounds For Grace Inc's impact can be seen in its direct support to various charities aligned with the exempt purposes of the National Christian Charitable Foundation, Inc. By providing crucial funding to these organizations, Grounds For Grace Inc is actively contributing to the betterment of communities and the advancement of philanthropic efforts. Through their mission of channeling resources to deserving causes, Grounds For Grace Inc plays a vital role in promoting positive social change and making a meaningful difference in the lives of those in need.
This information is meant to be a general summary of Grounds For Grace 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $714,934
- Gross Receipts: $2,937,618
Assets and Liabilities:
- Total Assets: $10,986,759
- Total Liabilities: $1,450
- Net Assets: $10,985,309
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Organization Details
Founding Year
2015
Phone
(727) 330-3903Principal Officer
R Tom Chapman
Main Address
1901 ULMERTON ROAD 475, CLEARWATER, FL, 33762
NTEE Category
Code: T31 - Philanthropy
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