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Gracebound Inc

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

EIN: 871283419 ✦ Clovis, CA ✦ Designated as a 501(c)(3)

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Overview

What is Gracebound Inc?

Gracebound Inc, situated in Clovis, California, is a benevolent organization committed to helping individuals in need. Their mission encompasses offering aid through a multitude of programs, with one notable initiative being the City of Fresno Shower Project. This project covers related expenses and generates income through reimbursements from the City. Gracebound's purpose is to extend a helping hand to those who require assistance, striving to make a positive impact in their community.


Official website here: www.gracebound.org

Is Gracebound Inc legitimate?

Gracebound Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gracebound Inc submitted a form 990EZ, 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: $41,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $172,991

For more financial information, click here


Official website here: www.gracebound.org

What is the mission statement of Gracebound Inc?

Gracebound Inc, a charitable organization, is committed to aiding individuals in need. Its mission is realized through various programs, one of which is the City of Fresno Shower Project. This project covers expenditures and generates income through reimbursements from the City. In essence, Gracebound's purpose is to offer assistance and support to those in need, as manifested through its diverse program offerings.


Official website here: www.gracebound.org

What is the revenue of Gracebound Inc?

Gracebound Inc's revenue in 2024 was $433,413.


Official website here: www.gracebound.org

Who are the executives of Gracebound Inc and what are their salaries?

The average compensation at Gracebound Inc during 2024 was $9,767. There are 22 employees and 8 volunteers at Gracebound Inc.

Here are 3 key members and their salaries:


Cristina Scott (President)
  • Compensation: $41,884
  • Related: $0
  • Other: $6,272
Keith Scott (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Novielli (Assist Exec Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gracebound.org

Where can I find the form 990 for Gracebound Inc?

Gracebound Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.gracebound.org

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

Mission Statement of Gracebound Inc

Gracebound Inc, a charitable organization, is committed to aiding those in need by offering various assistance programs. The core of its mission revolves around providing aid and managing reimbursements for expenses related to the City of Fresno Shower Project. This project, a significant part of Gracebound's initiatives, serves to accommodate the financial aspects and income generation associated with this project. In simpler terms, Gracebound Inc dedicates itself to helping those in need through various programs, with the City of Fresno Shower Project being one of its key projects, which involves managing finances and generating income associated with this project.

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Impact




October, 2024

Gracebound Inc plays a significant role in addressing the needs of individuals and families in Clovis, CA, through its dedicated programs focused on assistance and support. One notable initiative is the City of Fresno Shower Project, which helps alleviate the challenges faced by those experiencing homelessness by providing essential shower facilities. This program not only enhances personal hygiene but also promotes dignity and well-being for participants.

By covering essential expenses and navigating reimbursement processes with the city, Gracebound Inc ensures that vital resources are accessible to those who need them most. The organization's comprehensive approach to aid contributes to a broader impact on housing stability and community health, ultimately fostering a sense of belonging and support within the local area. Through its efforts, Gracebound Inc empowers individuals, enhances their quality of life, and strengthens community ties.




This information is meant to be a general summary of Gracebound 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
$433,413 (2024)
Expenses
$391,156 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $433,413

Assets and Liabilities:

  • Total Assets: $38,767
  • Total Liabilities: $18,819
  • Net Assets: $19,948

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Organization Details

Principal Officer

Cristina Scott

NTEE Category

Code: L41 - Housing

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