Overview
What is Graceworks Ministries Inc?
Graceworks Ministries Inc, situated in Franklin, Tennessee, is a nonprofit organization with a compassionate mission. Their primary purpose is to alleviate food insecurity within their community, providing essential nourishment to families experiencing hardship or poverty. This is accomplished through various access points, including a food pantry, mobile food pantries, holiday food boxes, and student fuel bags and classroom snack boxes. The organization operates under the belief that "Neighbor serving neighbor, by the power of God's grace," and employs a team of 60 dedicated individuals to carry out this mission.
Official website here: www.graceworkstn.org
What are the reviews and ratings of this charity?
Graceworks Ministries Inc has received a perfect 100% score on Charity Navigator, earning it a prestigious Four-Star out of Four Star rating. This reflects the organization's exceptional performance across various evaluation metrics, illustrating its commitment to high standards of accountability, finance, leadership, and community engagement.
The nonprofit excels in accountability and financial management, scoring 100 in this category. Highlights include a wholly independent board, robust financial audits, no material diversion of assets, and strong policies for conflict of interest, whistleblowing, and document retention. Its program expense ratio indicates that nearly 90% of expenses go directly toward programs, demonstrating efficiency.
Leadership and adaptability are also strengths, with top marks for strategic planning and innovative leadership practices. Culture and community are areas where Graceworks further distinguishes itself, with perfect scores for constituent feedback and commitment to equity. The absence of reviews on GreatNonprofits limits insights into personal user experiences.
This AI summary has been generated from information found on Charity Navigator.
Is Graceworks Ministries Inc legitimate?
Graceworks Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graceworks Ministries 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: $126,686
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,653,084
For more financial information, click here
Official website here: www.graceworkstn.org
What is the mission statement of Graceworks Ministries Inc?
Graceworks Ministries Inc's mission, as stated, is centered around serving their neighbors in need. They achieve this mission by tapping into the power of God's grace. Specifically, they provide food assistance to families experiencing crisis or poverty. This aid is distributed through various channels, including a food pantry, mobile food pantries, holiday food boxes, and student fuel bags and classroom snack boxes. The organization's actions reflect a commitment to alleviating hunger and supporting those in difficult circumstances.
Official website here: www.graceworkstn.org
Who is the CEO of Graceworks Ministries Inc?
Valencia Breckenridge is the Ceo/President of Graceworks Ministries Inc. The CEO's salary of Graceworks Ministries Inc is $126,686 and their total compensation is $126,686.
Official website here: www.graceworkstn.org
What is the revenue of Graceworks Ministries Inc?
Graceworks Ministries Inc's revenue in 2023 was $11,678,088.
Official website here: www.graceworkstn.org
Who are the executives of Graceworks Ministries Inc and what are their salaries?
The average compensation at Graceworks Ministries Inc during 2023 was $29,663. There are 60 employees and 11450 volunteers at Graceworks Ministries Inc.
Here are 21 key members and their salaries (Graceworks Ministries Inc's CEO's salary is $126,686 and their total compensation is $126,686):
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Official website here: www.graceworkstn.org
Where can I find the form 990 for Graceworks Ministries Inc?
Graceworks Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.graceworkstn.org
Learn more at the official website: www.graceworkstn.org
Mission Statement of Graceworks Ministries Inc
Graceworks Ministries Inc, a nonprofit organization, is dedicated to serving its neighbors in need by harnessing the power of God's grace. At the heart of their mission, they provide essential food resources to families grappling with poverty or crisis through various channels. These include a food pantry, mobile food pantries, holiday food boxes, Student Fuel Bags, and Classroom Snack Boxes. By offering these services, Graceworks Ministries Inc aims to alleviate hunger and contribute to the well-being of their community, embodying their motto of "Neighbor Serving Neighbor, By the Power of God's Grace."
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Impact
July, 2024
Graceworks Ministries Inc has a tangible impact on the community by providing essential food assistance to families experiencing crisis or poverty. Through its various access points such as a food pantry, mobile food pantries, holiday food boxes, and student fuel bags and classroom snack boxes, Graceworks Ministries Inc ensures that individuals and families in need have access to nutritious food. This impactful work embodies the mission of neighbor serving neighbor, by the power of God's grace, making a difference in the lives of many in Franklin, TN.
This information is meant to be a general summary of Graceworks Ministries 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 2023.
- Investment Income: $129,780
- Program Service Revenue: $51,566
- Gross Receipts: $18,316,413
Assets and Liabilities:
- Total Assets: $7,840,536
- Total Liabilities: $2,252,877
- Net Assets: $5,587,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NEIGHBOR ASSISTANCE PAYMENTS
Revenue
$51,566
Organization Details
Founding Year
1994
Phone
(615) 794-9055Principal Officer
Valencia Breckenridge
Main Address
104 SOUTHEAST PKWY SUITE 100, FRANKLIN, TN, 37064
Website
www.graceworkstn.orgNTEE Category
Code: P600 - Human services
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