Grace Academic Services Inc in Jackson, Michigan (MI)

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Grace Academic Services Inc
Employer Identification Number (EIN)208029145
Name of OrganizationGrace Academic Services Inc
In Care of NameNeil Fernandes
Address936 Fleming Avenue, Jackson, MI 49202
SubsectionEducational Organization
Ruling Date02/2007
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$37,836
Amount of Income$59,552
Form 990 Revenue Amount$59,552
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Educational Services and Schools - Other


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$59,552
Contributions, gifts, grants, and similar amounts received$57,977
Program service revenue including government fees and contracts$1,575
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$32,029
Total net assets$29,010
Excess for the year$27,523
Net assets or fund balances at beginning of year$1,487
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$37,836
Total liabilities$8,826
Net assets or fund balances$29,010
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$57,977
Gifts, grants, contributions, and membership fees received$57,977
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$1,575
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