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Sponsored By Grace Inc

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

EIN: 831421653 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Sponsored By Grace Inc?

Sponsored By Grace Inc, situated in Jacksonville, Florida, is a nonprofit organization that actively engages with local communities. Their primary mission is to assist children living in poverty, providing for their physical needs and introducing them to faith through various programs. This entails organizing regular community events, such as field activities, food provision, empowerment sessions, craft workshops, and neighborhood cookouts. They also engage in community beautification projects, sports activities, and neighborhood walks. Their workforce comprises seven dedicated individuals.


Official website here: www.sponsoredbygrace.org

Is Sponsored By Grace Inc legitimate?

Sponsored By Grace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sponsored By 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,739

For more financial information, click here


Official website here: www.sponsoredbygrace.org

What is the mission statement of Sponsored By Grace Inc?

Sponsored By Grace Inc's mission is centered around alleviating poverty among children in America. They achieve this by addressing their physical needs, spreading the gospel, and connecting them with a local faith community. Through regular activities such as Impact Day, which includes field activities, food provision, empowerment sessions, crafts, and community cookouts, they aim to positively impact families. Additionally, they engage with communities through initiatives like neighborhood walks, sports activities, and community beautification projects.


Official website here: www.sponsoredbygrace.org

Who is the CEO of Sponsored By Grace Inc?

Unavailable


Official website here: www.sponsoredbygrace.org

What is the revenue of Sponsored By Grace Inc?

Sponsored By Grace Inc's revenue in 2022 was $425,271.


Official website here: www.sponsoredbygrace.org

Who are the executives of Sponsored By Grace Inc and what are their salaries?

The average compensation at Sponsored By Grace Inc during 2022 was $23,534. There are 7 employees and 10 volunteers at Sponsored By Grace Inc.


Here are 4 key members and their salaries:


Ronald Armstrong Jr (Director)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Zach Stalnaker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilnik Mark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sponsoredbygrace.org

Where can I find the form 990 for Sponsored By Grace Inc?

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


Official website here: www.sponsoredbygrace.org

Learn more at the official website: www.sponsoredbygrace.org

Mission Statement of Sponsored By Grace Inc

Sponsored By Grace Inc, a nonprofit organization, is committed to releasing children from poverty across America. They achieve this mission by addressing the physical needs of these children, sharing the gospel with them, and connecting them with a local faith family. Through their various activities, they aim to provide holistic support to these children, helping them overcome poverty and fostering their spiritual growth.

One of their primary methods of operation is Impact Day, a three-times-monthly event that includes field activities, food nourishment, empowerment sessions for families, crafts, and community cookouts. They also engage with families and residents through community beautifications, sports activities, and neighborhood walks. These initiatives not only provide essential resources to children in need but also create opportunities for them to connect with a local faith community, offering them support and guidance.

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Impact




October, 2024

Sponsored By Grace Inc. has a significant impact on children and families facing poverty across America, particularly in Jacksonville, FL. By addressing physical needs through food nourishment and community support, they work to uplift families and foster a sense of connection. Their program, Impact Day, engages the community three times a month with various activities, including field programs, crafts, and community cookouts, which not only provide essential resources but also foster relationships and build a supportive network.

In addition, their initiatives like community beautifications, sports activities, and neighborhood walks help to create a welcoming environment and promote engagement among residents. By sharing the gospel and facilitating connections with local faith families, Sponsored By Grace Inc. aims to provide not just immediate relief but also long-term support and a sense of belonging, ultimately helping to break the cycle of poverty for children and their families.




This information is meant to be a general summary of Sponsored By 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.

Revenue
$425,271 (2022)
Expenses
$382,225 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $201
  • Gross Receipts: $425,271

Assets and Liabilities:

  • Total Assets: $372,353
  • Total Liabilities: $6,728
  • Net Assets: $365,625

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Organization Details

Founding Year

2020

Main Address

14286-19 BEACH BLVD, Jacksonville, FL, 32250

NTEE Category

Code: P40 - Human services

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