Overview
What is Grace Based Films Inc?
Grace Based Films Inc, located in Hollywood, California, is a 501(c)3 nonprofit film production company that focuses on producing universal stories that delve into the intricacies of living a life filled with hope and faith. Unlike traditional film companies that rely on investors for funding, Grace Based Films sources funds from donors. This unique model allows the company to employ people and channel its profits towards future film projects and philanthropic causes, rather than investors and filmmakers. One of their notable projects is a documentary titled "A Case for Love," featuring Bishop Michael Curry's message of selfless love, showcased through conversations with various figures and everyday individuals.
Official website here: www.gracebasedfilms.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Grace Based Films Inc has received an 83% rating, indicating a solid Three-Star status based primarily on its Accountability and Finance. The organization demonstrates strong financial health, with a notably high Program Expense Ratio of 98.40%, which suggests that the majority of its expenses are directed toward its mission-related activities. Additionally, the organization has a fully independent board, which is a positive indicator of its governance.
However, there are some areas for improvement. Notably, Grace Based Films is missing policies for Whistleblower protections and Document Retention and Destruction, which could be critical for maintaining transparency and accountability. Furthermore, the organization's Tax Form is not available on its website, which may hinder public access to important financial information.
Overall, while Grace Based Films Inc shows strong accountability standards and a commitment to its mission, addressing the noted limitations could enhance its credibility and operational effectiveness in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Based Films Inc legitimate?
Grace Based Films Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Based Films 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: $138,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,554
For more financial information, click here
Official website here: www.gracebasedfilms.org/
What is the mission statement of Grace Based Films Inc?
Grace-Based Films is a non-profit film production company that operates on a unique business model. Situated in Hollywood, they produce universal stories that delve into the intricacies of living with hope and faith. Instead of relying on investors, they fund their films through donors. This innovative approach allows them to employ people and utilize their profits to fund future projects and charitable causes, rather than benefiting investors or filmmakers directly.
Official website here: www.gracebasedfilms.org/
Who is the CEO of Grace Based Films Inc?
Brian Ide is the Ceo & President of Grace Based Films Inc. The CEO's salary of Grace Based Films Inc is $0 and their total compensation is $109,854.
Official website here: www.gracebasedfilms.org/
What is the revenue of Grace Based Films Inc?
Grace Based Films Inc's revenue in 2022 was $119,637.
Official website here: www.gracebasedfilms.org/
Who are the executives of Grace Based Films Inc and what are their salaries?
Here are 3 key members and their salaries (Grace Based Films Inc's CEO's salary is $0 and their total compensation is $109,854):
- Compensation: $0
- Related: $109,854
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $15,896
- Related: $13,087
- Other: $0
Official website here: www.gracebasedfilms.org/
Where can I find the form 990 for Grace Based Films Inc?
Grace Based Films Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gracebasedfilms.org/
Learn more at the official website: www.gracebasedfilms.org/
Mission Statement of Grace Based Films Inc
Grace Based Films Inc, a 501(C)3 organization, operates as a revolutionary film production company based in Hollywood. Their mission revolves around telling universal stories that highlight the intricacies of living a life filled with hope and faith. Unlike traditional film production companies, Grace Based Films Inc has reimagined their business model. Instead of relying on investors, they fund their films through donors. This innovative approach allows them to put people to work and direct their profits towards future storytelling and philanthropic endeavors, rather than investors and filmmakers. This unique approach not only supports the film industry but also contributes to various charitable causes.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Grace Based Films Inc. makes a significant impact by telling universal stories that delve into the complexities of hope and faith. Based in Hollywood, the organization has reimagined the film production model by funding its projects through donations rather than seeking profit from investors. This innovative approach not only allows them to prioritize storytelling that resonates with audiences but also ensures that the proceeds from their films contribute back to future projects and philanthropic efforts.
One of their prominent works, "A Case for Love," features the powerful and timely message of sacrifice and love as conveyed by Bishop Michael Curry. This documentary, interwoven with conversations from both well-known figures and everyday individuals, aims to explore how these themes manifest in the larger world. By connecting Curry's teachings to the global audience that Hollywood can reach, Grace Based Films Inc. plays a crucial role in spreading messages of love and faith, thereby fostering a sense of community and connection among diverse viewers. Through their work, they not only provide employment in the film industry but also serve a higher purpose by aiming to inspire and uplift society.
This information is meant to be a general summary of Grace Based Films 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.
- Program Service Revenue: $20,000
- Gross Receipts: $119,637
Assets and Liabilities:
- Total Assets: $139,959
- Total Liabilities: $0
- Net Assets: $139,959
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VIRGINIA THEOLOGICAL S
Revenue
$20,000
Organization Details
Founding Year
2019
Phone
(310) 795-4423Principal Officer
Brian Ide
Main Address
2460 GRAMERCY PARK, LOS ANGELES, CA, 90018
Website
www.gracebasedfilms.org/NTEE Category
Code: X81 - Religion related
If you are a representative of Grace Based Films Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.